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Homeward · 22 hours ago

Mortgage Underwriter

United States

Full-time

Remote

Mid, Senior Level

$80K/yr - $85K/yr

5+ years exp

Homeward is a fast-paced, remote-first real estate startup that offers innovative financial products to facilitate homebuying. The Fulfillment Underwriter will be responsible for conducting financial reviews and approvals for mortgage loans, ensuring compliance with investor guidelines while collaborating with various teams to facilitate the loan process.

Real Estate

Responsibilities

Validate the accuracy of all calculations and update data in LOS to ensure data integrity in the AUS response

Evaluate the credit package to ensure an investment-quality loan product. Analyze borrower’s credit capacity through in-depth review of income and asset documentation, including self-employed borrower income calculations. Calculate housing and debt ratios, measuring applicant liquidity, asset concentrations, and leverage

Review and approve third party purchase contract/addendums, title report, escrow instructions, environmental report, and other legal documentation

Work with team members (Processors, Closers, and Loan Officers) to identify potential solutions/alternatives for difficult/denied loan files

Ensure timely escalation to the Underwriting Manager/Director for review of any/all loan level challenges

Meet turn time expectations and SLAs for review

Maintain current knowledge of secondary market guidelines

Manage a daily pipeline and ensure service expectations and company-mandated turn times are met

Qualification

Underwriting experienceFNMA underwritingFHLMC underwritingDesktop Underwriter (DU)Loan Product Advisor (LPA)Loan Origination SoftwareCommunication skillsThrive in fast-paced environment