REMOTE Mortgage Underwriter - Direct Hire AND Contract in 100% Remote Opportunity at Vaco

Date Posted: 9/3/2020

Job Snapshot

Job Description

The Mortgage Underwriter uses expertise to underwrite conventional residential mortgage loan files and ensuring accurate, timely and compliant decisioning of loan files while providing our partners, clients and customers with a 5-start customer service experience!

Reports to and collaborates with Underwriting Manager to assess risks of prospective clients and determine the appropriate rate for the loan. The Underwriter will perform a wide range of duties related to the risk evaluation of clients by analyzing and compiling historical data and market conditions or trends. Must be able to collaborate with Loan Processors to provide information regarding the client and correspond effectively with clients for additional information. Must possess strong interpersonal and analytical skills.


Principal Responsibilities include but are not limited to:

* Assessing the risks and creditworthiness of prospective clients.

* Collaborating with Loan Processors to ensure organizational objectives are met.

* Obtaining sufficient information and/or documentation from customers through collaboration with Loan Processors.

* Coordinating processing of approved loans and ensuring loans are processed according to agreement customer needs and conform to lending policies.

* Solving problems relative to processing and servicing of loans within the portfolio.

* Providing updates and clarification on outstanding conditions and deficiencies identified on loans.

* Interpreting underwriting guidelines and ensuring the legality of all underwriting processes.

* Being responsible for duties as assigned.

Required Knowledge, Skills and Abilities:

* Must have DE and/or SAR

* Encompass Experience preferred

* Working knowledge of lending policies and regulations

* Advanced analytics skills

* Working knowledge of underwriting applications ability to assess the results given

* 1-2 years of Mortgage Underwriting experience

Candidate should also possess:

* Strong communicator with interpersonal skills

* Strong collaboration skills

* Working knowledge of FNMA, FHLMC

* Strong organization skills

* Positive attitude

* Strong attention to detail and ability to meet deadlines

* Sound judgment skills and prudent deductive reasoning skills

* High level of integrity and a strong work ethic

Preferred Knowledge, Skills, and Abilities:

* Full Condo Review Experience

* Home Ready, Home Possible Experience

* Fannie Mae and Freddie Mac

* DE and/or SAR

* Front-end mortgage underwriting

Job Requirements

Required Knowledge, Skills and Abilities: • Must have DE and/or SAR • Encompass Experience preferred • Working knowledge of lending policies and regulations • Advanced analytics skills • Working knowledge of underwriting applications ability to assess the results given • 1-2 years of Mortgage Underwriting experience Candidate should also possess: • Strong communicator with interpersonal skills • Strong collaboration skills • Working knowledge of FNMA, FHLMC • Strong organization skills • Positive attitude • Strong attention to detail and ability to meet deadlines • Sound judgment skills and prudent deductive reasoning skills • High level of integrity and a strong work ethic Preferred Knowledge, Skills, and Abilities: • Full Condo Review Experience • Home Ready, Home Possible Experience • Fannie Mae and Freddie Mac • DE and/or SAR • Front-end mortgage underwriting