The purpose of the Underwriter position is to clear home mortgage loans for closing once a thorough analysis and underwrite of the submission is completed and meets industry, company and product requirements. Underwriters must have an in-depth and current knowledge of federal and other regulatory standards needed to analyze a borrower’s financial position and other property related risks associated with the loan in order to make an appropriate decision. Underwriters are supervised by the Underwriting Team Lead and/or Underwriting Manager, and ultimately report to the head of Operations.
Review Loan Submissions
Communicate and Review Conditions as Needed
Update LOS Appropriately
Provide Decision on Submissions