What are the responsibilities and job description for the Mortgage Loan Underwriter position at Grand Pacific Financing Corp.?
We are looking for a detail-oriented mortgage underwriter to grow with our team! You’ll be responsible for analyzing and verifying real estate loan applications while evaluating risks and making loan decisions. The ideal applicant has a thorough understanding of the latest industry trends and is able to organize and prioritize their tasks efficiently and effectively. If you’re ready to take the next step in your mortgage career and contribute to a supportive, growth-focused team, we’d love to hear from you!
Compensation:
$68,000 - $72,000
Responsibilities:- Ensure once all information is gathered that it is accurate, compliance standards are met, and it is in congruence with company policies
- Review all mortgage applications and supporting documents to ensure all necessary information is included for approval
- Conduct a thorough search of clients’ financial and employment history to ensure accuracy of application and documents
- Document in detail reasons for approving or rejecting a loan for our loan officers and clients
- Request additional information as needed on all documents to help determine loan risk
- Perform underwriting due diligence, including analyzing loan packages, working with loan officers and clients in collecting information, conducting independent research and verifications, studying and analyzing professional third-party reports such as appraisal and environmental reports, conducting site inspections
- Prepare credit write-ups
- Work with the Document Department in loan closing
- Prepare loan extension or other amendment write-ups
- Review and monitor loans post-closing
- Prepare departmental forms, reports, and notices
- Provide client services
- Familiarity with home loans and residential mortgages such as FHA, USDA, VA, conventional loan guidelines, and loan products
- Knowledgeable in automated underwriting systems and Microsoft office
- Excellent decision-making and communication skills
- At least 2 years of mortgage underwriting experience or mortgage lending experience required
- Bachelor’s degree in business, finance, or a related field
- Bachelor's degree in business or related field
- At least 2 years of experience in commercial loan underwriting
- Proficient in Microsoft Office
- Demonstrates good communication skills
- Excellent time management skills
Grand Pacific Financing Corp. is an established, well-capitalized direct lender nationwide. Our parent company is a publicly traded company with a presence in major Southeast Asian cities. Our lending philosophy is flexible and creative.
We offer a competitive salary with an excellent benefits package:
- Medical, Dental, and Vision Insurance
- 401(k) with Employer Match
- Paid Holidays
- Paid Vacation
- Paid Sick Days
- Life Insurance
- Long-term Disability Insurance.
Salary : $68,000 - $72,000
