DIRECT ENDORSEMENT (FHA) UNDERWRITER
B. REPORTS TO: OPERATIONS MANAGER, MORTGAGE ORIGINATIONS
Examine, evaluate and underwrite all FHA loans
Assist, review and train staff on FHA
Communicates required stipulations, resolve discrepancies and/or advise of loan status
D. RESPONSIBILITY AND DECISION-MAKING AUTHORITY
Processing and Closing with FHA Trainig and FHA Pre-Qualifications
Packaging FHA files and assisting as needed, that loans are insured by the FHA in a timely mannger.
Assist in managing the pipeline of FHA files.
Assist, as needed, in the underwriting of residential loans, reviewing information on mortgage loan documents to determine if borrower, property and loan conditions meet company, investor, and government standards, and escalating decisions on exceptions to the appropriate level for approval.
Able to work with minimal supervision
E. KNOWLEDGE, SKILLS, AND ABILITIES
Knowledge of FHA underwriting, FHA connect and FAnnie Mae DU guidelines
Highly motivated as well as ability to work well in a team environment
Strong customer service skills
Excellent interpersonal, organizational and time management skills
Strong analytical skills and must be detail oriented
High level of professionalism
F. EDUCATION, TRAINING, AND EXPERIENCE REQUIRED
Bachelors Degree or higher
Direct Endorsement courses
Five years recent FHA experience, active CHUMS# required
Expert knowledge with FHA regulations and underwriting guidelines pertaining to FHA Secure along with extensive appraisal knowledge
Knowledge of Fannie Mae Desktop Underwriter
Ability to analyze and evaluate credit reports, financial statements, and tax returns
Knowledgeable with FHA Insurance Submission Requirements and FHA Connection application process reports.