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Job Order:
123

Job Type:
Temporary

Title:
Mortgage Underwriter - Temporary Position

Location:
Rolling Meadows

Description:
Start date: ASAP
Hours: 8:15-5:00pm
Pay rate: Open


Duties:
Responsible for managing the client’s loan-level quality assurance by reviewing loan files, analyzing and reporting on significant loan quality trends, and initiating necessary action(s) to mitigate losses. Underwrites loans up to $650,000

Review financial statements, credit reports, debt ratios and loan to value. Evaluate mortgage loans, including high risk transactions involving jumbo loans, self-employed borrowers and high risk profile applicants. Ensure that all transactions are properly documented to bank program standards or ensure exception situations are properly documented and authorized. Maintain current knowledge of all bank loan programs and underwriting guidelines for transactions processed by the real estate team. Contact customers to gather information to make appropriate decisions.

Skills:
Strong understanding of traditional mortgage origination and underwriting practices. Knowledge of real estate lending products, regulatory compliance, secondary market investor guidelines and quality control guidelines. Strong analytical, problem solving, and negotiation skills. Experience with residential first mortgage Freddie MAC and LP. Computer literate and strong familiarity with creditor financial analysis techniques. Effective verbal and written communication skills.

Experience:
3-5 years of Conforming Underwriting experience
FHA experience


Category:
Banking

Contact:
matt@bcius.com