Mortgage Underwriter

beelineloansinc; Providence (RI); On-site; USD 70,000 - 105,000; Full time

Benefits offered by this job

Health Insurance

Dental Insurance

Vision insurance

Life & disability insurance

401(k)

10 days personal/sick time per year

3 weeks vacation per year

Job summary

Beeline is hiring a Mortgage Underwriter to evaluate loan applications for creditworthiness and adherence to guidelines. You will manage an underwriting pipeline and review DSCR, Conventional, FHA, VA, and HELOC files, ensuring accuracy across documents and systems.

In this role you will analyze tax returns, appraisals, condo docs, and title work while maintaining high loan quality. Collaboration with mortgage partners and independent work style are valued in Beeline’s fast-paced environment.

Qualifications

• Experience with DSCR, Conventional, FHA, VA, and HELOC loan programs.
• Assess borrowers' credit and income documentation for accuracy.
• Familiarity with title, appraisal reviews, and closing conditions.
• Ability to detect potential fraud and misrepresentation in loan files.
• Proficiency with underwriting software and risk assessment tools.

Responsibilities

• Manage underwriting pipeline for initial, condition review, and final review of loans.
• Review DSCR, Conventional, FHA, VA, and HELOC loan applications and documentation.
• Assist with underwriting questions, scenarios, and challenges.
• Evaluate loan parameters: LTV, DTI, credit, income, assets, and down payment sources.
• Analyze tax returns and other income documents for accuracy.
• Validate data consistency between company systems and AUS.
• Uphold loan quality and compliance standards with each transaction.
• Evaluate appraisals, condo documents, and title work for eligibility.

Skills

Credit risk assessment

Underwriting software

Analytical thinking

Attention to detail

Customer service

Independent work

Team collaboration

Multitasking

Communication skills

Education

Direct Endorsement (DE) Certification

VA Certification

Job description

Mortgage Underwriter

We are seeking a skilled and detail-oriented Underwriter to join our team. As an Underwriter, you will play a crucial role in evaluating and assessing loan applications to determine their creditworthiness and adherence to lending guidelines.

Responsibilities

• Manage an underwriting pipeline for initial, condition review, and final review of loans.
• Experience with DSCR, Conventional, FHA, VA, and HELOC loan applications and documentation, ensuring adherence to company, federal, agency, and investor guidelines.
• Assist with underwriting questions, scenarios, and challenges.
• Assess customers' loan-to-value ratio, debt-to-income ratio, credit report, application details, income, assets, and down payment sources to detect potential fraud or misrepresentation.
• Demonstrate proficiency in analyzing various types of tax returns.
• Validate accuracy between company systems and Automated Underwriting System (AUS).
• Uphold loan quality and accuracy standards with each transaction.
• Evaluate appraisals to confirm alignment with secondary market, investor, and company criteria.
• Analyze condo documents to ensure it aligns with approval guidelines.
• Conduct a thorough analysis of title work to ensure accuracy and compliance.
• Experience in self-employment income calculations
• Strong background in DSCR loans

Skills and Requirements

• DE (Direct Endorsement) and VA Certifications preferred
• Knowledge of credit scoring and risk assessment
• Excellent customer service skills
• Proficiency in underwriting software and tools
• Proven ability to collaborate and problem-solve with other mortgage partners
• Strong attention to detail and accuracy
• Strong planning and organizational skills
• Ability to work independently and in a team
• Ability to multitask and be comfortable working at a fast pace
• Demonstrate strong interpersonal skills

Benefits

• Health Insurance
• Dental Insurance
• Vision insurance
• Life & disability insurance
• 10 days of personal/sick time per year - available upon starting
• 3 weeks of vacation time per year accrued per pay period
• 401(k)

About Beeline

We are revolutionizing the home loan process to replace fear and uncertainty with respect and peace of mind. Offering diverse mortgage products, we empower customers to reach closing effortlessly with our user-friendly technology.

Beeline is an Equal Opportunity Employer that welcomes and encourages all applicants to apply regardless of age, race, sex, religion, color, national origin, disability, veteran status, sexual orientation, gender identity and/or expression, marital or parental status, ancestry, citizenship status, pregnancy or other reason protected by law.