Underwriting Manager

Company: CyberCoders
Location: Lacey
Posted on: January 5, 2022

Job Description:

If you are a Underwriting Manager with experience, please read on!

Top Reasons to Work with Us

We pride ourselves in our company culture of building a community of team members who feel like family. We strive to create a home-away-from-home vibe, even though this position is remote, and you will be working from home anyway.

Our firm is a mid-sized firm that makes a point in keeping their employees for the long haul.

We pride ourselves in having a management team that has worked every role, and enjoys collaboration across the team to get the job done.

What You Will Be Doing

Process Flow and Efficiency Planning with Excel and Reporting Skills

Monitor underwriting production and turn times

Develop partnership/working relationship with Department Managers

Partner w/Operations and Sales to ensure great customer service and high-quality and simple conditions

Manage the pipeline of all loans to be underwritten.

Review new loan files to ensure loan meets investor and program criteria.

Review transmittal & 1003 to make sure it is accurate and complete, compare to finding to verify that all information matches.

Review credit report and compare to liabilities on 1003.

Verify the investor guidelines for outstanding derogatory items and requirement payment or satisfaction if needed. Request updated mortgage history if needed.
Calculate income using documentation required per investor, questioning any substantial changes in income.

Review assets statements to compare to required assets. Require documentation and source for any recent large deposits.

Review title to verify our borrower has ownership on a refinance transaction and that the seller has ownership for purchase transaction. Check that chain of title meets investor requirements. Verify there are no unpaid liens or judgments and that all mortgage liens are being paid off through the transaction. Compare tax figures to 1003.

Review appraisal to ensure the value is supported and that the appraiser has provided complete accurate appraisal. Order value review on loans considered elevated risk.

Review file make sure compliance has been met; regulatory state compliance ad federal (patriot act).

Calculate net tangible benefit for those states/programs that require this test.

Review final conditions turned in for Underwriting Final Approval within 24 hours.

Maintain current and fluid knowledge of investor and agency guidelines.

Provide coaching and oversight for underwriters, including ongoing training and feedback to underwriters and spot review of underwriting decisions.

Review and recommend changes and improvements to department practices as appropriate

Ensures and upholds fair lending practices; meets targets for productivity, quality and customer satisfaction

Thorough knowledge of all GSE underwriting requirements as it pertains to Correspondent and Wholesale Lending

Skilled in negotiating issues and resolving problems

Analyze credit, income, assets, LTV/CLTV in accordance with posted guidelines, as well as

Maintain thorough knowledge of agency guidelines, as well as MHLs posted guidelines, policies and procedures

Maintain minimum file requirements as well as condition review turntimes as set for by

MHL service level agreements

Maintain communication with brokers/processors/account executives/customer service reps to ensure all questions are answered in a timely manner

What You Need for this Position

Job Requirements

Demonstrated knowledge of FHA, VA, FNMA, FHLMC, and Jumbo guidelines

Minimum of 310 years experience in a mortgage underwriting role

Prior Experience Managing a Team Of Underwriter Is Required

At least 5+ years recent underwriting experience working with multiple investors.

Minimum 1 Year Supervisory Experience.

Must have experience working with multiple investors.

Strong Verbal And Written Communication Skills Required.

Conventional and FHA experience required (must have a CHUMS)

VA and USDA experience a plus

Excellent time management and organizational skills.

Excellent verbal and written communication skills.

Ability to manage multiple deadlines.

Strong knowledge of Microsoft Word and Excel required.

Strong knowledge of Encompass preferred.

VA staff Appraisal Reviewer (SAR) designation a plus

Knowledge of QM/ATR required

Strong analytical skills

Excellent written and verbal communication skills

Must be a selfstarter, dependable, and accurate with strong attention to detail

Must have ability to multitask in a fast paced environment, and facilitate change whether indicated by management, market changes, or regulatory requirements

Ability to prioritize and manage time to meet MHLs service level agreements

What's In It for You

Our employees enjoy top of the market compensation and full benefit benefits which include medical, dental,

vision, life, and disability insurance, flexible benefits plan, 401(k) plan, and paid holidays, as well as

vacation and sick leave.

So, if you are an underwriting manager please apply today!

This job is open to telecommute candidates.

Applicants must be authorized to work in the U.S.

So, if you are a Underwriting Manager with experience, please apply today!

Colorado employees will receive paid sick leave. For additional information about available benefits, please contact Destiny Ziarkowski

Email Your Resume In Word To

Looking forward to receiving your resume through our website and going over the position with you. Clicking apply is the best way to apply, but you may also:

Destiny.Ziarkowski@CyberCoders.com
Please do NOT change the email subject line in any way. You must keep the JobID: linkedin : DZ2-1661387 -- in the email subject line for your application to be considered.***

Destiny Ziarkowski - Executive Recruiter - CyberCoders

Applicants must be authorized to work in the U.S.

CyberCoders, Inc is proud to be an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, or any other characteristic protected by law.

Your Right to Work - In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification document form upon hire.

Keywords: CyberCoders, Lacey , Underwriting Manager, Executive , Lacey, Washington