Underwriter

Kings-Mortgage-Services; Nevada (IA); On-site; USD 85,000 - 95,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Life Insurance

Paid Time Off

401(k) Matching

Job summary

Kings Mortgage Services, Inc. is seeking a skilled Underwriter to join the Operations team in Henderson, NV.

The role focuses on reviewing mortgage loan applications submitted via brokers, assessing borrower creditworthiness, income, assets, and collateral, and ensuring compliance with guidelines and investor requirements. Experience with Encompass is required, along with strong analytical and communication skills to support timely decisions and collaboration with brokers and account teams.

Qualifications

• Active Underwriter designation (DE) required.
• Proven mortgage underwriting experience.
• Experience with Encompass required.
• Strong knowledge of HUD underwriting guidelines.
• Excellent analytical and communication skills.
• Ability to work independently in a fast-paced environment.

Responsibilities

• Review loan applications, credit reports, and documents to determine eligibility.
• Assess income, assets, debt, and risk factors for underwriting.
• Ensure compliance with federal/state regulations and policies.
• Collaborate with brokers and internal teams to resolve documentation issues.
• Prepare reports with findings and loan decisions.
• Conduct quantitative analysis of borrower profiles.
• Stay updated on industry changes and best practices.

Skills

Analytical skills

Communication

Independent work

Team collaboration

Education

Active Underwriter designation (DE)

Tools

Encompass

Job description

Underwriter

Department: Operations

Employment Type: Full Time

Location: Henderson, NV

Compensation: $85,000 - $95,000 / year

Description

The Wholesale Underwriter is responsible for reviewing and evaluating residential mortgage loan applications submitted through third-party brokers to ensure compliance with company guidelines, investor requirements, and applicable regulations. This role analyzes borrower creditworthiness, income, assets, collateral, and overall loan risk to make sound underwriting decisions while maintaining service level expectations.

Key Responsibilities

• Review and analyze loan applications, credit reports, and financial documents to determine borrower eligibility.
• Assess risk factors associated with mortgage loans, including income verification, debt-to-income ratios, and creditworthiness.
• Ensure compliance with federal and state regulations as well as company policies throughout the underwriting process.
• Collaborate with brokers, Account Managers, Account Executives, and other stakeholders to resolve any issues or discrepancies in documentation.
• Prepare detailed financial reports summarizing findings and recommendations for loan approvals or denials.
• Experience with Encompass is required
• Conduct quantitative analysis to evaluate borrower profiles and market conditions impacting loan decisions.
• Stay updated on industry trends, changes in regulations, and best practices in mortgage underwriting.

Preferred Skills, Knowledge and Expertise

• Active Underwriter designation certificate (DE) required
• Experience using Encompass required
• Proven experience in mortgage underwriting or a related field within financial services.
• Strong knowledge of HUD underwriting guidelines.
• Excellent analytical skills with attention to detail to ensure accuracy in assessments.
• Strong communication skills for effective collaboration with team members and clients.
• Ability to work independently while managing multiple tasks in a fast-paced environment.

Benefits

Kings Mortgage Services, Inc. offers a full suite of benefits including:

• Medical Insurance
• Dental insurance
• Vision insurance
• Life insurance
• Paid time off
• 401(k) with company match