Mortgage Underwriter

About the Role: We are seeking a skilledMortgage Underwriterwith expertise in the4 C’s of underwriting (Credit, Capacity, Collateral, and Capital)to join our team. The ideal candidate will have experience in risk assessment, income calculations, and property evaluation, ensuring compliance with underwriting guidelines and regulatory standards. Key Responsibilities: Underwriting Activities:Review, analyze, and approve/deny mortgage applications based on risk assessment and investor guidelines. 4 C’s of Underwriting:Evaluate borrower’sCredit, Capacity, Collateral, and Capitalto determine loan eligibility. Income Calculation:Assess borrower income using tax returns, W-2s, pay stubs, and financial statements. Risk Assessment:Analyze creditworthiness, property valuation, and overall lending risks to ensure sound decision-making. Compliance & Quality Control:Ensure adherence to federal, state, and investor regulations, maintaining high-quality underwriting standards. Collaboration:Work closely with loan officers, processors, and other stakeholders to streamline the underwriting process. Requirements: Experience:Minimum 2 years in mortgage underwriting, preferably in US residential loans. Certifications (Preferred):DE (Direct Endorsement) for FHA loans, SAR/LAPP for VA loans. Attention to Detail:Strong analytical skills to assess financial documents and property risks accurately. Communication:Ability to articulate underwriting decisions effectively to internal teams and external stakeholders.

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