Government Underwriter

This position is responsible for approval or denial of mortgage loans based on review of information on loan documents. Determines whether buyer, property and loan conditions meet SPM and government standards and requests additional information as needed.

ESSENTIAL FUNCTIONS: May include but not be limited to the following

1. Underwrite an average of 7 loans (conventional conforming, non-conforming and government loans) per day - volume permitting
2. Evaluate complex loan scenarios, loan applications, inspection reports and financial reports to assess financial risk, including potential fraud    
3. Clear conditions on loans
4. Possess thorough understanding of products/requirements and consultation re: viable loan alternatives
5. Respond to broker questions regarding loan programs, clarification of loan conditions and status of loans in process
6. Submit loans through the appropriate AU system and validate findings
7. Other duties and/or mortgage related tasks a assigned by management
8. The employee shall work well under pressure, meet multiple and sometimes competing deadlines and shall at all times demonstrate cooperative behavior with colleagues and supervisor. 

EDUCATION AND/OR EXPERIENCE:

Associates degree plus 3 years mortgage lending experience with 1 year of underwriting exposure, or equivalent combination. Knowledge of standard underwriting practices and procedures. FHA DE designation is a must. Strong analytical and communication skills are required. Basic computer skills required: email, excel, word processing and database systems.