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Mortgage Underwriting Coordinator in Westminster, CO at SNI Technology

Date Posted: 3/25/2020

Job Snapshot

Job Description

SNI Companies' client is immediately seeking to hire a Mortgage Underwriting Coordinator on a full-time, permanent basis. This position will initially be located in Westminster, CO (i.e. Federal and 120th ave.), but will eventually be moved into a new location in Broomfield, CO (i.e. Off Hwy 36 @ Interlocken).

POSITION SUMMARY:
Underwrites residential mortgage loans in accordance with internal guidelines ensuring compliance with company and investor standards. Has current in-depth experience and complete knowledge of Fannie Mae lending guidelines and understands how those relate to internal guidelines. Able to clearly communicate guidelines to customers, loan processors, and sales associates. Able to make timely, accurate decisions on all transactions. Has knowledge of personal and business financial analysis and tax return and balance sheet analysis.

ESSENTIAL FUNCTIONS:

  • Underwriting of conventional loans within established SLA requirements while maintaining file quality.
  • Ability to properly interpret DU, and communicate and document their findings.
  • Responsible for setting and clearing loan conditions on files according to investor guidelines and within established processes and procedures.
  • Must be able to underwrite a minimum of 3 new files per day
  • Assumes responsibility for review appraisals and ensuring that determined values are well documented
  • Responsible for related duties as required or assigned

QUALIFICATIONS:
Education/Certification:

  • Minimum of high school diploma
  • Advanced Underwriter certification

Required Knowledge:

  • Encompass experience preferred
  • Knowledge of FHA, VA and USDA loans

Experience Required:

  • Minimum of 3 years working in the mortgage industry as processor, closer or underwriter, doing Conventional purchase and refinance transactions in a fast paced mortgage production environment
  • In depth knowledge of mortgage regulations and Fannie Mae mortgage guidelines

Skills/Abilities:

  • Excellent attention to detail
  • Strong verbal and written communication skills
  • Excellent problem solving skills
  • Thorough understanding of credit and an ability to review complex financial documents
  • Ability to make credit recommendations
  • Strong organizational skills
  • Ability to multi task and handle high work volumes
  • Capacity to work in a team -orientated environment
  • Ability to deliver a difficult message with confidence
  • Ability to prioritize multiple competing tasks and manage time effectively in a fast paced environment while practicing sound lending judgment
  • Ability to meet production, quality and service standards
  • Intermediate experience with Microsoft Word, Excel, and email systems

WORKING CONDITIONS

  • Standard office conditions
  • Low to moderate noise
  • Limited lifting up to 25 lbs.