Underwriter - Asset Management Firm - Doral, United States - Ascendo Resources

Description

Asset Management firm is seeking an Underwriter.

This role is responsible for analyzing Business Purpose bridge mortgage loans in compliance with company credit guidelines and regulatory requirements and ensure loan terms, LTV/LTC and ratios meet program guidelinesYour role:

Review loan files for completeness, identify missing documentation and review condition lists to see how clearedCommunicate with lender on trends, portfolio concentrations and guideline updates as neededReview and approve loan exceptions to the guidelinesReview sample entity documents to determine who are the members of the entity and who is authorized to sign the mortgage loan documents.

Ensure that the correct data is entered into the system and company pipeline management databaseWork with third party diligence provider to document a complete scope of work including valuation reviews, feasibility analysis and borrower experience levelsMaintain current knowledge of all loan products and origination requirements by keeping updated of all policies and procedures as well as federal and state regulatory changes by reviewing all updates and participating in in-house training eventsQualificationsBachelors Degree5+ years mortgage lending experience with good knowledge of lending regulations and credit/collateral analysis practices.

Experience underwriting fix & flip/hard money/business purpose preferred.
Strong written and verbal communication skills; must be able to adapt well to a fast-paced and constantly changing business environment;Strong PC skills; exceptional Excel skills,Comfortable with new technology systems and paperless environment,#J-18808-Ljbffr