Underwriter - Loan Originations

Triad Financial Services, Inc.; Knoxville (TN); On-site; USD 60,000 - 85,000; Full time

Job summary

Triad Financial Services, Inc. is seeking a Mortgage Underwriter to evaluate and underwrite mortgage loan applications, ensuring compliance with company policies, regulatory guidelines, and investor requirements.

You will assess borrowers' financial profiles, property information, and loan documentation to support informed lending decisions. You will collaborate with Loan Officers and Processors to resolve conditions, maintain accurate files, deliver timely status updates, and provide

Qualifications

• Minimum two years in the mortgage industry.
• Familiarity with Encompass software is advantageous.
• Knowledge of the Manufactured Home Industry is a desirable asset.
• Demonstrated ability to multitask effectively.
• Exhibit a strong work ethic.
• Proficient in Microsoft Office suite.
• Possess strong problem-solving abilities.
• Attention to detail and accuracy in tasks.
• Excellent verbal and written communication skills.

Responsibilities

• Review and analyze mortgage loan applications, credit reports, income docs, and appraisals to assess eligibility and risk.
• Evaluate borrowers' financial profiles to determine loan approval or denial.
• Ensure compliance with policies, TILA/RESPA, and investor guidelines throughout underwriting.
• Communicate lending decisions to Loan Officers, borrowers, and stakeholders with explanations for conditions.
• Collaborate with Loan Processors and Officers to resolve issues and facilitate closings.
• Maintain accuracy and completeness of underwriting documentation and files.
• Provide exceptional customer service with status updates and guidance through underwriting.
• Stay informed about industry trends and regulatory changes to improve knowledge and skills.
• Cultivate and nurture client relationships while delivering excellent service.

Skills

Mortgage underwriting

Attention to detail

Multitasking

Verbal communication

Written communication

Strong work ethic

Tools

Encompass

Microsoft Office

Job description

Job Overview: As a Mortgage Underwriter, you will play a critical role in our mortgage lending team, responsible for evaluating and underwriting mortgage loan applications to ensure adherence to company policies, regulatory guidelines, and investor requirements. With a focus on accuracy, quality, and customer service, you will assess borrowers' financial profiles, property information, and loan documentation to make informed lending decisions. Your expertise in underwriting will contribute to the success of our loan origination process and the satisfaction of our borrowers.

Key Responsibilities

• Review and analyze mortgage loan applications, credit reports, income documentation, and property appraisals to assess borrower eligibility and loan risk.
• Evaluate borrowers' financial profiles, including debt-to-income ratio, credit history, and employment stability, to determine loan approval or denial.
• Ensure compliance with company policies, regulatory requirements (such as TILA, RESPA, and Fair Lending), and investor guidelines throughout the underwriting process.
• Communicate lending decisions to Loan Officers, borrowers, and other stakeholders in a clear and timely manner, providing explanations for any conditions or stipulations.
• Collaborate with Loan Processors, Loan Officers, and other team members to resolve issues, address conditions, and facilitate loan closings.
• Maintain a high level of accuracy and attention to detail in underwriting documentation and loan files, ensuring completeness and consistency.
• Provide exceptional customer service by responding to borrower inquiries, providing status updates, and guiding them through the underwriting process with professionalism and empathy.
• Stay informed about industry trends, regulatory changes, and best practices in mortgage underwriting to continuously improve knowledge and skills.
• Cultivate and nurture client relationships while delivering exceptional customer service.

Minimum Qualifications

• Prefer a minimum of two years of experience in the mortgage industry
• Familiarity with Encompass software is advantageous.
• Knowledge of the Manufactured Home Industry is a desirable asset.
• Demonstrated ability to multitask effectively.
• Exhibit a strong work ethic.
• Proficient in Microsoft Office suite.
• Possess strong problem-solving abilities.
• Attention to detail and accuracy in tasks.
• Excellent verbal and written communication skills.
• Capability to work both independently and collaboratively in a team environment.