Well versed with FNMA. FHLMC and investor guidelines, able to review and locate exact guidelines for decision making * Should have good analytical and problem-solving skills * Manage end-to-end ...
Well versed with FNMA. FHLMC and investor guidelines, able to review and locate exact guidelines for decision making * Should have good analytical and problem-solving skills * Manage end-to-end ...
Key Responsibilities: 1. Review a list of closed, rejected/withdrawn and early payment default loans. 2. Review a list of loans to ensure compliance with servicing guidelines of FNMA, FHLMC and FHA ...
Key Responsibilities: 1. Review a list of closed, rejected/withdrawn and early payment default loans. 2. Review a list of loans to ensure compliance with servicing guidelines of FNMA, FHLMC and FHA ...
Closer/Escrow Agent
$50K - $60K/yr
Prepare, review, and verify closing documents including settlement statements, loan agreements, contracts, and disclosures in compliance with FNMA and TILA regulations * Conduct credit analysis and ...
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Closer/Escrow Agent
$50K - $60K/yr
Prepare, review, and verify closing documents including settlement statements, loan agreements, contracts, and disclosures in compliance with FNMA and TILA regulations * Conduct credit analysis and ...
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Collateral Underwriter/Appraiser (REMOTE)
Orange, CA · Remote
$33.50 - $43/hr
Review and analyze appraisal reports to ensure compliance with FNMA, FHLMC, FHA, VA, and Lender investor guidelines, policies and procedures. * Request revisions from the AMC, as needed. * Provide ...
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Collateral Underwriter/Appraiser (REMOTE)
Orange, CA · Remote
$33.50 - $43/hr
Review and analyze appraisal reports to ensure compliance with FNMA, FHLMC, FHA, VA, and Lender investor guidelines, policies and procedures. * Request revisions from the AMC, as needed. * Provide ...
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Servicing Manager
Ann Arbor, MI · On-site
The ideal candidate will have 3+ years fo experience, GNMA, FNMA, FHLMC knowledge, and Encompass knowledge. Apply now for consideration! PRIMARY POSITION-SPECIFIC RESPONSIBILITIES * Manage day-to-day ...
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Servicing Manager
Ann Arbor, MI · On-site
The ideal candidate will have 3+ years fo experience, GNMA, FNMA, FHLMC knowledge, and Encompass knowledge. Apply now for consideration! PRIMARY POSITION-SPECIFIC RESPONSIBILITIES * Manage day-to-day ...
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Default Loan Servicing Specialist
$21.24 - $28.31/hr
Validate and transmit default status codes, default reporting events, and claims-related data for GNMA, VA, and FNMA portfolios * Reconcile discrepancies between servicing systems and default ...
Default Loan Servicing Specialist
$21.24 - $28.31/hr
Validate and transmit default status codes, default reporting events, and claims-related data for GNMA, VA, and FNMA portfolios * Reconcile discrepancies between servicing systems and default ...
Mortgage Loan Underwriter
Neenah, WI · On-site
Minimum of three years of FNMA mortgage underwriting experience * Knowledge of Secondary Market/FNMA guidelines * Experience on conventional, portfolio, and non-QM underwriting * Detail-oriented with ...
Mortgage Loan Underwriter
Neenah, WI · On-site
Minimum of three years of FNMA mortgage underwriting experience * Knowledge of Secondary Market/FNMA guidelines * Experience on conventional, portfolio, and non-QM underwriting * Detail-oriented with ...
Retail Staff Underwriter II
Panhandle, TX · On-site +1
Experience in underwriting FNMA/FHLMC/FHA/VA / USDA Rural Housing investor loans * Documented experience in mortgage loan underwriting * General understanding and knowledge of underwriting and ...
Retail Staff Underwriter II
Panhandle, TX · On-site +1
Experience in underwriting FNMA/FHLMC/FHA/VA / USDA Rural Housing investor loans * Documented experience in mortgage loan underwriting * General understanding and knowledge of underwriting and ...
Default Loan Servicing Specialist
Fort Mill, SC · On-site
$21.24 - $28.31/hr
Validate and transmit default status codes, default reporting events, and claims-related data for GNMA, VA, and FNMA portfolios * Reconcile discrepancies between servicing systems and default ...
Default Loan Servicing Specialist
Fort Mill, SC · On-site
$21.24 - $28.31/hr
Validate and transmit default status codes, default reporting events, and claims-related data for GNMA, VA, and FNMA portfolios * Reconcile discrepancies between servicing systems and default ...
Maintain strong working knowledge of FNMA/FHLMC, FHA, VA, USDA, and other mortgage programs * Follow all federal and state lending compliance guidelines * High School Diploma or equivalent * 2+ years ...
Maintain strong working knowledge of FNMA/FHLMC, FHA, VA, USDA, and other mortgage programs * Follow all federal and state lending compliance guidelines * High School Diploma or equivalent * 2+ years ...
Loan Officer Assistant
Salt Lake City, UT · On-site
$36K - $49K/yr
... FNMA (Fannie Mae) guidelines • Facilitate communication between borrowers, escrow companies, and underwriters to streamline the loan process • Maintain detailed records of all transactions ...
Loan Officer Assistant
Salt Lake City, UT · On-site
$36K - $49K/yr
... FNMA (Fannie Mae) guidelines • Facilitate communication between borrowers, escrow companies, and underwriters to streamline the loan process • Maintain detailed records of all transactions ...
Senior Underwriter
Albany, NY · Remote
$43 - $50/hr
Excellent knowledge of FHLMC/FNMA/Enact Mortgage Insurance Underwriting Guidelines * Utilization of income calculator resources published by both FHLMC/FNMA * Possess knowledge and understanding of ...
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Senior Underwriter
Albany, NY · Remote
$43 - $50/hr
Excellent knowledge of FHLMC/FNMA/Enact Mortgage Insurance Underwriting Guidelines * Utilization of income calculator resources published by both FHLMC/FNMA * Possess knowledge and understanding of ...
Mortgage Loan Officer Assistant
Mount Pleasant, SC · On-site
$34K - $49K/yr
Maintain strong working knowledge of FNMA/FHLMC, FHA, VA, USDA, and other mortgage programs * Follow all federal and state lending compliance guidelines Requirements For Success * High School Diploma ...
Mortgage Loan Officer Assistant
Mount Pleasant, SC · On-site
$34K - $49K/yr
Maintain strong working knowledge of FNMA/FHLMC, FHA, VA, USDA, and other mortgage programs * Follow all federal and state lending compliance guidelines Requirements For Success * High School Diploma ...
Mortgage Sales Manager
Seven Hills, OH · On-site
$48K - $250K/yr
Stay current and up to date with all loan program guidelines (FHA, VA, FNMA, FHLMC) and federal & state regulations * Assist team of Loan Originators with all related tasks to loan production
Mortgage Sales Manager
Seven Hills, OH · On-site
$48K - $250K/yr
Stay current and up to date with all loan program guidelines (FHA, VA, FNMA, FHLMC) and federal & state regulations * Assist team of Loan Originators with all related tasks to loan production
Mortgage Branch Manager
Atlanta, GA · On-site
$36K/yr
Stay current and up to date on all loan program guidelines (FHA, VA, FNMA, FHLMC) and federal and state regulations. * Collaborate with corporate management and executive management team to execute ...
Mortgage Branch Manager
Atlanta, GA · On-site
$36K/yr
Stay current and up to date on all loan program guidelines (FHA, VA, FNMA, FHLMC) and federal and state regulations. * Collaborate with corporate management and executive management team to execute ...
Mortgage Branch Manager
Atlanta, GA · On-site
Stay current and up to date on all loan program guidelines (FHA, VA, FNMA, FHLMC) and federal and state regulations. * Collaborate with corporate management and executive management team to execute ...
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Mortgage Branch Manager
Atlanta, GA · On-site
Stay current and up to date on all loan program guidelines (FHA, VA, FNMA, FHLMC) and federal and state regulations. * Collaborate with corporate management and executive management team to execute ...
Apply Early
Mortgage Sales Manager
Independence, OH · On-site
$48K - $250K/yr
Stay current and up to date with all loan program guidelines (FHA, VA, FNMA, FHLMC) and federal & state regulations * Assist team of Loan Originators with all related tasks to loan production
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Apply Early
Mortgage Sales Manager
Independence, OH · On-site
$48K - $250K/yr
Stay current and up to date with all loan program guidelines (FHA, VA, FNMA, FHLMC) and federal & state regulations * Assist team of Loan Originators with all related tasks to loan production
Apply Early
Mortgage Branch Manager
Providence, RI · On-site
Stay current and up to date on all loan program guidelines (FHA, VA, FNMA, FHLMC) and federal and state regulations. * Collaborate with corporate management and executive management team to execute ...
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Mortgage Branch Manager
Providence, RI · On-site
Stay current and up to date on all loan program guidelines (FHA, VA, FNMA, FHLMC) and federal and state regulations. * Collaborate with corporate management and executive management team to execute ...
Apply Early
The ideal candidate will be well-versed in FNMA, FHLMC, and investor guidelines and possess strong analytical, decision-making, and communication skills. Essential Job Duties and Responsibilities
The ideal candidate will be well-versed in FNMA, FHLMC, and investor guidelines and possess strong analytical, decision-making, and communication skills. Essential Job Duties and Responsibilities
Mortgage Branch Manager
Providence, RI · On-site
$36K/yr
Stay current and up to date on all loan program guidelines (FHA, VA, FNMA, FHLMC) and federal and state regulations. * Collaborate with corporate management and executive management team to execute ...
Mortgage Branch Manager
Providence, RI · On-site
$36K/yr
Stay current and up to date on all loan program guidelines (FHA, VA, FNMA, FHLMC) and federal and state regulations. * Collaborate with corporate management and executive management team to execute ...
Fnma information
See salary details
$13.94 - $15.97
3% of jobs
$15.97 - $18.01
7% of jobs
$18.01 - $20.04
12% of jobs
$20.60 is the 25th percentile. Wages below this are outliers.
$20.04 - $22.07
11% of jobs
$22.07 - $24.10
15% of jobs
The median wage is $24.49 / hr.
$24.10 - $26.14
14% of jobs
$26.14 - $28.17
13% of jobs
$28.40 is the 75th percentile. Wages above this are outliers.
$28.17 - $30.20
12% of jobs
$30.20 - $32.23
7% of jobs
$32.23 - $34.27
4% of jobs
$34.27 - $36.30
3% of jobs
$13
$25
$36
How much do fnma jobs pay per hour?
What job makes $1,000,000 a year?
What are the key skills and qualifications needed to thrive as a Fannie Mae (FNMA) Analyst, and why are they important?
What does FNMA stand for?
What jobs pay $500,000 a year in the US?
What is the difference between Fnma vs Mortgage Underwriter?
| Aspect | Fnma | Mortgage Underwriter |
|---|---|---|
| Credentials | Typically requires mortgage industry knowledge, possibly licensing | Requires mortgage licensing (e.g., MLO license), underwriting certifications |
| Work Environment | Financial institutions, mortgage companies, government agencies | Mortgage lenders, banks, credit unions |
| Industry Usage | Used in government-sponsored enterprises and related roles | Commonly employed in mortgage loan approval process |
| Comparison Focus | Fannie Mae (Fnma) guidelines and standards | Loan evaluation and risk assessment |
Fnma (Fannie Mae) is a government-sponsored enterprise that sets guidelines for mortgage loans, while a Mortgage Underwriter evaluates individual loan applications to determine approval based on those guidelines. Both roles are integral to the mortgage industry, with Fnma providing standards and Mortgage Underwriters applying them during loan processing.
Does Fannie Mae pay well?
What is FNMA and what does it do?
What are some common challenges faced by professionals working at Fannie Mae (FNMA), and how can new hires best prepare for them?
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Full-time
Posted 23 days ago
Job description
The Conventional Underwriter is responsible for performing a comprehensive review and analysis of mortgage loan files to make informed lending decisions. This role primarily focuses on conventional loan products. The ideal candidate will be well-versed in FNMA, FHLMC, and investor guidelines and possess strong analytical, decision-making, and communication skills.
Essential Job Duties and Responsibilities:
- Well versed with FNMA. FHLMC and investor guidelines, able to review and locate exact guidelines for decision making
- Should have good analytical and problem-solving skills
- Manage end-to-end underwriting processes, primarily focusing on conventional loans.
- Accurately calculate different Income types such as Salaried, Self-Employment, other income and rental income for loan decisioning
- Should have decision-making skill when applying in business judgment based on Underwriting review
- Evaluate complete loan documents and should provide approval or denial decision
- Complete review of credit report to verify trade lines, derogatory accounts, public records and credit reconciliation, calculate HTI/DTI
- Complete review of Collateral and property valuation to identify physical and market conditions of property
- Assets verification includes borrower's bank account statement, retirement accounts, mutual funds and other investments. Identify red flags, large deposits, regular deductions on bank statement
- Apply expertise in the 4 C's of underwriting (Credit, Capacity, Collateral, and Capital)
- Evaluating evidence of borrower's willingness and ability to repay the obligation
- Good communication, Presentation skills, Self-motivated and hard working
- Able to review investor guidelines (Allregs - FNMA & Freddie) and client overalls.
Other Job Duties and Responsibilities:
Performs other related duties as assigned.
Supervisory Responsibilities:
- This position is an individual contributor.
Qualifications:
To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
Education and/or Experience:
- Bachelor's Degree from a Four (4) year College or University.
- 5+ years of conventional mortgage underwriting experience.
- In-depth knowledge of FNMA, FHLMC, and investor guidelines.
- Strong analytical and problem-solving skills.
- Ability to exercise sound business judgment and make appropriate credit decisions.
- Experience underwriting loan types such as Conventional, Closed End Second, and VA IRRRL.
- Proficient in reviewing and interpreting income documentation (W-2s, tax returns, bank statements, etc.).
- Familiarity with AllRegs and ability to locate and interpret guidelines.
- Strong communication and presentation skills.
- Self-motivated, detail-oriented, and able to work independently or as part of a team.
- High level of integrity and a commitment to delivering quality work.
Certificates, Licenses, Registrations:
- None Required
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Work is normally performed in a typical interior office work environment which does not subject the employee to any hazardous or unpleasant elements. The noise level in the work environment is usually moderate.
Physical Demands:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to sit and talk or hear. The employee is occasionally required to stand; walk; use hands to finger, handle, or feel; and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds.
Equal Employment Opportunity:
The company is committed to providing equal employment opportunities to all employees and applicants without regard to race, ethnicity, color, sex, marital status, sexual orientation, gender identity or expression, pregnancy, religion, national origin, age (40 and over), disability, military status, genetic information, or any other basis protected by applicable federal, state, or local laws.
Americans with Disabilities Act:
Applicants as well as employees who are or become disabled must be able to satisfactorily perform the essential job functions of the position either with or without reasonable accommodation. Applicants as well as employees are encouraged to meet with Human Resources as the organization shall review reasonable accommodations on a case-by-case basis in accordance with applicable law.
Job Responsibilities:
The statements reflect the general duties and responsibilities considered necessary to perform the essential functions of the job and should not be considered as an all-inclusive list of all the work requirements of the position. The company may change the specific job duties with or without prior notice based on the needs of the organization.