Underwriter, Wholesale, Senior jobs in United States
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Carrington Holding Company, LLC · 9 hours ago

Underwriter, Wholesale, Senior

Carrington Holding Company, LLC is a dynamic organization in the mortgage services industry, and they are seeking a Senior Wholesale Underwriter to join their remote team. The role involves underwriting loans according to company and investor guidelines, ensuring compliance with legal and policy requirements, and making sound credit decisions.

Financial ServicesReal Estate

Responsibilities

Performs a thorough analysis to ensure the quality of each loan and to determine compliance with Company and Investor guidelines
Performs a thorough analysis of collateral to ensure property meets investor guidelines and the appraisal quality and completeness is acceptable
Applies and interprets company underwriting guidelines and makes sound credit decision
Completes credit, analysis of income, analysis of property, ensures proper audits are completed and verifies consistency of loan file information
Identifies risk factors within each loan and utilizes resources, tools and documentation to detect red flags and clear inconsistencies
Reviews and evaluates credit information on mortgage loan documents to determine acceptability for specific loan programs
Determines any conditions, stipulations or pre-funding requirements
Reviews and clears underwriting conditions, stipulations or pre-funding requirements received
Communicates with clients, sales teams and operations teams to resolve outstanding issues as they arise
Assists departmental support staff when necessary
Resolves and responds to post closing credit exceptions received from investors and auditors when required on loans underwritten
Maintains ongoing knowledge of investor guidelines, updates and trends as applicable to underwriting position
Completes second signature underwriting review on loan files underwritten by junior underwriters and within designated authority as needed
A thorough knowledge of mortgage loan underwriting
Maintains highly confidential information concerning loan applicants
Requires high level of organizational skills and ability to work on several tasks simultaneously
Constant contact with Loan Officers and internal office staff
Significant coordination of various duties required
Office machines such as computer, copiers, fax machines and the telephone
Ability to communicate effectively both verbally and in writing
Ability to handle detailed assignments

Qualification

FHA mortgage underwritingDULP experienceFHA Direct EndorsementVA SAR designationPaperless Loan Origination SystemOrganizational skillsEffective communication

Required

Five plus years of FHA mortgage underwriting work experience
DU and LP experience required
A thorough knowledge of mortgage loan underwriting
Ability to communicate effectively both verbally and in writing
Requires high level of organizational skills and ability to work on several tasks simultaneously
Constant contact with Loan Officers and internal office staff
Significant coordination of various duties required
Office machines such as computer, copiers, fax machines and the telephone
Ability to handle detailed assignments

Preferred

Paperless Loan Origination System experience preferred
FHA Direct Endorsement designation and/or VA SAR designation highly preferred
Experience working in a paperless environment preferred

Benefits

Comprehensive healthcare plans for you and your family.
A discretionary 401(k) match of 50% of the first 4% of pay contributed.
Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
Customized training programs to help you advance your career.
Employee referral bonuses so you’ll get paid to help Carrington and Vylla grow.
Educational Reimbursement.
Carrington Charitable Foundation contributes to the community through causes that reflect the interests of Carrington Associates.

Company

Carrington Holding Company, LLC

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Carrington Holding Company, LLC is a financial service provider for mortgages, asset management, real estate.

Funding

Current Stage
Late Stage

Leadership Team

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Aman Marwah, MBA
Division Chief Financial Officer
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Melissa Witte
VP ESCROW ADMINISTRATION
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Company data provided by crunchbase