Mortgage Underwriter

Position/Title: Underwriting Associate

Location: Bethesda, Maryland (3 days on site)

Status: FTE

Position OverviewWe are seeking an Underwriting Associate with a demonstrated track record of reviewing, analyzing, and decisioning BPL mortgage loan files. In this role, the Underwriting Associate will be responsible for deal assessment and risk analysis—including but not limited to: credit assessment, borrower entity compliance, guarantor experience verification, data validation, and collateral analysis. This role requires an understanding of multiple program guidelines and the ability to apply appropriate guidelines to individual clients and loans. The ideal candidate will have exceptional attention to detail, the ability to make sound and independent decisions, and the ability to self-manage a personal pipeline. The Underwriting Associate will collaborate with multiple departments, including Credit Risk, Valuations, Rehab/Construction, Legal, Sales/Processing, and Closing.

Responsibilities

• Evaluate and underwrite individual BPL mortgage loan files for qualification against various product guidelines
• Validate business history, appraisals, credit reports, asset statements, entity documentation, and title documents to accurately and quickly decision files
• Work closely with the processing team to review and clear all underwriting conditions to obtain a clear to close
• Manage a daily pipeline of working files through origination milestones to completion
• Act as a resource of underwriting expertise to support Sales, Processing, and Valuations teams
• Develop a strong working knowledge of all loan programs and guidelines
• Assess LTVs and other relevant ratios as they relate to deal analysis
• Perform research related to collateral value, client performance history, or other atypical scenarios as needed
• Collaborate with team members to make sound business decisions for every client
• Perform other duties as assigned to contribute to a best-in-class client experience
  
  

Qualifications

• Ability to meet established productivity standards while maintaining high-quality file reviews
• Multi-tasking proficiency to manage immediate tasks along with a pipeline of various file types
• Excellent organization and computer skills, strong working knowledge of MS Office (particularly Excel)
• Excellent written and oral communication skills with the ability to work efficiently and collaboratively with other departments
• Motivated and organized self-starter with strong attention to detail
• Ability to exercise sound, independent judgment and be a reliable team player
• Comfortable working under pressure to balance production timelines with individual client needs
  
  

Education and Experience

• Bachelor's degree preferred; will also consider candidates with exceptional BPL mortgage experience
• Two to five years' experience as a residential mortgage underwriter preferred but not required; may be offset by education and applicable training and experience
• Knowledge of mortgage underwriting concepts, best practices, and procedures
  
  

EEO Statement We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status, or any other characteristic protected by law.

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