Reverse Mortgage Underwriter
Underwriter reviews all credit, asset, income and collateral documentation to produce a sound decision based on HECM/Reverse Proprietary Product guidelines.
This includes but not limited to:
- Complete a thorough analysis of loan files to determine compliance with company, investor, and FHA guidelines.
- Evaluates/examines files to ensure accuracy and completeness. Ensures documents are consistent and compliant. Identifies red flags.
- Review third party reporting, fraud reports and judgment & lien searches.
- Maintains company standard for Underwriter productivity level and complies with company policy of 24-48 hr. turn time.
Requirements
- An approved FHA DE Underwriter
- Experience in Underwriting HECM Purchase
- 3 years experience (minimum) in Reverse Mortgage Underwriting
- Excellent customer/interpersonal service skills
- Excellent writing/verbal skills
- Proven ability to collaborate and problem solve with other mortgage partners
- Attention to detail and accuracy
Pay: $85,000.00 - $100,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Employee discount
- Flexible spending account
- Paid time off
- Retirement plan
- Vision insurance
Experience:
- mortgage processing: 2 years (Required)
Work Location: Remote
