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in Santa Ana, CA

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Estimated Pay $20 per hour
Hours Full-time, Part-time
Location Santa Ana, California

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We estimate that this job pays $20.41 per hour based on our data.

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$31.19


About this job

Job Description

Job Description
Title: Conventional Underwriter
Job ID: AW92538183

Our client is seeking for a Conventional Underwriter to be responsible for analyzing and evaluating residential loan applications in accordance with investor, agency and internal guidelines. This role will work closely with wholesale brokers, AEs and Operations staff.

Responsibilities:
  • Thoroughly and accurately analyze all loan documents, which include the following: AUS decision report, credit report, all sources of income including complex personal and business returns, assets, preliminary title report, appraisal, purchase agreement, escrow instructions, occupancy verification, red flags and fraud check.
  • Input data into DU/LP and run final AUS.
  • Underwriter files and clear conditions on loans with attention to detail as well as with a sense of urgency for our customers.
  • Input loan data and decisions accurately into current operating system.
  • Examine transaction matrix, internal, and investor overlays to ensure compliance with investor guidelines.
  • Implement and enforce fraud detection techniques. Request supplemental information/documentation as necessity dictates. Recognize risk factors that may compromise overall quality of loan file.
  • Aid in the resolution of any applicable pre-funding or post purchase loan deficiencies by assisting the post-closing department in curing any outstanding conditions or concerns.
  • Effectively communicate orally and/or via email all loan decisions rendered on files in a professional and positive manner to maintain strong working relationships with co-workers and customers.
  • Maintain consistent communication with brokers and sales staff to ensure all questions are answered in a timely manner while demonstrating outstanding level of customer service skills.
Qualifications:
  • Must have recent underwriting experience with all Conventional loans products for a minimum of 2 years and is current within the last 6 -9 months on all updated guidelines, policies and procedures.
  • Must be able to multi-task in a fast-paced environment while maintaining a high level of quality.
  • Extensive knowledge of all FNMA/FHLMC and investor guidelines.
  • Strong attention to detail, organization and communication skills.
  • Communication skills, verbal and written, capable of expressing complex issues and soliciting input from a broad audience.
For more information about TEEMA and to consider other career opportunities, please visit our website at www.teemagroup.com.