Mortgage Underwriter (Kirkland, WA)

Mortgage Underwriter

Underwrites residential loans ensuring compliance with appropriate company secondary market Investor standards and all applicable laws. The Underwriter will be responsible for examining loan documentation for accuracy and completeness is involved in one or several types of mortgage lending including but not limited to conventional FHA and VA loans. Must be able to underwrite wholesale and retail loans within the company and industry guidelines. The Underwriter will also be working with Loan Originators Branch Managers and Processors to secure all required documents. Essential Duties and Responsibilities Underwrites Conventional FHA VA and Special Program loans to verify for completeness accuracy and compliance Develops and maintains an up to date and sound knowledge of multiple loan product guidelines offered by the company DU LP guidelines and risk assessment tools used to decision mortgage loans Reworks loans to new terms identifies additional conditions as needed to insure a viable credit decision Reviews and evaluates borrower(s) profile including but not limited to all income documentation tax returns credit reports preliminary report judgments bankruptcy documents and appraisals Analyzes and calculates income documentation such as personal and business income statements and ensures all necessary documentation is requested to support final loan decisions Exercises good judgment conducts reasonableness tests and issues quality decisions Determines accuracy and completeness of files ensures processes are consistent Demonstrates proficiency in automated underwriting systems (DU LP) Maintains a sound knowledge of secondary market activity practices and business industry practices as they impact underwriting quality and origination activity Maintains pre-established service level standard of decisions within a 48-hour time frame set by the company Communicates regularly with sales team processors and management Assists in the preparation of repurchase responses and or rebuttal reviews Disclaimer Job description is not a complete list of duties. The Underwriter must be self-sufficient and show the initiative to self-educate industry product and program guidelines. Qualifications 10 years of current frontline mortgage Underwriting required Appraisal review and tax return analysis skills required Prior credit signing authority a plus Must have a current FHA Chums DE underwriting ID number with a minimum of two years experience in underwriting FHA loans. VA LLAP preferred but not required. Experience with repurchase response and or rebuttal review and response preparation High School diploma or equivalent Secondary market experience a plus Understanding of TILA RESPA and Predatory Lending Strong analytical and decision making problem solving skills Possess a keen eye for accuracy attention to detail and ability to handle a high volume work load Excellent interpersonal organizational prioritization and time management skills Proficient in computers including LOS systems Microsoft Office and Excel. Ability to adapt learn utilize multiple software programs. Experience with paperless environment preferred. Ability to type use a keyboard with sufficient speed to meet job demands Ability to deliver effective results and to meet deadlines with minimal supervision Self-starter adapt to a changing environment and have the ability to communicate and work well with Investors and co-workers Possess clear concise and effective written and oral communication skills Professional demeanor in appearance interpersonal relations work ethic and attitude BENEFITS 80 000 per year. Healthcare Vision Dental 401K 401K matching Las Vegas based Mortgage Bank Downtown Kirkland Branch hire Working Hours 9 00 am -5 30pm PST Salary 80 000.00 year Required experience 10 years of current frontline mortgage Underwriting required