The DE/SAR Government Underwriter is responsible for reviews and evaluates information on mortgage loan documents to determine if the borrower, property, and transaction meet JMAC guidelines. The Conventional/Government Underwriter is responsible for rendering a decision within company guidelines and communicating the decision to all applicable parties.
Job Responsibilities:
- Review credit documents in accordance with JMAC, FHA, VA, FNMA, FHLMC and USDA/RD guidelines.
- Review borrower’s income and assets in accordance with JMAC, FHA, VA, FNMA, FHLMC and USDA/RD guidelines.
- Review subject property title and appraisal in accordance with JMAC, FHA, VA, FNMA, FHLMC and USDA/RD guidelines.
- Must be able to make loan decisions independently (Approve or Decline).
- Sign off on conditions.
- Verify the consistency of information throughout the file
- Utilize FNMA CU, FHA Connection, WebLGY, and GUS to complete, correct, or verify the validity of required forms.
- Complete assigned files within established turn times.
- Maintain communication, and customer service with file contacts throughout the loan process.
Requirements
- Minimum 2 or more years of recent experience as a DE and SAR Underwriter
- Minimum 5 or more years of recent experience in FNMA, FHLMC
- Comprehensive understanding and knowledge of current FHA, FNMA, FHLMC and USDA
- Basic knowledge of federal and state laws pertaining to the mortgage‐banking industry (i.e., TRID, ECOA, Fair Lending etc.)
- DU/LP/TOTAL Scorecard knowledge required
- Strong communication skills and exceptional customer service skills with the ability to effectively interact with brokers.
- 1 year or more experience with USDA/RD is preferred, but not required
· Must be able to work independently or as a team as needed
· Must possess good auditing, critical thinking and analytical skills including a firm knowledge of math.
· Decision making is also vital since the majority of mortgage underwriters are deciding and evaluating whether to approve or deny the client's loan application. Must be comfortable to in AUS decisioning and also manual underwriting of government loans.
Benefits
Perks with JMAC Lending:
- Health Care Plan (Medical, Dental & Vision)
- Life Insurance (Basic, Voluntary & AD&D)
- Paid Time Off (Vacation & Holidays)
- Retirement Plan (401k)
- Short Term & Long-Term Disability
- Family Leave
- Wellness Resources
About JMAC Lending
JMAC Lending, Inc. is an Equal Employment Employer. We are committed to workforce diversity. Qualified applicants will receive consideration without regards to age, race, religion, sex, sexual orientation, gender identity or national origin.
DISCLAIMER: JMAC Lending is an evolving company. As such this job description is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned.
United States
