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Underwriter

Contemporaries Rockville ,MD
  • Expired: over a month ago. Applications are no longer accepted.
Job Description

 Contemporaries is a staffing firm working closely with a Mortgage firm located in Rockville, MD. They are currently looking to add an Underwriter to their team on a permanent basis. They are focused on delivering superior customer experiences and take pride in helping people achieve their dream of owning a home. The main function of this position will be to minimize potential risk by consistently reviewing, in detail, processed loan applications submitted to Apex in a timely and professional manner. 

Duties: 

  • Review of the loan applications will require DU/LP or investor automated underwriting input and exception.  Effectively communicate file status (approvals, declines, suspense and conditions) in a timely and professional manner.
  • Maintain product knowledge of FHA/VA processing and underwriting product matrixes within software systems.
  • Maintain current guidelines for appraisal review and regulations.  
  • Underwrite 2 to 4 files per day, in accordance with underwriting authority and adhere with company turn times. 
  • Prepare internal communication between external underwriting source and processors.
  • Work with Quality Control, Secondary, and Shipping to ensure the highest quality of file output.
  • Assist to clear all investor purchase conditions.
  • Clear all conditions on files with 48 hours of receipt.
  • Must follow company Policies & Procedures and keep abreast of current FHA/VA, FNMA. FHLMC, RESPA, HMDA, Patriots Act, and investor’s criteria, which impact the decision making process.
  • Report any suspicious activity within file review.
  • Decline files within regulatory time frames and in accordance with regulations for ECOA. 
  • Provide back up for closing and post-closing, as needed.
  • Filing of miscellaneous documents.

Profile: 

  • DE status and prior FHA underwriting experience required.  
  • Recent experience working in a paperless environment.
  • Minimum of 3 years’ experience in the mortgage industry.
  • Excellent customer service and interpersonal skills.
  • General understanding of mortgage banking systems.
  • Detail oriented.
  • Excellent computer skills and knowledge of Microsoft Office (Excel and Word).
  • Working knowledge of Encompass required.

Contemporaries

Address

Rockville, MD
USA