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Manager Remote Reverse Mortgage Underwriter Jobs in Rhode Island

Mortgage underwriting with collateral decision authority * Valuation review or appraisal operations ... Proven ability to manage an individual pipeline in a production environment. * Preferred * Prior ...

Mortgage underwriting with collateral decision authority * Valuation review or appraisal operations ... Proven ability to manage an individual pipeline in a production environment. * Preferred * Prior ...

Mortgage Loan Originator- Northern RI

Warwick, RI · On-site +1

$84K - $250K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Access to leadership--your manager and senior management are invested in your success * Sales ... Flexible schedule and hybrid/remote options within MA, CT, RI * Opportunities for professional and ...

Mortgage Loan Originator - Southern RI

Westerly, RI · On-site +1

$84K - $250K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Access to leadership--your manager and senior management are invested in your success * Sales ... Flexible schedule and hybrid/remote options within MA, CT, RI * Opportunities for professional and ...

Mortgage Loan Originator- Northern RI

Warwick, RI · On-site +1

$84K - $250K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Access to leadership--your manager and senior management are invested in your success * Sales ... Flexible schedule and hybrid/remote options within MA, CT, RI * Opportunities for professional and ...

Mortgage Loan Originator - Southern RI

Westerly, RI · On-site +1

$84K - $250K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Access to leadership--your manager and senior management are invested in your success * Sales ... Flexible schedule and hybrid/remote options within MA, CT, RI * Opportunities for professional and ...

Account Management : Oversee client accounts to ensure high satisfaction and address needs promptly ... Underwriting Collaboration : Work closely with underwriting to facilitate smooth policy issuance.

Account Management : Oversee client accounts to ensure high satisfaction and address needs promptly ... Underwriting Collaboration : Work closely with underwriting to facilitate smooth policy issuance.

Account Management : Oversee client accounts to ensure high satisfaction and address needs promptly ... Underwriting Collaboration : Work closely with underwriting to facilitate smooth policy issuance.

Account Management : Oversee client accounts to ensure high satisfaction and address needs promptly ... Underwriting Collaboration : Work closely with underwriting to facilitate smooth policy issuance.

Account Management : Oversee client accounts to ensure high satisfaction and address needs promptly ... Underwriting Collaboration : Work closely with underwriting to facilitate smooth policy issuance.

Account Management : Oversee client accounts to ensure high satisfaction and address needs promptly ... Underwriting Collaboration : Work closely with underwriting to facilitate smooth policy issuance.

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Manager Remote Reverse Mortgage Underwriter information

What is a manager remote reverse mortgage underwriter?

A Manager Remote Reverse Mortgage Underwriter is a professional who oversees a team of underwriters responsible for evaluating and approving reverse mortgage applications, typically while working remotely. This role involves ensuring compliance with lending guidelines, reviewing applicants’ financial information, and making final loan decisions. The manager also provides leadership, training, and support to the underwriting team to maintain quality and efficiency. Their expertise helps lenders minimize risk and ensures borrowers meet all necessary requirements.

What are the key skills and qualifications needed to thrive as a manager remote reverse mortgage underwriter?

To thrive as a Manager Remote Reverse Mortgage Underwriter, you need extensive knowledge of mortgage underwriting guidelines, FHA and HECM regulations, and proven experience in reverse mortgage processing and team leadership. Proficiency in loan origination systems (LOS), automated underwriting systems (AUS), and relevant certifications such as DE (Direct Endorsement) are typically required. Strong analytical skills, attention to detail, and effective communication are crucial for managing teams and ensuring compliance in a remote environment. These skills and qualifications are essential for ensuring accurate underwriting decisions, regulatory compliance, and maintaining high productivity and quality standards within a remote team.

What are some common challenges faced by a manager remote reverse mortgage underwriter, and how can they be addressed?

A Manager Remote Reverse Mortgage Underwriter often encounters challenges such as ensuring regulatory compliance across various jurisdictions, maintaining clear communication with distributed team members, and staying updated with frequent changes in lending guidelines. To address these, it's essential to implement robust digital collaboration tools, provide regular training sessions, and establish standardized procedures for documentation and review. Proactively fostering open communication and feedback loops with both team members and other departments (like loan officers and processors) can also help streamline workflow and reduce errors.

What is the difference between Manager Remote Reverse Mortgage Underwriter vs Remote Mortgage Underwriter?

AspectManager Remote Reverse Mortgage UnderwriterRemote Mortgage Underwriter
CertificationsHUD, FHA, or VA certifications often preferredSame certifications, depending on lender requirements
Work EnvironmentRemote, focused on reverse mortgage productsRemote, covering various mortgage types
Industry UsagePrimarily in reverse mortgage lendingIn conventional and government-backed mortgage lending
Job FocusAssessing reverse mortgage applications and complianceEvaluating standard mortgage applications and risk

The Manager Remote Reverse Mortgage Underwriter specializes in reverse mortgage assessments, while the Remote Mortgage Underwriter handles a broader range of mortgage types. Both roles require similar certifications and work environments but differ in product focus and industry usage.

What are popular job titles related to Manager Remote Reverse Mortgage Underwriter jobs in Rhode Island?

For Manager Remote Reverse Mortgage Underwriter jobs in Rhode Island, the most frequently searched job titles are:

What job categories do people searching Manager Remote Reverse Mortgage Underwriter jobs in Rhode Island look for?

The top searched job categories for Manager Remote Reverse Mortgage Underwriter jobs in Rhode Island are:

What cities in Rhode Island are hiring for Manager Remote Reverse Mortgage Underwriter jobs?

Cities in Rhode Island with the most Manager Remote Reverse Mortgage Underwriter job openings:

Senior Mortgage Underwriter (Remote)

First Citizens Bank

Carolina, RI • On-site, Remote

$76K - $100K/yr

Full-time

Re-posted 2 days ago


First Citizens Bank rating

7.4

Company rating: 7.4 out of 10

Based on 106 frontline employees who took The Breakroom Quiz

106th of 171 rated banks


Job description

Overview

This is a remote role that may be hired in several markets across the United States. 

This position assesses the Bank's financial risk on potential borrowers applying for mortgage loans at a high level of complexity and ability. Analyzes borrower applications to determine appropriate loan structuring, potential risk, and loan eligibility, and makes the decision to accept or reject based on review. Ensures the salability of the loan to the selected investor under the specified loan program. Provides support for loan closing activities and clients while protecting the Bank from fraud, misrepresentation, and default. Responsible to meet production and quality expectations.


Responsibilities
  • Loan Underwriting - Documents and underwrites mortgage loans products. Gathers and reviews information pertaining to the applicant's income, assets, debts, and credit history to determine ability to repay the mortgage loan. Applies product and investor specific underwriting and documentation guidelines. Utilizes underwriting results to either approve or decline the loan.
  • Application Review - Reviews new applications for completeness and inclusion of necessary documentation. Determines eligibility of the loan for the selected product and investor, or more appropriate alternatives. Ensures accuracy and acceptance of income, asset, debt calculations and credit history. Seeks resolution for any identified discrepancies.
  • Operations Support - Manages a pipeline of active mortgage loans. Prioritizes loan actions based on projected closing dates and ensures loans close in a timely manner. Works with loan processor to meet expected closing dates for the customer.
  • Client Support - Provides client support throughout the underwriting process. Utilizes available resources to answer questions and develop alternatives. Remains abreast of investor loan programs, guidelines, policies and procedures to better assist clients. May provide guidance for associates on escalated or complex client inquiries.

Qualifications

Bachelor's Degree and 3 years of experience in Mortgage loan underwriting OR High School Diploma or GED and 7 years of experience in Mortgage loan underwriting

Preferred experience: FHA/VA loans

The base pay for this position is generally between $76,500 - $100,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

Qualifications:

Bachelor's Degree and 3 years of experience in Mortgage loan underwriting OR High School Diploma or GED and 7 years of experience in Mortgage loan underwriting

Preferred experience: FHA/VA loans

The base pay for this position is generally between $76,500 - $100,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

Education:UNAVAILABLEEmployment Type: FULL_TIME

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