Underwriter III

About the role

The Underwriter will underwrite loans in accordance with Company and Investor guidelines following company’s policies and procedures under general supervision. Responsible for analyzing and evaluating consumer home loan applications as well as the supporting documentation to assess borrower’s creditworthiness. Makes sound underwriting decisions that meet legal and policy requirements. Perform all duties in accordance with the company’s policies and procedures, all US state and federal laws and regulations, wherein the company operates.

Essential Job Duties/Responsibilities:

• Complete analysis of credit, income, property and verify consistency of loan file information.
• Identify risk factors within each loan and utilizes resources, tools, and documentation to detect red flags and clear inconsistencies.
• Review and clear underwriting conditions, stipulations or pre-funding requirements received.
• Communicate with Broker Clients, Sales and Operations teams to resolve issues as they arise.
• Resolve and respond to any post-closing and/or audit deficiencies with Quality Assurance and Management received from investors and auditors when required on loans underwritten.
• Maintains ongoing knowledge of investor guidelines and updates as applicable to position.
• Responsible for pipeline management to adhere to turn times and compliance requirements.
• Work closely with processing staff to clear loan conditions throughout the loan process.
• Assist in training Junior Underwriter staff.
• Other duties as assigned.