Underwriter

Universal Lending; Orlando (FL); Remote; USD 80,000 - 90,000; Full time

Job summary

A prominent mortgage lender is seeking an Underwriter to evaluate residential mortgage loans remotely. The ideal candidate will have a high school diploma, experience in underwriting, and proficiency in tools like Encompass and Excel. This position offers a competitive salary ranging from $80,000 to $90,000 per year with potential bonuses.

Benefits

Comprehensive benefits package including Medical, Dental, and Vision

Opportunity for monthly or quarterly bonuses

Inclusive and collaborative culture

Qualifications

• Direct Endorsement (DE) and/or LAPP/SAR certifications are a plus.
• Experience in underwriting conventional and government loans.
• Ability to work independently and manage time effectively.

Responsibilities

• Review loan submissions and generate initial credit decisions.
• Evaluate mortgage applications for eligibility and compliance.
• Perform credit and property analysis on loan files.

Skills

Encompass knowledge

Excel proficiency

Credit and property analysis

Analytical abilities

Communication skills

Education

High school diploma or GED

4-year college degree

Tools

Encompass

Microsoft Excel

Microsoft Word

Microsoft Outlook

PowerPoint

Job description

Position Job Title: Underwriter

FLSA Status: Non-Exempt

Job Location: Remote

Position Summary. The primary function of the Underwriter is for underwriting residential mortgage loans for the New Home Co. Examine loan documentation for accuracy and completeness to ensure loans meet eligibility requirements and to mitigate risk or loss to the company.

Essential Duties And Responsibilities.

• Review all loan submissions submitted by origination staff and generate initial credit decision in accordance with FNMA, FHLMC, FHA, VA, USDA, Bond and other investor guidelines as well as internal overlays
• Evaluate mortgage loan applications to determine eligibility, acceptability, and compliance with applicable state, federal and investor guidelines.
• Perform credit and property analysis on conventional and government loan files
• Analyze complex tax returns and accurately calculate income
• Input data and notes into the Encompass loan system
• Maintain quality and production standards as set forth by management.
• Effectively communicate, orally, in writing, and via email, the decisions reached as to maintain positive working relationships with coworkers and customers

Personal Professional Standards.

• Project an image of professionalism through demeanor and appearance while acting with integrity and honesty
• Strive for teamwork and cooperation and actively participate in goals for self-improvement.

Managerial Responsibility: This position does not supervise other employees.

Position Qualifications

• High school diploma; or general education degree (GED) required
• 4-year college degree preferred
• Direct Endorsement (DE) and/or LAPP/SAR certifications
• Must have working knowledge of Encompass or other LOS systems
• Proficient in Excel, Word, Outlook, PowerPoint
• Conventional and Government underwriting experience
• Superior knowledge of and experience with property and credit underwriting requirements of FNMA, FHLMC, FHA and VA, as well as other loan programs and private mortgage insurance companies
• Capability of working in a fast-paced environment, under pressure and meet time-sensitive deadlines, all while maintaining a high level of professionalism
• Superior analytical, organizational and problem-solving abilities
• Ability to work independently, analyze data, take and recommend appropriate actions with minimal supervision
• Ability to exhibit professional written and verbal communication
• Excellent organizational and time management skills
• Demonstrated ability to interact effectively with others both internal and external
• Demonstrated judgment and decision-making ability
• Strong attention to detail, organization skills and follow-through capabilities

Base Salary: The compensation range for this position is between $80,000 and $90,000 per year, depending on experience and skillset. Base Salary is paid bi-weekly, every other Friday with an opportunity for monthly or quarterly bonuses.

The physical demands described below are representative of those that must be met by an employee to successfully perform the essential functions of this job. Similarly, the work environment characteristics described are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Requirements

Requires the ability to bend, lift 1-15 pounds, reach, see, stand, sit, walk, hear, type and talk. The primary work location is an office setting with low to moderate noise level.

Why Work for Universal Lending Corporation Universal Lending Corporation was founded nearly 40 years ago on the principle that our customers deserve individual and specialized attention throughout the mortgage process. We offer an inclusive, diverse, and collaborative culture where people from all backgrounds can thrive. At Universal Lending Corporation you can work with other passionate, purposeful, and customer-centric people all sharing the same goal of helping people achieve their dreams. Universal Lending Corporation offers an aggressive compensation package based on experience and skill, including a comprehensive benefits package inclusive of Medical, Dental, and Vision.