Senior Underwriter - Corporate Scottsdale, AZ

Overview

Senior Underwriter - Corporate Scottsdale, AZ at Homeowners Financial Group USA, LLC

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 of 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
• 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

• 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.
• Underwrites large or more difficult/complex loans ensuring compliance with Homeowners and secondary market investor standards.
• May provide training and direction to junior underwriters and production staff.
• Has authority to withdraw and decline loans and to develop and recommend modifications to underwriting and production procedures.
• Accepting applications from candidates located in AZ, CA, KS, PA, OR, MN, FL, NM, TX, ME, CO, GA, SC, NY, NC, AL, AK, MO, and NV.
• Hybrid role for Phoenix-Metro area with 2 in-office days at the Scottsdale Corporate branch.
• Advise junior team members; suggest program alternatives for clients who do not initially qualify.
• Analyze required documentation to mitigate risk and make informed decisions.
• Meet or exceed productivity levels and credit quality standards.
• Respond promptly to post-close suspense, quality control issues, and audit reviews.
• Assist Underwriting Manager and support team member training as needed.
• Coordinate with operations and sales colleagues regarding product requirements and loan status.
• Coach processors, LMPs, underwriters, and junior underwriters; collaborate to resolve issues.
• Communicate with LMPs, processors, branch managers, funders, and post-closers about loan decisions and investor guidelines.
• Assess loan risk and determine approval or decline based on data quality.
• Verify employment, credit strength, property characteristics, and other data relevant to credit decisions.
• Ensure investment-quality loan products and borrower creditworthiness; assess collateral acceptability.
• Identify potential quality loans to hold in portfolio if secondary market guidelines cannot be met; escalate as needed.
• Apply internal underwriting guidelines, investor requirements, and federal regulations to ensure loan quality.
• Participate in internal meetings and required trainings; maintain professional image and adherence to company policies and procedures.
• Other duties as assigned.

• High School Diploma or equivalent required.
• Minimum 7 years of underwriting experience.
• FHA Direct Endorsement Underwriter Designation and/or VA SAR.
• Appraisal and appraisal review experience required.
• Ability to read, analyze, and interpret financial data; excellent documentation and analytical skills.
• Proficient PC skills (Excel, Word, Outlook).
• Knowledge of investor and GS guidelines including Fannie Mae and Freddie Mac; experience with DU, LPA, Encompass and other systems preferred.
• Working knowledge of mortgage origination processes and regulatory guidelines (FNMA, FHA, VA, RD, SAFE Act).
• Strong communication skills and customer service oriented; ability to develop positive relationships.
• Excellent organizational and time management skills; ability to manage multiple tasks and deadlines in a fast-paced environment.
• Independent, self-starting, team player attitude.

The work environment is typical of an office setting. May require handling objects up to 10 pounds frequently and 20 pounds occasionally. Regularly seated; occasional standing and walking. Moderate noise level; climate-controlled office.

Homeowners Financial Group is an Equal Opportunity Employer. All employment decisions are based on qualifications, merit, and business need.

• Mid-Senior level

• Full-time

• Finance and Sales