DANBURY   |   FULL-TIME
 

PFS is seeking an experienced, self-motivated and well-rounded full-time residential mortgage underwriter. You will be responsible for understanding the underwriting guidelines and overlays of our client base, reviewing files using your strong credit background, and rendering a decision on the loan application. Since PFS works with a variety of lenders, a diversified and deep background in various products and loan programs is important. Our clients expect us to evaluate a wide range of offerings, from conventional to portfolio and non-QM products.

If you are a dedicated, enthusiastic and detail-oriented individual looking for a company and team to grow with, this is the position for you. We offer a competitive compensation package and an appealing incentive program that generously rewards our top performers.

 

PRIMARY RESPONSIBILITIES

The primary role of the Mortgage Underwriter is to review a mortgage loan application and supporting documents in accordance with stipulated guidelines (Fannie Mae/Freddie Mac and/or client and/or other investor) and to render a credit decision.

This will include, but not be limited to, the following activities:

  • Review asset documents and calculate assets.
  • Review employment details and calculate income.
  • Review credit report and validate liabilities and credit-worthiness.
  • Review the sales contract.
  • Review mortgage insurance.
  • Review appraisal and perform compliance checks.
  • Notate any required credit and/or closing conditions and subsequently review and sign off on them.
  • When the documents/information are received/reviewed, issue a final approval, ‘Clear to Close’ or adverse action on a loan.
  • Update the LOS with all required/pertinent information
  • Maintain a strong relationship with the processing team, our clients, and loan originators as you work together to evaluate a deal.
  • Function as part of a deal team that requires focused participation and contribution. Exert leadership as required to keep deals moving and escalate issues to management as required.

 

REQUIRED CHARACTERISTICS OF OUR IDEAL CANDIDATE

  • Adaptability and Candor: You will be working with some of the newest technology in the mortgage industry. As it evolves, we will ask you for your feedback to improve our products.
  • Outstanding communication and problem-solving skills.
  • Broad understanding of the regulatory landscape and required disclosures/timing.
  • Ability to perform quality work and adhere to timeliness standards established by management.
  • Proactive, energetic and resourceful.
  • Strong attention to detail and organization, and ability to develop an in-depth understanding of the products/programs of our clients.

 

EXPERIENCE

  • Minimum of 3-5 years processing experience in a front-line origination production environment.
  • Understanding and applicability of recent regulatory changes is important.
  • Strong computer skills and familiarity with Microsoft Office suite of products is preferred.

 

EDUCATION

  • Bachelor’s degree preferred. Will consider high school or equivalent if candidate possesses exceptionally deep mortgage experience.

Danbury – NMLS ID 1532373

44 Old Ridgebury Road, Suite 301

Danbury, CT 06810

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eho-promontech NMLS: #1532373