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Cornerstone Home Lending · 2 weeks ago

DE/SAR Underwriter

United States

Full-time

Remote

Mid Level

3+ years exp

Cornerstone Home Lending is a unique national home lender known for its exceptional service and employee satisfaction. They are seeking an experienced Underwriter to ensure accurate and quality loan products while working closely with a team of mortgage professionals.

Financial ServicesLendingMortgage

Growth Opportunities

Responsibilities

Completes a thorough analysis of loan files to determine compliance with investor

Evaluates the entire credit package and collateral for residential mortgage loans and ultimately ensures an investment quality loan product and creditworthiness of the borrowers and acceptability of the collateral

Identifies potential quality loans to be held in portfolio if secondary market guidelines cannot be met

Verifies the accuracy of all calculations

Recommends the loan disposition, for loan amounts in excess of authority limitations, to Manager

Maintains a working knowledge of secondary market underwriting guidelines, private investor and private mortgage insurance guidelines

Assists with maintaining compliance with all applicable federal, state and local laws, regulations and ordinances by abiding by compliance program and all policies, procedures, rules and regulations

Assists in the development of underwriting standards

Assists mortgage production team in qualifying loans

Aids processors, giving general guideline interpretations and answering questions on specific loan files

Responds to post closing review and quality control audits in a timely fashion

This is not intended be an all-inclusive list of job duties

Multi-tasking, high volume, available to be flexible and work weekends as needed

Qualification

DE/SAR certificationMortgage underwriting experienceAnalytical skillsDocumentation skillsCustomer service skillsOral communication skillsWritten communication skillsProblem-solving skillsConfidentiality