Renovation Mortgage Underwriters

Job Description

Job Description

Salary : DOE

Northpoint Mortgage, selected as one of the Boston Globe's 2024 Top Places to Work, is a growing New England-based mortgage lender seeking to add experienced Underwriters to our team. Renovation Underwriting experience is greatly preferred. We offer a great working atmosphere, competitive pay, benefits, and the ability to work remotely or from one of our offices.

ESSENTIAL TASKS AND RESPONSIBILITIES :

• Perform mortgage credit analysis, with or without the assistance of an automated underwriting system to determine Borrowers' willingness and ability to repay the mortgage debt.
• Review and validate income, asset, credit, title, value, and fraud reports.
• Ensure all required property information is in system.
• Review title information and purchase contract, if applicable.
• Run and review quality control tools i.e., FraudReports and Early Check.
• Order and review Mortgage Insurance based on loan program. Ensure that system of record matches MI certificate.
• Approve or approve with conditions loan submissions after careful consideration and explore possible alternatives before resorting to a suspense or denial.
• Assist in resolving post-closing suspense issues.
• Must be able to evaluate and analyze complex income tax returns to establish qualifying income.
• Other duties as assigned.

QUALIFICATIONS :

Compensation Commensurate with Experience