A Better Opportunity
Better is looking for a mortgage Underwriter to join our growing team! Using established underwriting guidelines, you will evaluate borrower financial and credit information in tandem with property valuations to inform lending decisions. As an Underwriter, it will be your responsibility to make intelligently aggressive risk decisions that are rooted in knowledge and experience. Our underwriters work closely with all members of the production team throughout the process to bring loans to closingYou will have the opportunity to wear many hats, ranging from a visionary redesigning the needlessly complex mortgage process; a data analyst uncovering how to make the most impact; to a problem solver working with highly skilled engineers and industry experts to resolve technical and operational challenges.
Responsibilities
- Underwrite and decision agency conforming and home equity residential mortgage loans
- Verify and analyze all necessary financial information and documentation; ensure that loan files contain all necessary credit and legal documents
- Review appraisal reports to identify and resolve any discrepancies discovered within
- Perform thorough analysis of applicant's income and expense data, asset documentation, credit reports, and property valuations in order to affirm borrower qualifies for loan
- Calculate qualifying ratios, determine creditworthiness; provide risk opinions
- Possible weekend shifts on an as needed basis
Qualifications
- 3+ years of experience underwriting FNMA and FHLMC mortgages
- Expert knowledge of Desktop Underwriter (DU) & Loan Prospector/Loan Product Advisor (LP/LPA)
- Categorical understanding of the mortgage lending process
- Ability to carry out requisite loan calculations (DTI, LTV, etc.)
- Capable of preparing findings reports
- Proven ability to thrive in a remote setting
- Ability to handle multiple files simultaneously
- Strong written and verbal communication
- Perform well in team environments
- The drive to build something new
- VA, FHA, Non-Conforming & Heloc experience a plus
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