[Remote] Sr. Underwriter (FHA/VA)

Note: The job is a remote job and is open to candidates in USA. Plaza Home Mortgage, Inc. is a privately owned, full-service national lender, offering various residential mortgage services. The Sr. Underwriter (FHA/VA) is responsible for analyzing and evaluating consumer home loan applications to assess Borrower’s creditworthiness and making lending decisions based on established guidelines. Responsibilities • Perform mortgage credit analysis, with or without the assistance of an automated underwriting system to determine Borrower’s willingness and ability to repay the mortgage debt • Knowledge of FNMA and FMLMC documentation and general guidelines/standards • Validate loan application and supporting documentation and verify that the system of record reflects correct information. Update system of record when required • Review and validate: income, asset, credit, title, value, and fraud reports • Ensure all required property information is in system • Look over all loans to substantiate that they meet Plaza’s underwriting guidelines • Pull credit report as required • Confirm government required documents are complete and accurate • Review title information and purchase contract, if applicable • Run and review quality control tools –i.e. FraudGuard and Early Check • Run, review, and interpret DU/LP/GUS/TotalScoreCard, when applicable • Document system with all dates and information • Certify system data integrity • May underwrite one or all of the following loan types: Conventional, Jumbo, FHA, 2013k, VA, and USDA based on lending authority levels (underwritten loans must meet all quality standards established by Plaza, Fannie Mae, Freddie Mac, FHA, VA, and USDA) • Maintain production standard goals as established by management • Ability to act as FHA DE, and/or VA Automatic and SAR Underwriter • Order and review MI based on loan program. Ensure that system of record matches MI certificate • Approve/deny loans and update the system accordingly with P.A.C.E comments • Re-underwrite loans when additional information has been received • May be asked to second sign loan decisions for lower level authority underwriters • May occasionally be required to provide training for and mentoring to Junior • Underwriters and newly hired Senior Underwriters • Answer and research general underwriting scenario and guideline questions via email and phone • Complete all required underwriting worksheets and checklists - i.e. Income • Worksheet, QM/ATR checklist • Assist in resolving branch post-closing suspense issues • Must be able to evaluate and analyze complex income tax returns to establish qualifying income • Other duties as assigned Skills • Recent Underwriting experience in the mortgage industry is a must • Experience with FHA, VA, or USDA is required • Thorough grasp of state and federal regulations is required as well as a solid understanding of: HMDA, Regulation Z, Regulation B; the FHLMC, FNMA, FHA rules and processes • Experience with Loan Origination Systems such as DataTrac • Knowledge of paperless file environment and image software repository • Proficiency with computer systems including MS Office (Word, Excel, and Outlook) and Internet Browsers • Genuine commitment to customer service • Solid organizational and problem-solving skills • Proven aptitude to work in both a team and individual environment • High school diploma or equivalent required; College degree preferred • Experience with (AUS) automated underwriting systems • Working knowledge of loan program products and services, and policies essential Benefits • Medical • Dental • Vision • Life • Pet insurance • 401(k) • Employee friends and family loan • Employee assistance program that includes a variety of discounted services Company Overview • Plaza Home Mortgage, Inc. is a company providing Wholesale Lending, Correspondent Lending, Mini Correspondent, and Reverse Mortgages It was founded in 2000, and is headquartered in San Diego, California, USA, with a workforce of 501-1000 employees. Its website is http://www.plazahomemortgage.com. Apply tot his job Apply To this Job