Collateral Underwriting

Company Description

Prosperity Home Mortgage, LLC is a full-service mortgage banker specializing in residential and refinance loans. Offering a diverse range of mortgage products, including fixed and adjustable-rate mortgages, jumbo loans, FHA, VA loans, and renovation financing, the company is dedicated to serving a wide range of homebuyers. Prosperity Home Mortgage operates under NMLS ID #75164 and holds licensing in numerous states, ensuring reliable and compliant services. Headquartered in Fairfax, VA, the organization prioritizes client-focused solutions tailored to meet individual needs. Their commitment is to empower homeownership and financial well-being across the United States.

Role Description

This is a full-time remote role for a Collateral Underwriter. The individual will evaluate residential property appraisals to ensure compliance with federal and company guidelines, assess valuation risks, and determine property acceptability. Day-to-day tasks include analyzing appraisal documentation, ensuring accuracy in property valuation, and effectively communicating findings to stakeholders. The Collateral Underwriter will also provide guidance to appraisers, loan officers, and other team members to maintain strong industry standards and operational excellence.

Qualifications

• Experience with collateral underwriting processes, property valuation assessment, and appraisal reviews
• Strong analytical abilities and proficiency in data-driven decision-making
• Knowledge of regulatory guidelines, residential mortgage appraisal standards, and compliance requirements
• Proficiency with underwriting and valuation tools, software, and related systems
• Excellent communication, team collaboration, and problem-solving skills
• Ability to work effectively in a remote environment with minimal supervision
• Bachelor’s degree in a related field or equivalent professional experience in underwriting or real estate appraisal
• DE/SAR