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AD Mortgage LLC · 9 hours ago

Government Senior Underwriter

United States

Full-time

Remote

Senior Level

AD Mortgage LLC is a leading nationwide mortgage lender with over 20 years of experience delivering residential and commercial loan solutions. The role of Government Senior Underwriter involves reviewing loan applications, ensuring compliance with guidelines, and making quality underwriting decisions while maintaining company standards.

AccountingBankingCommercial LendingFinanceFinancial ServicesLendingPersonal Finance

Growth Opportunities

Responsibilities

Reviews all items and conditions provided by borrowers and ensures they meet the required guidelines by utilizing internal and external (e.g., agency) policies and procedures [e.g., automated underwriting systems such as Desktop Underwriter (DU)]

Knowledge of FHA, VA, and USDA guidelines is a must, including thorough knowledge of the 4000.1 HUD Handbook and VA Lender’s Handbook

Direct Endorsement (DE) is a must, and LAPP/SAR certifications are preferred

Knowledge of Ginnie Mae, Fannie Mae, and Freddie Mac is a must

Wholesale / Correspondent experience is preferred

Non-QM experience is preferred

Ensures that Company operating standards are met for underwriting and compliance by utilizing internal and external (e.g., agency) policies and procedures

Reviews applications and all pertinent disclosures to ensure compliance with all Federal, State, and investor requirements are met and upheld

Monitors property appraisal process to ensure the value of a property is accurately presented

Analyzes documentation such as credit, income, assets, and appraisals to make sound underwriting decisions based on this analysis by using an internal checklist

Analyze loan applications to identify any risk issues and/or potential misrepresentation

Reviews documentation and ensures documents are properly classified and organized

Makes quality underwriting decisions while maintaining Company turn-time expectations

Reviews and clears conditions on all loans to ensure a complete loan package prior to closing

Utilizes proprietary and online tools [e.g. WebLGY, FHA Connection, Mortgage Electronic Registration System (MERS), AVM’s, etc.] to help combat fraudulent activity and ensure quality loan decisions

Have the ability to rework loans to new terms and identify additional conditions as needed

Must be able to provide quick and accurate answers on multiple loan project guidelines

Engages specific strategies (e.g., determines appropriate individuals to resolve escalated customer issues, etc.) to resolve customer questions and concerns

Continually reviews underwriting environment, and suggests improvement opportunities to management

Acts as a recognized subject matter expert within the Company and partners with management on underwriting-related issues by providing analytical support, and counseling advice for their functional areas

Qualification

FHA guidelinesVA guidelinesUSDA guidelinesDirect Endorsement (DE)Ginnie Mae knowledgeFannie Mae knowledgeFreddie Mac knowledgeConventional loan underwritingDocMagicMicrosoft ExcelCustomer servicePositive projectionAttention to detailEffective communication

Required

Intermediate knowledge in Microsoft Word, Excel, Outlook, DocMagic, and Adobe

Expert knowledge of conventional and government loan underwriting and selling guidelines (e.g. Ginnie Mae, Fannie Mae, Freddie Mac, FHA, VA, etc.)

Exceptional customer service

Excellent attention to detail

Ability to communicate effectively with all levels

Ability to positively project the Company and department

Knowledge of FHA, VA, and USDA guidelines is a must, including thorough knowledge of the 4000.1 HUD Handbook and VA Lender's Handbook

Direct Endorsement (DE) is a must