Underwriter

Jet HomeLoans, a Dream Finders Homes company; Fayetteville (NC); Hybrid; USD 65,000 - 90,000; Full time

Benefits offered by this job

Health Insurance

401(k) Plan

Paid Time Off

Home Purchase Discount

Pet Insurance

Employee Assistance Program

Wellness Program

Job summary

Jet HomeLoans, a Dream Finders Homes company, is seeking an experienced Mortgage Underwriter in North Carolina to assess complex loan applications and manage a pipeline. You will ensure loans meet investor and insurer guidelines and stay current with industry changes.

Responsibilities include analyzing income, assets, and credit documents, collaborating with sales, processing, underwriting, and closing teams, and helping maintain timely closings while meeting KRI and KPI targets.

Qualifications

• 2+ years of new mortgage underwriting experience.
• Current VA SAR Designation.
• Excellent knowledge of FNMA, FHLMC guidelines.
• Deep knowledge of federal and state laws (TRID, TILA, HMDA).
• Ability to read and interpret loan documents and to write correspondence.
• Ability to work under pressure and meet deadlines.
• Proficiency with loan origination software.

Responsibilities

• Underwrite complex loan applications and manage an assigned loan pipeline.
• Ensure loans approved are salable and conform to investor and insurer guidelines.
• Keep up with investor and insurer guidelines/programs.
• Collaborate with sales, processing, underwriting, closing, secondary, and compliance teams.
• Ensure KPI/KRI metrics are met and respond to QA/QC reviews.

Skills

Underwriting experience

FNMA/FHLMC guidelines

TRID/TILA/HMDA knowledge

Analytical skills

Communication skills

Mortgage software navigation

Tools

Encompass LOS

Job description

Job Description

Jet HomeLoans, LP is a National Mortgage Lender headquartered in Jacksonville, Florida. Jet HomeLoans focuses on providing its customers and business partners with the industry's best services.

Position Overview

An Underwriter is responsible for underwriting complex loan applications and managing an assigned loan pipeline. Additionally, a person in this position is responsible for:

• Ensures loans approved are salable and conform to applicable investor and insurer guidelines.
• Keeping up with the most recent investor and insurer guidelines/programs.
• Adhering to company policy and procedures
• Analyzing borrower income (all income types), assets and credit/liabilities documentation.
• Calculating simple and complex income types.
• Ensuring loans within the assigned pipeline close timely
• Ensure assigned company Key Risk Indicator (KRI) and Key Performance Indicator (KPI) metrics are met.
• Reviewing and solving complex loan issues
• Developing and cultivating great working relationships with sales, processing, underwriting, closing, secondary and compliance teams and leaders
• Researching and responding timely to internal Quality Assurance and Quality Control reviews
• Report material process and policy infractions/gaps to Underwriting Leadership.
• An Underwriter reports directly to an Underwriting Manager.

Required Experience

• Current VA SAR Designation
• 2+ years of new mortgage underwriting experience.
• Excellent working knowledge of FNMA, FHLMC guidelines
• Deep knowledge of federal and state laws (e.g., TRID, TILA, ECOA and HMDA)
• Sound technical skills with the aptitude to learn/navigate loan origination software and other technologies
• Able to write correspondence and to effectively present information to peers, borrowers and in some cases clients.
• Able to read and interpret various loan documents such as promissory notes, agency/investor and legal directives and other loan documents.
• Able to define problems, collect data, establish facts and provide information to resolve the situation.
• Able to work well under pressure, meet multiple and sometimes competing deadlines.
• Able to apply basic math; calculate figures and amounts such as discounts, interest, commissions and percentages.
• Basic computer skills required: word processing, email, and mortgage software.

Preferred Experience

• 2- 3 yrs of Ellie Mae Encompass Loan Origination System Experience
• Facilitate an excellent working relationship with internal and external customers by developing and maintaining respect, communicating effectively and providing excellent customer service.
• Maintain a high level of integrity, confidentiality, and trust.
• Effectively problem solve by using judgment based upon knowledge of existing management policies and departmental practices and procedures.
• Meet established productivity, loan quality and task management standards.
• Ensure confidentiality of client records.
• Demonstrate a commitment to the Company Culture.
• Respond to phone calls and emails within the same workday.

Workplace Requirements

• Able to navigate a standard office environment (remotely and/or in office)

#jethomeloans #mortgagejobs #newhomesales

Location(s)

Our benefits include: Health Insurance - Medical, Dental & Vision; Vacation & Holidays -- generous PTO & 11 holidays; 401(k) Savings Plan with company match, Employee Wellness and Employee Assistance Programs, Home Purchase Discount for Associates, Pet Insurance.

Dream Finders Homes is an equal opportunity employer, and considers all applicants without regard to race, color, sex, religion, disability, age, national origin, or any other legally protected status.