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A bit about us:

Nationwide Preferred Lender.

Why join us?

#4 Mortgage Company in the Nation to work for!

Job Details

The Quality Assurance Underwriter is responsible for performing pre-funding audits to determine whether approved loans have been underwritten in compliance with our underwriting, investor, government and FNMA/FHLMC/GNMA guidelines. The QA Underwriter is responsible for communicating deficiencies to the Underwriting/ Processing Department and confirming corrective action.

Essential Duties:

  • Review/analyze loan files that have been approved by Underwriting to ensure the file meets loan program requirements. Includes individual analysis of: Loan application, Credit profile/report(s), Debt and assets, Income/financial statements, Loan values/loan-to-value ratios, Appraisal reports, and Collateral and supporting documentation.
  • Identify loan deficiencies and calculate the risk grade on each (Pass, Caution, Fail).
  • Communicate deficiencies to the Underwriting/Processing Group and confirm that corrective action has been taken.
  • Revisit loans to review and clear deficiencies.
  • Escalate files with suspected fraud to the Quality Control Manager.
  • Identify quality trends and work with Management to recommend and drive corrective action.
  • Performing in-house targeted audits

Other Duties:

  • Handle multiple tasks simultaneously.
  • Lead by example in proactive team efforts to achieve departmental and company goals.
  • Promote and participate in a positive teamwork environment through example and sharing of knowledge and skill.
  • Comply with all safety policies, practices and procedures.
  • Report any potential or actual violations of such policies, practices and procedures to Supervisor.
  • Perform other duties as assigned by upper management.

Education, Knowledge, Skills, Abilities and Experience:

  • High School Diploma or equivalent
  • Minimum 3 years of residential mortgage underwriting experience
  • Experience working with DU,LP and GUS
  • Knowledge of FHA, VA, USDA, FNMA and FHLMC policies and guidelines
  • Knowledge of mortgage loan processing, compliance, investor products and underwriting guidelines
  • Knowledge of mortgage insurance (MI) guidelines
  • Working knowledge of various fraud tools
  • Appraisal review skills/experience

Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, age (40 and over), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. Jobot also prohibits harassment of applicants or employees based on any of these protected categories. It is Jobot’s policy to comply with all applicable federal, state and local laws respecting consideration of unemployment status in making hiring decisions.

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