Company Description

The EMAC Group is a provider of mortgage recruiting services, we offer an extensive network of mortgage professionals and proven expertise developed over 20 years of experience identifying, attracting and recruiting mortgage talent for our clients.

Job Description

Underwriter IV

Our client is a full service mortgage lender and servicer that is NMLS licensed and operates in over 20 states. They take pride in providing great service to their borrowers! Apply today to be part of this innovative and growing team!

Job Description:

Responsible for reviewing mortgage loan applications and rendering decisions within internal and regulatory guidelines.

Location: Remote

Essential Functions & Responsibilities:

-Determines the adequacy of income to meet expected financial obligations. Ensures potential borrower assets meet closing requirements and are derived from acceptable sources. Examines potential borrower credit and reviews the manner in which obligations have been met and managed. Investigates derogatory applicant credit.

-Review appraisals and ensure determined values are well documented, risks are appropriate and meet all guidelines of the applicable loan type. Reviews appraisal comparables. Sets conditions for property inspections if repairs are needed.

-Evaluates and assesses the collateral and capacity of mortgage loans.

-Approves or rejects loan application or requests additional information. Records loan rejection, specifying investor and company guidelines and basis for declining application.

-Completes all underwriting functions in accordance with various program requirements, company standards, and related legal and regulatory requirements. Maintains knowledge of underwriting requirements and policies, as well as investor and governmental guidelines. Stays informed of modifications and updates in software applications.

-Confirms documentation, reports and files are complete and accurate. Certifies that all lending conditions have been satisfactorily met prior to closing. Keeps management informed of area activities of any significant problems and provides suggestions for improvements in underwriting policies and procedures.

-Performs other job related duties as assigned.

Knowledge and Skills:

Experience

Five years of experience in mortgage underwriting.**FHA DE, VA SAR, and VA LAPP designations required.**

Education (1) A two year college degree or (2) Completion of a specialized course of study at a business or trade school or (3) Completion of a specialized and extensive in-house training or apprenticeship program.

Interpersonal Skills

Courtesy, customer service, and tact are essential elements of the job. Work involves much personal contact with others inside and/or outside the organization for purposes of giving or obtaining information, building relationships, or soliciting cooperation.

Other Skills

-Full understanding of FHA, VA and conventional underwriting requirements-Working knowledge of financial statements, credit reports, tax returns and appraisals.-Knowledge of lending programs, policies, procedures, and standards

-Posses sound judgement-Ability to communicate clearly and effectively, both verbally and in writing.

-Decision making/analysis skills Accountability and organizational skills-Solid time management skills to set priorities and meet deadlines

-Ability to work independently Attention to detail-Proficient in Microsoft Excel, Outlook and general PC applications

Additional Information

Please contact Tabitha Wolf at or cell: 720-315-8158 or 303-953-4748