70 applicants

Company

JMAC Lending · 2 days ago

Underwriting Manager for Conventional & Agencies - FNMA, FHLMC, FHA, VA,

United States

Full-time

Remote

Senior Level, Lead/Staff

$120K/yr - $140K/yr

8+ years exp

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Responsibilities

Guide our underwriters to guarantee that mortgage loans are underwritten in alignment with all state and federal regulations, including RESPA, HMDA, and Section 32

Steer the underwriters to adhere to proper procedures for mortgage loan underwriting

Oversee and review day-to-day tasks that have been escalated by the team

Establish clear expectations and provide mentoring to our underwriting staff

Build, nurture, and lead a dynamic underwriting team capable of executing key initiatives

Ensure all team members are thoroughly trained and well-versed in the company's philosophy, policies, and procedures

Monitor and assess underwriter performance consistently

Evaluate the structure of the Underwriting team and strategize for ongoing enhancements in efficiency and effectiveness

Support the recruitment process by assisting in the interviewing and hiring of new team members

Execute additional responsibilities as assigned

Play a key role in shaping, executing, and overseeing the company's underwriting operations

Regularly assess and refine workflows, developing helpful guides for all aspects of the underwriting process to maximize efficiency and effectiveness

Spot areas ripe for enhancement

Contribute to the planning, development, organization, implementation, and evaluation of the company's underwriting strategies and performance metrics

Collaborate with other departments and provide counsel on a variety of underwriting issues

Manage and communicate business flow, regulatory, and investor's guidelines.

Serve as a liaison with Regional Sales Manager, Account Executive, Branch Managers, and Loan Officer to build trust, collaboration, and operational support to ensure production.

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Mortgage UnderwritingDE CertificationSAR CertificationEncompassDesktop UnderwriterLoan ProspectorFHA Connection

Required

Over 8 years of experience in mortgage underwriting or lending

In-depth knowledge of underwriting policies and procedures is essential, along with familiarity with guidelines from various investors such as FNMA, FHLMC, FHA, VA, and USDA

DE and SAR certifications are a must!

Current, advanced expertise in industry-specific underwriting standards and agency requirements is crucial

Demonstrated experience in leading a team of mortgage underwriters is required

Strong verbal and written communication skills are essential for success in this role

Exceptional customer service abilities, especially in a dynamic and fast-paced environment

Capable of analytical thinking, effective problem solving, and managing stress efficiently

Proficient in prioritizing and interpreting policies, programs, and guidelines

A keen eye for detail, excellent organizational skills, and strong communication abilities

Proficient in using Encompass, Fannie Mae's Desktop Underwriter, Freddie Mac Loan Prospector, FHA connection, and other automated underwriting systems

Preferred

A Bachelor's Degree is preferred, but we'll consider a blend of relevant experience and education that showcases your capability to excel in this role