TPO Underwriter

Union Home Mortgage Corp.; United States; On-site; USD 65,000 - 95,000; Full time

Job summary

Union Home Mortgage Corp. seeks an experienced Underwriter to analyze loan applications submitted through third-party originators, focusing on borrower credit, income, assets, and appraisal data to ensure compliance with investor guidelines. The role mitigates risk while supporting timely decisions.

The candidate should have 3–5 years in underwriting, a Bachelor’s degree or equivalent, experience with FHA/VA/Agency loans, DE endorsement, and knowledge of Encompass LOS. DE/SAR preferences apply.

Qualifications

• 3-5 years of experience as an Underwriter and complete knowledge of the mortgage business.
• Bachelor’s degree preferred or equivalent work experience.
• Experience with FHA/ VA/ Agency loans.
• Direct Endorsement (DE)
• LAPP/ SAR preferred.
• Knowledge of Encompass LOS.

Responsibilities

• Underwrite 3–4 new loans per day while minimizing risk by thoroughly analyzing income, credit, assets, ratios, and collateral.
• Maintain 24–48 hour turn times.
• Clear UTC conditions within 24 hours.
• Prepare loans for risk committee.
• Make counter offers on loans that do not conform to products originated.
• Stay updated on investor, agency, FHA, VA, and UHM guideline changes and overlays.
• Ensure accuracy of criteria for specific loan types, products, rates, documentation, and data.
• Maintain Quality Control ratings within company standards.
• Attend seminars and courses to stay abreast of market trends and developments.
• Provide training support to sales and assist in developing new underwriters.

Skills

Analytical skills

Interpersonal skills

Attention to detail

Technical report writing

Teamwork

Judgement

Quantitative data

Education

Bachelor's degree or equivalent

DE certification

LAPP/SAR preferred

FHA/VA/Agency loans knowledge

Tools

Encompass LOS

Job description

OVERVIEW

At UHM, we understand diversity comes in many different forms. It’s our commitment to improve inclusion in the workplace through programs and policies that establish a positive and inclusive environment where every Partner, regardless of their background, can grow and excel. We value

Qualifications

At UHM, we understand diversity comes in many different forms. It’s our commitment to improve inclusion in the workplace through programs and policies that establish a positive and inclusive environment where every Partner, regardless of their background, can grow and excel. We value diversity, educate on equity, and create inclusive partner opportunities to ensure that you know #UBelongAtUHM!

OVERVIEW

At UHM, we understand diversity comes in many different forms. It’s our commitment to improve inclusion in the workplace through programs and policies that establish a positive and inclusive environment where every Partner, regardless of their background, can grow and excel. We value diversity, educate on equity, and create inclusive partner opportunities to ensure that you know #UBelongAtUHM!

This position is responsible for the timely and accurate analysis and evaluation of loan applications, as submitted through third party originators, based on a borrower’s credit, employment, income, financial data and asset profile, along with the appraisal report, and investor guidelines. An underwriter makes sound decisions that mitigate risk to the company, adhere to quality standards, and maximize the borrower’s chances of obtaining and sustaining homeownership.

Duties & Responsibilities

• Responsible for underwriting 3-4 new loans per day while minimizing any risk to the company by thoroughly analyzing a borrower’s income, credit, assets, ratios and the collateral to ensure compliance with our investors, agencies, HUD, VA, USDA or HFA’s, as applicable.
• Maintain 24-48 hour turn times.
• Responsible for clearing UTC conditions within 24 hours.
• Responsible for preparing loans for risk committee.
• Responsible for making counter offers on loans that do not conform to products under which they were originated.
• Responsible for remaining updated on all investor, agency, FHA, VA, UHM guideline changes along with any overlays.
• Ensure the accuracy of all necessary criteria for specific loan types, products, rates, applicable documentation, and data.
• Maintain Quality Control ratings within company standards.
• Attend appropriate seminars, live and recorded courses to keep abreast on current market trends and developments.
• Sit in on roundtables when needed.
• Provide training support to sales force as needed.
• Responsible for listening in on departmental huddles.
• Assist loan officers, broker partners, and NDC Clients with scenarios and explaining any conditions that are not clear to them.
• Assist in the development of new underwriters, broker coordinators, and processors.

Skills Required

• Strong analytical skills, especially in credit and risk, along with decision making skills
• Effective interpersonal skills and technical report writing skills
• Attention to detail
• Knowledge of Encompass LOS
• Shows work commitment
• Personal organization
• Adaptability and flexibility
• Ability to meet strict deadlines and demonstrate a sense of urgency as applicable.
• Fosters teamwork
• Uses sound judgement
• Comfortable using financial/ quantitative data

Education & Experience

• 3-5 years of experience as an Underwriter and complete knowledge of the mortgage business
• Bachelor’s degree preferred or equivalent work experience
• Experience with FHA/ VA/ Agency loans
• Direct Endorsement (DE)
• LAPP/ SAR preferred
• Knowledge of Encompass LOS

Supervisory Responsibilities

None

CERTIFICATES, LICENSES, & REGISTRATIONS

None

This employer participates in E-Verify. If hired, the employer will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S.

Equal Employment Opportunity Statement

Union Home Mortgage Corp. provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, amnesty or status as a covered veteran in accordance with applicable federal, state and local laws. Union Home Mortgage Corp. complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training. Union Home Mortgage Corp. expressly prohibits any form of unlawful employee harassment based on race, color, religion, gender, sexual orientation, national origin, age, genetic information, disability or veteran status. Improper interference with the ability of Union Home Mortgage Corp. employees to perform their expected job duties is absolutely not tolerated.