Renovation Mortgage Underwriters
Renovation Mortgage Underwriters
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Northpoint Mortgage selected as one of the Boston Globes 2024 Top Places to Work is a growing New England-based mortgage lender seeking to add experienced Underwriters to our team. Renovation Underwriting experience is greatly preferred. We offer a great working atmosphere competitive pay benefits and the ability to work remotely or from one of our offices.
ESSENTIAL TASKS AND RESPONSIBILITIES:
- Perform mortgage credit analysis with or without the assistance of an automated underwriting system to determine Borrowers willingness and ability to repay the mortgage debt.
- Review and validate income asset credit title value and fraud reports.
- Ensure all required property information is in system.
- Review title information and purchase contract if applicable.
- Run and review quality control tools i.e. FraudReports and Early Check.
- Order and review Mortgage Insurance based on loan program. Ensure that system of record matches MI certificate.
- Approve or approve with conditions loan submissions after careful consideration and explore possible alternatives before resorting to a suspense or denial.
- Assist in resolving post-closing suspense issues.
- Must be able to evaluate and analyze complex income tax returns to establish qualifying income.
- Other duties as assigned.
QUALIFICATIONS:
- Minimum of 5 years of recent Underwriting experience in the mortgage industry is a must
- FHA DE-VA LAPP/SAR Preferred
- State Housing experience a plus
- Renovation Underwriting Experience strongly preferred
- Experience with (AUS) automated underwriting systems- DU LPA and GUS
- Working knowledge of loan program products services and policies is essential
- A thorough grasp of state and federal regulations is required as well as a solid understanding of: HMDA Regulation Z Regulation B; the FHLMC FNMA USDA VA and FHA rules and processes
- Experience with Encompass LOS a plus
- Genuine commitment to customer service
- Solid organizational and problem-solving skills
- Proven aptitude to work in both a team and individual environment
Compensation Commensurate with Experience
Required Experience:
Senior IC
Employment Type
Full-Time
