Mela Capital Group

Conventional Mortgage Underwriter

United States full-time Mid Salary not listed
full-time Mid level Technology & IT Curated
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About the role

Remote Conventional Mortgage Underwriter
If you are a Remote Conventional Mortgage Underwriter with experience, please read on!
Top Reasons to Work with Us
We are a retailer seeking all Remote Mortgage Underwriters. We're here to keep the dream of home ownership alive. Currently, we are seeking long-term underwriters to stay with us for the next decade to come. With exponential benefits, a culture that fits the kindest and hardest working, your contribution will be valued within our firm. There is opportunity to grow and since we're middle-sized, your growth will start immediately.
What You Will Be Doing

Perform a thorough analysis to ensure the quality of each loan and to determine compliance with Company and Investor guidelines.
- Perform a thorough analysis of collateral to ensure property meets investor guidelines and the appraisal quality and completeness is acceptable.
- Apply and interpret company underwriting guidelines and makes sound credit decision.
- Complete credit, analysis of income, analysis of property, ensures proper audits are completed and verifies consistency of loan file information.
- Identify risk factors within each loan and utilizes resources, tools and documentation to detect red flags and clear inconsistencies.
- Review and evaluate credit information on mortgage loan documents to determine acceptability for specific loan programs.
- Determine any conditions, stipulations or pre-funding requirements.
- Maintain ongoing knowledge of investor guidelines, updates and trends as applicable to underwriting position.
- Complete second signature underwriting review on loan files underwritten by junior underwriters and within designated authority as needed.
- Possess excellent computer skills and working knowledge of Microsoft Office products.

What You Need for this Position

4+ years of Conventional mortgage underwriting experience.

- DU and LP experience required

FHA DE/ Direct Endorsement designation are a plus
- VA SAR designation experience preferred but not required

- Experience with Encompass preferred
So, if you are a Remote Conventional Mortgage Underwriter with experience, please apply today!
-
Applicants must be authorized to work in the U.S.
What You Need for this Position

4+ years of Conventional mortgage underwriting experience.

- DU and LP experience required

FHA DE/ Direct Endorsement designation are a plus
- VA SAR designation experience preferred but not required

- Experience with Encompass preferred
So, if you are a Remote Conventional Mortgage Underwriter with experience, please apply today!
-
Applicants must be authorized to work in the U.S.
Applicants must be authorized to work in the U.S.
All your information will be kept confidential according to EEO guidelines.
Specializing in third party underwriting, quality control and forensic examination of all mortgage and securitization loan, portfolio and contract audits, including operational risk and quality control policy development. Agency (FNMA/FHLMC/FHA/VA), legal, foreclosure and repurchase defense reporting and expert witness testimony. Expert experience in Mortgage Backed Securities agreements and Seller/Purchaser reps and warrants contracts; Underwriting guideline gap analysis; Valuation and historic appraisal forensic fraud investigation and support.

Originally posted on Himalayas

Interview prep

Walk in with sharper answers.

Use this as a quick practice sheet before you speak with the employer.

Mid
Technology & IT Data Analysis Remote Collaboration Writing Conventional Mortgage Mid level

Likely questions

  1. Tell us about work you have done that is close to the Conventional Mortgage Underwriter role.
  2. How would you approach your first 30 days at Mela Capital Group?
  3. Which of Data Analysis, Remote Collaboration and Writing have you used recently, and what did it help you achieve?
  4. Describe a time you solved a problem without waiting to be told exactly what to do.
  5. How do you handle busy days, changing priorities, or pressure at work?

Prepare before the call

  • A recent example that proves your experience with Data Analysis, Remote Collaboration and Writing.
  • One short story with a problem, your action, and the result.
  • Two examples that show the strengths listed on your CV.
  • A clear reason why this role and company interest you.
  • Your availability, preferred work style, and salary expectations.

Ask them

  • What would success look like in the first 90 days?
  • What are the main problems this hire should help solve?
  • How does the team give feedback and measure good work?
  • What does a normal working week look like for this role?
Practice line

I am interested in the Conventional Mortgage Underwriter role because I can bring practical experience in Data Analysis, Remote Collaboration and Writing, learn the team quickly, and contribute to the outcomes Mela Capital Group needs from this hire.

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