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Mortgage Underwriter

Eflex Houston, TX
  • Expired: over a month ago. Applications are no longer accepted.
Job Description

Mortgage Underwriters WORK FROM HOME!!!

Multiple openings for Direct Retail Conventional Loan Underwriters.

Let's be real. In today's mortgage world as an underwriter, you have options. Some of the opportunities promise lots of money and endless progression. The challenge is, these "opportunities" will be gone the minute rates inch up.

Instead, join a great company that is stable and does things the right way. Of course the pay is competitive and there is great bonus potential.

Requirements

  • Education/Experience: Must have a high school or general equivalency degree (GED)
  • A minimum 5 years of mortgage loan Underwriting experience
  • Certification to underwrite government FHA & VA loans including SAR.
  • Texas Home Equity loan knowledge is preferred or any equivalent combination of experience and training.


Major Duties and Essential Functions

1. This position requires a thorough knowledge of residential mortgage underwriting, to include Fannie Mae and Freddie Mac guidelines. This will include a working knowledge of mortgage loan types, terms and standard forms and documentation. A strong understanding of mortgage lending compliance issues. A working knowledge of mortgage products available in the market place with a strong knowledge of current mortgage underwriting guidelines and regulations. Loans underwritten must be in compliance with all rules and regulations and be eligible for sale on the secondary market.

2. Perform underwrite of conventional real estate loan products as offered by the Credit Union. To include, but not limited to: conforming and non-conforming residential mortgage loans, fixed rate loans, adjustable rate loans, purchase money second lien loans, home equity loans and HELOC loans. Perform final underwrite and clear to close on conventional, home equity and portfolio loan products. Loans will be originated for purposes of holding in the Credit Union portfolio and selling to the secondary market.

3. All loans must meet agency guidelines including Credit Union and investor overlays. Ensure all loans are complete, compliant and accurate when issuing a loan approval. Ensure complete and accurate notation on all loan applications.

4. Review appraisals to validate collateral value, marketability and equity position as well as ensure the appraisal meets the secondary market guidelines.

5. Review required loan and decision documentation in accordance with secondary market underwriting requirements for income, assets, appraisal, mortgage insurance and related documentation.

6. Communicate and respond to members and staff in a timely manner regarding any deficiencies within loan files.

7. Maintain specialized knowledge of mortgage trends and developments to include but not limited to, internal changes, regulatory changes, insurance and secondary market changes. Maintain knowledge of secondary market activity and industry practices as they impact underwriting quality and origination activity.

8. Assist in the training of Real Estate team in secondary market requirements for underwriting, processing and use of mortgage systems.

9. Assist management and Sr Underwriter in the development of and maintenance of various lending reports, new lending programs and special projects as required.

10. Document loan with detailed notes for handoffs to processing and closing.

11. Learn and understand Encompass screens and fields.

12. Manage file through the milestones to meet closing date

13. Notify all parties when issues are identified.

14. Maintain a pipeline management system to keep up with file follow up.

15. Communicate accordingly. Answer phone or respond within 4 hours.

 

This position offers an excellent compensation and benefits package including: medical, dental, and vision insurance; life insurance and AD 401(K); flexible spending accounts; health savings account and free and discounted credit union services.

 

Company Description
There’s a reason eFLEX Recruiting has been named a Best Place to Work by the Houston Business Journal and a Top Workplace by the Houston Chronicle. We know that being a great company to work for goes well beyond salary and benefits. It’s about being a place our employees are excited to come to every day.

We didn’t get here by chance. We’ve worked hard to create a culture of collaboration, openness, diversity, creativity and fun. We’re certainly not going to stop now.

You have a dream job. It’s our job to find it.

With all of the placement agencies out there, you’re probably wondering why you should trust Employer Flexible to find your next career opportunity. Fair enough. One thing that sets us apart is our affiliation with all types of industries and the variety of job opportunities we offer. We’re specialists in every industry we represent, which means we know a great career opportunity when we see it and we understand how your qualifications fit the job.

Our door is always open to those seeking the chance to grow and develop in their careers. Whether you’ve already chosen your direction, or you’re looking for a change, we have the ability to place you in a profession you can pursue with passion.

Eflex

Why Work Here?

Great place to learn and grow your career!

There’s a reason eFLEX Recruiting has been named a Best Place to Work by the Houston Business Journal and a Top Workplace by the Houston Chronicle. We know that being a great company to work for goes well beyond salary and benefits. It’s about being a place our employees are excited to come to every day. We didn’t get here by chance. We’ve worked hard to create a culture of collaboration, openness, diversity, creativity and fun. We’re certainly not going to stop now. You have a dream job. It’s our job to find it. With all of the placement agencies out there, you’re probably wondering why you should trust Employer Flexible to find your next career opportunity. Fair enough. One thing that sets us apart is our affiliation with all types of industries and the variety of job opportunities we offer. We’re specialists in every industry we represent, which means we know a great career opportunity when we see it and we understand how your qualifications fit the job. Our door is always open to those seeking the chance to grow and develop in their careers. Whether you’ve already chosen your direction, or you’re looking for a change, we have the ability to place you in a profession you can pursue with passion.

Address

Houston, TX
USA

Website