Mortgage Underwriter To 80K Brookfield, WI Job 3742
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Job Location:
Brookfield, IL - USA
Monthly Salary:
Not Disclosed
Posted on:
15 hours ago
Vacancies:
1 Vacancy
Job Summary
Description
Mortgage Underwriter To $80K Brookfield WI Job # 3742
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Schaumburg IL & Rockport TX. Our nationally unique value proposition centers around providing the very best available banking and accounting fact most of our recruiters are former bankers or accountants themselves!
We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position The Symicor Group stands ready to deliver premium results for you.
The Position
Our bank client is seeking to fill a Mortgage Underwriter role in the greater Brookfield WI market. The successful candidate will be responsible for supporting the Banks strategic objectives as they relate to real estate mortgage products and services. This includes customer experience efficient processes process improvements vendor management trend reporting and team development.
This position offers a generous base salary of up to $80K and an excellent benefits package. (This is not a remote position)
Mortgage Underwriter responsibilities include:
Review mortgage loans to ensure accuracy and completeness validate findings to verify that all information matches. Instruct Mortgage Loan Officers and Processors on any errors for training purposes. Authority to approve or deny loan files as presented on guidelines assuring investor quality loans.
Review title to verify the customer has ownership on a refinance transaction and that the seller has ownership for purchase transaction. Check that chain of title meets investor requirements. Verify there are no unpaid liens or judgments and that all mortgage liens are being paid off through the transaction.
Verify that the rate lock matches the underwriting file with the correct program LTV and credit score.
Perform mortgage credit analysis to determine the borrowers willingness and ability to repay the mortgage debt.
Evaluate risk to ensure a prudent decision is made.
Perform a detailed review of appraisals for one-to-four family residential properties to determine the acceptability of security for portfolio loans and loans sold to investors.
Review all origination files to ensure the customer has been offered the best mortgage program. Adhere to guidelines to ensure all loans are closed properly according to internal and external investors in a timely manner.
Assist officers & staff in keeping current on changes with current investors compliance & programs as well as any new programs or investors. Underwrite & compile loans that are underwritten by other investors such as IHDA or DPP loans.
Communicate with investors as needed FHLMC IHDA PMI FHLBC.
Assure the integrity of information submitted to the loan prospector.
Perform all final reviews of files prior to closing assuring the integrity final loan prospect submission.
Available to officers & staff for underwriting questions.
UW for Affordable Second Mortgage (D.P.P. & D.P.A.).
Complete audits as requested from Investors (FHLMC & PMI companies).
Who Are You
Youre someone who wants to influence your own development. Youre looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are but merely the starting point for your future.
You also bring the following skills and experience:
Thorough understanding and knowledge of mortgage lending guidelines federal regulations and industry best practices. A bachelors degree in finance business or economics or related field is preferred.
DE preferred
- FHA VA underwriting preferred
- Minimum of three years experience of FNMA and FHLMC and underwriting guidelines as well as conventional investors state and local bond programs and private mortgage insurers
Minimum of five years mortgage underwriting experience preferred.
The next step is yours. Email us your current resume along with the position you are considering to:
Key Skills
- Loan Processing
- Time Management
- Microsoft Office
- Credit Analysis
- Fraud
- Math
- Risk Analysis
- Banking
- Analysis Skills
- Fair Housing Regulations
- Underwriting
- Data Analysis Skills
About Company
The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & San Antonio, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accounta ... View more
