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Sr. Remote Mortgage Loan Underwriter – Up to $90K– REMOTE – Job # 2139

Who We Are

The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & San Antonio, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position

Our Pennsylvania based bank client is seeking to fill a Sr. Remote Mortgage Loan Underwriter role. The selected candidate will be responsible for ensuring all required documentation has been received and maintained, processed, and closed for the Bank’s portfolio or sold to the secondary market while ensuring compliance with bank policies, procedures, and guidelines. The candidate will be to review and analyze and process residential mortgage and consumer loan applications, borrower, and property information to render a credit decision and approval for mortgage loans.

This position offers a generous salary of up to $90K and full benefits package.

Sr. Remote Mortgage Loan Underwriter responsibilities include:

  • Reviewing, approving, recommending counteroffers or denials for residential mortgage and consumer loan applications within lending authority limit, including those with a higher scope and/or complexity and/or over Processor- Underwriter authority.
  • Underwriting, evaluating, and recommending approval or denial for government loans that may include Federal Housing Administration, VA, Rural Housing Service, state bond programs, conforming and non-conforming products.
  • Performing secondary review of recommended denials at the Processor-Underwriter level and promote products with potential applicant qualification.
  • Evaluating borrower income and creditworthiness through review of financial, asset, and bank account statements and tax returns, ensure documentation satisfies investor requirements, and identify loans that may require additional records for potential secondary market sale.
  • Preparing memos to be submitted to the Loan Committee for amounts above approval authority.
  • Interacting with auditors, loan review, compliance, and examiners to assist in Bank reviews.
  • Reviewing appraisal and other property information to determine if fair market value is aligned to amount request in application, follow up with borrower(s) or other necessary parties to validate discrepancies.
  • Examining appraisals to ensure conformity with guidelines and review decision change requests for existing mortgages.
  • Ensuring documentation and pricing satisfies investor requirements and identify loans that may require additional records for potential secondary market sale.
  • Working with Retail Lending Processor-Underwriter and other team members to establish appropriate daily operation back up, as well as with Supervisor and appropriate Senior Management in outlining procedures, checklists to ensure SOXs controls are being followed and adhered to.
  • Assisting the Supervisor by conducting various assessments and audits to ensure department procedures are achieving accurate and desired results.
  • Guiding Loan Officers in relation to unique and/or potential loan scenarios and provide underwriting and mortgage loan operating system data input guidance and support as needed.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

  • Bachelor’s degree in finance, business administration, or related field.
  • Seven or more years’ recent experience in mortgage processing.
  • Three or more years’ experience of underwriting loans for sale on the secondary market including Fannie Mae and Freddie Mac.
  • This position requires S.A.F.E. Act registration at the time of employment.
  • Experience in manual underwriting or jumbo/non-agency loans.
  • Solid knowledge of lending policies and procedures.
  • Prefer some knowledge of Federal Housing Administration, Veterans Administration, and Rural Housing Service underwriting, Direct Endorsement for Federal Housing Administration Loans.
  • Experience with Desktop Underwriter/Encompass LOS software or similar mortgage loan origination software.
  • Ability to make credit recommendations and assess creditworthiness.
  • Strong financial analysis and underwriting skills.

The next step is yours. Email us your current resume along with the position you are considering to:

resumes@symicorgroup.com

 

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