Conventional Underwriter

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Requirements:

• Candidate should possess recent underwriting experience with a variety of Conventional loan products for at least 2 years.
• In-depth understanding of all FNMA/FHLMC and investor guidelines is required.
• Exceptional attention to detail, strong organizational skills, and excellent communication abilities are crucial.

Responsibilities:

• Conduct a meticulous and precise examination of all loan documents.
• Enter data into DU/LP systems and execute the final AUS assessment.
• Uphold the quality and production benchmarks established by management.
• Review underwriter files and resolve conditions on loans with exceptional attention to detail and an urgent approach for the benefit of our customers.
• Accurately input loan data and decisions into the current operating system.
• Scrutinize transaction matrices and both internal and investor overlays to guarantee adherence to investor guidelines.
• Implement and uphold fraud detection methods.
• Solicit additional information/documentation as needed and identify risk factors that may undermine the overall quality of the loan file.
• Assist in resolving any pre-funding or post-purchase loan discrepancies by collaborating with the post-closing department to address any unresolved conditions or issues.
• Communicate loan decisions clearly, either verbally or via email, in a professional and constructive manner to foster strong working relationships with coworkers and customers.
• Maintain regular communication with brokers and sales personnel to ensure prompt responses to inquiries while exemplifying exceptional customer service skills.