Underwriter

Job Title: UnderwriterLocation: Wayne, PAPay: $35.00 per hour (non-exempt – hourly)Join an Innovative Manufactured Home Lender Revolutionizing the Industry!autoMHatic Financial is a private equity-backed lender specializing in Manufactured Home loans. Formerly known as Tammac Holdings, we've originated over $1 billion in loans over 50 years. We're innovators – launching groundbreaking products and leveraging technology to bring speed, service, and solutions to our customers and partners, including a loan decision within a minute! Our goal is to revolutionize the Manufactured Housing industry.But that's just the beginning of our story. We're embarking on an exciting transformation, ushering in a new era of financial services. Our focus? Launching innovative products, streamlining processes through automation, and harnessing the power of technology to redefine speed, service, and solutions for our valued customers.At autoMHatic Financial, we're pioneers in our field. With instant loan decisions and a cutting-edge mobile app, we're not just adapting to change—we're driving it. Our goal? To dominate the Manufactured Homes lending space and set new standards of excellence.Ready to be part of something extraordinary? Join us as we shape the future of finance, one innovative solution at a time. Explore our exciting career opportunities today! #autoMHaticFinancial #NowHiringSummary:An underwriter evaluates and assesses risks associated with insurance policies, loans, investments, or other financial products to determine their eligibility for coverage or financing. They analyze data, financial statements, and other relevant information to make informed decisions that align with company policies and regulatory requirements.Duties/Responsibilities:Receives & processes loan applications for manufactured home loansUtilize internal and external loan operating system to ensure accurate data entry.Underwrite loans in accordance with established guidelines.Maintain a solid understanding of all relevant state and federal laws and regulationsMaintain current knowledge of client and investor requirementsPerform complete and in-depth review of loan files including income, assets, credit and collateralCalculate debt to income ratio calculations by reviewing paystubs, W2’s and/or tax returns as necessaryAbility to identify and/or clear red flag or alertsIssue loan decision and condition file accordinglyReview and approve conditions for compliance and completion of loan fileCoordinates and prepares loan documents and adverse action notices, delivering within required specified timelinesResolve pre- and post-closing issues as they relate to underwritingProvide counseling to applicants regarding their loan decision in a timely manner within company standards and guidelines.Assist Processors, Sales Staff, and partners in understanding underwriting decisions and conditionsProvide outstanding customer service to internal and external clientsComply with updates and changes to loan programs and proceduresMaintain all records in accordance with company procedures and file all related documentation in appropriate information and filing systems.Schedule:Monday to Friday with at least one Saturday a month.8 hours per day/day shiftWork Shift will vary and require later shift starts. This will be determined by your supervisor.Benefits:Dental InsuranceHealth InsuranceLife InsurancePaid time offVision Insurance401KWork Location:In person at office in Wayne, PA – This is NOT a hybrid or remote role.Required Skills/Abilities:Ability to work independently and problem solveProfessional attitude and behaviorEffective verbal and written communication skillsExcellent interpersonal and customer service skillsStrong organizational skills and attention to detailExcellent time management skills with an ability to prioritize tasks to meet deadlinesAbility to function in a high-paced environment and work as part of a dynamic and productive teamGood analytical skillsProficient with Word, Excel, & OutlookExperience:Have a minimum of 2 – 4 years consumer underwriting experienceStrong knowledge of income calculations, tax returns, reading credit reports, identifying red flag,Basic knowledge of appraisal and ability to recognize red flags and ineligible propertiesAbility to review legal documentation, title reports, insurance policies, flood certificatesExperience in Microsoft Word and Excel, as well as the ability to develop a working knowledge of other programs and systemsAbility to identify problems and develop procedures to resolve or correct situationsPhysical Requirements:Prolonged periods of sitting at a desk and working on a computer.Must be able to lift up to 15 pounds at times #J-18808-Ljbffr autoMHatic Financial