UNDERWRITER

UNDERWRITER Fully Remote • 1061 TIERRA DEL REY - CHULA VISTA, CA 91910 Quick Apply Overview Salary Range $0.01 - $0.02 Hourly Quick Apply Description Job Purpose: Review mortgage loan files to asses risk and compliance with agency and investor underwriting guidelines. Duties & Responsibilities: • Collect and analyze loan documentation to calculate risk and credit worthiness for residential mortgages. • Review, update and run automated underwriting systems to determine risk, salability and reduced documentation for borrowers and review of data accuracy as input in Encompass LP and DU • Review appraisal to verify that it meets investor /insurer requirements and contact appraiser to obtain clarification of the appraisal when necessary. • Submit qualifying loan submission to investor /insurer for final approval • Act on loans awaiting closing by reviewing and clearing conditions of commitment, pull and analyze credit. • Deny loan applications that do not meet applicable investor/insurer underwriting criteria by issuing adverse action letter in accordance with ECOA • Reconsider any previously denied application at request of borrower, realtor, loan originator or management • Provide clear, concise and appropriate conditioning of loans when rendering decisions. • Mentor processing staff on underwriting deficiencies and calculation errors. • Keep management informed of specific ongoing issues that require immediate attention. • Provide client support for general questions or problem resolution via phone and e mail interaction. • Coordinate with Post-Closing department on any stipulations for closed files. Qualifications Position Requirements: • At least 3+ years mortgage underwriting experience • Knowledge of Fannie Mae, Freddie Mac, FHA/VA underwriting process and standard guidelines • Proficient with mortgage operating systems, preferably Encompass • Experience with Paperless and E-Documents • Ability to multi task and shift priorities • Excellent communication skills both verbal and written