Underwriter, Retail Centralized, II

Underwriter, Retail Centralized, II
Job ID
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Carrington Mortgage Services, LLC
Position Type
More information about this job:
Carrington Mortgage Services is a fully integrated mortgage company with mortgage lending and servicing operations and an affiliated real estate brokerage. We are part of Carrington Holding Company, LLC , which owns and operates multiple businesses that cover virtually every aspect of single family residential real estate transactions.
Why Carrington
Competitive Base Pay plus Monthly Incentive
+ 3 Weeks-Vacation
+ Advancement Opportunities
+ Strength and Stability
+ Diverse Product Mix. Ability to go down to a 550 FHA Fico
+ Full Medical Benefits-
Are you a DE or VA Underwriter that is interested in being a part of an entrepreneurial and dynamic organization that is re-setting the bar for an entire industry?
We are actively recruiting an experienced DE and a VA Underwriter who will add value to our team of mortgage professionals. You are the highest-level underwriter designation within the underwriting team. This includes ensuring that loan requests meet program and product specifications or counteroffer to a different product and/or program when appropriate. In addition, you will communicate decision (approval, suspense, denial) to appropriate individuals. ? Underwrites residential loans ensuring compliance with appropriate company and secondary market investor standards. ? Examines loan documentation for accuracy and completeness. ? Works with loan originator or production staff to secure all required documents. ? Works with more senior underwriters on loan exceptions. ? Have authority to withdraw and decline loans. ? May be involved in one or several types of mortgage lending (conventional and government-backed, etc.) ? May be involved in one or several types of mortgage lending (conventional and government-backed
Duties and Responsibilities: ? Perform a thorough analysis to ensure the quality of each loan and to determine compliance with Company and Investor guidelines ? Apply and interpret company underwriting guidelines and make sound credit decision ? Complete credit, income analysis of loan, ensure proper audits are completed and verify consistency of loan file information ? Review and evaluate credit information on mortgage loan documents to determine acceptability for specific loan programs ? Determine any conditions, stipulations or pre-funding requirements ? Review any conditions, stipulations or pre-funding requirements received ? Communicate with Account Executives, Operations Manager, and Production Manager as required to resolve outstanding issues ? Assist departmental support staff when necessary ? Perform other related duties as assigned
+ Two to five years of mortgage underwriting work experience
+ Loan Origination System, DU, LP and other AUS experience preferred.
+ FHA Direct Endorsement designation preferred.
+ Experience working in a paperless environment preferred.
EEO/AAP Employer c05a2410ce29470e8abad2a6c4b1b2f2

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