National Operations Underwriting Specialist

Role Overview

• Responsible for providing a complex level of support to the National Operations Team and company lending activities for all areas of lending operations
• Trouble shoot questions and issues presented by company personnel, external investors/GSE’s, vendor partners, third party audits, etc.
• Daily review of internal service requests pertaining to underwriting related issues
• Monitor VA appraisals in the VA LGY portal and FEMA updates in AllRegs
• Review post-closing issues including resubmissions for LPA
• Possess a thorough understanding of loan programs/guidelines and lending requirements
• Provide consultation regarding viable loan alternatives
• Evaluate complex loan scenarios, loan applications, inspection, and financial reports to assess financial risk, including potential fraud
• Provide corporate review/signature on loans exceeding $1,000,000
• Review exception requests
• Review Post Close Quality Control findings as well as Repurchase Findings and resolve with additional documentation and/or explanation of decision made.
• Work with training to develop trending, and training to mediate findings
• Work with Operations Support to fix any system issues causing continued findings.
• Work with Operations Support to develop policy in relation to continued findings.
• Review closed loan files and prepare responses to investor and agency audits
• Create job aids, procedure manuals, and/or worksheets for various operations and underwriting functions in order to improve workflow
• Perform control testing on declined loans when assigned by compliance
• Provide ideas and feedback in the creation of corporate policies and procedures
• Complete special projects
• Other duties and/or mortgage related tasks as assigned by management

Requirements

• High School Diploma or equivalent required
• Minimum of 5 years mortgage industry experience required
• Underwriting experience required, FHA DE and VA LAPP/SAR certifications preferred
• Knowledge of FNMA, FHLMC, FHA, VA, and USDA guidelines
• Able to read and interpret documents such as promissory notes, regulatory and legal directives, and other industry related documents
• Able to interpret an extensive variety of technical instructions
• Able to apply basic math: compute loan amounts, income, and other mortgage related calculations
• Basic computer skills required: word processing, Excel spreadsheets, email, and mortgage software, including in depth knowledge of Automated Underwriting Systems (AUS)
• Fannie Mae Desktop Underwriter ®(DU®) and Freddie Mac Loan Product Advisor (LPA)

Benefits

• A full benefits package including medical, dental, vision, 401k, pet insurance and PTO
• Discounted home loans for employees and their family members
• HSA and FSA plans
• Professional opportunities for upward mobility, training, and personal development