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Senior Underwriter

Pacific Residential Mortgage, LLC Vancouver, WA

  • Posted: over a month ago
  • Full-Time
  • Benefits: 401k, dental, life insurance, medical, vision,
Job Description

Pacific Residential Mortgage (PacRes) is looking for experienced & motivated Underwriters to join our growing team. At PacRes, we invest in your future. Our clients and our employees continually inspire us, and we thrive on seeing them succeed. Our vision is to change the future, one client at a time. In short, we make dreams come true, and it feels good doing it. If this is something you want to be a part of, don’t wait!

 

SUMMARY:

This position is responsible for reviewing and analyzing loan applications and all supporting credit and collateral documents to provide timely, prudent underwriting decisions; assess risk and ensure adherence to state & federal regulation, as well as agency and investor requirements/guidelines for the sale of the loan. This position is full time and is permitted to operate remotely.

 

ESSENTIAL DUTIES:

  • Authorizing & underwriting mortgage loans;
  • Review & analyze loan applications and supporting documents to determine borrower’s willingness and ability to repay, requesting additional information as needed.
  • Making loan eligibility decisions and approving or rejecting applications. Documenting and effectively communicating reasons for the approval/rejection of loans.
  • Validate loan application and supporting documentation and verify that the system of record reflects correct information. Update system of record when required.
  • Complete required underwriting worksheets & checklists - i.e. Income Worksheet, QM/ATR checklist.
  • Must complete all required industry and compliance training as required by PacRes.
  • Ensure compliance with applicable federal, state and local laws and regulations.
  • Maintain knowledge of and adhere to PacRes’ internal compliance policies and procedures and take responsibility to keep up to date with changing regulations and policies.

 

ADDITIONAL RESPONSIBILITIES:

  • Second level review of suspense and/or declines.
  • Pipeline load balance as needed.
  • Assist with Investor and Agency guideline updates as applicable.
  • Mentor and train new programs and new hires, as needed.
  • Provide professional and knowledgeable assistance and communication to customers and internal groups.
  • May be asked to second sign loan decisions for lower level authority underwriters.
  • The following job functions are not all-inclusive. The associate will be required to perform other job-related tasks/responsibilities requested by the manager. Job duties may change as required by needs of company.

 

QUALIFICATIONS:

REQUIRED:

  • FHA DE and/or VA SAR Designation
  • Minimum 5 years current customer-facing mortgage underwriting experience (Frontline underwriting experience required)
  • knowledge of FNMA/FHLMC, FHA, USDA, and VA guidelines, standards, and practices
  • High proficiency with technology & computer navigation
  • Advanced mortgage loan appraisal review and tax return analysis skills
  • Ability to comprehend and apply multiple agency and investor guidelines
  • Demonstrate proficiency in automated underwriting applications and the ability to assess those results
  • Exceptional written & oral communication, in English
  • Ability to deliver 5-star customer service.
  • Mastery at managing priorities & deadlines

 

BENEFICIAL SKILLS:

  • Prior experience in imaging and workflow systems
  • Understanding of economics & accounting, active listening, judgment & decision making, critical thinking & problem solving, reading comprehension, and adaptability.

 

PHYSICAL REQUIREMENTS & WORKING CONDITIONS:

The physical requirements for this position are customary to that of a desk job in an office setting. It will require sitting or remaining stationary for long periods of time (e.g., working at a desk/computer), near vision & ability to see objects on the computer screen, sometimes in presence of glare or bright lighting. May occasionally need to lift and/or move up to 15 pounds, stand, walk, stoop, kneel, crouch, or use hands & arms to reach to maintain or set up computer equipment. If/when working onsite, work is performed in a climate controlled, indoor, administrative office setting. The noise level in the work environment is usually quiet to moderate, depending on meeting location.

 

BENEFITS:

401(K) with discretionary company match & profit sharing, Medical Insurance (Including Health Savings Account Option), Dental Insurance, Vision Insurance, Life & Disability Insurance, & PTO.

 

HOURS:

Monday – Friday, 8am-5pm

 

 

Company Description
At Pacific Residential Mortgage, our goal has remained the same since we opened our doors in 2004; we value our customers & employees over profit. With this in mind, our company has grown to be a premier mortgage lender throughout the PNW and beyond. Now licensed in 30+ states, our Mortgage Advisors have the opportunity to provide home loans to first-time homebuyers, Veterans, self-employed business owners, and more.

Our branch offices are staffed by local individuals who live and serve in the communities they work in. Many members of our staff have been with the company since we began closing loans.

Looking forward, PacRes’ growth will maintain the continuity of local lending through the professional development of our employees and the selective process of onboarding new members who exhibit the same values that have kept PacRes a great place to work for over 17 years.

We offer competitive wages, benefits & time off.

We are an Equal Opportunity Employer.

NMLS-1477 / WA CL-1477 Equal Housing Lender http://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1477

Notice to Headhunters/Staffing Agencies:
Please do not submit resumes for this posting. Resumes submitted will be considered unsolicited and will be added to our resume database. In addition, Pacific Residential Mortgage, LLC will not be obligated to pay a referral fee.

Pacific Residential Mortgage, LLC

Why Work Here?
Excellent work environment with caring co-workers, managers & owners.

At Pacific Residential Mortgage, our goal has remained the same since we opened our doors in 2004; we value our customers & employees over profit. With this in mind, our company has grown to be a premier mortgage lender throughout the PNW and beyond. Now licensed in 30+ states, our Mortgage Advisors have the opportunity to provide home loans to first-time homebuyers, Veterans, self-employed business owners, and more. Our branch offices are staffed by local individuals who live and serve in the communities they work in. Many members of our staff have been with the company since we began closing loans. Looking forward, PacRes’ growth will maintain the continuity of local lending through the professional development of our employees and the selective process of onboarding new members who exhibit the same values that have kept PacRes a great place to work for over 17 years. We offer competitive wages, benefits & time off. We are an Equal Opportunity Employer. NMLS-1477 / WA CL-1477 Equal Housing Lender http://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1477 Notice to Headhunters/Staffing Agencies: Please do not submit resumes for this posting. Resumes submitted will be considered unsolicited and will be added to our resume database. In addition, Pacific Residential Mortgage, LLC will not be obligated to pay a referral fee.

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Vancouver, WA
USA

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Finance and Insurance

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