Mortgage Underwriter in Fairfield, NJ at Vaco

Date Posted: 9/11/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Fairfield, NJ
  • Job Type:
  • Experience:
    At least 4 year(s)
  • Date Posted:
    9/11/2020
  • Job ID:
    MORTG16560

Job Description

We are seeking an experienced mortgage underwriter with the proper qualifications listed below. Candidates will work from our corporate office in Fairfield, NJ. Absolute offers a great work environment, with friendly staff and a competitive bonus schedules designed to assist you in reaching your financial goals.

Required Skills:

  • Minimum of two years' recent retail underwriting experience.
  • Minimum of two years' Encompass Experience.
  • Knowledge of Desktop Underwriter
  • Knowledge of conventional and/or government guidelines, federal lending regulations governing real estate lending
  • Must show a strong capacity to address credit related issues, title, appraisal, and compliance.
  • Familiarity with Secondary Market requirements.
  • Thorough understanding of credit and an ability to review complex financial documents.
  • Ability to underwrite self-employed borrowers, tax returns, business returns etc.
  • Flexibility to work extended hours during heavy workload periods.
  • Ability to make credit recommendations.
  • Ability to meet production, quality and service standards along with providing direct coaching and feedback to ensure quality.
  • Ability to work in a fast-paced, high-volume environment, while practicing sound lending judgment.
  • Conventional and FHA experience required (applicant must have a CHUMS)
  • Maintain current and fluid knowledge of investor and agency guidelines. Must have experience working with multiple investors. VA and USDA experience a plus

Required experience:

  • Mortgage Underwriting: 2 years
  • Encompass (LOS): 2 years
  • DE/VA/203K