Position | Mortgage
Underwriter
Wholesale Regions Melville, New York |
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Salary | $70,000 + Incentive | |||
Overall Summary | Provide quality loans for the company
by underwriting and evaluating residential mortgage applications originated
by the company’s branch offices. Evaluate mortgage applications and
work in conjunction with the Account Executive in building broker relationships
and issuing loan commitments. Act as liaison between client and underwriting
and manage daily workflow issues.
Loan prioritization, directing underwriters to decision loans promptly; communicate issues to management, brokers and account executives; price loans accurately and strategically to maximize Secondary Marketing income; approve or reject residential loans; work with account executive and branches to assist them in qualifying loans; communicate loan decisions; follow up with brokers to obtain conditions necessary for loan approval; ensure that all underwriting conditions are met prior to closing the loan; collect and analyze credit reports, financial statements and appraisals. |
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Skill Requirements | College degree in business, real
estate or banking
Minimum of 2 to 3 years experience in the Sub Prime industry or finance company PC literacy Excellent written & verbal communication skills, strong analytical & proofreading skills |
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Contact
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