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Paramount Residential Mortgage Group Inc. (PRMG Inc.) · 2 weeks ago

Remote DE/VA Underwriter

United States

Full-time

Remote

Mid Level

3+ years exp

Paramount Residential Mortgage Group Inc. (PRMG Inc.) is seeking talented Underwriters to join their team, offering remote work opportunities. The role involves analyzing loan files for compliance and ensuring high-quality loan products while maintaining productivity standards and providing support to new underwriters.

ConsultingFinanceFinancial ServicesMortgage

Responsibilities

Underwriter completes a thorough analysis of loan files to determine compliance with company, investor, and FHA/VA guidelines

Underwrites the entire credit package and collateral for residential mortgage loans and ultimately ensures an “investment” quality loan product

Checks accuracy of all calculations and data integrity. Completion of all required underwriting worksheets found in Fast Trac 360 Resource Center

Assists with the training of new underwriters

Recommends the loan disposition to underwriting manager for loan amounts in excess of authority limitation

Maintains company standard for Underwriter productivity level, and complies with company policy of 48 hour underwriting turnaround time and 24 hour turnaround time for clearing conditions

Strives to meet 3 Underwriting decisions/day within allotted time - Communicates decision on loans to appropriate parties both verbally and in writing

Maintains underwriting activity logs and provides monthly underwriting report to underwriting manager

Available to processors and correspondents for general Underwriter guideline interpretations and questions on specific loan files

Responds to post closing reviews and audits in a timely fashion

Performs related duties, as directed by Underwriter or Operations Manager

Qualification

Mortgage underwriting experienceUnderwriting guidelines knowledgePrivate investor guidelinesPrivate mortgage insurance guidelinesAnalytical skillsTechnological proficiencyBachelor’s degreeInterpersonal communicationOrganizational skillsWritten communicationVerbal communication