Acceler8Networks is working with a national bank with corporate offices in Los Angeles and Orange County and is looking to bring on a strong Mortgage Underwriter for their busy team on a full-time basis.
The Mortgage Underwriter will be responsible for underwriting jumbo and conforming (Fannie/Freddie) mortgage loans.
Primary responsibilities will include underwriting and approving mortgage loans.
The candidate must understand both internal and external customer processes and respond to a wide variety of customer requests and inquiries.
The national bank is looking for a Mortgage Underwriter that has strong communication skills, attention to detail and is up to date with loan processing.
The national bank is looking to have this Mortgage Underwriter start immediately!
*JUMBO/CONVENTIONAL LOAN AND ENCOMPASS EXPERIENCE A HUGE PLUS*
Client will offer remote work if requested but requires the candidate to be able to visit the corporate offices periodically for meetings.
With over $17 billion in assets and 50+ branches across the nation, this opportunity will provide an ever-growing career for the right candidate.
DUTIES AND RESPONSIBILITIES:
Review and evaluate information on mortgage loan documentation to determine if borrower and/or property meet loan standards
Complete a thorough analysis of loan files to determine compliance with company, investor, and government guidelines and standards
Once the application has been evaluated and the degree of risk has been assessed, document the reasons for approval or denial of the loan and add the documentation to the loan file
Responsible for ensuring final loan information is accurate in loan origination system prior to file being submitted for loan closing, including but not limited to loan amounts, appraised value, interest rate, income, assets, and monthly payments
REQUIREMENTS:
5+ years as a mortgage loan underwriter
Jumbo & Conforming Loan experience highly preferred!
Recent Fannie Mae underwriting experience
Thorough understanding of underwriting policies and procedures, as well as investor guidelines and regulatory updates including knowledge of Fannie Mae guidelines and standards
Comprehensive knowledge of real estate and consumer loan compliance guidelines
Strong credit package analysis
Working experience in Encompass software highly preferred!
BENEFITS:
Medical, Dental, Vision – fully accounted for by Bank
401 (k) savings plan with aggressive employer matching once vested
Vacation, Sick Time, and Holidays
Annual performance bonus
Health care flexible spending account
Employee stock purchase program
Group life insurance
Pet Insurance
Job Type: Full-time
Pay: $110,000.00
– $120,000.00 per year
Benefits:
401(k)
401(k) matching
Dental insurance
Employee discount
Flexible schedule
Flexible spending account
Health insurance
Health savings account
Life insurance
Paid time off
Referral program
Retirement plan
Tuition reimbursement
Vision insurance
Physical Setting:
Office
Schedule:
8 hour shift
Monday to Friday
Overtime
Supplemental Pay:
Bonus pay
COVID-19 considerations:
All employees are required to wear a mask and the location is professionally sanitized reguarly.
Education:
High school or equivalent (Preferred)
Experience:
Jumbo Loan: 5 years (Preferred)
Conforming (Fannie/Freddie): 5 years (Preferred)
Underwriting: 5 years (Preferred)
TRID (TILA-RESPA Integrated Disclosure): 5 years (Preferred)
Work Location: Multiple Locations