The Senior Mortgage Underwriter will be responsible for underwriting and clearing conditions for FHA, VA and Conventional loans ensuring compliance with specific company, investor and insurer underwriting guidelines in a paperless environment. Experience Underwriting USDA and Bond programs is a plus. A thorough working knowledge of industry standard product, program and compliance Underwriting guidelines is required. The Senior Mortgage Underwriter candidate must be able to communicate all mortg... more details
Description
CrossCountry Mortgage (CCM) is one of the nation’s top 3 retail mortgage lenders with more than 7,000 employees operating nearly 600 branches across all 50 states. We have been recognized nine times on the Inc. 5000 list of America’s fastest-growing private businesses and have received countless awards for our standout culture. Through our dedication to getting it done, we make every mortgage feel like a win.
A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You’ll get unwavering support from all departments and total transparency from the top down.
CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program.
Position Overview:
The Senior Mortgage Underwriter will be responsible for underwriting and clearing conditions for FHA, VA and Conventional loans ensuring compliance with specific company, investor and insurer underwriting guidelines in a paperless environment. Experience Underwriting USDA and Bond programs is a plus. A thorough working knowledge of industry standard product, program and compliance Underwriting guidelines is required. The Senior Mortgage Underwriter candidate must be able to communicate all mortgage loan guidelines to loan processors and loan officers.
Job Responsibilities:
- Maintain a pipeline within the company’s standards: 24-hour turn-around time for upfront and final underwrite.
- Review files upfront for initial credit decision based on Company checklists and guidelines.
- Issue loan approvals or escalate files to loan committee, when necessary, based on company guidelines.
- Grade loan application quality as based on criteria covered in training.
- Review files throughout the process if requested by the processor.
- Communicate errors and missing information to processor via email.
- Email information pertaining to the loan file through Encompass.
- Adjust condition sheet in Encompass PC with applicable conditions.
- Review files for final approval once all items are gathered by the processor.
- Issue final approval uploading all necessary approval documentation into Company’s software systems with appropriate signatures.
- Work with post-closing department on any stipulations for closed files.
Qualifications and Skills:
- Associate degree in business management, related field, or equivalent experience, preferred.
- SAR and/or DE, preferred.
- Minimum 5 years of Mortgage Underwriter experience in a retail environment for a mortgage lender, preferred.
- Minimum 5 years of credit and appraisal experience in mortgage lending field covering FHA, VA and Conventional Loan Programs, preferred.
- Experience underwriting FHA loans and supporting the mortgage lending activity at a purchase focused mortgage lender.
- Knowledge of mortgage banking software, mortgage underwriting, loans, purchase, and refinance transactions.
- Excellent customer service, communication, problem-solving and time management skills.
- Ability to maintain the highest level of confidentiality.
Pay Range:
- $43.26-52.88/hr. Eligible for monthly bonus incentive.
The posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position.
This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.
CrossCountry Mortgage, LLC offers MORE than a job, we offer a career. Apply now to begin your path to success! careersatccm.com
CrossCountry Mortgage, LLC strives to provide employees with a robust benefit package: https://mycrosscountrybenefits.com/
California residents: Please see CrossCountry’s privacy statement for information about how CrossCountry collects and uses personal information about California consumers.
CrossCountry Mortgage, LLC. (NMLS3029) is an Equal Opportunity Employer committed to workforce diversity. Qualified applicants will receive consideration without regard to race, religion, creed, color, orientation, gender, age, national origin, veteran status, disability status, marital status, sexual orientation, gender identity, or gender expression, or any other protected status in accordance with all applicable federal, state and local laws. The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation. The Company is committed to fostering, cultivating and preserving a culture that welcomes diversity and inclusion. Employment is contingent upon successful completion of a background investigation. CrossCountry Mortgage, LLC. is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. To verify licensing, please visit www.NMLSConsumerAccess.org.
