Underwriter III

Guild Mortgage Company , closing loans and opening doors since 1960. As a mortgage banking firm we are dedicated to serving the home owner/buyer. Our goal is to provide affordable home financing for our customers, utilizing the best terms available while providing a level of professionalism and service unsurpassed in the lending industry. Position Summary The Underwriter III plays an important role in the organization by performing a number of activities related to the company’s retail operations functions. The role is primarily responsible, under intermittent to infrequent supervision, for underwriting conventional, FHA, VA, USDA, new construction, and condominium project loans according to company, secondary market investor, and government agency standards. This includes ensuring all tax, title, insurance, and closing documentation associated with the loan applications are accurate and complete, and approving or denying loan applications based on compliance with underwriting standards and risk management factors. The Underwriter III is considered the "go to" subject matter expert when the Lead/Supervisor/Manager is not available. Essential Functions Review and evaluate loan documents to ensure accuracy, completeness, and compliance with company standards, federal and agency standards and guidelines, as well as any applicable state-specific and or local regulations, ordinances, etc. Analyze customer’s loan-to-value ratio, debt-to-income ratio, credit report, application, income and assets, source(s) of down payment funds, and supporting documentation to identify potential fraud or misrepresentation. Review appraisals to ensure that loans meet secondary market, investor, and company standards. Work with Loan Processors and Loan Officers on collecting information and documentation necessary to finalize incomplete loan packages. Determine if additional documentation or information would aid loan decision; request additional documentation or information accordingly. Provide options and recommendations to borrowers regarding suitable loan programs. Stay abreast of current regulations and industry trends that #J-18808-Ljbffr Guild Mortgage Company