• Review and analyze the mortgage loan application to ensure eligibility, accuracy, completeness, and compliance with internal and regulatory guidelines to minimize risk factors.
• Review all required loan data, reports, and inspections to ensure the collateral is acceptable to investor and the company.
• Responsible for making independent decisions regarding acceptance and risk of loans according to HUD, company, and investor guidelines.
• Provides final approval underwriting of mortgage loans.
• Completes all required paperwork and forms in a timely and accurate manner; prepares required forms.
• Sign off conditions in a timely manner set by management.
• Work with staff and management to find solutions on escalated loans.
• May be requested to make recommendations for improving Internal Audit’s policies and practices.
• Manage loans by using all functions of Encompass.
• Effectively communicate underwriting decisions with processors and advisors
• Maintain a high level of customer service and communication with other departments.
• Other duties as assigned.
Qualification & Experience
• Degree or Equivalent
• Minimum 3 years of experience in conventional/govt end to end underwriting.
• Well-versed with all 4C’s of Underwriting (Asset, Income, Credit and Collateral
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