What are the responsibilities and job description for the POST APPROVAL UNDERWRITER position at Lakeview Loan Servicing?
Overview : POSITION SUMMARY :
The Post Approval Underwriter will be responsible for evaluating loan risk by making sound credit and property decisions per Company underwriting guidelines and loan program parameters under FNMA, FHLC and HUD guidelines while taking into consideration LLS / BLS guides.
DUTIES AND RESPONSIBILITIES :
- Maintain a strong working knowledge of FNMA, FHLC and HUD guidelines.
- Analyze approved documents for accuracy and completeness, updating system as needed.
- Assess the submitted credit, income and asset documentation and validate in AUS to confirm loan still meets agency and LLS guidelines. Specifically, but not limited to Day 1 Certainty and Property Inspection Waivers.
- Communicate with sales, operations and front line underwriters in regards to conditions and requirements changed post loan approval.
- Complete file review and execution of FHA loan documents post approval that had any material changes.
- Meet department expectations for both production and quality metrics.
- Manage and perform multiple tasks accurately in a fast-pace environment.
- Adheres to company / agency policies and procedures and complies with legal and regulatory requirements including appraisal industrys concepts and practices.
- Other duties as assigned.
QUALIFICATIONS :
