What are the responsibilities and job description for the Underwriter position at DHI Mortgage?
Description
D.R. Horton, Inc., the largest homebuilder in the U.S., was founded in 1978 and is a publicly traded company on the New York Stock Exchange. It is engaged in the construction and sale of high quality homes designed principally for the entry-level and first time move-up markets. The Company also provides mortgage financing and title services for homebuyers through its mortgage and title subsidiaries. Please visit our website at www.drhorton.com for more information.
D.R. Horton, Inc. is currently looking for an Underwriter in the Underwriting Department. The right candidate will be responsible for the underwriting of manual loans or the validation of automated findings on government loans (FHA and VA).
Essential Duties and Responsibilities include the following. Other duties may be assigned.
Education and/or Experience
D.R. Horton, Inc., the largest homebuilder in the U.S., was founded in 1978 and is a publicly traded company on the New York Stock Exchange. It is engaged in the construction and sale of high quality homes designed principally for the entry-level and first time move-up markets. The Company also provides mortgage financing and title services for homebuyers through its mortgage and title subsidiaries. Please visit our website at www.drhorton.com for more information.
D.R. Horton, Inc. is currently looking for an Underwriter in the Underwriting Department. The right candidate will be responsible for the underwriting of manual loans or the validation of automated findings on government loans (FHA and VA).
Essential Duties and Responsibilities include the following. Other duties may be assigned.
- Receive daily loans for underwriting that have been assigned by the Regional Underwriting Manager
- Maintain responsibility for the underwriting of manual loans or the validation of automated findings on government loans (FHA and VA)
- Prioritize RUSH’s, Collateral Underwriter conditions, and newly submitted loans to meet the required turn-around time, acting on a minimum (if volume is present) of 100 loans monthly
- Maintain full delegation with FHA Direct Endorsement and VA Automatic with LAPP approval
- Indicate the conditions and approvals and enter the information into the Loan Origination System or Empower
- Act and approve all appraisals and complete the FHA Conditional Commitment and the VA NOV’s when applicable
- Review and make decisions on bond loans and conventional loans from various investors and be proficient with all guidelines
- Upon rejection of a loan, notify the branch of their recommendation and submit the loan to the Regional Underwriting Manager for an in-depth second review
- Maintain frequent contact with the Processors, Mortgage Loan Originators and Branch Managers
- Conduct all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
Education and/or Experience
- High school diploma or general education degree (GED)
- One to two years of experience in the mortgage industry
- Proficiency with MS Office and email
- Bachelor's degree from four-year college or university preferred
- FHA Direct Endorsement preferred
- Strong written and oral communication skills
- Excellent organizational skills and the ability to meet deadlines
- Ability to accurately and efficiently process and record a large volume of data
- Medical, Dental and Vision
- 401(K)
- Employee Stock Purchase Plan
- Flex Spending Accounts
- Life & Disability Insurance
- Vacation, Sick, Personal Time and Company Holidays
- Multiple Voluntary and Company provided Benefits
