Position title
Jumbo Loan Underwriter
Description

The Jumbo Underwriter reviews all credit, asset, income, and collateral documentation to produce a sound credit decision based on policies.

The position must be able to underwrite High Balance (Jumbo) High Risk transactions which contain more complex over credit review.

Responsibilities
  • Analyze appraisal, income, asset and employment source documents. Review submitted loan file data and documents for adherence to investor and lender policies for new loans.
  • Data Entry as it relates to Input quality submission and appraisal, income, asset and employment source documentation.
  • Upload loans and necessary conditions to investor if loan requires prior approval by Investor.
  • Perform mortgage credit analysis to determine borrower’s ability to pay
  • Knowledge of secondary market guidelines, including FNMA/FHLMC, verify data against documentation for income, assets, credit, property
  • Review fraud reports and title document system as required, complete checklists and summaries
  • Maintain service level objectives
  • Respond to underwriting questions from internal and external customers
  • Provide training to new hires, as needed, assist closing and post-closing as required
  • Other duties as required by management
Qualifications
  • 5 or more years of experience in Underwriting required. Jumbo underwriting experience preferred.
  • Thorough knowledge of full documentation including extensive understanding of income calculations, asset review and credit risk decisions.
Employment Type
Full-time
Job Location
Remote work from: USA
Date posted
February 23, 2021
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Position: Jumbo Loan Underwriter

Thank you for very much for your interest in the Jumbo Loan Underwriter position at LenderSelect Mortgage Group. We have received your application and our hiring team will be reviewing all applications. Should you be a good fit for the position, we will be in touch shortly.

To learn more about us, visit us online or connect with us on LinkedIn!