Mortgage Underwriter — Risk, Compliance & Loans

OneTrust Home Loans, NMLS 46375; United States; On-site; USD 70,000 - 120,000; Full time

Benefits offered by this job

Attractive employment packages

Work-life balance

Training opportunities

Innovative culture

Job summary

OneTrust Home Loans is seeking an experienced Mortgage Underwriter to evaluate loan applications for eligibility based on risk, guidelines and government regulations. This role focuses on accuracy, compliance, and timely decision-making within SLAs.

Candidates should have a Bachelor's degree or equivalent, 4 years of underwriting experience, and knowledge of HUD, VA, FHA and investor guidelines. DE/VA LAPP/SAR designations are a plus and benefits include a strong training program and career

Qualifications

• Bachelor's degree or equivalent combination of education and experience.
• 4 years' current underwriting experience.
• Proficient knowledge of underwriting terminology.
• Ability to maintain knowledge of lending guidelines, investor programs, industry requirements, and industry changes.
• Ability to make independent decisions regarding acceptance and risk of loans according to HUD, VA, USDA, company, and investor guidelines.
• Experience with FHA, VA, Conventional conforming, non-conforming loans, condominium loans.
• DE and VA LAPP/SAR designations.

Responsibilities

• Review and analyze the mortgage loan application to ensure eligibility, accuracy, completeness, and compliance with internal and regulatory guidelines to minimize risk factors.
• Review all required loan data, reports, and inspections to ensure the collateral is acceptable to investor and Company guidelines.
• Evaluate condominium mortgage loan files, including project eligibility and documentation requirements, to assess risk and make sound underwriting decisions.
• Accurately analyze complex financial documents and calculate income from various income sources including but not limited to hourly, salaried, commission, self-employed and fixed income, assets statements (401K, checking, savings), analyze residential appraisal reports, review preliminary title reports and the ability to make independent credit decisions.
• Ensure the highest level of compliance, appraisal analysis and fraud mitigation.
• Sign off on conditions in a timely manner set by management and work within specified Service Level Agreements ("SLAs")
• Maintain current knowledge as it pertains to MDIA, RESPA, TILA, ECOA, HMDA and Fair Lending regulation.
• Other duties as assigned.

Skills

Underwriting terminology

Communication

Time management

Attention to detail

Interpersonal skills

Education

Bachelor's degree or equivalent

4 years underwriting experience

DE and VA LAPP/SAR designations

Job description

OneTrust Home Loans is seeking an experienced Mortgage Underwriter to evaluate loan applications for eligibility based on risk, guidelines and government regulations. This role focuses on accuracy, compliance, and timely decision-making within SLAs.

Candidates should have a Bachelor's degree or equivalent, 4 years of underwriting experience, and knowledge of HUD, VA, FHA and investor guidelines. DE/VA LAPP/SAR designations are a plus and benefits include a strong training program and career