Underwriter Ii
Irvine, California, United States
Evaluate and decide borrower qualifications for mortgage loans to ensure creditworthiness, ensure compliance with company, agency, and investors standards and deliver a best-in-class customer experience. Verify borrower loan application contains all necessary documentation, credit, and financial information; calculate qualifying ratios; identify the borrower risk profile. Perform a thorough analysis of the borrower’s application such as (i) income and expense data, (ii) asset documentation, (iii) credit reports, (iv) employment, (v) title, and (vi) property valuations to affirm borrower stability, capacity to repay and qualification against company, agency and/or investor guidelines. Make an independent, compliant underwriting decision detailing clear conditions necessary to clear the loan for closing. Partner with sales, customer relationship managers, and closers-funders to resolve problems, qualification issues, and clear conditions throughout the underwriting process. Manage underwriting pipeline queues (i.e. initial submissions, conditions, change requests, final approval) to deliver timely decisions that main company published service standards. Respond promptly to assist in the resolution of issues related to requests such as post-closing conditions, suspended loans, quality control audits, and investor audits/inquiries. Operate to meet and exceed internal and external customer expectations in a manner that promotes loan quality and compliance with lending laws. Maintain productivity and quality performance at or above required goals