Mortgage Loan Underwriter

Mortgage Underwriter  

Specific Qualifications 

• Applicants must have 3-5 years of verifiable, recent front-line underwriting experience to be considered. Experience in Encompass is preferred. The position can be remote in the U.S. or in our Des Moines, Iowa office. 

Responsibilities 

• Analyze mortgage loan files, including the application, income, and credit documentation along with collateral to ensure compliance with company policies and adherence FNMA, FHLMC, FHLB and USDA guidelines.  
• Assess the risk for each loan application for potential fraud or misrepresentations and ensure that all fair lending compliance policies are followed 
• Ensure the documentation is consistent and upholds to company, industry, and Investor guidelines 
• Recommend credit decisions to management on requests exceeding assigned lending authority of Conforming Loan Limits  
• Uses escalation process for decisions that may not meet underwriting policies and procedures 
• Researches, analyzes, and responds to internal and external customer questions and concerns in order to come to an agreeable solution 
• Communicates effectively with client on outstanding requirements and conditions  
• Meets Gooi Mortgage policy on turn time requirement of 48 hours for review of new and resubmitted files 
• Identify and develop underwriting policy and procedure recommendations to improve underwriting and risk management practices 
• Underwriter will work to exceed customer’s expectations 

Qualifications 

• MUST HAVE 3-5 YEARS RECENT FRONT-LINE UNDERWRITING EXPERIENCE  
• Strong analytical skills including interpreting complex data with accuracy 
• Working knowledge of conventional products to include FNMA, FHLMC, FHLB and USDA   
• Thorough understanding of underwriting policies and procedures, including investor guidelines 
• Ability to make independent judgement calls based on regulatory knowledge 
• Able to build and maintain professional relationships with clients, customers, loan officers and co-workers 
• Time management and organizational skills to effectively prioritize multiple objectives and achieve volume goals 
• Excellent verbal, written and interpersonal communication skills 
• Basic Microsoft office skills 
• Must pass background screening 
• Encompass experience preferred 

Benefits 

• Position can be remote in the U.S. or in our Des Moines, Iowa office 
• Family-oriented culture that values work/life balance 
• Comprehensive benefits package
• Voluntary 401(k) 
• Open PTO and paid holidays