BocaRatonRecruiter Since 2001
the smart solution for Boca Raton jobs

Underwriter -

Location: Boca Raton
Posted on: April 8, 2021

Job Description:

Dynamic company looking for Underwriters with origination experience.



ALL of the following for a minimum of 36 months, within the past 5 years


- Review Income Documentation and Calculate to ensure ratios are acceptable per guideline requirements.


- Program identification and ensuring that the corresponding guidelines are adhered to.


- Validation of all supporting documentation submitted to underwriting including credit, title, appraisal, income, assets, and insurance


- Experience reviewing complex financial documents including computing income utilizing tax returns (tax analysis of Schedule C, S-Corp, Partnership, etc.)


- Perform in-depth analysis of credit report to ensure all liabilities are accounted for and appear on the 1003 per guideline requirements and to


- Perform in-depth analysis of credit report to ensure any name and/or address variations are captured and Letters of Explanation are conditioned for as needed per guideline requirements


- Perform in-depth analysis of assets to ensure all necessary documentation is received and recorded per guideline requirements


- Complete in-depth review of Appraisal; conditioning for any needed items per guideline requirements


- Perform in-depth research to document critical credit documentation is accurate (income, employment, occupancy, credit, assets, valuation, contract, HUD-1, interested party involvement)


- Review of the title for accuracy and red flags


- Calculation of DTI, income, assets, and LTV/CLTV


- Complete Excel Generated 1008 with Income/Asset/Debt information


- Re-Run loan through AUS and review to capture any new conditions, requirements or approval changes based on updated findings. Authority to approve AUS conditions.


- Validating the AUS (Clues, Clout, LP, DU) decision including the review of AUS to identify errors or additional conditions that may be required


- Review ?refer? loans/conditions for recommendations


- Review for possible misrepresentation, omissions, inaccuracies and red flags


- Review and decision loans based on guidelines without the presence of an AUS approval to assess an individual's creditworthiness


- Final Approve, Suspend or Approve Loan with Conditions based on file review and updated AUS findings using auto generated and free form conditions as needed


- Sign off authority for conditions related to calculation of income, assets, collateral, and credit


- Complete 3 initial underwrites per day, making any applicable changes, notes, and inputs in client's Loan Operating System (LOS)


- Clear conditions in Client's LOS as they are received from client


- Handle incoming calls and contact with Correspondents and other contacts in a polite and professional demeanor



The Successful Qualities (you really need)


- Current Credit Guideline Knowledge


- Current or Recent Underwriting experience (within past 3 years)


- Proficient in automated underwriting tools


- Detail Oriented


- Basic Computer Knowledge required in Excel, Word and Outlook


- Experience with Government Loans (FHA, VA, etc.)


- Able to work well within designated time frames for completion of work


- Must be flexible and able to work in a fast paced environment


We are an equal employment opportunity employer and will consider all qualified candidates without regard to disability or protected veteran status.

Keywords: , Boca Raton , Underwriter -, PR / Public Relations , Boca Raton, Florida

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other PR / Public Relations Jobs


Retail Personal Banker I
Description: font face Arial GENERAL FUNCTION: The Personal Banker I is a branch position focused on using the consultative sales process to proactively identify and meet the financial needs of customers or prospects. (more...)
Company:
Location: Lake Worth
Posted on: 04/8/2021

Front-End Mortgage Processor
Description: The Front- End Mortgage Loan Processor will be responsible for performing a variety of loan documentation duties on complex loan packages and ensure compliance with policies and procedures for loan products. (more...)
Company:
Location: Boca Raton
Posted on: 04/8/2021

CSR / Teller - Miramar Square BC - Part Time
Description: p font face Arial Banking Customer Service Representative /font /p br p font face Arial Job Description br / br If you are a dynamic and driven Customer Service Representative who has (more...)
Company:
Location: Miramar
Posted on: 04/8/2021


Front End Underwriters needed in Boca!
Description: Front End Underwriters - 27-32/hour - Boca Raton, FL br br Immediate need for experienced Front End Underwriters in the Boca Raton area seeking a great position within a Mortgage organization. (more...)
Company:
Location: Boca Raton
Posted on: 04/8/2021

Mortgage Processor
Description: Mortgage Processor - 17-24/hour - Boca/Maitland area br br Well known company is looking for experienced Mortgage Processors in the Boca Raton and Maitland areas to join their team on a Permanent (more...)
Company:
Location: Boca Raton
Posted on: 04/8/2021

Mortgage Processor
Description: Great Title company looking for a team player who enjoys working with clients office is fast paced but an extremely friendly office. This
Company:
Location: Deerfield Beach
Posted on: 04/8/2021

Mortgage Processor -
Description: Great Title company looking for a team player who enjoys working with clients office is fast paced but an extremely friendly office. This
Company:
Location: Deerfield Beach
Posted on: 04/8/2021

Retail Personal Banker Associate
Description: font face Arial GENERAL FUNCTION: Selected candidates will attend a 6-10 week on-boarding and education program that includes rotations in Operations and Sales amp Service. There will be a certification (more...)
Company:
Location: Lake Worth
Posted on: 04/8/2021

Senior Client Services Representative - Excellent Opportunity
Description: Excellent opportunity for an experienced Senior Client Services Representative If you are seeking a stable work environment, an employer
Company:
Location: Fort Pierce
Posted on: 04/8/2021

Acquisition & Conversion Specialist - Opportunity for Growth!
Description: Are you seeking a stable company that offers internal growth Are you seeking a competitive salary with generous benefits
Company:
Location: Jupiter
Posted on: 04/8/2021

Log In or Create An Account

Get the latest Florida jobs by following @recnetFL on Twitter!

Boca Raton RSS job feeds