Top Mortgage Underwriter Skills

Below we've compiled a list of the most important skills for a Mortgage Underwriter. We ranked the top skills based on the percentage of Mortgage Underwriter resumes they appeared on. For example, 10.4% of Mortgage Underwriter resumes contained Loan Portfolio as a skill. Let's find out what skills a Mortgage Underwriter actually needs in order to be successful in the workplace.

The six most common skills found on Mortgage Underwriter resumes in 2020. Read below to see the full list.

1. Loan Portfolio

high Demand
Here's how Loan Portfolio is used in Mortgage Underwriter jobs:
  • Reviewed that documentation was adequate to ensure collateral security, and sufficient to maintain the loan portfolio s quality and profitability.
  • Assisted in bid to purchase loan portfolios with FDIC and other lending institutions that contributed to consistently high quality mortgage loans.
  • Provide exceptional client relations to key customers and prioritize high-volume workload to ensure monthly production goal on loan portfolio.
  • Performed detailed analysis, assessment and in-depth document review for Conventional, USDA, HARP and FHA loan portfolios.
  • Evaluated loan portfolios on a case by case basis, recommending approvals and qualifying status.
  • Review loan portfolios in a paperless environment to assure compliance with funding agency guidelines.
  • Audited delinquent loan portfolios for fraud, origination, servicing, and payment histories.
  • Manage the on-site process of buying and selling non or under-performing loan portfolios.
  • Determine the value of performing and non-performing mortgage loan portfolios.
  • Managed a large loan portfolio for Freddie, Fannie, SFO, HFI & FHA.
  • Identified problem areas within the loan portfolio, analyzed risks and suggested appropriate solutions.
  • Maintained daily loan portfolio * Educated and assisted brokers through loan process.

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2. Income Documentation

high Demand
Here's how Income Documentation is used in Mortgage Underwriter jobs:
  • Examined loan documentation that included reviewing appraisals, credit reports, title reports, and income documentation for accuracy and completeness.
  • Analyze credit applications, review credit reports, income documentation, property appraisals and all applicable documents for mortgage approval/decline.
  • Analyzed and deciphered credit reports, income documentation including self- employed analysis, asset statements, appraisals and Desktop Underwriter.
  • Perform high level analysis of financial statements and income documentation to determine historical and projected risk.
  • Analyzed credit profiles, collateral reviews, income documentation including tax returns and calculations.
  • Review employment documentation and re-calculate income documentation for completeness and accuracy per guideline requirements.
  • Analyzed credit reports, income documentation and court documents to determine borrower eligibility.
  • Gathered, analyzed and reviewed income documentation while calculating debt to income ratio.
  • Reviewed income documentation and calculate to ensure ratios are acceptable per guideline requirements.
  • Review credit report, appraisal, income documentation and other supporting documentation.
  • Requested documentation to clear any discrepancies on income documentation or credit report.
  • Examined income documentation, assessed collateral risk, and evaluated credit eligibility.
  • Evaluated income documentation and used Excel spreadsheet to perform income calculations.
  • Reviewed income documentation, credit reports, loan applications & followed guidelines
  • Gathered and assessed income documentation to determine acceptable risk of applications.
  • Reviewed credit applications, appraisals, income documentation, and other legal documents in order to make credit and collateral decisions.
  • Analyzed the income documentation provided by the wage earner as well as the income documentation provided by the self employed borrower.
  • Evaluated borrower profile including all income documentation, tax returns, credit reports, judgments, bankruptcy documents and appraisals.
  • Validate various income documentation and income scenarios, credit, assets, debt to income ratios and loan to value.
  • Analyzed appraisals, credit reports, income documentation, and mortgage application for compliance with Regulation B and C.

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3. Credit Reports

high Demand
Here's how Credit Reports is used in Mortgage Underwriter jobs:
  • Analyzed credit reports, income information, and especially appraisals to support a credit decision conforming to Company and investor guidelines.
  • Verified employment history and deposit information, obtaining and reviewing residential mortgage credit reports, property appraisals and tax returns.
  • Review financial statements, credit reports, and applicable ratios and evaluating transactions to ensure accuracy and completeness of applications.
  • Investigated and analyzed financial statements and credit reports submitted by wholesale lenders to interpret financial stability and assess credit risk.
  • Analyzed consumer credit reports and securing loans with collateral to determine eligibility a net tangible benefit prior to post closing.
  • Analyzed loan applications, credit reports, income documents, titles and appraisals, determining eligibility and regulatory compliance.
  • Analyzed credit reports and associated documentation, analyzes appraisals, qualifies and classifies loans according to company guidelines.
  • Performed loan underwriting using proprietary research tools, credit reports, and automated underwriting systems.
  • Reviewed and analyzed credit reports and other documentation for mortgage and other credit history.
  • Credit reports, applicable ratios and other supporting documentation acceptability and customer contact.
  • Analyzed credit reports and determined eligibility of borrower base on credit finding.
  • Worked in preparation of documentation relating to mortgage underwriting and credit reports.
  • Evaluate credit reports and mortgage documents for completeness and accuracy.
  • Analyzed borrower credit reports, determined risk and document integrity.
  • Order credit reports and verification documents.
  • Reviewed and validated loan applications, credit reports, appraisals, title reports, inspected and escrow documents to ensure accuracy.
  • Analyzed tax returns, financial statements, credit reports, business reports, and legal documents to accurately underwrite loan applications.
  • Reviewed loan-to-value ratio, credit reports, and applications to ensure that loans met secondary market, investor and Company standards.
  • Reviewed mortgage applications remotely, verified income, assets, credit reports and appraisals and ensured that they met lending guidelines.
  • Review tax returns (personal and business), financial statements, credit reports, legal briefs, and auxiliary documentation.

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4. Loan Applications

high Demand
Here's how Loan Applications is used in Mortgage Underwriter jobs:
  • Rendered the final credit decision on all loan applications, providing a detailed written analysis to support any underwriting decision.
  • Review loan applications in online underwriting system, to assure completeness of data, information listed and additional documentation.
  • Position entailed making decisions on residential mortgage loan applications and communicating the results to both internal and external customers.
  • Approved, counter offered or declined loan applications after careful determination of borrower's capacity, credit and collateral.
  • Reviewed initial loan applications for primary, secondary and non-owner occupied investment properties for purchase and refinance purposes.
  • Analyzed and evaluated residential loan applications originated by branch offices in accordance with industry and business unit standards.
  • Evaluated the mortgage loan applications to determine acceptability and compliance with applicable state, local and federal regulations.
  • Recommend approval or rejection of loan applications based upon analysis of credit, appraisal and investor guidelines.
  • Evaluated consumer loan applications to eligibility for loan programs; examined transactions to ensure accuracy and completeness.
  • Utilize experience and training to effectively Solve problem loan applications to facilitate loan approval whenever possible.
  • Review, analyze and underwrite residential and consumer loan applications by rendering a solid credit decision.
  • Evaluated, approved, counter offered or declined mortgage loan applications based on established criteria.
  • Examined residential mortgage loan applications and credit to ensure loans met company and investor guidelines.
  • Reviewed mortgage loan applications and made sound credit decisions based on corporate underwriting guidelines.
  • Maintain contact with investors and loan officers to ensure quality loan applications and documentation.
  • Evaluate difficult and complex loan applications to render underwriting decision based on overall risk.
  • Review existing loan applications to ensure applications adhere to current internal and industry guidelines.
  • Reviewed loan applications submitted by borrowers and make credit decisions based on lender criteria.
  • Evaluated mortgage loan applications and supporting documentation in order to make sound credit decisions.
  • Reviewed, inspected and validated complete loan applications for completeness, accuracy and soundness.

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5. Ensure Compliance

high Demand
Here's how Ensure Compliance is used in Mortgage Underwriter jobs:
  • Reviewed loan documentation for accuracy and completeness and to ensure compliance with various state and local government regulations and guidelines.
  • Reviewed and analyzed mortgage files and automated underwriting findings to ensure compliance following investor guidelines, company policies and procedures.
  • Performed financial and decision reviews of mortgage files to ensure compliance with company requirements and governmental regulations.
  • Review all income, asset, credit/liability and collateral documentation required to ensure compliance with conventional guidelines.
  • Prepared all necessary approval documents, including worksheets required to ensure compliance with regulatory guidelines.
  • Examine income calculations made by junior underwriters to ensure compliance with investor and internal regulations.
  • Review credit and property documentation to ensure compliance with Government and investor requirements and regulations.
  • Examined loan documentation to ensure compliance with various state and government regulations and guidelines.
  • Provided regular statistical reporting and undertaking of audits to ensure compliance with control procedures.
  • Documented and justified decisions to ensure compliance with company and industry guidelines.
  • Audit legal packages to ensure compliance with investor and regulatory guidelines.
  • Performed file reviews to ensure compliance with regulatory and investor requirements.
  • Evaluate litigation files to ensure compliance with court ordered modifications.
  • Analyze borrower documentation to ensure compliance with investor guidelines.
  • Conduct quality analysis and review of files to be underwritten to ensure compliance for investors; also perform bank income review.
  • Retail -Actively underwriting conventional, FHA, VA and USDA retail mortgage applications to ensure compliance with agencies.
  • Handled the auditing of accounting and financial data to ensure compliance with government laws and accounting guidelines.
  • Perform quality assurance audits to ensure compliance with Capital One policy, procedures, and regulatory requirements.
  • Reviewed files to ensure compliance with corporate policies and procedures while consistently meeting daily processing quota.
  • Reviewed and underwrote residential mortgage loans to ensure compliance with bank policies and investor requirements.

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6. Underwriting Guidelines

high Demand
Here's how Underwriting Guidelines is used in Mortgage Underwriter jobs:
  • Reviewed, analyzed and made final determination on loan submissions using manual underwriting guidelines as well as validating Automate Underwriting recommendations.
  • Mortgage Underwriter maintains production, exceptional quality and up to date knowledge of underwriting guidelines to effectively underwrite loans for placement.
  • Reviewed and analyzed loan information and applications in accordance with portfolio underwriting guidelines and exception policy, to make loan decision.
  • Approved conventional loans using Freddie Mac Loan Prospector automated underwriting guidelines and jumbo non-conventional loans using Countrywide Home Loans guidelines.
  • Conduct quality assurance functions: monitored proper pricing adjustments to ensure accuracy and adherence to various products and underwriting guidelines.
  • Apply and interpret company underwriting guidelines, make sound credit decision to determine any conditions, stipulations or funding requirements.
  • Applied all internal underwriting guidelines, investor requirements and federal regulations to the decision process to ensure loan quality.
  • Mortgage products risk assessor possessing a comprehensive knowledge of underwriting guidelines and restrictions for conforming and non-conforming loan programs.
  • Utilized Credit Policies, Underwriting Guidelines and Product parameters for approving applications and declining those not meeting credit standards.
  • Determined appropriate recommendations subject to management and underwriting guidelines for change of terms, modification, withdrawal and declines.
  • Performed detail review and credit analysis of residential mortgage loans submitted from originators to ensure loans meet underwriting guidelines.
  • Coach and counsel with personnel in the interpretation and application of underwriting guidelines, providing guidance and recommendations.
  • Advise mortgage loan personnel in the interpretation and application of underwriting guidelines and provide guidance and recommendations.
  • Ensured the accuracy of data submitted by customers and adhered to underwriting guidelines and lender program exceptions.
  • 2107Performed first line quality reviews, to ensure adherence to underwriting guidelines and regulatory compliance requirements.
  • Identify, analyze and evaluate loan risk by underwriting conventional loans to investor underwriting guidelines.
  • Translate underwriting guidelines and analyze all documentation received for compliance with PHH and investor guidelines.
  • Review CONV/FHA open/closed loans for eligibility under agency underwriting guidelines and/or negotiated underwriting guidelines.
  • Evaluate and underwrite files according to underwriting guidelines and state and federal reporting guidelines.
  • Trained junior and new-hire underwriters in effective utilization of Saxon systems and underwriting guidelines.

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7. Va

high Demand
Here's how Va is used in Mortgage Underwriter jobs:
  • Provided complex personal and business financial analysis and utilized comprehensive knowledge of FHA/VA lending guidelines to maintain internal and investor standards.
  • Validated all documents related to credit reviews, maximized productivity and maintained service turn times while producing a high quality product.
  • Set Conditions for items and information needed to complete and implemented accurate calculations and recommendations for approval or denial determination.
  • Provided quality loans for the company by underwriting and evaluating residential mortgage applications originated by U.S. Bank branch office guidelines.
  • Advanced asset analysis and experience with layering risk and evaluation aid with determining compensating factors supporting creditworthiness when required.
  • Review and analyze appraisal to insure liability and stability of property and inclusive of appraisal/property evaluation for compliance requirements.
  • Contacted various groups and departments to ensure the timely delivery and aging requirement of necessary documents to decision loans.
  • Analyzed and reviewed Residential/Condo/Multi-Family appraisals when necessary; used sole discretion to determine if subject property value was valid.
  • Work with Processors and Loan Officers to obtain additional documentation necessary to make appropriate evaluation for loan decisions.
  • Review and evaluate information on mortgage loan documentation to determine if borrower and/or property meet loan standards.
  • Be available to processors and representatives for general guideline interpretations and questions on specific loan files.
  • Cultivated relationships with the broker community and sales representatives by providing timely updates on loan status.
  • Communicated decisions, including approval, suspension, and denial, to appropriate individuals within organizations.
  • Analyzed borrower debts and collateral to determine credit decisions, property valuation and restructured loans.
  • Performed manual underwriting duties as well as validate automated underwriting findings for several mortgage investors.
  • Full responsibility for auditing loan file accuracy and completeness, validation of compliance with guidelines/.
  • Reviewed approval conditions for accuracy and structuring loans according to policy requirements and credit quality.
  • Created an innovative way to complete the underwriting process which maintained quality and increased productivity.
  • Demonstrated ability to communicate and work with internal and external partners in various locations.
  • Validated underwriting decision within authority; imparted training to all concerned on company guidelines.

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8. Desktop Underwriter

high Demand
Here's how Desktop Underwriter is used in Mortgage Underwriter jobs:
  • Authorized to review and decision conventional residential mortgage loans utilizing automated underwriting systems based on Loan Prospector and Desktop Underwriter.
  • Underwrite conventional residential mortgage applications to either FNMA or portfolio guidelines, both manually and using Desktop Underwriter.
  • Utilize both automated underwriting systems of desktop underwriter & loan prospector.
  • Provided Conventional front line underwriting utilizing Desktop Underwriter & Loan Prospector
  • Worked extensively with Loan Prospector and Desktop Underwriter.
  • Underwrite mortgage decisions based on Desktop Underwriter conditions.
  • Use of Automated underwriting modules, Desktop Underwriter and Loan Prospector, as well as manual underwriting process, paperless environment.
  • Review and analyze 8-10 loans per day using the internal automated underwriting system as well as Loan Prospector and Desktop Underwriter.
  • Input of data and analysis of findings in Loan Prospector, and Desktop Underwriter and Non-Conforming Jumbo Manual reviews.
  • Utilized Desktop Underwriter and Loan Prospector along with internal policy to decision loans.
  • Worked with LP, FMNA Desktop Underwriter, and FNMA Expanded Approval programs.
  • Utilized Desktop Underwriter and Loan Prospector for conforming loans and validated findings.
  • Experience with manual underwriting, Desktop Underwriter, and Loan Prospector.
  • Experienced with use of Desktop Underwriter on selected files.
  • Experienced in using Desktop Underwriter and Loan Prospector.
  • Experience using Desktop Underwriter and Loan Prospector.
  • Worked with branch offices to gather and clear loan conditions Completed various mortgage underwriting classes Experience with FNMA Desktop Underwriter

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9. Property Appraisals

high Demand
Here's how Property Appraisals is used in Mortgage Underwriter jobs:
  • Perform detailed review of appraisal for one-to-four family residential property appraisals to determine acceptability of security for loan programs.
  • Performed documentation reviews mitigating latent risk factors involving income and property appraisals according to investor guidelines.
  • Evaluated property appraisals for accuracy and condition and recommended further appraisal review, as needed.
  • Reviewed and evaluated loan applications and property appraisals to make loan decision.
  • Evaluate property appraisals to determine eligibility of collateral securing debt.
  • Analyzed real estate property appraisals for conformity to bank policy.
  • Reviewed property appraisals to meet collateral ratios.
  • Calculated income documents and analyzed property appraisals.
  • Review property appraisals for collateral.
  • Analyze borrower's income, credit and assets, along with property appraisals to make quality loans for Retail Bank Customers.
  • Perform required analysis of property appraisals to ensure subject properties meet the company's appraisal criteria.
  • Analyze property appraisals to determine the value of collateral, while ensuring a clear title.
  • Ordered and reviewed property appraisals; reviewed sales contracts and condo documents.
  • Analyze property appraisals, titles, sales contracts, etc.
  • Reviewed property appraisals to assess loan to value ratios.
  • Worked with external agencies to obtain property appraisals.
  • Review property appraisals and title reports.
  • Review of all property appraisals.
  • Analyzed property appraisals and titles.
  • Reviewed property appraisals to ensure value of property is accurately presented.

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10. Income Tax Returns

high Demand
Here's how Income Tax Returns is used in Mortgage Underwriter jobs:
  • Evaluated and analyzed income tax returns to establish qualifying income.
  • Reviewed personal balance sheet information, personal income tax returns, and pay performance.
  • Expanded my knowledge of appraisal review process, fraud detection, and analyzing complex self-employed income tax returns.
  • Review and analyze complex Business and Individual Income Tax returns of borrowers to determine income per Fannie Mae guidelines
  • Utilized thorough knowledge of personal and business income tax returns.
  • Analyzed personal and business income tax returns.

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11. Fannie MAE

high Demand
Here's how Fannie MAE is used in Mortgage Underwriter jobs:
  • Updated and entered Fannie Mae DU and LP approved eligible, and EA level I-II loans that remain within bank guidelines.
  • Follow GSE (Fannie Mae, Freddie Mac), NON-GSE, and Government investor guidelines for refinance and purchase loans.
  • Gained extensive experience in underwriting conventional and non-conventional portfolio lenders and Fannie Mae loans with signing authority of $1.5 million.
  • Reviewed and verified all items provided by the borrowers and ensured that they met the Fannie Mae and FHA required guidelines.
  • Run, read and interpret underwriting results from Fannie Mae Desktop Underwriter, Freddie Mac Loan Prospector and Countrywide Clues systems.
  • Review loan application once submitted DU, DP underwrote Fannie Mae FHA, Freddie Mac based on state and federal guidelines.
  • Managed the Fannie Mae Purchase Mortgage Program through a 3rd Party Vendor (MyCU Mortgage, Dayton, OH).
  • Review of income, assets, credit, title appraisal, purchase agreements, and disclosures per Fannie Mae guidelines.
  • Used company applications as well as Fannie Mae applications and adjusted borrowers mortgages based on Fannie Mae and government guidelines.
  • Complete tasks required per investor-specific guidelines in necessary applications; FHA, Fannie Mae, Freddie Mac and Non-Government investors.
  • Recorded underwriting activity logs, providing daily underwriting reports (Fannie Mae and Freddie Mac) to Mortgage Lending Managers.
  • Review, analyze, approve and underwrite residential mortgage requests using conforming, Fannie Mae and Freddie Mac lending requirements.
  • Worked directly with representatives of Fannie Mae and Freddie Mac regarding interpretation of guidelines to best meet the investor requirements.
  • Gained extensive experience in underwriting FHA, Freddie Mac and Fannie Mae loans to specific investor overlays and agency guidelines.
  • Conditioned mortgage purchase and refinance loan of Conventional and HARP in accordance to Freddie Mac and Fannie Mae guidelines.
  • Adhere to Fannie Mae and Freddie Mac Guidelines Reported results to managements for monthly analysis & file correction recommendations.
  • Well versed in the underwriting criteria for Fannie Mae, Freddie Mac, conduit lenders and life insurance companies.
  • Operated Fannie Mae operating systems to verify loss amounts or repayments needed case by case (if required).
  • Maintained dialogue with senior management utilizing Fannie Mae and Freddie Mac lender guidelines with signing authority up to 1.5m.
  • Underwrite residential loan files to determine compliance with Bank of America, Fannie Mae and Freddie Mac HARP/MHA requirements.

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12. Debt Ratios

high Demand
Here's how Debt Ratios is used in Mortgage Underwriter jobs:
  • Ensured accuracy of underwriting conditions, income and asset calculations, debt ratios and re-verify assets and accuracy of the application.
  • Evaluated loan to value, debt ratios, income sources, credit scores, property valuations and other criteria.
  • Analyzed debt ratios, loan-to-value ratios, credit scores, property valuations, and various other factors as needed.
  • Ensured debt ratios are in line with bank policy or identify compensating factors for granting exceptions.
  • Read and reviewed hardship letters and analyzed financial information to determine income to debt ratios.
  • Computed debt ratios and LTV as well as appraisal reviews in accordance with company policy.
  • Reviewed all documentation and verified that they were within the income to debt ratios.
  • Recalculated an applicant's gross monthly income, debt, and debt ratios.
  • Evaluated debt ratios, LTV's, and overall loan risk.
  • Identified credit risks based on market and clients debt ratios.
  • Calculate qualifying income, debt ratios and loan to value.
  • Evaluated debt ratios with complex individual and business tax returns.
  • Pull and analyze credit bureau and compute debt ratios.
  • Evaluated debt ratios, loan-to-value ratios, credit scores, and property valuations to factor ability to repay debt.
  • Confirmed mortgage loan approval rlected: income, credit history, debt ratios.

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13. Fraud Detection Techniques

high Demand
Here's how Fraud Detection Techniques is used in Mortgage Underwriter jobs:
  • Implement fraud detection techniques; contacting customers to gather information to make appropriate decisions, explain rationale behind credit decision.
  • Ensured documents are consistent and upheld to industry standards and implemented fraud detection techniques.
  • Negotiated loans based on lending guidelines; Implemented fraud detection techniques.
  • Implement and enforce fraud detection techniques.
  • Initiated fraud detection techniques and reported findings to internal representatives for conveyance to Radian.
  • Examined transactions utilizing fraud detection techniques to mitigate risk while maintaining a balance with production efficiency and goal attainment.

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14. Freddie Mac

high Demand
Here's how Freddie Mac is used in Mortgage Underwriter jobs:
  • Used Contour Software Mortgage Origination System and automated underwriting systems: Freddie Mac Loan Prospector
  • Qualify borrowers; process files to meet FHA, FNMA, or Freddie Mac approval; prepare files for closing.
  • Performed a mix of underwriting for Freddie Mac, Conventional, Refinances, and Non-Conforming from 2013 onward.
  • Originated mortgage loans for in-house ARM programs, Freddie Mac, Illinois Housing Authority and Rural Development.
  • Adhered with FHA, FNMA and Freddie Mac guidelines while determining a workout solution for the customer.
  • Evaluated tax returns and performed a financial analysis per investor guidelines (FNMA-1084/Freddie Mac).
  • Reviewed Appraisal for any discrepancies and to make sure within FNMA/Freddie Mac guidelines.
  • Developed extensive knowledge of Freddie Mac and Federal Home Loan Bank guidelines.
  • Underwrite residential loans to Freddie Mac guidelines per bank and investor requirements.
  • Helped initiate move to sell first mortgages to Freddie Mac.
  • Gained extensive experience in underwriting Freddie Mac loans.
  • Handled Freddie Mac investor and private investors.
  • Upload and evaluate loans using the ULDD dataset to Freddie Mac's selling system for sale to Freddie Mac.
  • complete knowledge of FNMA and Freddie Mac standards and guidelines.
  • Abided by Freddie Mac guidelines and criteria.
  • Audited defaulted mortgage loan files to check for compliance with Freddie Mac's official "Quality Control Guidelines".

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15. Financial Statements

average Demand
Here's how Financial Statements is used in Mortgage Underwriter jobs:
  • Assisted customers by explaining requirements for loans; analyzed historical and projected financial situation using tax returns and financial statements
  • Reviewed financial statements and income documents of borrowers to assess their ability to repay debt service requested.
  • Reviewed credit bureau and financial statements from mortgagors to determine eligibility for modification or repayment options.
  • Analyze business/consumer financial statements, individual credit, determine appropriate risk grades and recommend credit decision.
  • Reviewed loan applications, analyzing financial statements and determining qualification based on underwriting guidelines.
  • Determine and document historical and projected financial analysis utilizing tax returns and financial statements.
  • Reviewed personal and business returns with financial statements to assess income stability and continuity.
  • Review complex financial documents such as personal and/or business tax returns and financial statements.
  • Analyzed credit bureau reports, financial statements and evaluate customer's financial stability.
  • Calculated debt to income ratios from financial statements, determining eligibility for loan.
  • Spread and analyze financial documentation, including tax returns and financial statements.
  • Analyze financial statements and pertinent information to determine creditworthiness of prospective borrowers.
  • Calculated qualifying income including analyzing tax returns and financial statements.
  • Reviewed financial statements and financial viability of consumers requiring financing.
  • Reviewed financial statements, credit report and collateral package.
  • Analyzed financial statements, tax returns, balance sheets, profit and loss statements and business bank statements for self-employed applicants.
  • Interpret & analyze applicants credit history, income, asset and other financial statements to make quality loan decisions.
  • Review tax returns and financial statements, analyze various sources of funds and establish general creditworthiness of potential borrowers.
  • Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money
  • Completed cash flow analysis of personal as well as all types of business tax returns and financial statements.

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16. Customer Service

average Demand
Here's how Customer Service is used in Mortgage Underwriter jobs:
  • Provide exceptional customer service to both internal staff and external customer by explaining credit decision and offering alternative options when needed.
  • Supported the highest producing account executive in the company through excellent customer service and attention to detail in underwriting residential loans.
  • Maintained high customer service levels with mortgage brokers, processors, account executives and management through timely and effective communication.
  • Assisted upper management in developing processing and customer service guidelines for specialized refinance department within an established loan servicing facility.
  • Provided excellent customer service to brokers and lenders for follow-up and troubleshooting to expedite loan closing successfully.
  • Complete data integrity and accurate decision making while promoting a commitment to excellence through customer service skills.
  • Provided superior customer service to teammates and clients by explaining credit decisions and offering alternative options.
  • Communicated with Loan Officers and Processors to clear conditions and deliver superior customer service daily.
  • Provided exemplary customer service to both internal staff and external customer by explaining credit decision.
  • Gained valuable customer service knowledge and problem resolution experience while working in collections department.
  • Maintained posted turn time and delivered superior customer service while achieving required volume levels.
  • Maintained a high level of Customer Service including extensive communications with sales professionals.
  • Provided strong emphasis on customer service to brokers in very competitive wholesale market.
  • Maintained an excellent level of customer service via effective oral and written communication.
  • Fomented long lasting professional relationships with clients by providing excellent customer service.
  • Communicate effectively with internal staff to maintain high level of customer service.
  • Developed and maintained business relationships with brokers helping provide superior customer service.
  • Provide stellar customer Service to all staff by effectively explaining Credit Decisions.
  • Manage caseload within defined service levels agreements and customer service standards.
  • Required to provide excellent customer service to borrowers and banking representatives.

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17. Secondary Market

average Demand
Here's how Secondary Market is used in Mortgage Underwriter jobs:
  • Provide underwriting services with large, full-service regional mortgage lender, ensuring compliance with appropriate company and secondary market investor guidelines.
  • Analyzed, reviewed and approved moderate to complex residential loan request within company, industry and secondary market and modification guidelines.
  • Rendered credit decisions on conforming and non-conforming residential mortgage loans in accordance with company and secondary market investor guidelines and standards.
  • Communicate effectively to loan officers and processors the additional documentation needed to properly insure the loan files through secondary market.
  • Reviewed and evaluated information applications ensuring that each loan met secondary market, investor and company standards on loan documents.
  • Stayed current with secondary market activity, practices, and business/industry practices as they impact underwriting quality and origination activity.
  • Analyzed and qualified potential customers for secondary market investors or bank portfolios by using the respective guidelines and regulations.
  • Audit residential loan documentation for accuracy, completeness, and compliance with appropriate company and secondary market investor standards.
  • Underwrite residential mortgage loans in accordance with FHA/HUD/Secondary market and internal guidelines ensuring compliance with company and investor standards.
  • Underwrite residential loans to ensure compliance with appropriate company and secondary market investor standards while meeting quality goals.
  • Completed a quality review of original institution loan files for compliance with company and secondary market investor standards.
  • Receive residential loan documentation from loan processors ensuring compliance with appropriate company and secondary market investor standards.
  • Reviewed conditions and reworked existing files as necessary to ensure compliance with secondary marketing and regulatory guidelines.
  • Underwrite large or more difficult/complex residential loans ensuring compliance with appropriate company and secondary market investor standards.
  • Reviewed and rendered decisions regarding residential mortgage loan applications in accordance with secondary market and lender guidelines.
  • Worked diligently with secondary market managers to ensure all loans are underwritten and sold at maximum profitability.
  • Underwrite a broad spectrum of residential loans ensuring compliance with appropriate company and secondary market investor standards.
  • Executed underwriting tasks associated with portfolio loans and investor loans for secondary marketing including Fannie Mae.
  • Review Conventional Refinance and Purchase Transactions ensuring compliance with appropriate company and secondary market investor standards.
  • Underwrite residential mortgage loans to ensure compliance with company credit policy and secondary market investor standards.

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18. Jumbo

average Demand
Here's how Jumbo is used in Mortgage Underwriter jobs:
  • Analyzed and rendered conforming and jumbo loan dispositions on mortgage credit applications.
  • Analyzed complex Jumbo and Conventional loans to specific lender commitments.
  • Review Jumbo and non-conforming loans and make recommendation to management.
  • Experienced in underwriting Jumbo and Manufactured home loans.
  • Delegated authority to underwrite jumbo mortgage loans.
  • Awarded Jumbo Underwriter Authority for assigned Client.
  • Authorized to underwrite conforming, jumbo and all other advanced credit decisions, including manual underwriting, noted in credit policy.
  • Viewed as very knowledgeable in Residential lending, specifically Conventional, Jumbo, Alt-A, Government, and non-conforming loans.
  • Bank product: Economic Opportunity Mortgage (EOM; program so low to moderate income) and jumbo/super jumbo loans.
  • Entrusted with signing authority up to 1 Million to perform full risk underwrites on conventional mortgage loans including jumbos.
  • Analyze loan packages in compliance with Conventional, Jumbo, Portfolio, and manual guidelines for approval or denial.
  • Performed manual and automated underwriting on conventional conforming and non-conforming jumbo products, FHA and VA loan transactions.
  • Have underwritten all types of files, including Conventional, Jumbo, Platinum, and, A-minus loans.
  • Perform loan approval on conventional, FHA, VA, PMI, Jumbo and Insured loans when applicable.
  • Underwrite conventional, FHA/VA, Jumbo, and Non-QM alternative financing to meet the needs of clients.
  • Review and underwrite Jumbo Portfolio Delegated and Non -Delegated loans from correspondents all across the United States.
  • Mitigate company risks by ensuring loan proposals are underwritten to agency, IHDA, and jumbo guidelines.
  • Underwrite non-conforming, jumbo loans, and high-risk loans, which includes short sales and REO's.
  • Complete analysis of Conventional / FHA / JUMBO/ Super Jumbo loan packages, including collateral review.
  • Mortgage Underwriter/Senior Mortgage Consultant for Conventional, FHA, SONYMA, & Jumbo type of loans.

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19. Fnma

average Demand
Here's how Fnma is used in Mortgage Underwriter jobs:
  • Reviewed appraisal for acceptability of FNMA standards and ensure title commitment adheres to lender requirements.
  • Position: Mortgage Forensic Underwriter/Investigator -Reviewing FNMA foreclosed loans for possible re-purchase.
  • Adhere to FNMA guidelines ensuring all state, federal rules and regulations on all files are being met.
  • Assessed and reviewed credit and collateral documents, enhanced accuracy in loans compliant to FNMA and investor guidelines.
  • Preform collateral reviews by analyzing the appraisal, FNMA scoring systems, public online searches and more.
  • Guaranteed quality issues were resolved on FNMA audit projects; audited post foreclosure and early default mortgages.
  • Communicated with appraiser and advised on what was needed to bring appraisal up to FNMA guidelines.
  • Determined acceptable risk levels, prepared summaries, and qualified loan approvals base on FNMA guidelines.
  • Implement changing overlays to ensure quality files meet investor, FNMA, and FHA guidelines.
  • Run FNMA and FMLMC Early Check to ensure all data entry in file is consistent.
  • Composed significant Findings Letter after reviewing loans from various lenders for FNMA for possible re-purchase.
  • Reviewed initial FNMA underwriting of loan, re- submissions, and reviewing property reports.
  • Approved quality loan exceptions for loans that didn't qualify for FNMA approved guidelines.
  • Performed as primary trainer for underwriters and branch processors on FNMA Desktop Underwriting.
  • Underwrite residential mortgage loans assuring compliance with all FNMA guidelines and any overlays.
  • Underwrite Alta A and FNMA Desktop loans for residential purchases and refinance.
  • Reviewed and analyzed personal and corporate tax returns and completing the FNMA1084.
  • Report failed alternative lending loans that did not comply under FNMA/FHMLC guidelines.
  • Reviewed application information to ensure DU and FNMA's requirements were met.
  • Contract Underwriting of FNMA, Mass Housing, and Portfolio loans.

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20. Fhlmc

average Demand
Here's how Fhlmc is used in Mortgage Underwriter jobs:
  • Review residential mortgage applications against agency FNMA/FHLMC and portfolio/jumbo guidelines providing appropriate approval or decline based on home loan program.
  • Validated decision findings based on agency investor guidelines utilizing FNMA Desktop Underwriter and FHLMC Loan Prospector automated underwriting systems.
  • Analyzed credit, income and appraisal documentation while adhering to FNMA/FHLMC guidelines for conforming residential mortgages.
  • Underwrite Conforming FNMA, and FHLMC loans: Review all personal taxes, W-2, and 1040 returns including all schedules.
  • Facilitated implementation and training of Loan Prospector Tracked FHLMC pricing and rates to obtain maximum gain on sale of mortgage notes.
  • Underwrite FHA and Conventional loans submitted by Brokers, Banks and Correspondent Lenders to ensure loans meet FHA FNMA/FHLMC guidelines.
  • Stayed abreast of any FNMA/FHLMC & DU/LP regulation changes and underwriting provisions, as well as Company policies and procedures.
  • Gained familiarity with FNMA, FHLMC, investor and corporate guidelines, along with risk assessment and fraud detection tools.
  • Experience with and knowledge of property and credit underwriting requirements of FNMA, FHLMC, and private mortgage insurance companies.
  • Maintained knowledge of property and credit requirements for purchases and refinances for FNMA, FHLMC and private mortgage insurance companies.
  • Conduct creditor financial analysis and audits in order to satisfy investor and state specific loan requirements: FNMA and FHLMC.
  • Analyzed all credit, income, asset, appraisal & other loan documentation according to FHLMC/FNMA/FHA guidelines and company overlays.
  • Mortgage underwriter of both Conforming (FNMA/DU and FHLMC/LP) and FHA loans to insure adherence to investor guidelines.
  • Reviewed loans for the Federal Home Loan Bank, FNMA, FHLMC audits and other wholesale entity audits i.e.
  • Review & underwrite residential mortgage load according to FHA, FNMA, FHLMC, VA guidelines for New Jersey.
  • Underwrite 1st and 2nd Mortgages to state and FNMA/FHLMC guidelines utilizing underwriting engines as well as some manual underwriting.
  • Underwrite FNMA and FHLMC making home affordable loans, along with Desktop Underwriter and Standard Conventional loans for CitiMortgage.
  • Reviewed Retail Mortgage loans in accordance w/ FHA & FNMA/FHLMC guidelines, analyze appraisals & condition loans accordingly.
  • Maintain a sound knowledge of FNMA and FHLMC guidelines and risk assessment tools used to decision mortgage loans.
  • Audit current loans to ensure all conditions were met based on Chase and/or FNMA/FHLMC/VA/FHA guidelines or AUS approval.

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21. AUS

average Demand
Here's how AUS is used in Mortgage Underwriter jobs:
  • Review AUS findings to verify supporting documents support findings according to specific investor guidelines and issue credit decision.
  • Analyzed root cause of operational exceptions and supported the development/completion of risk mitigation strategies.
  • Interacted with senior management and legal teams to efficiently evaluate complex contractual clauses.
  • Perform underwriting on all conforming loan products including non-AUS within delegated authority.
  • Conducted manual and AUS underwriting; Analyzed mortgage credit applications submitted by U.S. homeowners seeking to purchase or refinance residential properties.
  • Bring loans to Loan Review Committee because they are outside of authority or require a Second Review on potential denials.
  • Run Desktop(DU) with updated calculations, appraisal value prior to final approval ensuring both DU and AUS.
  • Initial file reviews, Underwriting both Manual and AUS, pipeline management, collateral review, and resolving investor suspensions.
  • Validated the data integrity of the information submitted to the Automated Underwriting System (AUS) utilizing CQM testing procedures.
  • Reviewed credit report and/or contacts member, as needed, to address any inconsistencies identified by the AUS findings.
  • Clear all AUS findings according to the guideline requirements, and provide complete loan packages to closing for funding.
  • Verify that he AUS's being used is appropriate for the loan program/product requested and document applicable findings.
  • Review, analyze and decision mortgage loan files following AUS findings (Desktop Underwriter and Loan Prospector).
  • Analyze and reviewed data gathered to assess any reasonable cause to alert, investigate or clear any findings.
  • Served as liaison between the bank and credit bureaus, appraisers, and private mortgage insurance companies.
  • Assist the underwriter with calculating income and assets and review credit report from all three credit bureaus.
  • Utilized knowledge of FNMA and FMAC as well as AUS, DU, and LP underwriting applications.
  • Evaluated and review AUS systems decision findings and correct the loans for accuracy on Agency systems.
  • Evaluated AUS systems data and created updates to deliver final income, assets and debt calculations.
  • Underwrite conforming mortgage applications for approval involving DU and LP Automated Underwriting Systems (AUS).

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22. Usda

average Demand
Here's how Usda is used in Mortgage Underwriter jobs:
  • Delegated MI underwriter and main point of contact for Loan Officers for underwriting scenario questions and designated USDA loan underwriter.
  • Job duties include FHA and USDA underwriting as well as delegated Jumbo loan underwriting and all conforming loan products.
  • Performed all Underwriting responsibilities and conducted credit and property analysis on Conventional, USDA, FHA and Jumbo Loans.
  • Underwrite all eligible levels of conventional loans for Investors, USDA/Rural Housing/FHA guidelines and In House portfolio loans.
  • Underwrite full credit files and appraisals for conventional loans, FHA, USDA, Bond loans, Jumbo.
  • Underwrite conforming loans, USDA loans, construction loans, and jumbo loans under various Investor current guidelines.
  • Underwrite VA, FHA, USDA, Conventional, and bond loans in a retail correspondent lending environment.
  • Reviewed USDA and VA loans, and ensured compliance, accuracy and completeness with loan per guidelines.
  • Complete and analyze Fraud Tool reviews, input information in the GUS automated system used by USDA.
  • Followed Government (FHA, VA and USDA) guidelines to determine eligibility for loss mitigation options.
  • Maintained a working knowledge of all Conventional, USDA, PHFA and FHA loan products.
  • Reviewed, analyzed and underwrote Conventional, USDA, PHFA and FHA loan transactions.
  • Experienced with Conventional, FHA, USDA, Mass Housing and RI Housing loans.
  • Underwrite USDA, FHA, VA and Maine State Housing residential mortgage loans.
  • Full manual underwriting of files submitted under the USDA Guaranteed Rural Program.
  • Underwrite Asset, FHA, Private-Securitized, VA, and USDA products.
  • Mortgage Underwriter for Conventional, FHA, VA and USDA financing.
  • Full underwrite of residential Government, Conventional and USDA loans.
  • Specialized in underwriting FHA/VA/USDA loans.
  • Manage all loans with escrow: Pay taxes, HOA dues, insurance, USDA annual fees, and PMI.

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23. Due Diligence

average Demand
Here's how Due Diligence is used in Mortgage Underwriter jobs:
  • Directed and steered underwriting operations with due diligence, while ensuring optimum underwriting quality, maximizing profitability, and minimizing risk.
  • Detailed knowledge and application of investor overlay guidelines, industry due diligence requirements and mortgage fraud detection.
  • Performed Credit Analysis for product eligibility and property collateral, due diligence underwrote for risk.
  • Reviewed and performed due diligence on liquid and non-liquid asset statements for financial stability.
  • Performed due diligence on each loan to verify accuracy and authenticity of documentation received.
  • Provided QC oversight and production goals for two due diligence/resolution analysts.
  • Exercised due diligence to ensure accuracy and completeness of documentation.
  • Reviewed Customer Due Diligence information for accuracy and investigated discrepancies.
  • Completed due diligence underwriting review of files from national operations.
  • Position for contract underwriting for due diligence overflow production.
  • Performed due diligence and quality assurance underwriting.
  • Performed due diligence residential mortgage underwriting nationwide.
  • Identified and analyzed due diligence issues and mortgage portfolio risks and perform collateral reviews of loans prior to closing of transaction.
  • Synthesized data and performed complete due diligence to ascertain loan viability, mitigating fraud and / or potential for high-dollar losses.
  • Provided strong QC, Due Diligence, Compliance and Credit knowledge on underwriting open and closed loans for all major investors.
  • Supported and reviewed closed loan files prior to starting the due diligence process to ensure quality control and data integrity.
  • Performed due diligence in compliance with all state and federal laws and regulations as they relate to residential lending underwriting.
  • Provided required documentation needed for court hearings and procedures; performed due diligence and reviewed and ordered appraisals as needed.
  • Contract conventional underwriter and Due Diligence analyst for several mortgage insurance companies such as MGIC, RMIC and G.E.
  • Used Clayton Group's proprietary Due Diligence software with actual files and remote dual screen files as well.

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24. Loan Origination

average Demand
Here's how Loan Origination is used in Mortgage Underwriter jobs:
  • Analyze and decision loan origination packages from internal partners while ensuring compliance with WAMU guidelines and secondary marketing investor standards.
  • Maintained and updates loan application information within loan origination software and other applications.
  • Audit case files in internal Loan Origination Systems and Automated Underwriting Applications.
  • Experience includes Loan Origination and Loan Processing - virtually all finance-types including FHA, VA, RHS, Bond and HARP.
  • Organized the workday to accommodate loan follow-up, new loan origination, establishing new referral sources, and maintaining existing relationships.
  • Document credit stipulations aligned with the credit decision for the Mortgage Counselor to obtain and clear in the loan origination system.
  • Worked with Mortgage Loan Origination staff and co-workers as a team member in analyzing and solving situations that may arise.
  • Executed the loan origination process, including ordering credit reports, appraisals, preliminary title, and flood certificates.
  • Update loan origination systems to ensure that pipeline report reflects the most current status for active loan in process.
  • Reviewed loan origination documents; appraisals, titles, sales contracts, deeds, bankruptcies.
  • Worked on a Pilot program to decrease the turn times on loan origination to close.
  • Verify and update data in Loan Origination Software system to ensure data integrity.
  • Guided the borrower through the entire loan process from loan origination to closing.
  • Input missing or modified information into the company's loan origination system.
  • Trained and supervised new loan officers and processors in loan origination.
  • Assist personnel with loan origination and structuring of loans.
  • Review data integrity and accuracy in Client's Loan Originations System of credit, income, assets and property information.

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25. Ensure Accuracy

average Demand
Here's how Ensure Accuracy is used in Mortgage Underwriter jobs:
  • Examined transactions to ensure accuracy and completeness, and ensuring that documents are consistent and uphold to company and industry guidelines.
  • Review and analyze residential loan submissions to ensure accuracy, completeness and compliance with company, state and federal regulatory guidelines.
  • Examine residential loan documentation to ensure accuracy, completeness and compliance with appropriate company, state and regulatory guideline standards.
  • Performed quality assurance on manually underwritten files to ensure accuracy while identifying any fraudulent activity.
  • Examined overall documentation to ensure accuracy and compliance with existing underwriting and governmental guidelines.
  • Examined overall documentation to ensure accuracy and completeness with a focus on Fraud prevention.
  • Follow and implements detailed procedures and ensure accuracy through documentation and data.
  • Determined overall loan documentation to ensure accuracy, completeness and fraud prevention.
  • Examine transactions to ensure accuracy and completeness within agency guidelines.
  • Examined transactions to ensure accuracy and completeness of statement.
  • Analyze and review documentation to ensure accuracy and completeness.
  • Performed extensive reviews of financial data to ensure accuracy.
  • Examine overall loan documentation to ensure accuracy and completeness.
  • Review Underwriting Analysis Report to ensure accuracy.
  • Evaluate transactions to ensure accuracy and completeness.
  • Worked closely with the clients to ensure accuracy of information obtained, and determine eligibility into a loan program.
  • Created procedural practices to ensure accuracy, resulting in 50% reduction to department s quality assurance error rate.
  • Examined all loan documentation to ensure accuracy and, completeness in line with set PHH and investor requirements.
  • Reviewed and analyzed the mortgage loan application to ensure accuracy and compliance with Investor guidelines and lender policy.
  • Perform Quality Control Assurance reviews regarding team underwriters to ensure accuracy and quality of products to clients.

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26. Credit Risk

average Demand
Here's how Credit Risk is used in Mortgage Underwriter jobs:
  • Tasked daily with performing detailed conforming and nonconforming underwriting analysis on complex self-employed borrowers which pose higher credit risk.
  • Communicate decisions that most effectively mitigate credit risks, including data integrity and validity of information submitted.
  • Examine loan documentation for accuracy, completeness and overall credit risk.
  • Communicated credit risk decisions to our partnering individuals.
  • Reduced high risk loans through extensive research applications to verify property ownership and any undisclosed properties that would increase credit risk.
  • Analyze borrower credit risk, as well as company risk in high value mortgage transactions up to $2 Million.
  • Issued sound, well documented decisions, supported by a thorough understanding of credit risk principles and investor guidelines.
  • Reviewed loans to lender guidelines to determine overall credit risk, compliance, & authenticity of loan documents.
  • Submit results to lending management for use in performance measurement and overall credit risk assessment to the bank.
  • Analyze credit risk on by reviewing members' application, credit, income and complete credit profile.
  • Communicated credit risk decisions to the partnering individuals within the company, correspondents, and borrowers.
  • Analyze credit risks, assessing credit history and approving or denying consumer request for mortgage products.
  • Identified all credit risks by using MERS, Lexus Nexus and other QC for Fraud Exposure.
  • Escalated files to Credit Risk or management as needed such as for 2nd signature decline reviews.
  • Review and approve loans based on credit risk, employment, income and assets.
  • Determine credit risk and borrower's ability to repay from review of financial documentation.
  • Recommended loans for final approval while minimizing the overall credit risk to the Bank.
  • Mitigate credit risks for USAA, including data integrity and validity of information.
  • Verified all credit risks, liquid assets and reserve requirements were met.
  • Assess credit risk, financial stability and repayment ability of potential buyers.

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27. Title Companies

average Demand
Here's how Title Companies is used in Mortgage Underwriter jobs:
  • Corresponded with borrowers, brokers, title companies and attorneys in order to facilitate delinquency and problem resolution through contact attempt.
  • Worked closely with title companies and attorneys prior to and during each closing, to facilitate successful, on-time closings.
  • Provided excellent customer's services for brokers, loan officers, title companies, review appraisers, escrows and attorneys.
  • Worked with title companies and other mortgage lenders to get a clear title before sending closings documents to closing agencies.
  • Maintain professional and consistent relationships with mortgage brokers, loan specialist and title companies while meeting deadlines and daily goals.
  • Communicate with customers, internal staff, title companies and the like to respond to inquiries and resolve problems.
  • Coordinate with loan officers, attorneys, title companies, appraisers to develop loan documentation packages.
  • Coordinate closings between title companies, loan officers, real estate agents and the borrowers.
  • Set up closing and communicate with title companies, lawyers and calculate final closing cost.
  • Attempted to correct any errors or contacted loan officers and title companies for additional information.
  • Coordinate and schedule closing with loan processor, attorneys, title companies and mortgage brokers.
  • Established procedures with Title Companies, Appraisers and Credit Bureaus to obtain faster service.
  • Maintained professional communication with clients, escrow and title companies.
  • Worked closely with title companies, escrow companies and appraisers.
  • Coordinated closings with brokers, title companies and closing department.
  • Corresponded with Attorney's and Title companies to resolve discrepancies
  • Notified attorneys and title companies of any corrections needed.
  • Communicated with Title Companies and Real Estate Attorneys.
  • Interacted with real estate agents and Title companies.
  • Worked with the title companies and Insurance Companies.

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28. Du/LP

average Demand
Here's how Du/LP is used in Mortgage Underwriter jobs:
  • Perform exception underwriting credit analysis for newly originated 1-4 family residential loans using DU/LP automated underwriting system.
  • Used an automated scoring system and investor guidelines to determine acceptability of moderate requests including DU/LP.
  • Assisted Loan Processors in interpreting DU/LP feedback requirements and multiple investor guidelines.
  • Performed loan underwriting utilizing research tools and Automated Underwriting Systems DU/LP.
  • Reconciled loans for the accuracy of the loan file by reviewing DU/LP and manually underwriting, with exception authority.
  • Experience with DU/LP, zippy, PACS, Microsoft, data entry, worked with HIGHLY CONFIDENTIAL information.
  • Ensured that all investors and federal guidelines were met; underwrote loan files that fell out of DU/LP.
  • Review, calculate income and determine approval through DU/LP underwriting process following compliance through FHA/FNMA/FHMLC guidelines.
  • Demonstrate expertise in Government, Agency, HARP and Jumbo guidelines; experience with DU/LP
  • Approved, Reject or Counter offer loans based Fannie/Freddie (DU/LP) automated approvals.
  • Endorsed loan approved by Automated Underwriting Systems (DU/LP).
  • Recorded data and updated DU/LP systems for loan accountability.
  • Submit and update loans on DU/LP as required.
  • Run DU/LP to obtain loan approval.
  • Underwrite Conventional Conforming mortgage loans utilizing DU/LP and Manual guideline review - Provide mortgage insurance evaluations and certificates
  • Utilized DU/LP extensively as decisioning tool.
  • Underwrite Conforming & Non-Conforming mortgage loans using DU/LP systems and Manual review - Prepare production reports and statistical data for dept managers
  • Run file as needed thru DU/LP/USDA/FHA/VA as needed in order to determine if file was approved eligible for said program.
  • Utilized sound criterion and methods that comply with, DU/LP, VA, MHA and Conventionalguidelines.
  • Utilized both DU/LP as well as manual underwriting including self-employed borrowers.

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29. Risk Analysis

low Demand
Here's how Risk Analysis is used in Mortgage Underwriter jobs:
  • Performed risk analysis, including appraisal review, income calculations, credit report analysis, debt-to-income ratios and asset verification.
  • Performed an origination risk analysis and made decisions regarding deficiencies present that initially should have been identified.
  • Credit decisions were based on advanced risk analysis and manual underwriting including advanced income analysis.
  • Performed mortgage risk analysis and made decisions regarding deficiencies identified during the review process.
  • Performed risk analysis regarding underwriting deficiencies identified during the review process.
  • Performed risk analysis/credit analysis specific to investor guidelines.
  • Make sound decisions based upon a detailed risk analysis of the applicant's ability to meet program/product guidelines and HUD requirements.
  • Job responsibilities include analyzing mortgage applications, risk analysis & credit review for Conventional refinances, primarily through the HARP program.
  • Calculate debts ratios, payment to income ratios, and other risk ratios to assess risk analysis on loans.
  • Underwrite FHLMC & FNMA loans using DU/LP Agent Desktop system to facilitate the risk analysis evaluation process.
  • Conducted careful risk analysis and exercise judgment based on experience to approve or deny loan files.
  • Perform in depth forensic loan reviews and risk analysis regarding deficiencies identified in the review process.
  • Performed credit risk analysis of compliance to FNMA, FHLMC, FHA and VA guidelines.
  • Utilize risk analysis skills to manually underwrite loans when automated approval cannot be achieved.
  • Qualified borrowers based on total risk analysis and credit capability to repay the debt.
  • Performed risk analysis and forensic review on client's mortgage loan files.
  • Train and educate Loan Officers and Processors in credit risk analysis.
  • Reviewed both mortgage insurance and lenders guidelines for sound risk analysis.
  • Work closely with the bank legal department regarding risk analysis.
  • Determine the risk analysis on each loan.

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30. Company Standards

low Demand
Here's how Company Standards is used in Mortgage Underwriter jobs:
  • Provide customer service to internal and external customers in accordance with levels and expectations consistent with Company standards.
  • Exhibited exemplary follow through in having achieved completion with in company standards.
  • Maintain company standards while maintaining production standards by company's definition.
  • Reviewed loan conditions to ensure accuracy, completeness and compliance with loan program/product requirements, investor guidelines, and company standards.
  • Hired and provided in depth training to all employees according to company standards and best processes/practices.
  • Ensured compliance with state and federal regulation in addition to company standards and policies.
  • Ensured credit files were current, complete and compliant with company standards.

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31. Final Approval

low Demand
Here's how Final Approval is used in Mortgage Underwriter jobs:
  • Preformed initial underwrite and issued initial approval letters to loan officers and customers indicating documentation needed for final approval.
  • Communicated required conditions/stipulations and assists where possible to expedite final approval of a file.
  • Preformed investigations for final approvals and reviewing entire loan files through verification processes.
  • Performed paperless underwriting of loans for final approval.
  • Issued Conditional and Final approval on Conventional loan products
  • Averaged 7 new loans per day including maintaining SLA on new loans and clearing conditions for final approval within 24-48 hours.
  • Perform QM Reviews, FHA Appraisal Logging, Fraud Guard reviews, and File Audits prior to Final Approval and Closing
  • Managed a pipeline of over 100 files and issued final approval or denial with signing authority of 1 million dollars.
  • Placed loan packages to prospective lender and follow up and fulfill all stipulation requests for final approval.
  • Cleared required underwriting conditions based credit and employment history prior to final approval for clearance to close.
  • Follow FHA & VA guidelines by working files up to final approval by DE underwriter.
  • Determine have all conditions been met to issue final approval, clearing file for closing.
  • Reviewed and cleared loan stipulations including title and appraisals, and authorize final approval.
  • Assess initial loan package, issue credit approvals and condition loan for final approval.
  • Issue initial credit decision, adding and clearing conditions to issue final approval.
  • Audit loan application after final approval is issue to ensure loans meet guidelines.
  • Review files for final approval once all items are gathered by the processor.
  • Rework files as needed for conditions received and review for final approval.
  • Served as final approval or denial of purchase and refinance mortgage loans
  • Completed the 1008 forms for every final approval of loan files.

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32. Financial Strength

low Demand
Here's how Financial Strength is used in Mortgage Underwriter jobs:
  • Evaluate loan risk by verifying loan application information; assess financial strength of borrowers to determine risk and repayment capacity.
  • Perform risk assessment, income analysis, and credit evaluation to determine borrower s financial strength and repayment capacity.
  • Evaluated the financial strength of the borrower and assesses financial risk involved in the deal.
  • Ensured loan submittals met eligibility, and evaluated financial strength of borrowers to determine risk.
  • Provided meticulous attention to detail in underwriting Mortgages, Evaluated the financial strength of borrowers to determine risk and repayment capacity.
  • Analyzed the business's financial strength by examining annual earnings to determine stability and validity.

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33. HUD

low Demand
Here's how HUD is used in Mortgage Underwriter jobs:
  • Directed comprehensive analysis of information on initial loan documentation, underwriting procedures, disclosures, HUD and closing package for accuracy.
  • Performed fee mortgage credit examinations for the San Antonio HUD office making final loan determinations based on borrower eligibility.
  • Reviewed and approved the HUD-1 and other documentation necessary to insured funding authorization.
  • Reviewed and approved final HUD documentation for mortgage settlements.
  • Analyzed all compliance documents (i.e., HUD-1's, Final TIL, 3-day Right of Rescission and HOEPA/Section 32).
  • Analyze HUD 1's and all other closing documents to ensure no straw buyers, bailouts, or other fraudulent activities.
  • Review all prior collateral documents including the Deed, Note, Riders and Flood certification and HUD-1.
  • Full in-depth Compliance review, HUD, TIL and all closure documents validation they meet Federal Regulations.
  • Ordered PMI Certs, sign-off on Final HUD conditions and cash to close figures & closing conditions.
  • Reviewed Underwrote FHA and HUD loans to ensure compliance with Fannie Mae & Freddie Mac guidelines.
  • Reviewed HUD-1 and maintained accuracy of all closing screens in computer before funding the loan.
  • Review the appraisal, mortgage, note, HUD and other closing documents for accuracy.
  • Review of final HUD1s to ensure proper costs and down payment requirements are met.
  • Provided support to closer with drawing closing documentation, review hud-1, and funding.
  • Examined titles, Hud-1 satisfactions, divorce decrees, flood certifications for accuracy.
  • Requested and reviewed the HUD 1 Statement with borrowers and Home Loan Consultants.
  • Prepare and review closing documents, appraisals, and HUD-1 Settlement Statements.
  • Reviewed and approved title documents, HUD I settlement statements for closing.
  • Proof read documents, contracts and HUD closing statements for accuracy.
  • Reviewed, approved and balanced the HUD-1A Settlement Statement.

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34. Appropriate Company

low Demand
Here's how Appropriate Company is used in Mortgage Underwriter jobs:
  • Examine residential loan documentation for accuracy, completeness, and compliance with appropriate company and investor guidelines.
  • Underwrite conforming and non-conforming residential loans ensuring compliance with appropriate company and FNMA investor standards.
  • Ensured compliance with appropriate company and government agency guidelines.

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35. Program Guidelines

low Demand
Here's how Program Guidelines is used in Mortgage Underwriter jobs:
  • Prepare written rationalization for underwriting decision of Credit and Income Approval/Approve/Decline based loan documents received and product/program guidelines.
  • Perform modification procedures for accounts as assigned to determine customer's eligibility under the Foreclosure Avoidance Program guidelines.
  • Advised management and account executives on loan alternatives, scenario questions and program guidelines.
  • Possessed sound knowledge of automated underwriting and Lender/ Investor specific loan program guidelines.
  • Utilized excellent communication skills both internally and externally explaining program guidelines and requirements.
  • Analyzed and formulated resolutions to program guidelines and documentation requirements.
  • Determined borrower's qualifications in relation to program guidelines.
  • Reviewed credit, title, application and conditions along with previous mortgage history, to ensure compliance for all program guidelines.
  • Provide an overview of the original loan file to determine appropriate recommendation in compliance with investor and program guidelines.
  • Compare file submitted to program guidelines thus making sure Loan-to-value, FICO, Debt-to-income, etc complies with guidelines.
  • Job description: Underwrite Harp and conventional loans ensuring requirements of Freddie Mac and Fannie Mae program guidelines.
  • Reviewed conventional loans files to program guidelines, calculated debt to income ratio and loan to value ratios.
  • Review mortgage file to evaluate information to determine if the applicant or property meet program guidelines.
  • Evaluated strength of file met lender and program guidelines in tandem with new first mortgage.
  • Assisted Processors and Mortgage Loan Officers in advanced loan program guidelines and compliance issues.
  • Matched client's applications with company's program guidelines for integrity of loan.
  • Satisfied loan conditions, assisted brokers with scenarios and general program guidelines.
  • Interpret and apply regulatory, policy and procedure, program guidelines.
  • Processed and cleared all loan conditions while adhering to program guidelines.
  • Underwrite refinance request under the Home Affordable Refinance Program guidelines.

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36. DTI

low Demand
Here's how DTI is used in Mortgage Underwriter jobs:
  • Compare files submitted to program guidelines to make sure LTV, FICO, DTI, and ECT complies with investor guidelines.
  • Examined loan documentation for accuracy including DTI, income, assets, Tax Returns, red flags as well as completeness.
  • Preserved the firms risk exposure by analyzing decisions to approve utilizing leverage, liquidity, DTI, LTV and overall exposure.
  • Reviewed all qualifying income, Loan to value information and DTI to ensure proper documentation was provided to justify credit approval.
  • Reviewed financial statements, credit reports, applicable ratios (DTI/LTV), property evaluation and various other factors.
  • Utilized investor guidelines and delegated authority to decision file by reviewing DTI, LTV/CLTV for non-conforming & conventional loans.
  • Recalculated income for W2 and self-employed borrowers to determine the DTI and LTV ratios for the loan file.
  • Determine decisions/exceptions; reviewing financial statements, credit report, and applicable DTI/LTV ratios.
  • Perform credit and income analysis, risk assessment, and calculate LTV/DTI ratios.
  • Reviewed Underwrote loans based on LTV, DTI, and other loan documentation.
  • Reviewed Tax returns and pay-stub to calculate the correct income for DTI.
  • Perform income calculation to verify DTI ratio.
  • Calculate DTI and LTV ratios.
  • Review and calculate income, DTI, RI, assets, LTV/ CLTV/HCLTV.
  • Review and calculate income, DTI, RI, assets, LTV/CLTV/HCLTV.
  • Calculated DTI, income, assets, and LTV/CLTV.
  • Interact with account executives to help satisfy any conditions and also work with settlement to resolve any investor condtions.
  • re-calculated Income, DTI, LTV, months reserves and sellers contributions (when applicable) to ensure eligibility.
  • Calculated the borrower's financials and logged all submissions through Calyx Point Systems Database when figuring borrowers DTI.
  • Review of the loan application, income, assets for DTI calculation.

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37. Respa

low Demand
Here's how Respa is used in Mortgage Underwriter jobs:
  • Validate changed circumstances made by internal staff and re-disclose GFE within 72 hours if needed, as required per RESPA compliance.
  • Created lending policies and procedures and updating staff with new regulatory guidelines, including new RESPA guidelines.
  • Cleared conditions, abiding by Real Estate Settlement and Procedures Act (RESPA) Home.
  • Remain current and proficient with requirements of FDCPA, Reg Z/ RESPA, SCRA
  • Performed compliance review of all disclosures required to comply with RESPA.
  • Research and review file to verify RESPA compliance/regulations have been satisfied.
  • Review 100M8/1003, RESPA Disclosures, Credit Report & product guidelines.
  • Locked loans and adhered to any RESPA guidelines that accrued.
  • Experience in both underwriting and compliance for TILA-RESPA Integrated Disclosures.
  • Reviewed closed FNMA loans for any RESPA violations.
  • Prepared HMDA and RESPA annual government reports.
  • Verified guidelines for compliance and RESPA requirements.
  • Confirm loans RESPA Compliant and Audits.
  • Examined files for RESPA, Fair Lending, HMDA, FIRREA, Reg B and Truth in Lending compliance.
  • Maintained regulatory compliance through BSA, RESPA, MDIA, Reg Z, Reg B, and NMLS.
  • Trained and Certified on HMDA, RESPA, BSA, AML, REG Z, & KYC policies.
  • Reviewed GFE, TIL and others for RESPA compliance.
  • Run Compliance Testing (CE & RESPA).

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38. Asset Documentation

low Demand
Here's how Asset Documentation is used in Mortgage Underwriter jobs:
  • Analyze income, credit, title reports, appraisals, asset documentation, identification and other documents presented to determine eligibility.
  • Reviewed and evaluated credit, income and asset documentation for accuracy and completeness.
  • Verified conditions of approval, which included customer income and asset documentation.
  • Analyzed income and asset documentation sent in by prospective borrowers.
  • Analyzed various asset documentation used for closing and reserves.
  • Review and recalculate asset documentation per guideline requirements.
  • Evaluate complex tax returns, complex asset documentation, self-employed borrowers and Real Estate Title Reports & Appraisals.
  • Review of income and asset documentation to properly calculate and document income and asset ratios in the file.
  • Conduct timely and accurate reviews of credit, income and asset documentation on conventional loan files.
  • Reviewed and decision credit, income and asset documentation for redraw requests from the closing department.
  • Reviewed appraisals, title work, income taxes, income stubs, and asset documentation.
  • Reviewed and decision credit, income, collateral and asset documentation to issue a decision.
  • Review credit, pay stub/tax returns along with asset documentation for approval.
  • Analyzed income, tax returns and asset documentation to calculate financial ratios.
  • Analyzed appraisals, credit, income, collateral and asset documentation.
  • Reviewed 1003s, and 1008s, MERS, LDP, CAIVRS, credit, title and appraisal reports, asset documentation.
  • Evaluated the loan application including credit, income, asset documentation, appraisal report and supporting documentation.
  • Review and analyze borrowers income and asset documentation with an emphasis on self-employed borrowers.
  • Reviewed asset documentation to ensure required asset down payment and reserves requirement met guidelines.
  • Perform recalculation of income and asset documentation, review title commitments and policies, Review and analyze purchase contracts.

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39. LTV

low Demand
Here's how LTV is used in Mortgage Underwriter jobs:
  • Maintained full responsibility for auditing wholesale purchased mortgage loans including first lien conventional and second mortgage high LTV products.
  • Regulated customers' loan amounts based on appraised value, qualifying LTV, income and other government based underwriting guidelines.
  • Evaluate credit applicants to determine qualifying LTV, rate and program.
  • Calculated debt to income ratios and LTV.
  • Review and calculate income, DYI, LTV, and CLTV
  • Mortgage Terminology LTV s, CLTV s , HCLTV s, PMI s PITIA s, Ratio calculations.
  • Calculated LTV/CLTV and debt-to-income ratios Heavy forensic research Review of credit report to determine credit worthiness.

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40. External Customers

low Demand
Here's how External Customers is used in Mortgage Underwriter jobs:
  • Communicated with processors, originators and other internal and external customers in understanding of underwriting decisions and required conditions.
  • Directed the activities of six mortgage underwriters, provided funding program qualification requirements to internal and external customers.
  • Communicate with both internal and external customers for purposes of both data gathering and explaining decision rationale.
  • Communicated results of file reviews to external customers via issuance of repurchase or reimbursement demand letters.
  • Communicated policies and procedures to internal and external customers, correspondents and brokers.
  • Provided excellent service and communications across internal and external customers.
  • Ensured excellent service to internal and external customers.
  • Paralleled file reviews with internal and external customers.
  • Provided underwriting guidance to external customers, loan processors and sales associates and helped clear FHA/VA, corporate and investor requirements.
  • Maintained consistent written & verbal contact & consistent working relationship with loan officers, borrowers, internal & external customers.
  • Communicate with Processors, Originators, and other internal and external customers to ensure proper turnaround times.
  • Communicated results of loan file reviews both verbally and written to internal and external customers.
  • Served as the main contact for each loan file for internal and external customers.
  • Communicated with internal and external customers regarding the status of their loan.
  • Communicate with Processors, Originators, and other internal and external customers.
  • Promote and maintain relationships with sales, internal and external customers.
  • Provide a first point of contact for internal and external customers.
  • Work under consistent pressure from internal and external customers.
  • Communicated with processors, originators, and other internal and external customers Reviewed and evaluated information on mortgage loan documents.
  • Provide internal and external customers with quality service, responding constructively to needs.

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41. Red Flags

low Demand
Here's how Red Flags is used in Mortgage Underwriter jobs:
  • Identified red flags that should have alerted the origination Underwriter to possible misrepresentation.
  • Mentored underwriters on identifying Red Flags during underwriting process.
  • Assessed and determined credit risk and red flags when making decisions for workout options to prevent fraud and lawsuits against company.
  • Review files for any red flags, fraud, or suspicious documentation and escalate the issues to the proper departments.
  • Insure accurate and timely underwriting, loan evaluations while reviewing for possible misrepresentation, omissions, inaccuracies and red flags.
  • Reviewed credit report and addressed any red flags issues or any other issues that may hinder an approval decision.
  • Communicated credit issues with upper management; identified red flags and discrepancies during review and conducted fraud reviews.
  • Completed extensive OCC prescribed checklists and referenced guideline matrices in order to locate red flags and guideline violations.
  • Reviewed documents for red flags regarding fraud prior to moving forward with the processing and closing of the transaction
  • Identify Red Flags, Credit Exceptions, and compensating factors that mitigate risk present in loan transactions.
  • Identify red flags on all areas of the loan review and determine proper course of action.
  • Identify potential red flags and risk factors with loan files and proactively address these issues immediately.
  • Use detection techniques and industry red flags to identify loan irregularities and fraudulent activities.
  • Handled escalations from the processors on documents needed or to verify any red flags.
  • Review file for red flags to protect the investor from fraud and borrower misrepresentation.
  • Prepare significant finding letters and address all red flags found in the review.
  • Review these documents to identify any red flags/discrepancies and document all findings.
  • Reviewed for possible misrepresentation, omissions, inaccuracies, and red flags.
  • Calculated income; verify all income documents for accuracy and red flags.
  • Review and identify red flags for potential fraud and misrepresentation.

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42. Hamp

low Demand
Here's how Hamp is used in Mortgage Underwriter jobs:
  • Experienced in underwriting HAMP for government/investor specific and other specialty modification programs.
  • Determined eligibility for HAMP or regular modification options.
  • Obtained documents and performed calculations to determine the eligibility of borrowers for modification under HAMP Tier 1 or Tier 2.
  • Apply payment waterfall to determine HAMP-Non-HAMP eligibility (rate reduction, term extension, deferred principal).
  • Refinance and loan modifications were also used as alternatives to foreclosure, including using the HAMP.
  • Reviewed files that were previously denied for a Non-HAMP modification to confirm denial was accurate.
  • Follow underwriting procedures and practices on conventional, HARP, HAMP, DU, LP.
  • Reviewed files for adherence and qualification for HAMP as well as proprietary modification programs.
  • Completed the Non-HAMP modification process from inception to receipt of the executed documents.
  • Obtained Site Quality Champion (SQC) certification on first attempt.
  • Learned mortgage modification underwriting for the GSE/Non-GSE, HAMP/Non-HAMP programs.
  • Verified HOA and monthly PITI amounts for HAMP documents.
  • Complete 2nd review on Conventional HAMP and CHAMP Mortgage Loans
  • Work with FHA/VA Underwriting and considered HAMP Modifications.
  • Specialized in FHA HAMP modifications.
  • Mortgage loan Modifications MHA Default HAMP VOI THE AWARE team Auditing MHA/FHA Special projects
  • underwrite for modifications, RPP, HAMP, Unemployment plans.
  • Underwrite HARP FNMA, FMAC, DU Re-fi plus, and HAMP as needed.
  • Reviewed and approved loan submittals according to subprime guidelines as stated by Champion Mortgage.
  • Fort Worth Area Assess borrower eligibility for HAMP home loan modification.

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43. Financial Documents

low Demand
Here's how Financial Documents is used in Mortgage Underwriter jobs:
  • Reviewed financial documents including employment, income and appraisal documents to ensure completeness and accuracy.
  • Fax any information that is necessary which includes any legal financial documents.
  • Analyze personal financial documents to ensure quality and accuracy meets vendor guidelines.
  • Demonstrated knowledge of complex personal and business financial documents and tax return.
  • Review financial documents for qualifying mortgage products, submit stipulations for proper approval
  • Review required financial documents and request missing documentation from SPOC agent.
  • Reviewed customer credit and financial documents for loan approval.
  • Review and decision financial documents for final approval.
  • Review and analyze financial documents.
  • Perform full credit package review of Conventional and FHA loans that involves analyzing financial documents of borrowers for qualification of loan.
  • Review, compile, organize, and manage a large volume of financial documents and sensitive materials to underwrite conventional loans.
  • Analyzed customer's income (tax returns), employment and financial documents in order to underwrite MHA Refinance Loans.
  • Reviewed supporting income, employment and financial documents based on requirements per LP Findings; re-conditioned loan file if necessary.
  • Execute, prepare, review and analyze financial documents, management reports, presentations and loan liquidation workouts.
  • Assessed income, bank statements, and other financial documents to qualify borrowers for a loan.
  • Analyzed customer's income, employment and financial documents in order to underwrite Home Modification Loans.
  • Verify the accuracy of supporting employment, down payment, appraisal, and financial documents.
  • Analyze income, appraisal, credit, assets and various financial documents for qualification.
  • Analyzed credit, financial documents, title and appraisal for overall credit risk/worthiness.
  • Reviewed 1003, purchase contracts, financial documents including asset/bank statements per guidelines.

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44. Meticulous Attention

low Demand
Here's how Meticulous Attention is used in Mortgage Underwriter jobs:
  • Provide meticulous attention to detail in underwriting mortgages daily to ensure loan submissions meet internal and external eligibility requirements.
  • Review appraisals with meticulous attention to detail when determining collateral value.
  • Provided meticulous attention to detail in underwriting home equity applications.
  • Provided meticulous attention to detail in underwriting mortgages.
  • Provide meticulous attention to all the aspects and details while underwriting mortgages, and evaluate the financial strength of the borrowers.
  • Utilized meticulous attention to detail to ensure the complete and accurate underwriting of mortgages.
  • Provide meticulous attention to detail in underwriting mortgages; Evaluatethe financial strength of borrowers to determine risk and repayment capacity.
  • Maintained compliance with lending, underwriting and government requirements Provided meticulous attention to detail in underwriting mortgages.

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45. Compliance Reviews

low Demand
Here's how Compliance Reviews is used in Mortgage Underwriter jobs:
  • Implemented fraud detection techniques, performed compliance reviews; trained new employees/underwriter
  • Performed compliance reviews within underwriting view and escalate as required.
  • Perform Loan Analysis (Quality Control), Post Closing Reviews and Compliance reviews for various clients.
  • Conducted compliance reviews and maintained an expertise in underwriting and processing of loans for all 50 states.
  • Perform Due Diligence, Legal, Underwriting and Compliance reviews on residential mortgage portfolios.
  • Delivered at a 98% error free rate on quarterly quality and compliance reviews.
  • Performed compliance reviews and fraud detection to minimize and eliminate potential losses to bank.
  • Participated in Compliance reviews and Sr. VP Business Control Manager s meeting/senior leadership team.
  • Performed compliance reviews, assisted with re-negotiations of loans based on lending guidelines.
  • Performed compliance reviews, utilizing fraud detection techniques as part of the process.
  • Performed compliance reviews and assisted with renegotiation of loans.
  • Performed compliance reviews on loans prior to close.
  • Performed Credit and Compliance Reviews on closed loans.
  • Applied fraud detection techniques and performed compliance reviews.
  • Maintained 100% accuracy with all compliance reviews.
  • Lead State and Federal Compliance reviews.
  • Implemented fraud detection techniques, performed compliance reviews as well as assisted with renegotiations of loans based on lending guidelines.
  • Conduct compliance reviews on new submissions.Responsible for ensuring loans are closed and documented in accordance with the credit approval.
  • Experienced in fraud & compliance reviews, both frontline & post default.
  • Performed quality control and compliance reviews for retail branch offices.

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46. Credit Documents

low Demand
Here's how Credit Documents is used in Mortgage Underwriter jobs:
  • Evaluated financial strength of individuals by analyzing financial and other credit documents.
  • Analyzed credit documents and all applicable compliance documents.
  • Reviewed and analyzed credit documents, income calculations based from W2, pay stubs, personal and business tax returns.
  • Audited mortgage lenders' closed loan files, reviewing legal and credit documents ensuring state and Federal Fair Lending.
  • Determine credit worthiness and appropriate line of credit for qualified borrowers based on credit documents, and statistical analyses.
  • Analyzed credit documents: application, credit reports, income, assets, title and appraisals and all disclosures.
  • Evaluated documentation including 1008, 1003, findings, income, assets, appraisal, and credit documents.
  • Analyzed credit documents like mortgage applications, credit histories, income documents, title documents and appraisals.
  • Analyze files for completeness and accuracy, analyzing credit documents, credit history and income documents.
  • Review all necessary collateral, income, asset and credit documents to determine credit decisions.
  • Evaluated debt ratio, loan-to-value ratios, credit reports, property valuation and credit documents.
  • Review applications, credit documents, appraisals, title work, income documents and assets.
  • Review of Appraisal, Title, Credit Documents.
  • Review Income, Assets and Credit documents.
  • Review credit documents for completeness and accuracy Leveraged knowledge of loan products to help restructure turned-down loans for subsequent approvals.
  • Front Line Conventional Underwriter / Appraisal Reviewer Expert in reviewing LTV ratios, credit reports, applications, and credit documents

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47. Hmda

low Demand
Here's how Hmda is used in Mortgage Underwriter jobs:
  • Consolidated and reported HMDA data for Residential Mortgage, Consumer Loan, and Commercial Lending departments to the FDIC annually.
  • Utilized sign off authority level II sign off authority on income, assets, appraisal logging, HMDA re-disclosures.
  • Ensured communication of the reason for the decline to customer is accurate, and in compliance with HMDA.
  • Second sign on cancels and declines, and review of HMDA input accuracy.
  • Performed HMDA disposition of canceled and declined loans in compliance with Reg.
  • Assisted in review of mortgages post close for HMDA regulations.
  • Prepared and completed HMDA Worksheet and inputted all HMDA reportable loans into the HMDA Data Entry Software.
  • Conduct HMDA Audit and general data verifications.
  • Verify HMDA information and geocoding loans.

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48. Minimize Risk

low Demand
Here's how Minimize Risk is used in Mortgage Underwriter jobs:
  • Balanced the need for loan-volume growth with the equally important necessity of optimum underwriting quality to minimize risk while maximizing profitability.
  • Performed special investigation audits and prepared concise reports to identify internal and external trends, uncover fraud and minimize risk.
  • Produced growth of the business while optimizing underwriting quality to minimize risk while maximizing profitability.
  • Analyze and examine loan documentation for accuracy, completeness and creditworthiness to minimize risk.
  • Balance high loan volume with optimum underwriting quality to minimize risk while maximizing profitability.
  • Analyzed and interpreted credit information to minimize risk and potential loss.
  • Conducted comprehensive quality assurance audits to minimize risks including fraud.
  • Provided optimum underwriting quality to minimize risk while maximizing profitability.
  • Balanced the need for loan-volume growth while underwriting with quality to minimize risk while focusing profitability.

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20 Most Common Skill for a Mortgage Underwriter

Loan Portfolio12.3%
Income Documentation10.6%
Credit Reports10.3%
Loan Applications8.9%
Ensure Compliance8.2%
Underwriting Guidelines6.7%
Va5.6%
Desktop Underwriter5.3%

Typical Skill-Sets Required For A Mortgage Underwriter

RankSkillPercentage of ResumesPercentage
1
1
Loan Portfolio
Loan Portfolio
10.4%
10.4%
2
2
Income Documentation
Income Documentation
9%
9%
3
3
Credit Reports
Credit Reports
8.8%
8.8%
4
4
Loan Applications
Loan Applications
7.5%
7.5%
5
5
Ensure Compliance
Ensure Compliance
7%
7%
6
6
Underwriting Guidelines
Underwriting Guidelines
5.6%
5.6%
7
7
Va
Va
4.8%
4.8%
8
8
Desktop Underwriter
Desktop Underwriter
4.5%
4.5%
9
9
Property Appraisals
Property Appraisals
3.8%
3.8%
10
10
Income Tax Returns
Income Tax Returns
3.2%
3.2%
11
11
Fannie MAE
Fannie MAE
2.8%
2.8%
12
12
Debt Ratios
Debt Ratios
2.6%
2.6%
13
13
Fraud Detection Techniques
Fraud Detection Techniques
2.6%
2.6%
14
14
Freddie Mac
Freddie Mac
2.2%
2.2%
15
15
Financial Statements
Financial Statements
2.2%
2.2%
16
16
Customer Service
Customer Service
1.7%
1.7%
17
17
Secondary Market
Secondary Market
1.6%
1.6%
18
18
Jumbo
Jumbo
1.6%
1.6%
19
19
Fnma
Fnma
1.5%
1.5%
20
20
Fhlmc
Fhlmc
1.5%
1.5%
21
21
AUS
AUS
1.2%
1.2%
22
22
Usda
Usda
1.1%
1.1%
23
23
Due Diligence
Due Diligence
0.8%
0.8%
24
24
Loan Origination
Loan Origination
0.8%
0.8%
25
25
Ensure Accuracy
Ensure Accuracy
0.7%
0.7%
26
26
Credit Risk
Credit Risk
0.6%
0.6%
27
27
Title Companies
Title Companies
0.6%
0.6%
28
28
Du/LP
Du/LP
0.6%
0.6%
29
29
Risk Analysis
Risk Analysis
0.5%
0.5%
30
30
Company Standards
Company Standards
0.5%
0.5%
31
31
Final Approval
Final Approval
0.5%
0.5%
32
32
Financial Strength
Financial Strength
0.5%
0.5%
33
33
HUD
HUD
0.5%
0.5%
34
34
Appropriate Company
Appropriate Company
0.5%
0.5%
35
35
Program Guidelines
Program Guidelines
0.5%
0.5%
36
36
DTI
DTI
0.5%
0.5%
37
37
Respa
Respa
0.5%
0.5%
38
38
Asset Documentation
Asset Documentation
0.5%
0.5%
39
39
LTV
LTV
0.4%
0.4%
40
40
External Customers
External Customers
0.4%
0.4%
41
41
Red Flags
Red Flags
0.4%
0.4%
42
42
Hamp
Hamp
0.4%
0.4%
43
43
Financial Documents
Financial Documents
0.4%
0.4%
44
44
Meticulous Attention
Meticulous Attention
0.4%
0.4%
45
45
Compliance Reviews
Compliance Reviews
0.4%
0.4%
46
46
Credit Documents
Credit Documents
0.4%
0.4%
47
47
Hmda
Hmda
0.4%
0.4%
48
48
Minimize Risk
Minimize Risk
0.3%
0.3%

4,424 Mortgage Underwriter Jobs

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