What are the responsibilities and job description for the Non Agency Underwriter (remote) position at Orion Lending?
Company Mission
Orion Lending is a Nationwide Mortgage Banker, founded by proven industry leaders, who bring a legacy of success and ambition to the Mortgage Banking industry. At the core of our business philosophy is a commitment to extraordinary service, honesty, and clear communication. Our team is comprised of highly seasoned professionals who share Orion Lending's objective to revolutionize our partners' expectations. At Orion Lending, we combine innovative technology, a wide array of products and competitive pricing, to assist our network of originators grow and develop their referral business and clientele.
Position Summary
Responsibilities for the Non-Agency Underwriter will include performing a variety of mortgage loan documentation duties on conforming loan packages and complex loans, using comprehensive knowledge of policies and procedures for loan products. Underwrites mortgage loan applications and evaluates loans to maximize organizational profit and minimize risk or loss. Relies on extensive experience and judgment to plan and accomplish goals.
Specific Duties and Responsibilities:
Review and analyze loan applicants' credit histories, financial statements, and other financial information to make quality decisions on loans
Work with team members to identify potential solutions/exceptions for denied loan files
Interpret and analyze complex tax returns and financial documents
Demonstrate ability to comprehend program changes and new program guideline
Implement new changes in daily production immediately with minimal error rate
Provide superior customer service to both internal and external customers
Maintain knowledge of available loan products
Stay up to date on program and investor guidelines
Adhere to confidentiality standards as outlined by security policies
Mentor Underwriting team members when required
Utilize DU and LP underwriting systems
Use a computer to enter, access, and retrieve financial data
Develop constructive and cooperative working relationships with others and maintain them over time.
Actively participate in discussions to help the department run more efficiently
Must be able to work overtime as required
Other duties as assigned
Preferred Qualifications and Experience:
A minimum of two years of mortgage loan underwriting experience
Extensive knowledge and experience with DU and LP underwriting systems
Ability to underwrite in a production environment involving minimum quotas
Thorough understanding and familiarity with FNMA and FHLMC guidelines and a complete knowledge of loan products
NON-AGENCY
UNDERWRITER
POSITION OVERVIEW
Ability to maintain quality control standards while maintaining production expectations defined by the company
Ability to exhibit professional verbal and written communication skills via email, mobile devices, and in person utilizing proper spelling, composition, and grammar
Ability to multi-task, prioritize responsibilities, and work well under pressure with minimal supervision
Physical and Work Conditions
Standard office environment, equipment, and tasks, including work at a computer terminal. This position requires partial sitting and walking throughout the day. Employees must be open to working overtime to complete assigned tasks.
