Underwriter

Job description

Description Summary: Responsible for underwriting residential mortgage loans (Conventional, FHA, VHDA, USDA) to determine borrower eligibility in accordance with secondary market, government, and internal lending guidelines. Performs both manual and automated underwriting to ensure accurate, compliant, and timely loan decisions. Essential Duties: - Review and analyze mortgage loan applications along with supporting financial documentation. - Verify borrower income, assets, employment, and credit history for accuracy and completeness. - Assess borrower’s ability to repay based on financial data and risk factors. - Evaluate property appraisals to ensure adequate collateral and compliance with lending standards. - Make underwriting decisions, including loan approval, suspension, or denial, based on established guidelines. - Ensure compliance with all federal, state, and investor regulations (FHA, VA, Conventional, USDA). - Maintain accurate and complete loan documentation throughout the underwriting process. - Communicate loan decisions, conditions, and requirements clearly to loan officers and stakeholders. - Perform detailed validation of loan documents, including tax returns, bank...