Candidate performs tasks that support underwriters and senior underwriters. Those tasks include but are not limited to clearing conditions, validating the accuracy of AUS runs, simple income calculation and verification of funds to close and reserve documentation.
- Successfully complete an 'introduction to underwriting curriculum'
- Review loan conditions as set forth by original underwriter, including but not limited to basic wage income documentation, asset documentation, appraisal conditions and credit reports.
- Update the Automated Underwriting System (AUS) per new information received, assesses results and generates necessary loan conditions.
- Review loan file documentation as directed to confirm compliance with program guidelines.
- Re-work files based upon changes and updates to loan terms.
- Communicate effectively and professionally with origination staff and management on matters related to underwriting requirements.
- Review loans files for indications of
- Minimum 2 years recent mortgage loan processing or underwriting experience with a mid or large size conventional or government lender.
- Competency in using web based loan in process and underwriting systems.
- Familiarity with mortgage origination documents and applicable compliance rules
- Must be able to work in a fast paced environment with production standards and deadlines
- College coursework and team leadership experience a plus
- Clear and concise communication skills.
- HS Diploma or Equivalent
- College Coursework or Equivalent
ControlID: 14.234.89 SHR
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Last updated on Oct 13, 2016