Careers

Job Title: Underwriting Manager
Reports To: VP of Credit Risk
FLSA Status: Exempt
Department:
Division:

Summary: Primarily responsible for providing leadership, support and guidance to the underwriting team. In charge of ensuring that the underwriting team complies with the goals, objectives and standards of the organization in order to meet customer satisfaction and deadlines.

Duties and Responsibilities include the following. Other duties may be assigned.

• Expert knowledge of residential mortgage underwriting, including knowledge of Fannie Mae, Freddie Mac, FHA, VA, USDA underwriting and selling guidelines
• Ability to work accurately and efficiently in fast-paced environment and to maintain production requirements while adhering to quality and service standards
• Expert knowledge with mortgage loan documents and ability to review those documents efficiently with low error rate
• Understanding of operational processes involved in mortgage loan production
• Test, train and mentor all new underwriters (Junior and Senior)
• Provide skills training for Agency, Investors and Program specific loans;
• Develop, track and monitor a minimum of ten loans (of varying loans types) for all new underwriters
• Develop, track and monitor underwriters prior to advancement to next level of underwriting authority
• Arbitrate appeals and disagreements of loan files as needed for responses to audits, repurchases, etc.
• Day-to-day resource person for “Scenarios” and underwriters with regards to their specific and general loan file questions
• Underwrite loan files as needed
• Keep Management apprised of any issues, concerns and/or findings
• Managing turn times to ensure we are in line with 24-48 hours.
• Other tasks as requested by Management

Skills:

• Active CHUMS & SARS/LAPP ID’s
• Detail oriented, with the ability to prioritize, manage multiple projects, and meet deadlines efficiently;
• Can be depended upon to complete work in a timely, accurate and thorough manner and is conscientious about assignments;
• Communicates effectively both verbally and in writing with superiors, colleagues and individuals inside and outside the Company
• Exhibits a professional manner in dealing with others and works to maintain constructive working relationships
• Demonstrates predictable and regular attendance

Education/Experience:

• Bachelor’s degree in business or finance, or equivalent work experience
• Minimum of 10 years of experience within the financial services industry in progressively more responsible positions.

Job Title: Mortgage Funder
Reports To: Closing Manager
FLSA Status: Non-Exempt
Department:
Division:

Summary: To deliver accurate review of funding documents and issue funding authorization

Duties and Responsibilities include the following.

• Fund Conventional, FHA, and Non-Prime loans.
• Work collaboratively with internal counterparts and third parties to efficiently fund compliant saleable loans.
• Review signed loan documents for accuracy, and compliance.
• Complete a pre-funding reviews on each loan file ensuring that all conditions are met.
• Request wires from warehouse banks and coordinate disbursements from title/escrow.
• Performs other related duties as assigned.

Skills:

• Critical thinking and problem-solving skills
• Planning and organizing
• Decision-making
• Communication skill
• Influencing and leading
• Delegation
• Negotiation
• Conflict management
• Adaptability
• Stress tolerance

Education/Experience:

Degree: High School Diploma or Equivalent. Experience preferred.

Job Title: Disclosure-Opening Desk Coordinator
Reports To: Disclosure Manager FLSA Status: Non-Exempt Department:
Division:

Summary: Review of all TRID required disclosures and RESPA requirements; Fee Validation; Ensures compliant disclosure throughout the loan process; completes tasked 3rd party service orders.

Duties and Responsibilities include the following.

• Reviews and distributes initial disclosures to ensure that loan applicants receive complete and accurate disclosures in compliance with Federal and State regulation
• Validates and ensures fees entered by loan officer are accurate
• Reviews and validates file support documentation; completes scrub document detailing same
• Sends requests/notifications to LO/LOA/processor (as appropriate) concerning required trailing documents or file errors
• Solicits instruction and direction from appropriate individual(s) on all files that require corrective action outside the Coordinators responsibility of capability
• Compliance review of all Loans using Mavent process
• Communication of Mavent Alert or Fail findings to appropriate individual(s)
• Monitors and tracks the pipeline of loans to ensure timeliness and accuracy of documents and provides additional processing for past due or untimely disclosures.
• Re-disclosure input; lost disclosure link solutions; manual fulfilment process
• Prepares and distributes changed disclosures via Changed Circumstance re-disclosure preparation, validation and Mavent review process
• Monitors and tracks the re-distribution of changed disclosures to ensure timely and accurate processing
• Process all required third-party services necessary for forward movement of loan
• Ordering & follow-up on Condominium Questionnaires; Verbal and Written Verification of Employment requests.
• Assist on Processor-generated requests related to the Disclosure/Opening or COC process
• Attend necessary training on changes for knowledge and skills
• Other assigned tasks or responsibilities that may not be delineated above

Skills:

• Excellent Time Management
• Aptitude for Critical thinking and problem- solving
• Planning and organizing
• Decision-making
• Communication skills
• Stress tolerance
• Negotiation
• Adaptability
• Delegation
• Positive “can do” attitude
• Teamwork
• Ability to complete assigned tasks in acceptable time frame
• Conflict management
• Ability to work with minimal supervision
• Availability to work additional hours if requested

Education/Experience:

Degree: High School Diploma or Equivalent
Working knowledge of Word, PDF, Excel programs