Reverse Mortgage Underwriter - Henderson, United States - SummitHR

SummitHR Henderson, United States

5 days ago

Description

Job Description

The HECM (Reverse) Underwriter position underwrites residential loans ensuring compliance with appropriate company, secondary market Investor standards, and all applicable laws. Examines loan documentation for accuracy and completeness. Partners with Loan Originators, Branch Managers and Processors to secure all required documents.

Essential Job Functions-Description:

Follows prescribed guidelines, receives and reviews loan applications and associated documentation to ensure thoroughness and accuracy according to HECM guidelines, policies and procedures
Maintains acceptable turn times for initial decisions and condition reviews in accordance with Department expectations
Interacts with Quality Control, Compliance, and Funding for problem resolution, risk evaluation and compliance concerns
Develops and maintains sound knowledge of HECM product guidelines offered by the company, and risk assessment tools
Reworks loans to new terms, identifies additional conditions as needed to insure a viable credit decision
Reviews and evaluates borrower(s) profile including but not limited to all income documentation, tax returns, credit reports, preliminary report, judgments, bankruptcy documents and appraisals and ensures all necessary documentation is requested to support final loan decisions
Demonstrates proficiency in manual underwriting policies and procedures
Maintains a sound knowledge of secondary market activity, practices, and business/industry practices as they impact underwriting quality and origination activity
Communicates and maintains good relationships with loan originators, management, processor
Demonstrated experience with MS Office products

Experience Required:

3+ years of Residential Loan underwriting experience
DE certification and recent FHA underwriting experience preferred
Solid knowledge and understanding of FHA/HECM policies and procedures
Solid knowledge and understanding of various fraud tools
Demonstrated experience working in a fast paced and changing environment
Demonstrated experience effectively managing relationships with internal and external partners
Prior mortgage processing experiencer preferred
Demonstrated experience with repurchase response and/or rebuttal review and response preparation
Demonstrated experience reporting, analyzing, interpreting, and critical thinking

Information: Not part of the job description

Physical Environment: This position is primarily a remote position. Access to a quiet space at home and reliable internet is required.

Travel: Local travel may be required for company or career-related meetings, programs and/or events.

To see new and updated job postings and job postings similar to this, please follow us on LinkedIn:

Job Posted by ApplicantPro

Underwriter (Non-Mortgage Industry ONLY APPLY)

6 days ago

BriteCap Financial, LLC Las Vegas, United States

Job Description · Job DescriptionUnderwriter (Non-Mortgage Industry)We are an alternative financing company that provides working capital cash advances to small and medium-sized businesses to fuel their growth and prosperity. Unlike traditional banks, we provide extremely rapid a ...
Loan Originator GV- District

5 days ago

Streamline Home Loans Henderson, United States

Job Description · Job DescriptionSalary: DOE · At Streamline Home Loans we are comprised of leaders, go-getters, innovators, and collaborators, and we function as one big extended family. Streamline is hungry and growing rapidly, and if you ask one of our team members, they will ...
Loan Processing Assistant

1 week ago

Guild Mortgage Company Henderson, United States Full time

Guild Mortgage Company , closing loans and opening doors since 1960. As a mortgage banking firm, we are dedicated to serving the homeowner/buyer. Our goal is to provide affordable home financing for our customers, utilizing the best terms available while providing a level of prof ...
Loan Originator

5 days ago

Streamline Home Loans Henderson, United States

Job Description · Job DescriptionSalary: · At Streamline Home Loans we are comprised of leaders, go-getters, innovators, and collaborators, and we function as one big extended family. Streamline is hungry and growing rapidly, and if you ask one of our team members, they will tel ...
Funder, Corporate Operations

1 week ago

Freedom Mortgage Henderson, United States Full time

Summary: · The Funder, Corporate Operations will review and input of necessary information to set up the wire for disbursement accordance with Freedom guidelines. Employee will review closing documents, loan disclosures, compliance timelines, and fees on the final Closing Disclo ...
Community Lending Officer

1 week ago

Citigroup Inc. Las Vegas, United States

The Community Mortgage Lending Officer is an entry level position responsible for driving mortgage sales and client relationships through engagement with community clients, diverse real estate agents, and affordable housing non-profit partners in coordination with the Consumer Pr ...
Managing Director

5 days ago

CORE ADVISORY PARTNERS LLC Las Vegas, United States

Job Description · Job DescriptionCompany: Sahara Investment Group · Location: [Location] TBD- · Job Type: Full-Time · Location: Las Vegas, NV, Boise, ID, Utah · About the Firm: · Sahara Investment Group ("SIG" or the "Firm") is a direct lender in commercial real estate, leveragin ...
Sen. Associate

5 days ago

CORE ADVISORY PARTNERS LLC Las Vegas, United States

Job Description · Job DescriptionJob Title: Senior Associate (Underwriting & Asset Management) · Company: Sahara Investment Group · Location: Las Vegas, NV · Job Type: Full-Time · About the Firm: · Sahara Investment Group ("SIG" or the "Firm") is a direct lender in commercial ...
Loan Originator

5 days ago

Streamline Home Loans Las Vegas, United States

Job Description · Job DescriptionSalary: Commission · At Streamline Home Loans we are comprised of leaders, go-getters, innovators, and collaborators, and we function as one big extended family. Streamline is hungry and growing rapidly, and if you ask one of our team members, the ...