Mortgage Connect, LP · 12 hours ago
Credit Underwriter
Edmond, OK
Full-time
Hybrid
Entry, Mid Level
2+ years expMortgage Connect, LP is a company specializing in real estate lending, offering a supportive work environment. The Credit Underwriter is responsible for assessing residential mortgage loans to ensure compliance with investor criteria and various regulatory standards, focusing on data quality, credit decision-making, and risk assessment.
Real Estate
Responsibilities
Review loan files for completeness and accuracy including but not limited to calculation and verification of income & assets, evaluation of credit reports, purchase contracts, appraisals, title commitments, VOE, tax returns, divorce decrees, and other loan pertinent compliance documentation
Evaluate debt & loan-to-value ratios, credit score, property valuation and various other factors
Calculate debt-to-income (DTI) ratios and loan-to-value (LTV) ratios
Review appraisals and alternative value products for conformity to client-specified requirements to assess the accuracy of the property valuation
Ability to navigate and understand applicable agency underwriting guidelines including but not limited guidelines and policies for VA, FHA, FNMA, FHLMC & USDA as well as non-agency guidelines
Exhibit working knowledge of AUS to determine applicable loan conditions were met; document loan conditions that were not met
Analyze and calculate qualifying income from various documentation such as 1040s, Schedule E, 1065, 1120, 1120S, K1, transcripts, paystubs, W-2s, etc
Analyze and calculate the rental income/rental loss for investments properties owned
Experience working on Non-QM loans (DSCR, Business Purpose, Jumbo and Bank Statement Programs) in addition to AUS loans
Experience working on second liens, HELOCs, etc
Identify potential risks and assess the overall risk level of the loan
Adhere to company policies and guidelines
Qualification
Required
Bachelor's degree in finance, business, or related field preferred or 2-4 years experience in due diligence credit underwriting
Experience in mortgage processing, underwriting, or a similar role in the mortgage or finance industry
Familiarity with mortgage documentation
Understanding of Freddie Mac, Fannie Mae and lender guidelines
Strong attention to detail and excellent organizational skills
Effective communication and interpersonal skills to work with internal teams
Proficiency in MS Office Suite and LauraMac underwriting system
Problem-Solving
Detail-Oriented
Benefits
Medical
Dental
Vision
FSA
Mental health programs
Employee Assistance Program
Short-long term disability
Voluntary insurance (auto, home, life, legal, pet, identify theft)
Employee discounts
Paid holidays
Generous PTO based on tenure
Paid volunteer time
401K plan
Robust continuous learning opportunities
Access to discounts that help save money in your daily life
Company
Mortgage Connect, LP
Mortgage Connect is a real estate company offering property deal closing services.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Craig Kaley
Chief Technology Officer
Cristy Ward
Chief Strategy Officer/Executive Vice President
Recent News
2025-07-11
Business Wire
2024-02-27
GlobalFinTechSeries
2022-04-14
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