What are the responsibilities and job description for the Mortgage Underwriter position at Edward Daniels Group?
This position is based in NYC but is a Remote position.
Underwriter duties shall include without limitation:
Underwrite Conventional & Jumbo Loans in accordance with FFF overlays, policies and procedures outlined by Director of Operations
Underwrite Conventional & Jumbo Loans in accordance with all agency guidelines and Investor Overlays
Perform industry-standard underwriting activities (e.g. reviewing Income, assets, title, appraisal, loan application, etc.)
Access all risk factors of loan and ensure it meets guidelines
Report to Manager in regard to protocol and file escalation
Check for accuracy of all incoming loan information for file and report discrepancies
Ensure that all of the tax, title, insurance and closing documentation is in place
Interface borrowers, loan processors, loan officers and underwriting in an effective manner
Review the appraisal to make sure it is accurate and thorough, so that the home is truly worth at least the purchase price on purchases and value on refinances
Maintain, understand and follow lender / Agency / Investor guidelines at all times
Underwriters to make sure all of loan factors meet particular loan guidelines
Maintain dates in loan origination system pertaining to underwriting (as applicable)
Submit mortgage loans to automated underwriting systems for approval within investor guidelines
Assure all FINAL numbers and information is updated in file and system prior to issuing a clearance to close
Ensure file compliance prior to closing being requested
All other duties as defined by Employer from time to time
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