Quality Control Pre Fund Underwriter (Remote)

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Posted 4 days ago United States Salary undisclosed
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Job Description

Job Description

About Guaranteed Rate:

We're Guaranteed Rate, the 5th-largest retail mortgage lender in the U.S. with more than $73 billion in loans funded in 2020 alone. We're based on a philosophy that We Grow For Good and that the more we grow, the more we can help people-and we've been growing exponentially by partnering with the best real estate agents, hiring the best people, and offering industry-leading tech, low rates and the highest level of customer service. Headquartered in Chicago, our 9,000 employees are in every state across 350 offices. We know anything is possible as long as you believe. Do you believe you're a perfect fit? We'd love to hear from you.

Job Description:

Remote position: Review loan files to ensure complete and accurate documentation, adherence to Guaranteed Rate and investor standards and to test for data integrity including a full re-underwrite of sampled loans including but not limited to:

* Re-calculation of income
* Re-calculation of assets
* Re-calculation of liabilities
* Credit review, including ensuring that the borrowers have demonstrated the ability and willingness to repay
* Collateral review, including ensuring the subject property appraisal adequately supports the estimate of value
* Review of compliance with all relevant guidelines of all applicable investors, Review of compliance with all relevant state and federal regulations
* Review and confirmation that all loan approval conditions required by the underwriter were satisfied prior to review

Requirements:

* 10 years' recent underwriting experience with minimum 5 years' FHA Direct Endorsement
* VA LAPP/SAR preferred
* 203 (k) experience preferred
* VA Reno experience preferred
* Ability to navigate all investor policies, including specific GRI and Investor overlays
* Ability to communicate audit results in a clear, professional manner
* Ability to review complex tax returns and asset statements with confidence
* Strong knowledge of FHA appraisal requirements
* Ability to meet department quota expectations without sacrificing quality reviews
* Strong verbal and written communication skills
* Excellent customer service skills with strong attention to detail
* Ability to work flexible hours as needed

Guaranteed Rate is an Equal Opportunity Employer that welcomes and encourages all applicants to apply regardless of age, race, sex, religion, color, national origin, disability, veteran status, sexual orientation, gender identity and/or expression, marital or parental status, ancestry, citizenship status, pregnancy or other reason protected by law. #LI-LC2 #LI-Remote