Underwriter III

The Underwriter III plays an important role in the organization by performing various activities related to the company’s retail operations functions, including underwriting conventional, FHA, VA, USDA, new construction, and condominium project loans.

Requirements

• Review and evaluate loan documents to ensure accuracy, completeness, and compliance with company standards, federal and agency standards and guidelines, as well as any applicable state-specific and or local regulations, ordinances, etc.
• Analyze customer’s loan-to-value ratio, debt-to-income ratio, credit report, application, income and assets, source(s) of down payment funds, and supporting documentation to identify potential fraud or misrepresentation.
• Determine if additional documentation or information would aid loan decision; request additional documentation or information accordingly.
• Provide options and recommendations to borrowers regarding suitable loan programs.
• Stay abreast of current regulations and industry trends that affect compliance and decision-making.
• Verify that system input is accurate and that company systems match Automated Underwriting System (AUS).
• Use expertise to answer questions and resolve escalated issues from junior-level teammates.
• Perform other duties as assigned.

Benefits

• Medical
• Dental
• Vision
• Life insurance
• AD&D
• LTD
• 401(k) with employer match