Mortgage Originator, Full Time

Job Type

Full-time
Description
About the job
Responsibilities
We are seeking an experienced Mortgage Underwriter with proficiency in both conventional and government loan programs. The ideal candidate will possess a thorough understanding of mortgage lending guidelines, strong analytical skills, and the ability to make sound lending decisions while adhering to regulatory requirements.
Qualifications

Review and analyze mortgage loan applications to ensure accuracy, completeness, and adherence to underwriting guidelines for both conventional and government loan programs (FHA, VA, USDA).
Assess borrower's financial documents including income, assets, credit history, and employment to determine creditworthiness and risk.
Evaluate property appraisals and collateral to ensure they meet lending requirements and guidelines.
Calculate debt-to-income ratios and other financial metrics to assess borrower's ability to repay the loan.
Communicate effectively with loan officers, processors, and other stakeholders to obtain additional information or clarification on loan files.
Issue loan approvals or denials based on underwriting findings, providing clear and concise explanations for decisions.
Stay updated on changes in mortgage lending regulations, underwriting guidelines, and industry trends.
Collaborate with compliance and risk management teams to ensure loan files are in compliance with regulatory standards and company policies.