Underwriter

Dream Finders Homes; Orlando (FL); Hybrid; USD 65,000 - 90,000; Full time

Benefits offered by this job

Health Insurance

Vacation & Holidays (PTO)

401(k) with company match

Employee Wellness & EAP

Home Purchase Discount for Associates

Pet Insurance

Job summary

Jet HomeLoans, LP in Jacksonville, FL seeks an Underwriter to evaluate complex loan applications and manage a dedicated pipeline. You will underwrite Government and Conventional loans, ensure salability, and stay current with investor guidelines.

Strong communication and precise analysis are essential for timely closings. Required 2+ years of underwriting experience, VA SAR designation, and proficiency with FNMA/FHLMC guidelines and Encompass.

Qualifications

• 2+ years of mortgage underwriting experience.
• Knowledge of FNMA/FHLMC guidelines.
• Familiar with TRID, TILA, ECOA and HMDA.
• Ability to read loan documents and compute income.
• Excellent written and verbal communication skills.

Responsibilities

• Underwrite complex loan applications.
• Ensure loans are salable and within guidelines.
• Maintain loan pipeline and close loans timely.
• Collaborate with sales, processing, underwriting, closing and compliance teams.
• Stay updated with investor and insurer guidelines and programs.

Skills

Underwriting experience

Financial analysis

Communication

Attention to detail

Mortgage software

Education

VA SAR Designation

Tools

Ellie Mae Encompass LOS

Excel

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:

• Underwriting Government, Conventional (Fannie Mae/Freddie Mac) Loans.
• 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
• Microsoft Excel proficiency

Expectations

• 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

Benefits

• 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.