- Reviews loan application and supporting documentation according to PMLLC and specific investor guidelines. Reviews files based on the traditional guidelines or AUS findings as appropriate and verify initial file documentation supports findings. Issues credit decision based on underwriting review in combination with eligibility elements in the file. Returns underwriting decisions in the form of an approval with all appropriate conditions, a suspension with detailed reasons, or a denial with detailed reasons.
- Resubmits loan files as needed through automated system for updated or final submission. Reviews updated documentation and issues final loan decision. Reviews and clears conditions as needed to complete loan file.
- Is available to Loan processors, Closer and Loan counselor for questions on specific loan files and interpretation of feedback reports from automated systems. Provides feedback on quality of loan submissions by completing underwriting feedback form.
- Maintain acceptable quality control finding percentage and responds timely to audits.
- Participates in Underwriting Meetings and on project teams as needed.
- Reviews loans which receive an automated underwriting finding of refer or caution to determine if there is an ability to issue an approval based on the credit risk of the loan. Suggests alternative loan programs by restructuring the loan.
- High school diploma or equivalent
- Minimum 3-5 years prior Mortgage Underwriting experience
- Experience in underwriting conventional conforming, VA, and FHA
- SAR and CHUMS certifications preferred.
- Jumbo and USDA underwriting experience is a plus.
Underwriter (Pulte Mortgage) - Scottsdale, United States - pulteGroup
Description
This position will be remote, but if in the Englewood, Colorado location, must go into the office once per month.
JOB SUMMARY:
Primary responsibility for identifying, analyzing, and evaluating loan risk by underwriting conventional and government loans to investor and regulatory underwriting guidelines. Underwriter to ensure that loans are approved within the terms of Pulte policy and procedures.
DUTIES AND RESPONSIBILITIES (in order of importance):
REQUIRED EDUCATION
REQUIRED EXPERIENCE
Salary Range: $36.45 to $45.68 hourly depending upon experience.
This position is also eligible for monthly incentives based on the successful completion of defined performance objectives.
#LI-KC1
#REMOTE
PulteGroup, Inc. and its affiliates do not accept unsolicited resumes from individual recruiters or third party recruiting agencies (collectively, "Recruiters") in response to job postings. If Recruiters nevertheless submit one or more unsolicited resumes to any employee at PulteGroup, Inc. or its affiliates without a valid written agreement in place for this position, it will be deemed the sole property of PulteGroup, Inc. and its affiliates. No fee will be owing or paid to Recruiters who submit unsolicited candidates, in the event the candidate is hired by PulteGroup, Inc. or its affiliates as a result of the referral, without a written agreement between PulteGroup, Inc. and through any means other than via our Applicant Tracking System.
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law. We will provide a reasonable accommodation to a qualified applicant with a disability that will enable the individual to have an equal opportunity to participate in the application process and to be considered for a job.
All employees must be committed to fair and nondiscriminatory lending, in conformity with the Equal Credit Opportunity and Fair Housing acts, and to compliance with all applicable laws, regulations and company policies. Employees must act responsibly in their efforts to provide financial services to Pulte customers and to provide support to Pulte's core purposes.
All offers of employment are contingent upon clear results of a comprehensive pre-hire background check including credit, criminal, education and employment.
This Organization Participates in e-Verify
California Privacy Policy