Underwriter for Sun West Mortgage (VA LAPP/SAR)

The Job —  Underwriter for Sun West MortgageSales Rep

Location —  Work from home

Job Responsibilities —  From Sun West:

  • Review and evaluate information on mortgage loan documentation to determine if borrower and/or property meet loan standards.
  • Complete a thorough analysis of loan files to determine compliance with company and government guidelines and standards.
  • Evaluate the entire credit package and collateral for residential mortgage loans and ensure quality loan product.
  • Meet or exceed established production goals.
  • Communicate decision (approval, suspense, denial) on loans to appropriate parties.

Requirements/Qualifications

  • VA / LAPP REQUIRED
  • MUST HAVE DE (CHUMS I.D).
  • Be up-to-date with all relevant mortgagee letters, specifically ones released since 01/2008.
  • Be actively underwriting FHA loans for the past 24 months.
  • A minimum of 3 Yrs. experience in FHA and Conventional Underwriting.
  • Knowledge of Investor Guidelines, Product Delivery, and AUS engines is required.
  • Experienced with DU and LP preferred.
  • Excellent verbal and written communication skills are necessary.
  • Customer service and detail-oriented, responsible and accurate.
  • Calculate income accurately (per FHA / VA / Agency Guidelines), including but not limited to reviewing Tax Returns and any accompanying Tax Schedules.
  • Verify assets required to close the loan, including but not limited to trailing funds, gift-funds, etc.
  • Calculate the loan amount accurately in case of Rate and Term Refinance, Streamline Refinance, etc.
  • Read and interpret the HUD 1 and can spot deficiencies, if any.
  • Be aware of the following laws/regulations and know how to apply the same:Mortgage Disclosure Improvement Act (MDIA).
  • RESPA Reforms – Appraisal Independence and HVCC.
  • Have good/excellent Computer skills including but not limited to Web Browser, E-mail, Adobe Acrobat ® (Create PDF / Split PDF, etc.), Microsoft Office, and Google Apps.
  • Have a good/excellent Typing skill/speed.
  • Able to meet company set production volumes.
  • Able to work additional hours as required

Schedule —  Full time with possible overtime.

Employee or Contract — Employee

Compensation — Not advertised.  Click here for Sun West salary reviews on Glassdoor.

Benefits — Medical, dental, 401k and other benefits offered.

More Information — Review and apply with Sun West.