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Role Description

As a Mortgage Underwriter II, you'll be accountable for reviewing and approving condominium projects for Agency, Non-QM, and FHA in the Delegated, Non-Delegated, and Retail channel in alignment with internal guidelines and investor requirements.

• Underwrite Agency Conventional loans by reviewing the credit, capacity, and collateral characteristics of loan files to ensure it meets company and investor quality standards.
• Review and clear underwriting conditions on Conventional and Government loans in compliance with current guidelines and overlays.
• Conduct detailed assessments of project documentation, identify potential risks, and ensure project eligibility to support accurate and salable loan decisions.
• Review and underwrite condominium project approvals for loans in accordance with company guidelines and investor standards.
• Manage individual pipeline on a daily basis by completing Underwriting Reviews, appraisal reviews, and conditions reviews within defined turn times as applicable.
• Identify any document deficiencies, add applicable conditions, and request additional information and/or documentation from customers as needed.
• Contact customers to provide updates and clarification on outstanding conditions and deficiencies identified on loans per established process.
• Assist others in the department in interpreting underwriting guidelines and updating underwriting status and conditions to customers.
• Perform independent research of guidelines and overlays while reviewing loans.

Qualifications

• 5+ years of related experience in Mortgage Industry, Residential Mortgage Loan underwriting or similar field.
• High school diploma required.
• Intermediate to advanced knowledge of residential mortgage industry in Correspondent or Retail Lending; including sales, operations, and/or other residential mortgage products and services.
• Intermediate to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Intermediate knowledge of FNMA, FHLMC, FHA, VA and USDA Guidelines.
• Entry level to intermediate knowledge of MS Office products.
• Entry level to intermediate knowledge of Encompass.
• Advanced speaking and writing communication skills.

Benefits

• Competitive salaries
• Ownership stake in the company
• Medical and dental insurance
• Time off
• Great 401k matching program
• Tuition assistance program
• Employee volunteer program
• Wellness program
• Opportunity to bolster business knowledge and gain invaluable hands-on experience