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Mortgage Underwriter Correspondent Lending Conventional Loans

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MTG Services

2021-12-03 08:58:00

Job location Seattle, Washington, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

Come join our team!

MTG Services is management consulting company and direct hire staffing agency that works with dozens of top mortgage lenders throughout the country.

We are actively looking for seasoned Correspondent Lending Mortgage Underwriters to work on conventional (Fannie/Freddie) loans. Qualified candidates will be responsible for underwriting loans originated by our correspondent lenders in accordance with established policies, procedures, and lending guidelines.

Primary responsibilities include:

  • Examine loan documents for accuracy and completeness - noting exceptions
  • Decisioning the loan regarding risk acceptance
  • Approve loans, issues alternative options, or adverse actions
  • Update Encompass with any conditions
  • Conduct final review / clear conditions and issue final approval

Critical Requirements for all Candidates:

  • Must enjoy working with a company that values its team members
  • Minimum of three (3) years of mortgage underwriting experience with working knowledge of Fannie Mae and Freddie Mac guidelines within a correspondent lending environment
  • Strong knowledge of Encompass, Fannie Mae CU and Freddie Mac LCA requirements
  • Experience in Encompass, DU, and LPA
  • Detail oriented and strong verbal / written communication skills
  • Ability to work independently and handle multiple priorities under stringent timelines

Our clients are offering above market compensation, potential signing bonuses, and a long list of benefits.

Please submit your resume and compensation requirements.

We would love to talk to you!

Job Type: Full-time

Pay: $80,000.00 - $105,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Disability insurance
  • Employee assistance program
  • Flexible schedule
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Professional development assistance
  • Vision insurance

Schedule:

  • Monday to Friday

Supplemental Pay:

  • Bonus pay
  • Signing bonus

Application Question(s):

  • Do you have working knowledge of Fannie Mae and Freddie Mac guidelines?
  • Do you have strong working knowledge of Encompass?
  • Do you have strong working knowledge of Fannie Mae CU and Freddie Mac LCA requirements?

Experience:

  • Mortgage Underwriting: 3 years (Required)
  • Correspondent Lending: 1 year (Required)

Work Location:

  • Multiple locations

Work Remotely:

  • Yes

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