Underwriter

HomeXpress Mortgage Corp; United States; On-site; USD 70,000 - 80,000; Full time

Benefits offered by this job

401(k) matching

Health insurance

Paid time off

Vision insurance

Job summary

HomeXpress Mortgage Corp is seeking an experienced Underwriter to review and analyze mortgage applications. You will be responsible for ensuring compliance with guidelines and prepping loan files for review while managing multiple tasks in a fast-paced environment.

The ideal candidate should possess at least two years of experience in Non-QM underwriting and have strong analytical skills. This full-time role offers a salary range between $70,000 and $80,000 annually, along with benefits such as health insurance and 401(k) matching.

Qualifications

• 2 years of experience in Non-QM underwriting.
• 2 years of experience in general underwriting.
• Knowledge of conventional loan products and investor requirements.

Responsibilities

• Clear conditions for loan approval.
• Prep loan files for Underwriter review.
• Calculate income and confirm conditions.
• Verify completeness of credit file and analyze loan applications.

Skills

Interpersonal skills

Customer service

Organizational skills

High math aptitude

Conforming and Non-QM Underwriting Guidelines

Regulatory compliance knowledge

Tools

Personal computers

Applicable software

Job description

Job Description

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Clear conditions, including but not limited to credit and title conditions
• Prep loan files for review by an Underwriter to determine eligibility within HomeXpress’ guidelines
• Assisting Underwriters as needed to move pipeline in a forward trajectory
• Verify completeness of credit file
• Calculate income
• Confirm qualified Change of Circumstances and reprice loans as needed
• Run reports and interact with various third‑party vendors

Job Functions:

• Capable of underwriting a minimum of 3–4 new loans per day.
• Review conditions in a timely manner to remain in compliance with posted turn times.
• Analyze all areas of the mortgage loan application; including credit, income, assets, collateral, and compliance documents to ensure loan meets company, investor and regulatory guidelines.
• Review Income documentation and calculate income per investor and company guidelines.
• Review Assets to determine reserves and cash to close per investor and company guidelines.

Required Knowledge:

• Conforming and Non‑QM Underwriting Guidelines
• Excellent interpersonal, customer service and organizational skills
• High level math aptitude
• Ability to move between tasks quickly is preferred; being able to respond to pressure situations easily and work productively in a fast paced, sometimes stressful environment.
• Knowledge of Conventional loan products, underwriting procedures, creditor financial analysis techniques, investor requirements and escrow/title practices, as well as regulatory compliance laws as they apply to mortgage transactions.
• Superior knowledge of personal computers and applicable software.

Job Type: Full‑time

Pay: $70,000.00 - $80,000.00 per year

• 401(k) matching
• Health insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday

Experience:

• Non‑QM: 2 years (Required)
• Underwriting: 2 years (Required)

Additional Information

All your information will be kept confidential according to EEO guidelines.