Union Home Mortgage

  • Underwriter

    Job Locations US-Remote
    Posted Date 6 days ago(7/10/2018 5:05 PM)
    Job ID
    # of Openings
  • Overview

    Underwriter’s are responsible for the timely and accurate analysis and evaluation of loan applications based on a borrower’s credit, employment, income, financial data and asset profile, along with the appraisal report, and investor guidelines. Makes sound decisions that mitigate risk to the company, adhere to quality standards, and maximize the borrower’s chances of obtaining and sustaining homeownership. 


    • Responsible for underwriting 2-3 new loans per day while minimizing any risk to the company by thoroughly analyzing a borrower’s income, credit, assets and the collateral to ensure compliance with our investors, agencies, HUD, VA or HFA’s.
    • Responsible for clearing UTC conditions in 24 hours.
    • Responsible for preparing loans for risk committee.
    • Maintain 2 day turn times.
    • Responsible for making counter offers on loans that do not conform to products under which they were originated.
    • Responsible for remaining updated on all investor, agency, FHA, VA, UNM guideline changes along with any overlays.
    • Ensure the accuracy of all necessary criteria for specific loan types, products, rates and fee structures.
    • Attend appropriate seminars to keep abreast on current market trends and developments.
    • Sit in on roundtables when needed.
    • Provide training support to sales force as needed.
    • Responsible for listening in on our departmental huddles.
    • Assist loan officers with scenarios and explaining any conditions that are not clear to them.
    • Assist in the training of junior underwriters and processors.

    Education & Qualifications

    • 3-5 years of experience as an Underwriter and complete knowledge of the mortgage business
    • Bachelor’s degree preferred or equivalent work experience
    • Experience with FHA/ VA/ Agency loans
    • Direct Endorsement (DE) Required
    • LAPP/ SAR preferred
    • Strong analytical skills, especially in credit and risk,  along with decision making skills
    • Effective interpersonal skills and technical report writing skills
    • Attention to detail
    • Knowledge of Encompass LOS


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