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CyberCoders · 3 weeks ago

Mortgage Underwriter - Active LAPP/SAR

Southlake, TX

Full-time

Hybrid

Senior Level

$80K/yr - $100K/yr

5+ years exp

CyberCoders is a company with over 100 years of banking experience, specializing in various mortgage lending needs. They are seeking a LAPP/SAR Underwriter to analyze credit reports and loan applications to ensure compliance with company standards for loan approvals.

RecruitingSearch Engine

Growth Opportunities

No H1B

Hiring Manager

Paul J. Miller

Responsibilities

Review the loan application package using verified data in the loan submission package

Evaluate borrowers income relative to financial obligations

Review adequacy of credit quality and borrower qualifications

Access sources of funds and the security property

Analyze loan terms, LTV and ratios making sure they meet the program guidelines

Notify processor and loan officer of the decision made. Approve loan in accordance with appropriate terms and conditions, counter-offers if the term does not meet company ending standards and guidelines, or deny the loan

Review and clears all conditions- Maintain current knowledge of all loan products and origination requirements

Ensure accuracy of loan disclosures and documentation

Ensure the quality of loans conforms to government regulation, company standards, and standards for sale to the secondary market

Qualification

Residential Mortgage UnderwritingActive VA LAPP/SAR CertificationSecondary market guidelinesMortgage process flowInvestor guidelines complianceMortgage insurance