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CGP: Government Underwriter

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Century Group

2021-12-03 12:32:15

Job location Irvine, California, United States

Job type: fulltime

Job industry: Government & Defence

Job description

Position Information

The DE/VA Underwriter is responsible for the daily underwriting of new government loan submissions. The daily functions include, but are not limited to, sign off of conditions, approval of new loans, and recommend underwriting exceptions. Review loan to value ratio, credit reports, application and all submitted documentation to ensure loans meet investor and company standards.

Responsibilities

  • Review and underwrite new loan submissions, approve, decline or counter-offer
  • Sign off on loan conditions and final approval of loans prior to funding in accordance with published turn times
  • Issue NOV's within 5 day turn time
  • Examine loan application and supporting documentation to ensure accuracy and completeness, and that each loan meets secondary market, investor and company standards guidelines
  • Serve as information source and underwriting support for production teams
  • Work closely with Account Management and Docs/Funding Departments to resolve complex issues, restructure loans as well as meet lock expirations and other deadlines
  • Respond to Quality Control and Post-Closing audits and issues in a timely manner
  • Perform other duties as assigned, including assisting other team members and management when needed

Qualifications
  • Strong knowledge of VA and FHA/DE and/or USDA guidelines; Agency experience a plus
  • Excellent interpersonal, written and oral communications skills
  • Must be self motivated and have the ability to work with limited supervision
  • Ability to take initiative and responsibility
  • Strong problem solving ability
  • Organizational skills and attention to detail
  • Ability to prioritize tasks
  • Must work well under pressure
  • Must have a high school diploma or equivalent
  • Thorough understanding of underwriting guidelines (FHA and VA), policies and procedures
  • Working knowledge of the VA portal and FHA Connection
  • Working knowledge of DU, LP, and GUS is preferred
  • FHA Direct Endorsement/Chums authority, VA SAR/LAPP Designation preferred
  • At least 1 year working in paperless environment
  • Minimum 3-5 years of recent government first trust deed mortgage underwriting experience, including appraisal review
REF # 36584
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