Mortgage Underwriter

About the Role:

- We are seeking a skilled Mortgage Underwriter with expertise in the 4 C's of underwriting (Credit, Capacity, Collateral, and Capital) to join our team.

- The ideal candidate will have experience in risk assessment, income calculations, and property evaluation, ensuring compliance with underwriting guidelines and regulatory standards.

Key Responsibilities:

Underwriting Activities: Review, analyze, and approve/deny mortgage applications based on risk assessment and investor guidelines.

4 C's of Underwriting: Evaluate borrower's Credit, Capacity, Collateral, and Capital to determine loan eligibility.

Income Calculation: Assess borrower income using tax returns, W-2s, pay stubs, and financial statements.

Risk Assessment: Analyze creditworthiness, property valuation, and overall lending risks to ensure sound decision-making.

Compliance & Quality Control: Ensure adherence to federal, state, and investor regulations, maintaining high-quality underwriting standards.

Collaboration: Work closely with loan officers, processors, and other stakeholders to streamline the underwriting process.

Requirements:.

Experience: Minimum 2 years in mortgage underwriting, preferably in US residential loans.

Certifications (Preferred): DE (Direct Endorsement) for FHA loans, SAR/LAPP for VA loans.

Attention to Detail: Strong analytical skills to assess financial documents and property risks accurately.

Communication: Ability to articulate underwriting decisions effectively to internal teams and external stakeholders.