A&D Mortgage - Financial Holding Company successfully providing residential and commercial loans for more than 20 years, based in Florida. We represent our A+++ service in states but are striving to obtain licenses in every State of the US and to become a Nationwide Mortgage Lender.
Our employees are our most valuable resource and their knowledge and expertise play an important role in achieving our Client's goals. We are 200+ employees, and it's just a beginning!
Duties & Responsibilities:
Reviews all items and conditions provided by borrowers and ensures they meet the required guidelines by utilizing internal and external (e.g., agency) policies and procedures
Ensures Company operating standards are met for underwriting and compliance
Review applications and all pertinent disclosures to ensure compliance with all Federal, State, and investor requirements are met and upheld
Monitors property appraisal process to ensure the value of a property is accurately presented
Analyzes documentation such as credit, income, assets, and appraisals to make sound underwriting decisions based on this analysis by using an internal checklist
Analyze loan applications to identify any risk issues and/or potential misrepresentation.
Review documentation and ensure documents are properly classified and organized
Makes quality underwriting decisions while maintaining Company turn-time expectations
Reviews and clears conditions on all loans to ensure a complete loan package prior to closing
Utilizes proprietary and online tools [e.g., Lexis/Nexis, Real Quest, Mortgage Electronic Registration System (MERS), AVMs, etc.] to help combat fraudulent activity and ensure quality loan decisions
Have the ability to rework loans to new terms and identify additional conditions as needed.
Must be able to provide quick and accurate answers on multiple loan project guidelines
Engages specific strategies (e.g., determines appropriate individuals to resolve escalated customer issues, etc.) to resolve customer questions and concerns
Continually reviews underwriting environment, and suggests improvement opportunities to management
Acts as a recognized subject matter expert within the Company and partners with management on underwriting-related issues by providing analytical support, and counseling advice for their functional areas
Performs other duties as assigned.
Knowledge and Skills:
Excellent verbal and written communication skills.
Excellent interpersonal and customer service skills.
Excellent organizational skills and attention to detail.
Strong analytical and problem-solving skills.
Strong supervisory and leadership skills.
Ability to create, implement, and monitor budgets.
Thorough understanding of principles and methods used to promote, display, and sell products and services.
Proficient with Microsoft Office Suite or related software.
Education and Experience Required
Knowledge of FANNIE / FREDDIE is a must.
Wholesale / Correspondent experience is preferred
Non-QM and VA experience are preferred.
Minimum Knowledge, Skills, and Abilities:
Intermediate knowledge of Microsoft Word, Excel, Outlook, and Internet Explorer
Expert knowledge of conventional and/or government loan underwriting and selling guidelines (e.g., Fannie Mae, Freddie Mac, FHA, VA, etc.)
Exceptional customer service
Ability to communicate effectively with all levels