Mortgage Underwriter

Digital Risk; Rockford (IL); Remote; USD 60,000 - 80,000; Full time

Job summary

A leading company in the mortgage outsourcing sector is looking for a dedicated Underwriter to join their remote team. This role involves reviewing mortgage files with a strong focus on accuracy and compliance, requiring at least 3 years of underwriting experience. The ideal candidate will exhibit strong analytical, organizational, and communication skills while ensuring exceptional service to clients. Join a dynamic team that values your expertise and insight in a fast-paced, supportive environment.

Qualifications

• Minimum 3+ years of current conventional mortgage loan underwriting experience.
• Strong knowledge of income calculations and credit reports.
• Ability to work in a high stress environment and deliver high-level customer service.

Responsibilities

• Perform complete and in-depth review of mortgage loan files.
• Underwrite loans according to client guidelines.
• Provide excellent customer service to clients.

Skills

Analytical skills

Communication skills

Time management

Detail-oriented

Job description

Digital Risk's mission to Make Mortgages Safe relies on the perfect blending of human experience and state-of-the-art technology to serve its workforce and clients.

Digital Risk's 1,500+ team members make us one of the largest mortgage outsource providers in the U.S., supplying appraisal and mortgage processing, underwriting and closing to the largest banks and loan originators.

Position Overview :

The Underwriter's primary responsibilities include reviewing mortgage files submitted to Underwriting. This position requires calculating income, analyzing debt and assets, as well as completing an in-depth review of the completed appraisal and title. Additional responsibilities include entering data into the client's loan operating system and or Digital Risks proprietary system. Candidates must possess a strong sense of urgency with an ability to work in a team environment, maintaining excellent organizational, communication, and PC skills.

Essential Job Functions :

• Perform complete and in-depth review of mortgage loan files including; income, assets, credit and collateral
• Underwrite loans in accordance with client guidelines; utilizing AUS or manual guidelines
• Evaluate and ensure overall loan documents are accurate, complete, and compliant
• Ability to identify red flag or alerts
• Issue loan decision and condition file accordingly
• Review and approve conditions for compliance and completion of loan file
• Provide excellent customer service to internal and external clients
• Maintain current knowledge of client and investor requirements
• Resolve pre and post-closing issues as they relate to underwriting

Requirements :

• Minimum 3+ years current conventional mortgage loan underwriting experience

The position is fully remote, but you must reside in Phoenix, AZ area.

• Strong knowledge of income calculations, tax returns, reading credit reports, identifying red flags
• Basic knowledge of appraisal and ability to recognize red flags and ineligible properties
• Thorough working knowledge of Fannie Mae and Freddie Mac underwriting guidelines and automated underwriting engines (DU / LP)
• Ability to calculate self-employed income across numerous income streams to include 1065, 1120 and K1 returns.
• Strong analytic, interpersonal, and verbal and written communication skills
• Detail-oriented with strong ability to time manage
• Ability to work in a flexible and production-oriented environment
• Must be able to work in a high stress environment while delivering a high-level of customer service
• Must be willing and able to work as part of a team
• Strong capability to work in multiple systems - paperless environment
• Must be willing to work in strict security environment
• Candidates must be available to work outside of normal business hours when necessary