This position is responsible for approval or denial of mortgage loans based on the review of information on loan documents. This is a remote position for applicants on the east coast.
*Applicants must have their DE designation.
ESSENTIAL FUNCTIONS: May include but not be limited to the following
Accurately underwrite an average of 3 - 4 new loan files per day, volume permitting, to determine whether buyer, property and loan conditions meet SPM and government standards
Evaluate complex loan scenarios, loan applications, inspection reports and financial reports to assess financial risk, including potential fraud
Request additional information and set loan conditions
Review and sign off on underwriting and closing conditions as they are met
Use a thorough understanding of products/requirements to provide consultation re: viable
Respond to broker questions regarding loan programs, clarification of loan conditions and
status of loans in process
Submit loans through the appropriate AU system and validate findings
Work with Shipping/Post Closing to clear suspense issues
Work with vendors to order appraisal and mortgage insurance-related items
Perform other duties and/or mortgage-related tasks as assigned
Work well under pressure and meet multiple or sometimes competing deadlines