Senior Underwriter - Corporate Scottsdale, AZ

Work for an Award Winning Company Culture!

Are you an independent, self-starting, team player with a positive attitude? Are you passionate about giving back to your community? Do you want to work for a company that we like to think as the “happiest place in mortgage” and has been voted a “Best Place to Work” for the last 17 years? Join our family at Homeowners Financial Group and you can take advantage of our great benefits.

• Award-Winning Company Culture
• Employee volunteer opportunities
• 9 paid holidays
• Generous paid time off policy
• United Healthcare Benefits including medical, Delta Dental Benefits including dental and vision, life, and disability
• Ancillary Benefits include:
  Mutual of Omaha, Met Law Legal Plan, Pet Benefit Solutions
• 401k with discretionary match
• Employee tenure program
• President's Club eligibility for both Sales and Operations staff

Homeowners Financial Group has over 300 employees in 41 offices across the country and has helped tens of thousands of homeowners realize home ownership. We are not your typical mortgage company: we foster a “family” environment, we give back to the community through dozens of charities and we love what we do!

We want a Senior Underwriter who reports to the Underwriting Manager and is responsible for the timely and accurate evaluation and approval/denial of loan applications in accordance with aggregator, investor, and program guidelines. This position underwrites large or more difficult/complex loans ensuring compliance with appropriate Homeowners and secondary market investor standards. The Senior Underwriter may provide training and direction to junior underwriters and production staff.

The position has the authority to withdraw and decline loans as well as develop and recommend modifications to underwriting and production procedures. Now accepting applications for candidates located in AZ, CA, KS, PA, OR, MN, FL, NM, TX, ME, CO, GA, SC, NY, NC, AL, AK, MO, and NV!

• For candidates located in the Phoenix-Metro area, this will be a hybrid role with 2 required in-office workdays at our Corporate branch located in Scottsdale
• Utilizes knowledge and experience to serve as an advisor for junior members of the department
• Proactively suggests program alternatives for clients who do not qualify for terms initially submitted
• Demonstrates sound judgment in the analysis of required documentation with mitigating organization risk through appropriate decision-making
• Meets or exceeds productivity levels established by Management and credit quality standards set for by Homeowners
• Responds timely to post-close suspense’s and issues, quality control errors and audit reviews when requested
• May assist Underwriting Manager when necessary and assist with team member training
• Acts as a resource for operations and sales colleagues regarding specific product requirements for loans in process
• Coaches Processors, LMPs, Underwriters, and Jr. Underwriters when appropriate and works with them to find solutions to problems when possible
• Communicates effectively and engages proactively with LMPs, processors, branch managers, funders, and post-closers regarding loan decisions, assignment of loan conditions, investor guidelines/documentation requirements and possible loan scenarios
• Assesses the risk of a loan and makes an approval or decline decision based on the quality of the data in the loan file
• Analyzes and verifies the employment profile, credit strength, property characteristics, and all other information pertinent to the credit decision process on each loan application
• Ensures an investment quality loan product and creditworthiness of the borrowers and acceptability of the collateral
• Identifies potential quality loans to be held in portfolio if secondary market guidelines cannot be met, escalates to management for review
• Applies all internal underwriting guidelines, investor requirements, and federal regulations to the decision process to ensure loan quality
• Participates in Homeowners internal meetings and required trainings
• Maintains a professional image and demonstrates an understanding of and follows all Homeowners Policies and Procedures
• Other…