Responsible for reviews and approval decisions for condo projects and individual unit loans for Fannie Mae,Freddie Mac, FHA and jumbo programs. Responsibilities: - Reviews and decisions condo projects and individual unit loans to agency guidelines - Reviews all budget, reserves, insurance coverage, deductibles, declarations, by-laws and legal documentsfor the project and unit. - Reviews guidelines and works with Fannie Mae's Condo Project Approval (CPM) - Process Project Eligibility Waivers when... more details
Condo Underwriter
ID
2024-6150
Category
Operations
Type
Regular Full-Time
Overview
We are always searching for talented Underwriters to join our team. One of the biggest benefits about Underwriting with PRMG is that we encourage remote Underwriting, and you can work for us from anywhere in the nation. Lastly, we are big on Work Life Balance and Teamwork here, our Underwriters work on a pod system that creates a positive work environment that allows Underwriters the perfect conditions for success and growth.
Responsibilities
Job Summary:
Responsible for reviews and approval decisions for condo projects and individual unit loans for Fannie Mae, Freddie Mac, FHA and jumbo programs
Responsibilities:
• Reviews and decisions condo projects and individual unit loans to agency guidelines • Reviews all budget, reserves, insurance coverage, deductibles, declarations, by-laws and legal documents for the project and unit. • Reviews guidelines and works with Fannie Mae’s Condo Project Approval (CPM) • Process Project Eligibility Waivers when needed • May perform litigation reviews • May perform FHA SUA reviews • Other duties as assigned.
Qualifications
Experience:
• 2-3 years FNMA/FHLMC Condo Underwriting within mortgage industry, required. • Thorough understanding of FNMA and FHLMC project review guidelines, technology, eligibility, and process • Knowledge of HUD condo requirements desired
At PRMG, we not only celebrate and support differences, we thrive on it for the benefit of our employees, our products, and our community. We are proud to be a workplace that provides equal employment opportunities to all employees and applicants and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, marital status, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
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