Mortgage underwriter

Mortgage underwriter - Minnesota *** Local Candidates Only ***

Title: Mortgage underwriter

Duration: Contract

Interview: In-Person

Must have Skills:

• 5 years of Mortgage underwriting experience quality control and/or due diligence experience excellent written and oral communication skills
• Mortgage underwriting experience with the ability to ability to demonstrate self-sufficiency with accessing processing and interpreting information.
• The ideal candidate will also have servicing knowledge including line management review and subordination requests as well as experience with property and credit underwriting requirements of FNMA FHLMC Non-Agency Jumbo FHA VA HELOC/HELOAN and other loan programs.
• Ability to work independently analyze data take and recommend appropriate actions with minimal supervision.

Responsibilities:

Perform analysis on conventional conforming and Non-Agency Jumbo as well as HELOC/HELOAN loan data.
Perform pre and post purchase due diligence reviews including preparing correspondence deficiency clearing and additional tasks as necessary
Analyze complex tax returns and accurately calculate income.
Identify key loan factors impacting borrower eligibility property eligibility and credit qualification for complex or atypical financial profiles collateral and loan structures.
Identify and summarize exception loans for escalation to leadership for business decision.
Input data and notes into appropriate loan system.
Maintain quality and production standards as set forth by management.
Effectively communicate orally in writing and via email the decisions reached as to maintain positive working relationships with internal and external stakeholders.
Ability to explain specific reasons for negative purchase decisions and recommend possible solutions.
Collaborate with internal partners such as Risk Product Compliance and Legal as necessary
Provide support for Internal and External audit requests as well as internal control testing
Work with leadership on credit policy updates including regular review of agency competitor and regulatory requirements for adoption