Underwriter Team Lead, Wholesale,

Carrington Holding Company, LLC; Anaheim (CA); Remote; USD 100,000 - 140,000; Full time

Job summary

Join a leading company in the mortgage industry as an Underwriter, where you will analyze loans to ensure compliance with guidelines. With a competitive salary range of $100,000 - $140,000, you will play a crucial role in maintaining quality and integrity in the underwriting process while benefiting from comprehensive healthcare plans and career advancement opportunities.

Benefits

Comprehensive healthcare plans

401(k) match

Employee referral bonuses

Educational Reimbursement

Fitness and retail discounts

Qualifications

• Five plus years of FHA mortgage underwriting work experience.
• Ability to communicate effectively both verbally and in writing.
• Maintains highly confidential information concerning loan applicants.

Responsibilities

• Performs thorough analysis to ensure loan quality and compliance.
• Provides workflow direction and training to junior staff.
• Communicates with clients and teams to resolve issues.

Skills

Organizational skills

Communication

Analytical skills

Attention to detail

Education

FHA Direct Endorsement designation

VA SAR designation

Tools

Paperless Loan Origination System

DU

LP

Job description

Come join our amazing team and work from home!

Underwrites loans in accordance with Company and Investor guidelines following company's policies and procedures under general supervision. Makes sound underwriting decisions and ensures that all decisions meet legal and policy requirements. Provides workflow direction and assistance to junior level staff as needed. Perform all duties in accordance with the company's policies and procedures, all US state and federal laws and regulations, wherein the company operates. The target pay range for this position is $100,000 - $140,000 per year.

What you'll do :

• Performs a thorough analysis to ensure the quality of each loan and to determine compliance with Company and Investor guidelines.
• Provides workflow direction, training and assistance to junior level staff as needed.
• Performs a thorough analysis of collateral to ensure property meets investor guidelines and the appraisal quality and completeness is acceptable.
• Applies and interprets company underwriting guidelines and makes sound credit decision.
• Completes credit, analysis of income, analysis of property, ensures proper audits are completed and verifies consistency of loan file information.
• Identifies risk factors within each loan and utilizes resources, tools and documentation to detect red flags and clear inconsistencies.
• Reviews and evaluates credit information on mortgage loan documents to determine acceptability for specific loan programs.
• Determines any conditions, stipulations or pre-funding requirements.
• Reviews and clears underwriting conditions, stipulations or pre-funding requirements received.
• Communicates with clients, sales teams and operations teams to resolve outstanding issues as they arise.
• Assists departmental support staff when necessary.
• Resolves and responds to post closing credit exceptions received from investors and auditors when required on loans underwritten.
• Maintains ongoing knowledge of investor guidelines, updates and trends as applicable to underwriting position.
• Completes second signature underwriting review on loan files underwritten by junior underwriters and within designated authority as needed.

What you'll need :

• A thorough knowledge of mortgage loan underwriting
• Maintains highly confidential information concerning loan applicants
• Requires high level of organizational skills and ability to work on several tasks simultaneously
• Constant contact with Loan Officers and internal office staff
• Significant coordination of various duties required
• Office machines such as computer, copiers, fax machines and the telephone
• Ability to communicate effectively both verbally and in writing
• Ability to handle detailed assignments
• Ability to organize and prioritize workload and meet deadlines
• Five plus years of FHA mortgage underwriting work experience
• Paperless Loan Origination System experience preferred.
• FHA Direct Endorsement designation and / or VA SAR designation highly preferred
• DU and LP experience required

Our Company :

Carrington Mortgage Services-Retail Lending is part of The Carrington Companies. We offer a wide variety of home purchase and refinance products for government and conventional loan programs, specializing in underserved programs for borrowers with less than perfect credit and low down payment. We hope you'll consider joining our growing team of uniquely talented professionals as we transform residential real estate. To read more visit : www.carringtonmortgage.com.

What We Offer :

• Comprehensive healthcare plans for you and your family. Plus, a discretionary 401(k) match of 50% of the first 4% of pay contributed.
• Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
• Customized training programs to help you advance your career.
• Employee referral bonuses so you'll get the opportunity to work with friends (and get some extra cash in your pocket!).
• Educational Reimbursement.
• Carrington Charitable Foundation contributes to the community through causes that reflect the interests of Carrington Associates. For more information about Carrington Charitable Foundation, and the organizations and programs, it supports through specific fundraising efforts, please visit : carringtoncf.org.

Carrington does not do interviews or make offers via text or chat.