Analyst - Underwriting Services(Throttle)

August 28

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Making homeownership simpler, faster - and most importantly, more accessible. NMLS #330511 | better.com/terms

Mortgage

1001 - 5000

💰 $528M Post-IPO Debt on 2023-08

Description

• Completing the final underwriting review of the Conforming loans by thoroughly examining collateral and basic credit documents to ensure loans are prepared for closing in accordance with agency guidelines • Analyzing collateral documents such as title, tax certificate, appraisals, and homeowner’s insurance policies to access their influence on Underwriting decisions • Through review of the Automated Underwriting System during final review and ensure that any red flags or special messages are addressed before issuing final review • Ratio calculation during final approval and ensuring the ratio of Loan Origination Software matches with the Automated Underwriting System • Meet production goals while maintaining quality and compliance • Uncover any undisclosed debt or other missing financial information and ensure there is not any potential fraud present in the loan application • Collaborating with Loan team, Underwriters, Collateral, and other cross functional teams to ensure pending loan tasks are completed • Maintain acceptable Quality control standard • Reviewing and clearing the tasks related to Credit, income and assets required before Final approval can be issued

Requirements

• Bachelor's degree with a minimum of 2 years of experience in US Mortgage • Knowledge of Agency guidelines for decision making • Understanding of Credit and Collateral documents • Meticulous attention to detail • Strong data analysis capability and ability to clearly communicate findings to Leadership loan teams and borrower • Knowledge of FNMA and Freddie Mac Guidelines • Detailed understanding of credit report, income, assets, and collateral documents