Government Underwriter

About JMAC Lending:

With over 25 years of experience, JMAC Lending has established itself as a leader in the industry. We pride ourselves on our innovative products, outstanding service, and unwavering commitment to supporting our partners in growing their businesses. Our culture revolves around surpassing conventional market options, positioning us as the preferred lender for our clients. Our team boasts impressive credentials and participates in ongoing education to blend knowledge with experience seamlessly. Built on a foundation of the highest ethical standards, our company excels in delivering competitive product pricing for wholesale and correspondent lending to our valued clients.

The Opportunity:

The Government Underwriter is responsible for reviews and evaluates information on mortgage loan documents to determine if the borrower, property, and transaction meet JMAC guidelines. JMAC Lending has funded more than $20 billion in mortgage loans. The Conventional / Government underwriter is responsible for rendering a decision within company guidelines and communicating the decision to all applicable parties. Must be able to work independently, or as a team; have critical thinking skill, have excellent written, and verbal communication skills. Maintains exceptional customer service to remain consistent with company culture.

This role will deal with numbers, calculations and must possess a good auditing and analytical skills including a firm knowledge on math. A good skill in decisions making is also vital since the major of mortgage underwriters are deciding and evaluating whether to approve or deny the client's loan application.

This is a Full-Time/Remote opportunity with varying working 8:00-5:00 in both Pacific and Central time zones Monday-Friday offering competitive pay ranging from $44.71 to $52.88 hourly plus bonus.

Key Responsibilities:

• Review credit documents in accordance to JMAC, FHA, and VA guidelines.
• Review borrower’s income and assets in accordance to JMAC, FHA, and VA guidelines.
• Review subject property title and appraisal in accordance to JMAC, FHA, and VA guidelines.
• Must be able to make loan decisions independently (Approve or Decline).
• Sign off on conditions.
• Verify the consistency of information throughout the file
• Utilize FHA Connection, FHA EAD, VA VIP/WebLGY, and GUS to complete, correct, or verify the validity of required forms.
• Complete assigned files within established turn times.
• Maintain communication, and customer service with file contacts throughout the loan process.
• Other duties as assigned.
• Based on business needs overtime may be required.

• At least 2 years of recent experience as a DE and SAR Underwriter.
• A minimum of 2 years of recent expertise in FHA and VA lending.
• A thorough understanding of current FHA and VA guidelines.
• Familiarity with federal and state regulations in the mortgage banking sector (including TRID, ECOA, Fair Lending, etc.) is essential.
• Proficient knowledge of DU/LP/TOTAL Scorecards is required.
• Excellent communication skills with the ability to engage effectively with brokers.
• Preference for candidates with 6 months or more experience in USDA/RD, though it's not mandatory.

• Comprehensive Health Care Plan (including Medical, Dental, & Vision)
• Life Insurance Options (Basic, Voluntary & Accidental Death & Dismemberment)
• Generous Paid Time Off (for Vacation & Holidays)
• Secure Retirement Plan (401k)
• Short-Term & Long-Term Disability Coverage
• Family Leave Benefits
• Access to Wellness Resources

JMAC Lending, Inc. is an Equal Employment Employer. We are committed to workforce diversity. Qualified applicants will receive consideration without regards to age, race, religion, sex, sexual orientation, gender identity or national origin.

DISCLAIMER: JMAC Lending is an evolving company. As such this job description is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned.