What are the responsibilities and job description for the Non-Delegated Mortgage Underwriter IV (Jumbo/High-net Worth) position at AmeriHome Mortgage Company, LLC?
Job Title
Non-Delegated Mortgage Underwriter IV (Jumbo/High-net Worth)
Location:
AZ Remote
What You'll Do
As a Mortgage Underwriter IV you'll be responsible for underwriting Jumbo and Non-Agency loans by reviewing the credit, capacity and collateral characteristics of loan files to ensure it meets company and investor quality standards. You'll be responsible for reviewing and clearing underwriting conditions on Jumbo and High-Net Worth loans in compliance with current guidelines and overlays.
We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
About The Company
AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
© Western Alliance Bancorporation
Non-Delegated Mortgage Underwriter IV (Jumbo/High-net Worth)
Location:
AZ Remote
What You'll Do
As a Mortgage Underwriter IV you'll be responsible for underwriting Jumbo and Non-Agency loans by reviewing the credit, capacity and collateral characteristics of loan files to ensure it meets company and investor quality standards. You'll be responsible for reviewing and clearing underwriting conditions on Jumbo and High-Net Worth loans in compliance with current guidelines and overlays.
- Manage individual pipeline on a daily basis by completing Jumbo and High-Net Worth loans, Non-Agency and complex Underwriting Reviews, Conditions Reviews and other Underwriting Tasks within established turn times.
- Identify any document deficiencies, request additional information and/or documentation from Clients as needed.
- Analyze complex income sources, including self-employed income, K-1s, and tax returns.
- Evaluate credit reports, asset statements, and complex appraisals.
- Ensure compliance with investor, federal, and internal guidelines.
- Maintain awareness of regulatory changes and investor overlays.
- Navigate and interpret all Agency, Non-Agency and company guidelines.
- Assist other department personnel in interpreting underwriting guidelines, update loan status and complete all necessary tasks assigned to loan.
- Contact clients to provide updates and clarification on outstanding conditions and deficiencies identified on loans.
- Experience associated with client-initiated scenario questions and ability to provide live assistance with loan structure and solution-based guidance.
- 8 years of related experience in Mortgage Industry, Residential Mortgage Loan underwriting or similar field.
- High school diploma required.
- Advanced knowledge of residential mortgage industry in Correspondent or Retail Lending; including sales, operations, and/or other residential mortgage products and services.
- Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
- Advanced knowledge of FNMA, FHLMC, FHA, VA and USDA Guidelines.
- Intermediate knowledge of MS Office products.
- Intermediate knowledge of Encompass.
- Advanced speaking and writing communication skills.
- DE or SAR certification required.
We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
About The Company
AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
© Western Alliance Bancorporation