NorthStar Mortgage Advisors · 5 months ago
Mortgage Underwriter
United States
Full-time
Remote
Mid Level
3+ years expNorthStar Mortgage Advisors is seeking a Mortgage Underwriter to play a crucial role in ensuring the financial stability of both lenders and borrowers. The underwriter will evaluate loan applications, assess creditworthiness, and make eligibility decisions while staying informed about industry regulations.
Responsibilities
Review and analyze loan applications: This involves meticulously examining financial documents like tax returns, pay stubs, credit reports, and asset statements to assess the borrower's ability to repay the loan
Evaluate financial risk: Underwriters must use their analytical skills to identify potential red flags that could indicate loan delinquency, such as high debt-to-income ratios, unstable employment, or insufficient down payments
Make loan eligibility decisions: Based on their analysis, underwriters determine whether to approve or deny a loan application. They may also recommend specific loan terms and conditions based on the borrower's profile and risk assessment
Communicate effectively: Underwriters need to clearly explain their decisions to loan officers, borrowers, and other team members. This may involve writing detailed reports, providing justifications for loan denials, and negotiating loan terms
Stay up-to-date on industry regulations: The mortgage industry is constantly evolving, so underwriters must be committed to staying informed about the latest regulations and compliance requirements
Qualification
Required
Strong analytical and problem-solving skills are essential
Excellent attention to detail is crucial for accurately assessing loan applications
Effective communication skills are necessary for interacting with borrowers, loan officers, and other team members
At least 3 years experience underwriting
Delegations required: VA/SAR
Must be able to independently research with agency partners to ensure guidelines are met per AUS feedback
Must be located in either the Eastern or Central timezones
Preferred
All delegations preferred: FHA, VA/SAR, USDA
Bond, DPA and Housing Programs a plus
Company
NorthStar Mortgage Advisors
As a leading mortgage company in Marietta, NorthStar is here to support you and find you the home loan that fits your lifestyle.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
David Stallings
Managing Partner
Michael Stallings
Managing Partner
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