Underwriter (VA Lapp / SAR/ Work from home)

Employer
Sun West Mortgage Company, Inc
Location
Alexandria, VA
Posted
Jun 19, 2017
Closes
Jun 21, 2017
Function
Accountant, IT
Hours
Full Time
TAKE YOUR CAREER TO NEW HEIGHTS IN 2017 WITH SUN WEST MORTGAGE, INC.Freddie, Fannie, and Ginnie Direct. Privately Held Since 1980. Never Lose Touch with Your Customer: We Service 99.9% of All New Originations.Custom Non-Agency Prime Jumbo Products ARM and FIXED. Common Sense Underwriting.Agency and Government Loans are Not Subject to Investor Overlays and Investor FICO Restrictions. 20 Day Closings. Sun West Mortgage Company, Inc. (www.swmc.com) is a full service, mortgage banker established in 1980. Our excellent service and fast turn times have made Sun West a multi-billion dollar national originator. As a result, Sun West is a leader in offering a diverse set of products at excellent pricing. Sun West is a HUD approved mortgagee (FHA & HECM), VA LAPP approved, USDA lender, Fannie Mae and Freddie Mac Seller/Servicer, and Ginnie Mae Issuer. Sun West is a national leader in HMBS, residential, and commercial securitization. Sun West is well recognized for its stability, capitalization, and technological superiority. We are growing rapidly in this unique market and we are inviting top-notch professionals to participate in our success.WHY YOU SHOULD JOIN SUN WEST: Comprehensive Mortgage Lending Program Offerings FHA Section 184 Native American Program Manufactured Homes - FHA, VA, 203K, Conventional Streamline HECM Reverse Mortgage - Purchase and Refinance Repair Escrow Hold Backs All VA and USDA programs Non-Conforming Jumbo All Conventional Programs Non Agency Prime Jumbo up to $3 million. (ARM and Fixed) High Balance Conforming VA Jumbo up to $3 million Competitive base salary plus commissions. Sun West is licensed in over 47 states including Puerto Rico, Virgin Islands, and District of Columbia. Job Description: You will make independent credit decisions that commit us to $20-$30 million of lending every month. Review loans and issue an underwriting decision in compliance with the relevant Agency, Sun West and Investor guidelines. Analyze the credit-worthiness, collateral, accuracy of Total Scorecard (DU/LP). Issue the Loan Transmittal and the Conditional Commitment. Issue the Loan Analysis and the Loan Summary. Exclusively authorized to downgrade a loan to a Manual Underwrite, when required. Remain current on all federal and state regulations. VA / LAPP REQUIRED MUST HAVE DE (CHUMS ID). Be up-to-date with all relevant mortgagee letters, specifically ones released since 01/2008. Be actively underwriting FHA loans for the past 24 months. A minimum of 3 Yrs. experience in FHA and Conventional Underwriting. Knowledge of Investor Guidelines, Product Delivery, and AUS engines is required. Experienced with DU and LP preferred. Excellent verbal and written communication skills are necessary. Customer service and detail-oriented, responsible and accurate. Calculate income accurately (per FHA / VA / Agency Guidelines), including but not limited to reviewing Tax Returns and any accompanying Tax Schedules. Verify assets required to close the loan, including but not limited to trailing funds, gift-funds, etc. Calculate the loan amount accurately in case of Rate and Term Refinance, Streamline Refinance, etc. Read and interpret the HUD 1 and can spot deficiencies, if any. Be aware of the following laws/regulations and know how to apply the same: Mortgage Disclosure Improvement Act (MDIA). RESPA Reforms - Appraisal Independence and HVCC. Have good/excellent Computer skills including but not limited to Web Browser, E-mail, Adobe Acrobat (R) (Create PDF / Split PDF, etc.), Microsoft Office, and Google Apps. Have a good/excellent Typing skill/speed. Able to meet company set production volumes. Able to work additional hours as required. Sun West Mortgage Company, Inc. is an Equal Opportunity Employer. The company and its affiliates recruit and hire qualified candidates without regard to race, religion, color, sex, sexual orientation, gender, gender identity, age, national origin, ancestry, citizenship, veteran or disability status, medical condition, marital status, or any other factor prohibited by federal, state, provincial, and municipal laws. You can also connect with us on Linked in by Clicking HERE