DE Underwriter

Position Overview

Responsible for the initial review of all loan files received from the sales department. Add preliminary condition of files; ensure that they meet the general guidelines as set forth by FHA, FNMA, FHMLC, & HUD Federal and State guidelines.

Essential Job Functions

• Organize, identify, clear or mark received docs submitted in images
• Complete UWAR Screens with licensing info and validate current E&O information
• Validate in CnC; property value, borrowers identification, and income accuracy
• Confirm proper disclosure; meeting federal and state guidelines
• Preliminary review of new files; identify outstanding issues needed to meet both the company and investor guidelines
• Data Verify; borrower identification, market value of property, determine if borrower has multi properties that were not disclosed on initial application, regional viability of property
• Verify employment, and income of borrower
• Order TALX or 4506T to confirm income of borrower
• Complete Tracking Screens for FHA Loans, FHA Case Number, & Caivrs
• Request Flood Certifications and notify Processor if in a Flood Zone for proper coverage
• Dialogue file; informing sales and assigned DE Underwriter of status and pertinent details of files

Requirements

• High school diploma or equivalent
• A minimum of two years of experience with conforming or FHA loans
• Excellent communication skills, both written and oral
• Proficient with Microsoft Office programs
• Detail oriented a must
• Strong analytical abilities

NOTE: This job description is not intended to be all-inclusive. Employee may perform other duties as directed by management to meet the ongoing needs of the organization.