Underwriter

Mortgage Solutions of Georgia, LLC; United States; On-site; USD 59,000 - 72,000; Full time

Job summary

Mortgage Solutions of Georgia, LLC seeks a goal-driven Mortgage Underwriter to assess VA, FHA, and conventional loans. You will identify and balance borrower, property, and transactional risks to reach a loan decision, leveraging your knowledge of credit reports, income and asset documentation, appraisals, and title reports. You will lead underwriting issues as a subject matter expert with partners and management to support decisions and counsel.

Qualifications

• Strong understanding of the loan process and investor requirements.
• Ability to prioritize workload and produce accurate work product.
• USDA experience and SAR/DE certifications are a plus.

Responsibilities

• Document reasons for loan approvals or rejections and communicate them to clients and loan officers.
• Confirm and clear conditions on loans, ensuring information is complete and compliant.
• Execute strategies to resolve issues and rework loans to new terms as needed.
• Review mortgage items and conditions to ensure necessary information is included for approval and meets guidelines.
• Identify risk or misrepresentation during the loan review process.

Skills

Underwriting

Risk assessment

Credit analysis

Secondary market

Education

NMLS license

DE license

SAR certification

Tools

Encompass software

AUS LP/DU/GUS

Job description

Our top-notch lending team is looking for a goal-driven Mortgage Underwriter to assist with making quality decisions on VA, FHA, and conventional loans for clients.

Your main responsibilities will include identifying, examining, and balancing transactional, borrower, and property-related risks and offsets to arrive at a loan decision of approval, suspense, counteroffer, or denial. You will also use your analytical skills and extensive knowledge of the loan process to thoroughly inspect credit reports, income documentation, asset documentation, liabilities, property appraisals, and title reports to make sure that loans meet company standards, government regulations, and standards for sale to the secondary market.

In addition, you will be considered the subject matter expert of the company and, with partners and management, on all underwriting-related issues and provide any and all analytical support and counseling advice in their functional areas as needed.

To succeed in this position, you must have a strong understanding of the loan process, with knowledge of the various types of mortgage documents and investor requirements. You should also be able to effectively prioritize your time on projects and produce an accurate, high-quality work product.

If you’re a self-driven Underwriter with USDA experience, DE and SAR certified, motivated professional looking to achieve a high level of success in the mortgage industry, then this is the opportunity for you.

Compensation: $65,000 + yearly based on experience level

Qualifications

• Applicants with an NMLS license preferred but will accept candidates willing to be licensed within 90 days of hire
• Experience with AUS (LP/DU/GUS), Encompass software, and Mortgage Electronic Registration Systems (MERS)
• Preference for candidates with SAR and DE licenses and exceptional knowledge of conventional and/or government loan selling and underwriting guidelines (VA, FHA, Fannie Mae, Freddie Mac, etc.)
• Must be able to make quality underwriting decisions with maintaining company turn-time expectations and provide quick and accurate answers on multiple loan project guidelines
• At least 5 years of mortgage experience and 2 years of underwriting experience

Responsibilities

• Document reasons for approval or rejection of loans and communicate those reasons with clients and loan officers so they are well-informed of those decisions
• Confirm and clear conditions on loans by making sure that all the necessary information is gathered, and it is correct, classified correctly, organized, compliant, and congruent with company policies
• Execute specific strategies (e.g., identify who the appropriate individuals are to assist in resolving customer issues, etc.) and to answer questions and concerts and rework loans to new terms, and determine any additional concerns, as necessary
• Review all mortgage items and conditions provided by borrowers to ensure all necessary information is included for approval and meet required guidelines utilizing internal and external (e.g. agency) policies and procedures (e.g. automated underwriting systems like Desktop Underwriter(DU))
• Determine if there are any risk and/or possible misrepresentation during the loan application review process