Mortgage Underwriter

SUMMARY : The Retail Mortgage Underwriter will underwrite residential mortgage loans in accordance with Secondary Market, Investor and Government (FHA / VA) and GSE underwriting guidelines. The successful candidate must be located in the NY Tri-State area,

DUTIES AND RESPONSIBILITIES :

The following reflects management's definition of essential functions for this job but does not restrict the tasks that may be assigned. Management may assign or reassign duties and responsibilities to this job at any time due to reasonable accommodation or other reasons.

• Underwrite loan applications to granted credit underwriting authority ensuring adherence to Company and investor credit quality standards.
• Analyze mortgage loan files, which includes customer's application, income documentation, appraisal and title reports, to ensure compliance with the company's policies, as well as state and federal regulations.
• Analyze loan attributes and documentation for soundness and accuracy.
• Analyze loan applications to identify any risk issues and / or potential misrepresentation.
• Evaluate overall income, credit and equity of each loan application.
• Provide support to Loan Officers and Relationship Managers regarding questions and / or clarification of inquiries, loan files, and underwriting guidelines.
• Ensure timely review and follow-up steps in order to meet and exceed customer's expectations.
• Keep up to date on investor and regulatory policies, procedures and changes that affect mortgage underwriting.
• Effectively Communicate with, team members and management on outstanding requirements and conditions
• Review all AUS findings and ensure data integrity of income, credit debts, assets and equity calculations and adherence to guidelines.
• Review AUS and ensure of required documentation is obtain as outlined in AUS and supports bullet point above.

QUALIFICATIONS :

To perform this job successfully an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and or ability required.

All offers are contingent on the successful completion of criminal background check.