Mortgage Underwriter

We are currently seeking Experienced Mortgage Underwriters to work for a Bank in the West Covina area. This is for a new Conforming Loan Department and there are several openings.
Evaluate and analyze residential loan packages submitted for approval
Determine borrowers' credit worthiness and acceptability of properties offered as security in real estate loan transactions.
Evaluate and underwrite complex Jumbo loan applications (Loans in excess of 1 M)
Strong ability to analyze complex tax returns, investments and deductions
Analyze possible loans for the Secondary Market sale and ensure the loans meet the Secondary Market requirements.
Review loan approval conditions prior to funding of loans
Communicate with residential lending sales and operations staff regarding loan decisions, conditions, scenarios, and underwriting guidelines.
Provide training and work direction to lower level Underwriters.
Analyze requests for exceptions to policy and determine acceptability to the risk requirements.
May require supervision of staff during the manager's absence
Perform other duties as assigned
5+ years of Underwriting experience required with a minimum of 2 years of manual underwriting experience for residential mortgages
Bank experience
Advanced knowledge of Client underwriting and appraisal guidelines required, Freddie Mac a plus

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