DE Underwriter
The Judge Group Inc.

Job Info

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Location: Bartlett, TN
Description:
DE Underwriter - will underwrite and approve government insured loans.

RESPONSIBILITIES:

• Provide conditions for the loan file and support for some complex scenarios.

• Address any High Risk flags on the LoanSafe Fraud Manager report. Review the report for more complex issues

• Monitor credit for undisclosed debt.

• Verify that documented assets meet or exceed required funds to close plus meet reserve requirements. Analyze assets for inclusion/exclusion when necessary

• Verify required assets for other financed properties per product guidelines.

• Verify that the credit docs are not expired.

• Calculate rate spread to certify that the loan is a qualified mortgage.

• Monitor LTV and DTI calculations when additional information is received to ensure loan is still within guidelines. Troubleshoots and can offer thorough knowledge of the information.

• Thorough knowledge of federal and state regulations governing mortgage lending.

• Thorough knowledge of overlays that are required by the investors.

• Thorough knowledge of product guidelines.

• Maintain effective communication with the credit union staff to ensure that the mortgage procedures are efficient. Suggest updates to procedures and communicate issues to processor.

• Perform other duties as assigned.

SKILLS AND/OR QUALIFICATIONS:

• Two year minimum mortgage underwriting experience or 5 years processing experience with a working knowledge of FNMA, FHLMC, FHA, USDA and VA loan products.

• High school diploma or equivalent. Associate's degree preferred.

• Thorough oral and written communication skills.

• Working knowledge of first-mortgage real estate lending practices, including federal regulatory requirements, state regulations and agency requirements.

• Thorough analytical skills, with a high degree of accuracy. Ability to perform income analysis and analyze complex tax returns, including corporate, partnership and S-corporations.

• Thorough in using office equipment, including computers, calculators, fax machines, copy machines, typewriters, etc.

• Thorough ability to perform both in a team environment and independently as needed.

• Thorough ability to perform in a multi-task environment, with the ability to prioritize tasks.

• National Mortgage Licensing System Requirements.

• Positive Attitude

SEND YOUR RESUME TO :sjaffer@judge.com

Contact: sjaffer@judge.com

This job and many more are available through The Judge Group. Find us on the web at www.judge.com

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