What are the responsibilities and job description for the Mortgage Underwriter position at Beeline Loans?
Mortgage Underwriter
We are seeking a skilled and detail-oriented Underwriter to join our team. As an Underwriter, you will play a crucial role in evaluating and assessing loan applications to determine their creditworthiness and adherence to lending guidelines.
Responsibilities:
- Manage an underwriting pipeline for initial, condition review, and final review of loans.
- Experience with DSCR, Conventional, FHA, VA, and HELOC loan applications and documentation, ensuring adherence to company, federal, agency, and investor guidelines.
- Assist with underwriting questions, scenarios, and challenges.
- Assess customers' loan-to-value ratio, debt-to-income ratio, credit report, application details, income, assets, and down payment sources to detect potential fraud or misrepresentation.
- Demonstrate proficiency in analyzing various types of tax returns.
- Validate accuracy between company systems and Automated Underwriting System (AUS).
- Uphold loan quality and accuracy standards with each transaction.
- Evaluate appraisals to confirm alignment with secondary market, investor, and company criteria.
- Analyze condo documents to ensure it aligns with approval guidelines.
- Conduct a thorough analysis of title work to ensure accuracy and compliance.
- Experience in self-employment income calculations
- Strong background in DSCR loans
Skills and Requirements:
- DE (Direct Endorsement) and VA Certifications preferred
- Knowledge of credit scoring and risk assessment
- Excellent customer service skills
- Proficiency in underwriting software and tools
- Proven ability to collaborate and problem-solve with other mortgage partners
- Strong attention to detail and accuracy
- Strong planning and organizational skills
- Ability to work independently and in a team
- Ability to multitask and be comfortable working at a fast pace
- Demonstrate strong interpersonal skills
Benefits
- Health Insurance
- Dental Insurance
- Vision insurance
- Life & disability insurance
- 10 days of personal/sick time per year - available upon starting
- 3 weeks of vacation time per year accrued per pay period
- 401(k)
About Beeline
We are revolutionizing the home loan process to replace fear and uncertainty with respect and peace of mind. Offering diverse mortgage products, we empower customers to reach closing effortlessly with our user-friendly technology.
Beeline is an Equal Opportunity Employer that welcomes and encourages all applicants to apply regardless of age, race, sex, religion, color, national origin, disability, veteran status, sexual orientation, gender identity and/or expression, marital or parental status, ancestry, citizenship status, pregnancy or other reason protected by law.