Job Description

Job Description Job Description The Single Family Underwriter assists with the success of the Agency’s Single Family programs. Primary responsibilities include mortgage underwriting and analysis, review of loan closing documents and communication with the lender network for all Single Family Programs.  ESSENTIAL DUTIES AND RESPONSIBILITIES:  · Perform underwriting file review and evaluate loan to determine compliance with Agency/Investor guidelines to include data validation, appropriate calculations of income, assets, debt to income, loan to values, review of credit report and collateral/appraisals. · Determine and communicate underwriting decision to the appropriate individuals · Clearly communicate with lenders regularly regarding status and items that are outstanding and assist in addressing questions · Evaluate and approve loan conditions · Interface with loan reservation system, inclusive of ensuring accuracy of data, dispositioning approved loans to “Underwriter Certified” and monitoring third party document deficiencies, etc. · Review closing documents for each loan and/or MCC to ensure accuracy prior to closing  · Review funding/wire requests for down payment assistance loans prior to submission to the Financial Management Department · Assist with clearing post-closing deficiencies required to be cleared for loans to be purchased  · Represent the Agency at homeownership events and promote Single Family Programs · Perform other duties as required  KNOWLEDGE AND QUALIFICATIONS: · Bachelor’s Degree in Business or related major or equivalent years of experience required · 5-7 years’ experience of mortgage underwriting of FHA, VA, Freddie Mac and Fannie Mae loan products, knowledge of bond programs a plus · Understanding of mortgage concepts, practices and procedures · Ability to analyze and evaluate complex financial and asset statements, personal and business income tax returns · Demonstrate excellent organizational skills · Ability to pay strong attention to detail  · Must be able to successfully and autonomously manage projects of a varied and complex nature · Must possess strong working knowledge of all aspects of Microsoft Office Suite, specifically Excel · Excellent communication skills both verbal and written  · Ability to work proactively and operate accurately and efficiently in a fast-paced environment with variable deadlines OTHER CHARACTRISTICS: · Ability to work proactively and operate accurately and efficiently in a fast-paced environment with variable deadlines · Maintain high ethical standards of integrity and quality PI73a6de2d758c-25405-38167479

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