DE Underwriter - Remote from home opportunity
Job Description: Responsible for analyzing submitted loan applications to determine eligibility for sale into the secondary market based on the established loan criteria. Main Job Tasks and Responsibilities: Evaluates loan applications for risks and various criteria such as investor requirements, accuracy, consistency and completeness. Approves, suspends or denies loans with proper supporting documentation. Must be capable of meeting and maintaining service level commitments. Maintains accurate information in an underwriting log regarding loan application status on computer system and updates daily. Ability to operate in a fast-paced environment. Communicates with investors, loan processors and loan originators regarding underwriting process in an efficient and professional manner. Applies knowledge of underwriting and pre-underwriting to best serve loan applicant and investor needs. Analyzes fees for accuracy as well as researches and corrects discrepancies as needed. Provides support and assistance to clerical and documentation staff as needed, often on a time sensitive basis. Must be capable of performing complex analysis of borrower's income, assets and credit history including self-employed borrowers. Ability to exercise flexibility when evaluating file documentation requirements to meet investor and agency standards. Minimum productivity requirement of 2 new units per day. (includes reviewing and clearing of conditions from previously underwritten files) Performs other related duties as assigned.