Senior Loan Underwriter

Jobot
Los Angeles, CA Full Time
POSTED ON 1/25/2024 CLOSED ON 2/22/2024

What are the responsibilities and job description for the Senior Loan Underwriter position at Jobot?

This Jobot Job is hosted by: Tasha Glasscock
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Salary: $90,000 - $125,000 per year

A bit about us:

Jobot has partnered with a growing mortgage company in the LA area. We are seeking a Sr. Loan Underwriter to join our team.

Why join us?

Competitive Compensation
Medical
Dental
Vision
PTO
Hybrid ability

Job Details

Responsible for the prudent underwriting of conventional and FHA/VA loans.

Essential Job Functions:

Liaises among processors, borrowers, investors and escrow companies to communicate decisions on loans.
Ensures loan files are complete with all outstanding issues addressed.

Responsibilities:

Completes a thorough analysis of loan files to determine compliance with company, investor, and FHA/VA guidelines.
Evaluates the entire credit package and collateral for residential mortgage loans and ultimately ensures an “investment” quality loan product.
Checks accuracy of all calculations.
Assists with the training of new underwriters.
Recommends the loan disposition to underwriting manager for loan amounts in excess of authority limitation.
Maintains company standard for productivity level, and complies with company policy of 48 hour underwriting turnaround time and 24 hour turnaround time for clearing conditions.
Communicates decision on loans to appropriate parties both verbally and in writing.
Maintains underwriting activity logs and provides monthly underwriting report to underwriting manager.
Available to processors and correspondents for general guideline interpretations and questions on specific loan files.
Responds to post closing reviews and audits in a timely fashion.
Performs related duties, as directed by Underwriting or Operations Manager.

Experience:
Minimum three years of current mortgage underwriting experience, with solid working knowledge of underwriting guidelines. Experience with private investor and private mortgage insurance guidelines.


Skills:
Strong interpersonal-communication and business-relationship skills. Detail oriented with strong organizational and follow-through skills. Excellent analytical, written communication and verbal communication skills. Technologically proficient. 2 years of experience working in Encompass - Ellie Mae

For immediate consideration please send resume to https://apply.jobot.com/jobs/senior-loan-underwriter/956868291/?utm_source=Monster

Interested in hearing more? Easy Apply now by clicking the "Quick Apply" button.

Benefits:
401K, Employee Events, Employee Referral Program, Flexible Schedules, Free Food and Coffee, Game Rooms, Life Insurance, Maternity/Paternity Paid Leave, Medical, Dental and Vision, On Site Cafeteria, Paid Holidays, Paid sick days, Parking , Performance bonus, Professional Development, Retirement / Pension Plans, Vacation/paid time off, Work From Home


About the Company:
Jobot


 



Company Size:
500 to 999 employees


Industry:
Banking


Founded:
2018


Website:
https://jobot.com/


Salary : $90,000 - $125,000

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