Job Brief
The Underwriting Auditor needs to complete minimum required audits of closed loans for client within 24 hour turn time.
Roles & Responsibilities
- Knowledgeable of various loan products inclusive of: agency conventional, FHA, VA and USDA programs.
- Complete thorough audit, re-Underwriting the loan and using client provided checklist as guide.
- Update client systems with review findings and saving checklist on clients shared drive.
- Create clear comments in client systems so Correspondent easily understands items required.
- Research any guideline issues using GSE databases, Client Guide and web.
- Communicate any questions that cannot be satisfied by the Client Guide and web to supervisor for resolution.
- Communicate clearly and professionally with Regional UW’s when directed to contact them.
- Stay apprised of ever changing processes and adapt accordingly.
- Strong income analysis skills, including complex self-employed calculations
Supplemental Functions
Maintain a high level of confidentiality of company and borrower information.
- Work independently as well as part of a team.
- Strong Time Management Skills.
Requirements
- At least 3 years of loan frontline and/or due diligence underwriting experience in a fast paced mortgage banking environment.
- Thorough knowledge of agency conventional loans, including strong understanding of AUS findings.
- FHA, VA & USDA knowledge preferred.
- Moderate computer skills required.
- Ability to take initiative and work independently
- High School Diploma
- College Degree Preferred
- At least five years’ related Underwriting experience and/or training
- Knowledge of Microsoft Office systems and Instant Messenger.
- Ability to work in several web applications simultaneously.
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