Mortgage Loan Underwriter Job in Chattanooga 37421, Tennessee US
APPLICATION INSTRUCTIONS
To apply for this or other Mortgage Investors Group positions, please proceed to:
http://tbe.taleo.net/NA4/ats/careers/jobSearch.jsp?org=MIGONLINEcws=1
East Tennessee’s largest independent retail mortgage lender and top 5 vilume lender in the state in total volume (#1 THDA, #2 FHA and #2 VA), Mortgage Investors Group, has an immediate opening for an EXPERIENCED Mortgage Loan Underwriter in our Chattanooga, TN Branch Office.
We offer excellent compensation and a comprehensive benefits package including medical, dental, life and disability insurance and 401(k).
A Mortgage Loan Underwriter will underwrite all loans according to the proper document type, investor, agency and internal guidelines. Underwrite all files within 24 to 48 hours of receipt and clear any underwriting conditions within 24 hours of receipt. Provide assistance to closing post closing with any underwriting issues. Give guidance to the sales personnel in the structuring of loans for the appropriate programs and assist processors with any questions regarding conditions or required documentation. Provide guidance for all Credit Analyst with underwriting questions and give direction in making sound underwriting decisions. Share responsibility with other underwriters in the answering questions in the government and conventional underwriting mailboxes.
- Underwrite FHA and VA loans insuring they meet the guidelines set forth by these agencies as well as meeting all MIG credit overlays.
- Underwrite Agency loans in accordance with FNMA and FHLMC guidelines as well as MIG’s credit overlays.
- Underwrite Rural Housing loans within guidelines set forth by Rural Housing and MIG’s credit overlays. Load and validate loan information in the GUS automated underwriting system.
- Underwrite BOND loans (Tennessee, Mississippi, Arkansas, and Georgia) within guidelines set forth by the state the loan is closing in and insure the loan meets all of MIG’s credit overlays.
- Assist closing and post closing with any underwriting issues or questions. Assist sales personnel and processors with any questions pertaining to loan approval/denial and give guidance where needed.
- Other duties as assigned.
Minimum Education:
- High School diploma or equivalent required
- Some college preferred
Minimum Knowledge/Ability:
- Demonstrated communication and organizational skills
- Proficiency in various computer software programs including: Microsoft Office (Excel, Word, Access), database management and other business applications
- Ability to work independently with little or no supervision
- Excellent follow-up skills, problem-solving and analytical skills
- Ability to relate and communicate in a professional manner with all levels of management, internal and external contacts
- Ability to prioritize and perform constantly changing multiple tasks in a very fast paced environment
- Self-discipline, self-motivation and self-reliance a plus
Minimum Experience:
- Minimum of 10 years experience in the underwriting of government, agency, Rural Housing and Bond Loan Programs
- Minimum of 2 year experience in the underwriting of FHA 203k loans
- Minimum of 5 years experience in the underwriting of Third Party Originated loans
- Proficiency in DE CHUMS # and VA LAPP preferred
APPLICATION INSTRUCTIONS
To apply for this or other Mortgage Investors Group positions, please proceed to:
http://tbe.taleo.net/NA4/ats/careers/jobSearch.jsp?org=MIGONLINEcws=1