What are the responsibilities and job description for the Mortgage Underwriter position at Customer Service?
Responsibilities:
- Review and analyze mortgage loan applications to determine creditworthiness and adherence to lending guidelines
- Conduct quantitative analysis and underwriting of loan files to assess risk and make informed decisions
- Perform quantitative research and equity research to evaluate market trends and property values
- Assess risk analysis and fraud prevention detection measures to ensure compliance with regulatory requirements
- Collaborate with loan officers, borrowers, and other stakeholders to gather necessary information for underwriting decisions
- Evaluate mortgage servicing activities to ensure accuracy and compliance with industry standards
- Collect and analyze financial data to assess borrower's ability to repay the loan
- Prepare comprehensive financial reports summarizing findings and recommendations
Requirements:
- Bachelors Degree or Associates Degree with 12 months of experience in client service or mortgagees
- Strong knowledge of quantitative analysis, underwriting principles, and financial concepts
- Familiarity with risk analysis, fraud prevention detection, and mortgage servicing practices
- Excellent attention to detail and ability to work in a fast-paced environment
- Strong analytical skills with the ability to interpret complex financial information
- Proficient in data collection, organization, and analysis
- Exceptional written and verbal communication skills for effective report writing and communication with stakeholders
- Ability to work independently and make sound underwriting decisions within established guidelines
Note: This job description is not intended to be all-inclusive. The employee may perform other related duties as negotiated to meet the ongoing needs of the organization.