DE Mortgage Underwriter
Primary Residential Mortgage, Inc. - Diamond Bar, CA

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DE MORTGAGE UNDERWRITER

Primary Residential Mortgage, Inc. is seeking a DE Mortgage Underwriter to join our growing regional team in Diamond Bar, CA.

JOB DESCRIPTION
Candidates in this job are responsible for assessing the overall credit risk of loan transactions by thorough analysis of all loan components for residential loan applications. Components include but are not limited to: AUS decision report, credit report, all sources of income, type of loan, appraisal report, assets, debt to income ratios, occupancy, preliminary title report and fraud detail reports.

REQUIREMENTS (Knowledge, Skills, and Abilities)
-Ability to review all loan components in the file for completeness, accuracy, and integrity. Ensure that documents are consistent and are in accordance with Company and industry guidelines.

-Examine transaction and investor manual to ensure compliance with all investor guidelines.

-Implement and enforce fraud detection techniques. Request supplemental information/ documentation as necessity dictates. Recognize risk factors that may compromise the overall quality of the loan file.

-Execute loan decisions and review loan conditions in a timely manner- Expected production level is 2 underwriting decisions per day, plus re-works.

-Effectively communicate and engage proactively with loan agents, processors, funders and post-closers in regards to loan decisions, assignment of loan conditions, investor guidelines/ documentation requirements and possible loan scenarios.

-Recognize types of documentation required for varying or unique circumstances. (ex. Self-Employed borrowers, title report issues, derogatory credit and non-traditional income sources, etc. )

-Aid in the resolution of pre-purchase loan deficiencies by assisting the post-closing department in making necessary file corrections as well as retrieving loan suspense conditions.

-Strong computer skills; proficiency with Microsoft Office products and Mortgage related systems (Encompass360, DataTrac, DU, LP, and other AUS experience a plus).

-*Direct Endorsement (DE) certification is required.*

-At least 2-5 years of recent underwriting experience preferred.

BENEFITS
Salary DOE

We also offer a generous Benefits Packing including:
-Health/ Dental
-Employer Matching 401K
-Paid Holidays
-Sick/ Vacation Time
-Fun, casual atmosphere

COMPANY INFORMATION
Primary Residential Mortgage, Inc. has a simple but powerful plan guided by a clear and focused vision: to find the best mortgage professionals in the industry and give them an unparalleled opportunity.

Partner with one of the nation’s fastest growing mortgage lenders, with more than 2,000 employees throughout 49 states nationwide with funding approaching $5 billion annually; you'll have the strength of a nationwide company behind you.

Focused on the needs of mortgage professionals, PRMI leverages your expertise with a talented and highly skilled back office team of industry specialists allowing you to achieve greater success.


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