Top Senior Underwriter Skills

Below we've compiled a list of the most important skills for a Senior Underwriter. We ranked the top skills based on the percentage of Senior Underwriter resumes they appeared on. For example, 18.4% of Senior Underwriter resumes contained Loan Portfolio as a skill. Let's find out what skills a Senior Underwriter actually needs in order to be successful in the workplace.

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

1. Loan Portfolio

high Demand
Here's how Loan Portfolio is used in Senior Underwriter jobs:
  • Monitored loan portfolio to ensure adequate performance and acceptable delinquency levels consistent with industry standards and company goals.
  • Managed and trained underwriters responsible for coordinating the timetable from packaging to delivery of student loan portfolios.
  • Participated in Small Business Loan Committee making recommendations and decisions regarding Business Services loan portfolio.
  • Managed a loan portfolio comprised of work-out credits originated by other lenders.
  • Compiled loan portfolios for executive approval and handled escalated phone calls.
  • Reviewed outside financial organizations 10 million loan portfolio for possible acquisition.
  • Monitored loan portfolio performance trends relative to asset quality goals.
  • Audited bank acquisition assets and recommended purchase of loan portfolios.
  • Accounted for evaluating and analyzing delinquent loan portfolios.
  • Review of delinquent loan portfolio for proper underwriting practice per guidelines established at time of origination and for evidence of fraud.
  • Reviewed and evaluated delinquent loan portfolios to assess viability and identify possible fraud risk issues on loans for private investors.
  • Managed a $50MM commercial loan portfolio requiring annual reviews, renewals, covenant compliance verification and some workout.
  • Monitor borrower accounts and loan portfolios in order to maximize credit quality and minimize risk and potential loss.
  • Originated a loan portfolio of $73,000,000 with a delinquency rate of 1.6% at time of departure.
  • Analyze risk mitigation by securing existing loan portfolio holding high risk position or high probability of default.
  • Participated in loan reviews for the purchasing of loan portfolios of other financial institutions.
  • Managed and underwrote residential and consumer loan portfolios in compliance with credit policies.
  • Coach and train the junior underwriters to insure the quality loan portfolio.
  • Charged with managing the credit quality of the commercial loan portfolio.
  • Weighed credit versus assets to determine potential risk to loan portfolio.

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2. Loan Applications

high Demand
Here's how Loan Applications is used in Senior Underwriter jobs:
  • Exercised sound judgment in assessing and granting credit on approximately 70 customer loan applications per day resulting in minimized company losses.
  • Evaluate mortgage loan applications to determine eligibility, acceptability, and compliance with applicable state, federal and investor guidelines.
  • Underwrite loans from submission to final approval, including responsibility for reviewing all documentation of a reverse mortgage loan applications.
  • Performed underwriter approval/declines on FHA, VA, FmHA and conventional loan applications providing financing for one-to-four family residential properties.
  • Reviewed / underwrote loan applications to determine compliance with GMAC lending guidelines and establish credit worthiness and decision applications.
  • Review and underwriter all direct and indirect consumer loan applications ensuring compliance with Credit Union and regulatory guidelines.
  • Reviewed auto finance credit loan applications and rendered appropriate credit decisions based on company and regulatory guidelines.
  • Analyzed and evaluated residential loan applications that are originated in accordance with industry and business unit standards.
  • Applied all facets of underwriting to mortgage loan applications and supporting documentation to ensure accuracy and completeness.
  • Analyze and evaluate home loan applications and supporting documentation to assess borrower's credit worthiness.
  • Followed prescribed guidelines, received and reviewed loan applications and associated documentation to ensure accuracy.
  • Performed mortgage underwriting and due diligence analysis of documents submitted in connection with loan applications.
  • Underwrite mortgage loan applications for acceptability and adherence to specific Investor criteria and requirements.
  • Review loan applications to assure completeness of data, information listed and additional documentation.
  • Review auto finance loan applications and render appropriate credit decision within credit policy.
  • Reviewed mortgage loan applications by determining capacity, capability, and credit worthiness.
  • Received and reviewed loan applications and associated documentation to insure thoroughness and accuracy.
  • Evaluate and analyze loan applications in compliance to conforming and sub-prime underwriting guidelines.
  • Established tab-filing system for loan applications enabling quick access for stacking order accuracy.
  • Analyze and underwrite loan applications and appraisals utilizing automated decision tools.

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3. Underwriting Guidelines

high Demand
Here's how Underwriting Guidelines is used in Senior Underwriter jobs:
  • Participated in Agent Service Seminars throughout the Southern Region providing detailed information on new or updated underwriting guidelines and state statues.
  • Analyzed and evaluated renewals using underwriting guidelines, authority limits and renewal strategies with the primary focus on retaining profitable businesses.
  • Maintained knowledge of all applicable underwriting guidelines by completing all underwriting Training programs, learning any business unit policies and/or guidelines.
  • Develop premium quotations per underwriting guidelines for eligible risks using carrier proprietary systems and provide proposals for delivery to the client.
  • Review, analyze and make final determination on loan submissions using manual underwriting guidelines as well as validating Automate Underwriting recommendations.
  • Maintain strong knowledge of mortgage compliance rules, agency underwriting guidelines and industry standards for appraisal requirements and regulatory compliance.
  • Supervised, mentored and audited new underwriters on underwriting guidelines and departmental policies and procedures while they obtained authority.
  • Evaluate risk, review collateral and make appropriate loan decisions based on underwriting guidelines, information and documentation provided.
  • Conducted in-house secondary underwriting reviews and field audits to assure program administrator compliance with underwriting guidelines and authority.
  • Credit Policy and Process Support Understand and effectively work with Seller variances to product eligibility and underwriting guidelines.
  • Reviewed researched and compared the Underwriting guidelines with the Industry to modify otherwise outdated or antiquated underwriting guidelines.
  • Underwrite loans according to individual investor and client underwriting guidelines as well as adhering to Fannie/Freddie guidelines.
  • Process new business underwriting submissions, develop rates and terms based on underwriting guidelines and pricing methodology.
  • Reviewed, re-underwrote, and documented any material defects to underwriting guidelines or internal policies and procedures.
  • Performed quality control review of defaulted loans to determine adherence to underwriting guidelines and contract terms.
  • Validate that loans meet company underwriting guidelines and federal regulations/guidelines prior to final approving the loan.
  • Assisted in underwriting training, development of new underwriting guidelines and responsible for weekly underwriter meetings.
  • Developed and implemented a Commercial Surety Underwriting Guidelines Manual for consistent underwriting within the branch.
  • Verified closed loans were within agency underwriting guidelines, DU/AUS compliance and documented accordingly.
  • Maintain loan quality by adhering to internal procedures, compliance requirements and underwriting guidelines.

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4. Desktop Underwriter

high Demand
Here's how Desktop Underwriter is used in Senior Underwriter jobs:
  • Complete Mortgage Insurance requirements using Desktop Underwriter and Loan Prospector automated systems - Loan modification
  • Utilized various automated underwriting systems including Desktop Underwriter and Loan Prospector.
  • Received Desktop Underwriter DE authority designation.
  • Served as project leader in implementation of new Desktop Underwriter Software System, reducing application turnaround time by 70%.
  • Underwrite prime loans using Desktop Underwriter (DU), Loan Prospector (LP) findings and manual underwriting.
  • Use of Automated underwriting modules, Desktop Underwriter and Loan Prospector, as well as manual underwriting.
  • Utilized Desktop Underwriter, Loan Prospector, Zippy, Clues and ECS approvals and performed manual underwrite.
  • Utilized thorough understanding of Desktop Underwriter (DU) and Loan Prospector (LP) loan programs.
  • Worked with both company specific underwriting systems (DataTrac) and FNMA Desktop Underwriter.
  • Followed FNMA guidelines and worked on company's DU system (Desktop Underwriter).
  • Run appropriate A.U.S./Automated Underwriting Systems, like D.U./Desktop Underwriter and L.P. Loan Prospector.
  • Full knowledge of FNMA's desktop underwriter, Countrywide's CLOUT automated system.
  • Assisted with training of processors on Desktop Underwriter transactions when needed.
  • Submitted loans through Desktop Underwriter and Loan Prospector automated systems.
  • Utilized Desktop Underwriter to aid in agency risk evaluation.

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5. Credit Reports

high Demand
Here's how Credit Reports is used in Senior Underwriter jobs:
  • Examined supporting loan documents, including credit reports, financial statements and collateral for adherence to guidelines, accuracy and completeness.
  • Analyzed personal tax returns, personal financial statements and consumer credit reports determining borrower's financial ability and repayment capacity.
  • Reviewed financial statements, credit reports, tax returns, self-employment income applicable ratios and other supporting documentation.
  • Analyze credit reports and associated documentation, analyze appraisals, qualifies and classifies loans according to company guidelines.
  • Performed judgmental credit analysis by reviewing both personal & business credit reports and recommending appropriate financial products.
  • Determine applicant eligibility and credit worthiness based on analysis of income, tax returns and credit reports.
  • Requested and verified all required documentation including credit reports, asset accounts, employment and property appraisal.
  • Completed accurate analysis of credit reports, bank statements and supporting income documents to determine affordability.
  • Review customers credit reports, financial statements and income documentation to determine lending opportunities.
  • Reviewed financial statements, credit reports, applicable ratios and other supporting documentation acceptability.
  • Analyzed credit reports, associated documentation, appraisals and verified loan-to-value ratios.
  • Reviewed submission of policy financial statements, applicable ratios and credit reports.
  • Processed personal loan applications by utilizing credit reports and internal risk models.
  • Reviewed credit reports and income verification in order to perform debt-to-income analysis.
  • Reviewed and calculated income, analyzed credit reports and verified available assets.
  • Verify loan-to-value ratios, completeness of application information and credit reports.
  • Analyzed credit reports, calculated borrower income and assessed appraisal accuracy.
  • Evaluated residential property appraisals, financial statements, and credit reports.
  • Reviewed credit reports closely for any discrepancies and derogatory accounts.
  • Reviewed consumer credit reports for determining maximum loan values.

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6. Ensure Compliance

high Demand
Here's how Ensure Compliance is used in Senior Underwriter jobs:
  • Verify all loan information for accuracy and ensure compliance with Federal Regulations.
  • Monitor state and government guidelines to ensure compliance to support underwriting integrity.
  • Conduct audit reviews of borrower's loan profile to ensure compliance and best practices was followed at time of origination.
  • Underwrite residential loans (FHA, VA, Conventional) to ensure compliance with company and investor standards and overlays.
  • Performed post funding audit of loan products to ensure compliance with internal/external guidelines, US laws and regulations.
  • Reviewed and audited loans to ensure compliance and then coached employees on any possible errors/ best practices.
  • Monitor clients through the review process with timely and appropriate follow up to ensure compliance with guidelines.
  • Performed post-funding audit of loan products funded by Fulfillment Center to ensure compliance with investor guidelines.
  • Review, examine, and underwrite loans to ensure compliance, value, and investor guidelines.
  • Monitored sales and underwriting activities to ensure compliance with company guidelines and state insurance laws.
  • Build relationships with senior management and other department heads t ensure compliance with corporate policies.
  • Reviewed, examined and underwrote Conforming & Non-Conforming loans to ensure compliance with investor guidelines.
  • Analyzed various loan types including SCRA & GSE to ensure compliance with all regulations.
  • Credit decisions made with sound judgment and ensure compliance with industry and company guidelines.
  • Collaborated with mortgage brokers to ensure compliance with Banks procedures, policies and standards.
  • Audited closed loans to ensure compliance with laws, regulations and internal policies.
  • Performed quality control audit to ensure compliance, fraud detection and prevention.
  • Perform routine audits of Underwriter files to ensure compliance of FNMA guidelines.
  • Underwrite loan files to ensure compliance to both lender and agency guidelines.
  • Reviewed all 1-4 family appraisals to ensure compliance with appraisal policy.

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7. Income Documentation

high Demand
Here's how Income Documentation is used in Senior Underwriter jobs:
  • Analyzed and calculated income documentation for business and personal income statements; to ensure all necessary documents were requested.
  • Calculate complex income documentation including personal and corporate tax returns, credit, assets and collateral packages.
  • Analyzed and reviewed Credit bureau reports and income documentation in order to render credit decisions.
  • Sign off underwriter conditions, appraisals, income documentation & lien perfection documentation.
  • Review income documentation to ensure customers competence to repay debt.
  • Provided ongoing training to all underwriting staff on collateral packages, income documentation, credit analysis and overall level of risk.
  • Analyzed loan packages by reviewing credit, income documentation, appraisals and performed appraisal reviews, using Uniform (AU).
  • Analyze mortgage applications to ensure collateral; income documentation and credit worthiness of the applicants meet the investor s guidelines.
  • Examined loan documents for completeness and accuracy including income documentation, assets, appraisal, credit and title reports.
  • Analyzed income documentation, personal and business financial analysis, tax return and balance sheet, including cash flow.
  • Trained to find fraudulent information within income documentation as well as recognizing current fraudulent trends within the market.
  • Review credit, income documentation, appraisals and title to lend to borrowers who qualify for mortgage loans.
  • Examined credit quality, income documentation, title work, and appraisals on daily basis.
  • Review & request income documentation (VOE, VOR, bank statements etc.).
  • Review credit, income documentation and appraisals submitted by loan processor for loan approval.
  • Observed for any red flags for possible misleading income documentation, i.e.
  • Examine credit history, income documentation, appraisal and title report.
  • Review credit report, application, appraisal, and income documentation.
  • Complete thorough reviews of income documentation, and credit.
  • Review appraisal, income documentation and title policies.

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8. Va

high Demand
Here's how Va is used in Senior Underwriter jobs:
  • Reviewed evidence of insurance, requested and evaluated Attending Physician Statements (APS), paramedical examinations and laboratory studies.
  • Restructured processes and created databases for tracking application data and ultimately decreasing the workload of multiple employees throughout various departments.
  • Prepare written evaluations for purchase, refinancing and renewals and term modifications adhering to bank policies and regulatory guidelines.
  • Marketed contract surety to appointed agents in Arizona and Southern Nevada maintaining strong relationships and generating new surety business.
  • Provided asset-based lending to various merchants and commercial clients seeking incremental working capital to fund business expansion and diversification.
  • Served as Executive Advisory Board member discussing relevant Departmental issues and problems, exploring potential resolutions and action plans.
  • Provided prior underwriting approval for sellers without delegated authority or requesting approvals for higher risk level in Correspondent Division.
  • Provide technical expertise and support to Account Managers regarding potential benefit changes and/or alternatives available to the account.
  • Identify availability and feasibility of appropriate counter offers and alternate products, compensating factors and layers of risk.
  • Demonstrated ability to effectively evaluate credit worthiness of borrowers while maintaining top performance ratings on all approved loans.
  • Analyzed applicant's financial status, credit and properly evaluation to determine feasibility of approval of loan.
  • Reviewed residential mortgage applications to verify employment, assets and credit history meets established requirements for approval.
  • Analyze & review applicant documents in order to evaluate creditworthiness in relation to conventional residential mortgages.
  • Recommended approval for loans exceeding approval limit based on collateral, commitment, ability and willingness.
  • Prepare underwriting conditions, ensure approval requirements are satisfied and suspend files for missing documentation.
  • Validate loan application and supporting documentation, and verify system of record reflects correct information.
  • Utilized fraud investigation techniques to validate risk levels and determine investment quality of loan portfolios.
  • Review and select risk profiles for underwriting of Private Company and Not-for-Profit Management Liability insurance.
  • Determined acceptability of workers' compensation risks by reviewing, evaluating, rating submissions.
  • Perform Anti-Money Laundering, Banking Compliance, Evaluate suspicious account activity and make recommendations.

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9. Property Appraisals

high Demand
Here's how Property Appraisals is used in Senior Underwriter jobs:
  • Reviewed derogatory credit, performed income documentation verification, and reviewed property appraisals for deficiencies and declining market trends.
  • Reviewed property appraisals to determine the acceptability of the report and collateral secured to the transaction.
  • Analyzed income documentation as well as property appraisals to insure credit compliance.
  • Evaluated property appraisals, conditioning for additional comps as needed.
  • Reviewed property appraisals for comparable market value for borrower benefit.
  • Assess property appraisals to determine adequacy of security interest.
  • Analyzed property appraisals to determine value of collateral.
  • Evaluated property appraisals and credit packages.
  • Review property appraisals, income and asset documentation, title reports, and purchase contracts for compliance with approval requirements.
  • Evaluated personal/business income tax returns, property appraisals, credit profiles and rendered decisions according to the company's guidelines.
  • Analyzed all final third-party reports, including property appraisals, inspections, physical needs assessments, and environmental reports.
  • Analyze property appraisals to determine value of collateral, review title, and public records.
  • Reviewed credit documents, borrower's income, assets, property appraisals, and Trusts.
  • Reviewed property appraisals, verifying the comps support the value of the subject property.
  • Reviewed property appraisals, credit, income, assets to make a loan decision.
  • Analyzed property appraisals, title, sales contracts, and other associated loan documents.
  • Reviewed and analyzed property appraisals to issue Conditional Commitments for FHA loans and Notice of Reasonable Values for VA loans.

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10. Income Tax Returns

high Demand
Here's how Income Tax Returns is used in Senior Underwriter jobs:
  • 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.
  • Verified employment, income tax returns.
  • Evaluate and analyze complex income tax returns to establish qualifying income Review title information and purchase contract, if applicable.
  • Evaluated and analyzed income tax returns to establish qualifying income.

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11. Customer Service

high Demand
Here's how Customer Service is used in Senior Underwriter jobs:
  • Possessed superior customer service skills with internal staff and external customers to explain credit decisions and offered alternative options when needed.
  • Provide exemplary customer service to both internal staff and external customer by explaining credit decision and offering alternative options when needed.
  • Managed high volume pipeline and was consistently recognized for highest monthly volume of funded loans and excellent customer service satisfaction.
  • Provided customer service to internal sales and operations staff to restructure loans and provide assistance with interpretation of guidelines.
  • Delegated policy production and change requests and effectively communicated with Customer Service Representatives and Techs within the Underwriting Department.
  • Developed collaborative working relationships with agents, brokers, and insureds promoting teamwork and excellent customer service.
  • Maintain high level of customer service by being proactive in communication with mortgage correspondents/brokers and account executives.
  • Fulfilled the position of a customer service representative; rendered marketing assistance on numerous renewal accounts.
  • Delegated and oversaw midterm service requests from insureds to guarantee timely quality customer service was provided.
  • Defined a working relationship with our Sales Partners to enhance our already outstanding customer service reputation.
  • Managed and trained auto customer service and underwriting on the policy management system and guidelines.
  • Trained and developed new underwriters concerning procedures, regulations of state guidelines and customer service.
  • Maintained and critiqued internal customer's satisfaction though assertive, informational, customer service training.
  • Managed 40+ agency relationships within assigned territory in order to meet high customer service standards.
  • Developed superior client rapport and customer service ratings while executing company guidelines and policies.
  • Performed internal audits on loan packages and provided excellent internal and external customer service.
  • Provided high quality loans while maintaining productivity and providing the ultimate customer service experience.
  • Leveraged superior customer service and pipeline management skills resulting in Management notification of appreciation.
  • Instituted new standards for customer communication and received corporate recognition for exceptional customer service.
  • Implemented user support and customer service on company supported computer applications and platforms.

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12. Loss Ratio

high Demand
Here's how Loss Ratio is used in Senior Underwriter jobs:
  • Monitored and recommended renewal strategy for accounts on monthly loss ratio exception reports.
  • Assist field marketing with agency book management including monitoring loss ratios.
  • Monitored all Surety Bond accounts for any potential claim activity to underwrite to a profit and to minimize the Loss Ratio.
  • Traveled to all agents and reviewed agency production, loss ratio and growth potential Reviewed and Quoted all size accounts-Fleet and Non-Fleet
  • Increased premiums by 641% to $3.2 million while achieving 34% calendar-year loss ratio and 29% accident-year ratio
  • Maintained strict quality standards, exceeding loss ratio goals by 5% and achieving audit score of 98%.
  • Review current term losses, and prior terms for overall loss ratio to determine final rate based on findings.
  • Recognized for my outstanding quality control reviews, resulting in a 20% decrease in my territories loss ratio.
  • Maintained a portfolio loss ratio of less than 35% and maintained a 93% retention rate of accounts.
  • Applied underwriting tools and guidelines to grow assignment average of 20% with loss ratios under 45%.
  • Review agency portfolio for weakness in loss ratio and growth and propose action plans to correct these areas.
  • Managed territory comprised of $10,000,000 in premium volume with a profitable pure loss ratio of 40-50%.
  • Decreased loss ratios an average of 15-20% through re-underwriting programs and establishing a new agent mentoring program.
  • Direct these activities to achieve premium plan objectives while maintaining rate, retention and loss ratio criteria.
  • Doubled net written premium to $5 million, with a 33% direct written loss ratio.
  • Maintained positive Agency Relationships achieving production, renewal retention, and loss ratio and service goals.
  • Review target accounts, premiums and loss ratios on a quarterly basis by conducting agency reviews.
  • Reduced earned loss ratio from 65% to 50%, resulting in improved profitability.
  • Managed an assigned territory worth $23M in direct written premiums within permissible loss ratio.
  • Managed practices' loss ratios, claims handling, contract changes/negotiations and management of staff.

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13. Financial Statements

high Demand
Here's how Financial Statements is used in Senior Underwriter jobs:
  • Evaluate credit applications and financial statements in a timely and efficient manner in compliance with company credit policy and return requirements.
  • Performed underwriting department policy services including reviewing applications, endorsements, letters, financial statements, and policy language for interpretation.
  • Analyzed financial statements, credit history and related experience of borrowers, general contractors, developers, and property management companies.
  • Analyzed small businesses financial statements, income documentation, and assets to model a business ability to repay loan obligations.
  • Analyze financial statements and accurately process documentation while effectively mitigating financial risk by thoroughly evaluating loan applicants for fiscal viability.
  • Reviewed and analyzed business/personal financial statements, credit history, experience, work in progress schedules and profitability.
  • Preformed credit analysis to establish credit worthiness by analyzing operations, financial statements and overall transaction structure.
  • Analyzed risks internal controls and reviewed financial statements, with strict adherence to corporate underwriting guidelines.
  • Analyzed all financial statements, identified adequacy of reserves and insufficient working capital and cash flow.
  • Analyzed financial statements and assisted with deal-structuring and continuous monitoring of borrowing customers in region.
  • Review financial statements and reports for specific area of business; proving credit underwriting decisions.
  • Procured and analyzed financial statements to determine financial stability, health, and viability.
  • Spread financial statements and analyze financial performance of borrowers and applicable industry trends.
  • Maintained and revised processing volumes as warranted by financial statements and processing activity.
  • Analyzed financial statements and tax returns to determine repayment capacity and financial strength.
  • Examined financial statements and pertinent information to determine credit worthiness of prospective customers.
  • Obtained and collected projected financial analysis utilizing the tax returns and financial statements.
  • Analyzed financial statements and operation details in order to reach an underwriting decision.
  • Analyzed financial statements and pertinent information to determine creditworthiness of prospective borrowers.
  • Analyzed financial statements for self-employed borrowers, credit report and collateral.

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14. Jumbo Loans

average Demand
Here's how Jumbo Loans is used in Senior Underwriter jobs:
  • Identified risks/potential fraud and conducted risk management assessments for USDA, conforming/none-conforming/jumbo loans.
  • Review closed jumbo loans originated nationwide for purchase by investor.
  • Analyzed Conventional Conforming and Jumbo loans for final approval.
  • Underwrite to specific investor guidelines conventional and jumbo loans.
  • Underwrite Conventional/Jumbo loans and Community Lending Programs.
  • Worked on a team that deals with extensive personal & business tax returns & Jumbo loans, along with conforming loans.
  • Full manual underwriting of credit, income, assets and collateral for jumbo loans with lending authority of $2,000,000.
  • Accomplished in examining closed and open loan files for 1st & 2nd Trust Deeds, Jumbo loans and construction loans.
  • Evaluated all types of mortgage transactions, including high-risk applicants, jumbo loans, and self employed borrowers.
  • Direct Lender- Underwriting of conforming, FHA/VA and Jumbo loans, Wholesale lender Avg 5-7 loans a day.
  • Experienced Senior Underwriter for Jumbo loans, special programs as determined by lending authority set by Underwriting Management.
  • Performed front-line underwriting for retail and wholesale divisions for Agency, employee, construction-to-perm and Jumbo loans.
  • Handled consumer direct and retail underwriting of FHA, Harp and Conventional High Balance /Jumbo loans.
  • Underwrite Home Equity Lines of Credit, Conforming and Jumbo loans, special programs.
  • Selected as 1of 2 Underwriters out of 12 to handle all Jumbo loans.
  • Evaluated high risk transactions, jumbo loans, and high risk profile applicants.
  • Underwrite all conventional conforming and jumbo loans in accordance with investor guidelines.
  • Examined, and recommended approval of customer applications for jumbo loans.
  • Approved mortgage loan files, including conventional and jumbo loans.
  • Submitted Jumbo Loans to the lending committee for review.

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15. Fannie MAE

average Demand
Here's how Fannie MAE is used in Senior Underwriter jobs:
  • Maximized seller quality performance and Fannie Mae underwriting performance.
  • Maintain a sound knowledge of Fannie Mae guidelines, DU guidelines, and risk assessment tools used to decision mortgage loans.
  • Review and provide feedback on Product and DU enhancements (Draft and/or Final version) to applicable Fannie Mae functional areas.
  • Underwrite and clear conditions for mortgage loans according to Fannie Mae or Freddie mac while incorporating Chase overlays in each decision.
  • Underwrite conventional and high balance loans with signing authority of $417,000 and validate underwriting recommendations for Fannie Mae/ Freddie Mac.
  • Reviewed close loans for eligibility with respect to Freddie Mac's Selling Guide, LP Guide, Fannie Mae's.
  • Experienced with Investor products, Portfolio Acquisition, Wall Street acquisition, Freddie Mac Loan Prospector and Fannie Mae Desktop.
  • Trained junior underwriters, loan officers and processors on the Basics of Sound Underwriting from Fannie Mae in classroom setting.
  • Prepared and performed loan and global cash flow analysis with Fannie Mae and in accordance to all internal bank guidelines.
  • Performed Forensic Underwriting and Manual Underwriting to determine if the loans adhered to Fannie Mae and Freddie Mac Seller Guidelines.
  • Underwrite conventional, Fannie Mae, and Freddie Mac loans with a signing authority of up to $625,000.
  • Requested to specialize in Fannie Mae due to proven history with thoroughness and accuracy of the teams' reviews.
  • Coordinated incoming audit requests from Freddie Mac, Fannie Mae, FHA, VA and all Mortgage Insurance Companies.
  • Exposed to Conventional, Fannie Mae and Freddie Mac (government backed) assets with a lending/signing authority of 20MM
  • Provided guidance to lenders on interpretation of Selling Guide, Desktop Underwriter Findings and overall Fannie Mae underwriting philosophy.
  • Work with Fannie Mae, Freddie Mac, FHA, USDA and VA Loans underwriting guidelines to complete modification application
  • Audit reviews, front line Underwriting of Portfolio, Co-Op Loans, Fannie Mae, and Freddie Mac loans.
  • Reviewed loans to ensure soundness, business value and compliance with various investors including Fannie Mae and Freddie Mac.
  • Performed second level reviews for all condo and co-op projects assuring Fannie Mae, Freddie Mac requirements were met.
  • Mortgage loan underwriter for wholesale, conventional loan purchase and refinances through both Fannie Mae and Freddie Mac AUS.

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16. Freddie Mac

average Demand
Here's how Freddie Mac is used in Senior Underwriter jobs:
  • Perform quality control review of Freddie Mac non-performing loans to determine overall investment quality and alignment with credit philosophy.
  • Evaluate loans for credit and collateral risk ensuring lenders met their contract requirements for originating the loan sold to Freddie Mac.
  • Evaluate Credit, Income, and Collateral, of closed non-performing loans for compliance with the original Freddie Mac master agreements.
  • Worked on underwriting loans for the Home Affordable Modification program & Standard Modifications for Freddie Mac & BMO Harris guidelines.
  • Obtain essential missing documents and re-verified with third parties to see if the loans meet the Freddie Mac requirements.
  • Analyzed the loans to assess if they conformed to Freddie Mac's acceptable guidelines at time of funding.
  • Detailed letter creation/writing to investors for repurchase of fraudulent or inaccurate loans that were sold to Freddie Mac.
  • Determine if loans were delivered in compliance with the terms of Freddie Mac's commitments with the lenders.
  • Referred the applications for non delegated modifications and assumptions to Freddie Mac to request an approval or denial.
  • Awaited an answer from Freddie Mac and approved or denied the non delegated modification or assumption.
  • Insured all data and review conclusions were synchronized in Freddie Mac s Quality Assurance System
  • Assigned to Freddie Mac within the Single Family Non-Performing Loan Quality Control area.
  • Retained the thorough knowledge of Freddie Mac regulations to underwrite the loans.
  • Determined if loans including collateral complied with Freddie Mac's investment standards.
  • Underwrite conventional files to the Harris Bank and Freddie Mac guidelines.
  • Performed quality control underwriting reviews on loans sold to Freddie Mac.
  • Performed quality control reviews of closed loans delivered to Freddie Mac.
  • Completed assumptions and non delegated modifications in the Freddie Mac system.
  • Provide quality control guidance to Freddie Mac sellers/servers.
  • Approve or deny a loan file based on SunTrust, FNMA /FREDDIE MAC's guidelines.

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17. Fnma

average Demand
Here's how Fnma is used in Senior Underwriter jobs:
  • Ensured accuracy and reviewed and evaluated information on loan documents using FNMA guidelines.
  • Review FHA/FNMA loan agreements and delinquency arrangements to reschedule debt and negotiated payoff schedules with delinquent borrowers, to prevent foreclosure.
  • Point of contact for team members with investor related questions and updates as well as the FNMA subject matter expert.
  • Review FNMA s Project Approved List and contact Project Review with any obscure scenarios to ensure proper adherence to guidelines.
  • Determine loan parameters comply with PHH guidelines or in lieu of an expressed guideline ensure parameters meet FNMA/FHLHMC guidelines.
  • Reviewed our findings with FNMA's PLS Underwriting Manager and team prior to finalizing the reports to FNMA.
  • Reviewed applications for 1st and 2nd mortgages for several investors, including FNMA, GMAC and Countrywide.
  • Managed Special Risk files for FNMA, HAMP, and CHAMP workout options for homeowners to qualify.
  • Experience in reviewing and analyzing complex personal and corporate tax returns and completing the FNMA 1084.
  • Review completed residential appraisals for quality, accuracy and compliance with FNMA and USPAP guidelines.
  • Utilized knowledge of FNMA, FMLHC, FHA and VA guidelines and their proprietary systems.
  • Reviewed FNMA appraisals by determining the collateral securing the loan was acceptable per company guidelines.
  • Recorded and explained any differences between data found in the file and FNMA guideline requirements.
  • Managed review, analysis, and approval of FHLCM and FNMA Conventional loan requests.
  • Performed staff training for new FNMA guideline changes and system issues utilizing Power Point.
  • Assisted FNMA Washington in compiling Quality Control Manual and Guidelines for the Region.
  • Review FNMA appraisal report for consistency, compliance and red flags.
  • Underwrite Conventional FNMA, FHA, Streamlines, refinance and purchases.
  • Review loan documentation; determine if documentation meets FNMA guidelines.
  • Underwrite first mortgage loans according to FNMA Guidelines.

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18. Fhlmc

average Demand
Here's how Fhlmc is used in Senior Underwriter jobs:
  • Achieved a comprehensive understanding of FNMA/FHLMC/Investor Guidelines.
  • Underwrite FHA, VA and Conventional loans to ensure credit decisions meet FHA, FNMA, FHLMC and PMI credit guidelines.
  • Performed review of DU and LP findings along with underwriting of FHA, FNMA HARP loans and FHLMC Relief refinance loans.
  • Adhered to policy and procedural guidelines for FNMA, FHLMC and client bank standards while complying with applicable laws and regulations.
  • Performed a thorough review of FNMA, FHLMC and Non-Agency closed loans for capacity, capital, character and condition.
  • Contract underwriting - HARP, FNMA, FHLMC, VA. Full credit, asset, employment, and appraisal evaluations.
  • Reviewed all aspects of file including income, credit, quality to ensure adherence to FNMA and FHLMC credit standards.
  • Analyzed original decisions made on defaulted loans FNMA and FHLMC sent demands for and successfully overturned 92% of pipeline.
  • Review, examine and underwrite FNMA and FHLMC loans to ensure soundness, and compliance to FNMA and FHLMC guidelines.
  • Review of wholesale and retail loan files for compliance with FHA, FNMA, FHLMC, company and state requirements.
  • Review and validate all documentation to determine if the loan meets USAD, FNMA/FHLMC, VA or FHA required guidelines.
  • Underwrite Purchase/Refinance Conventional Loans to FNMA/FHLMC guidelines with AUS Review and sign off prior to docs/funding conditions and loan docs.
  • Underwrite mortgage applications according to FNMA/FHLMC, FHA, & VA guidelines, as well as to individual lender specifications.
  • Applied the underwriting guidelines of the following investors: FNMA, FHLMC, FHA, VA, and private investors.
  • Reviewed, examined and underwrote loans for FNMA, FHLMC and Private Investors to ensure compliance with investor guidelines.
  • Utilized various internal and external systems to research loan files and prepare rebuttal appeals to FNMA and FHLMC.
  • Established Government underwriting in Dallas while underwriting Conventional, Agency FHLMC & FNMA along with Banks Portfolio Products.
  • Provided contract-underwriting services for lenders of conforming and non-conforming products according to FNMA/FHLMC, and investor's guidelines.
  • Approved wholesale single family and multifamily real estate loans to (FNMA/FHLMC) for conforming and jumbo investor.
  • Investigated and made decisions as to the validity of the deficiencies with regards to FNMA/FHLMC underwriting guidelines.

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19. Usda

average Demand
Here's how Usda is used in Senior Underwriter jobs:
  • Designated for underwriting conventional, USDA, conforming and non-conforming loans for all branches within company on a 24-48hr turn time.
  • Performed front-line underwriting functions for Conventional, Jumbo, Construction, USDA, and FHA products, including MRBP loans.
  • Issue credit approvals based on LP or DU findings & based on manual Underwrite where authorized (FHA/USDA).
  • Review and verified all loans ensuring they met Investor, Agency, Warehouse, USDA and Government required guidelines.
  • Underwrite USDA loans prior to submission to agency; Underwrite VA Loans for LAPP/Automatic for company Test Cases.
  • Review loans for credit, collateral and capacity to repay for Conventional, FHA, VA & USDA.
  • Underwrite residential mortgage loans under Conforming, Conventional, Jumbo, FHA and USDA programs under retail operations.
  • Full delegation with all FHA, USDA & Conventional programs with 90% purchase volume.
  • Underwrite and review all Government loan types including FHA, VA, and USDA-Farm loans.
  • Analyzed loan application packages and performed appraisal reviews for Conventional, FHA and USDA products.
  • Experienced in underwriting FHA, VA, USDA, Housing, and Conventional loan types.
  • Stay up to date with all FHA, VA, Conventional and USDA underwriting requirements
  • Implemented and Streamlined submission process to USDA resulting in commitment receipt more timely.
  • Underwrite FHA, USDA and Conventional loans for the Wholesale and Retail channels.
  • Experienced in Conforming, Nonconforming, USDA, FHA and VA guidelines.
  • Specialized in FHA, VA, USDA and conventional mortgage loans.
  • Reviewed and approved Conventional, FHA and USDA appraisals.
  • Processed loans from start to finish in guaranteed programs such as; SBA, USDA, US DOT STLP and FSA.
  • Certified FHA, USDA, Conventional, MSHDA DPA/MCC, FL MCC, TX SETH loans.
  • Worked FHA, Conventional, USDA, Bond, DPA loans and VA credit.

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20. Secondary Market

average Demand
Here's how Secondary Market is used in Senior Underwriter jobs:
  • Determine acceptability and compliance with applicable state and federal regulations, investor guidelines and appropriate company and secondary market investor standards/overlays.
  • Worked directly with secondary market mortgage underwriters to ensure applications failing to qualify were second reviewed and processed through alternative channels.
  • Work within established lending guidelines adhering to Secondary Marketing and Investors requirements to make credit decisions within lending authority.
  • Analyzed conventional refinance and purchase transactions through DU/LP ensuring compliance with appropriate company and secondary market investor standards.
  • Evaluated credit policies and changes in secondary market regulations, maintaining efficient quality control of loan portfolios.
  • Worked with legal counsel and closing coordinators in preparation of loan documents and secondary market delivery packages.
  • Assisted secondary marketing by negotiating with investors for approval of loan purchases and bulk acquisition pricing.
  • Performed post-closing due diligence by working closely with secondary marketing to identify and correct material deficiencies.
  • Underwrote/processed residential mortgage loans to ensure compliance with bank, secondary market and investor guidelines.
  • Assisted in selling loans in the secondary market to increase overall company profitability.
  • Developed operational and credit policies for the compliance with secondary market guidelines.
  • Assisted secondary marketing in acquiring unique products and obtaining exceptions with investors.
  • Assisted secondary marketing department with research and development new loan products.
  • Validated compliance with appropriate Banner Bank and secondary market investor standards.
  • Evaluate loans to determine adherence to company and secondary market guidelines.
  • Performed secondary market reviews that included granting exceptions and loan pricing.
  • Developed LOS software for third party origination and secondary marketing.
  • Priced loans accurately and strategically to maximize secondary marketing income.
  • Full working knowledge of secondary market underwriting guidelines.
  • Underwrite secondary market loans to secondary market standards.

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21. AUS

average Demand
Here's how AUS is used in Senior Underwriter jobs:
  • Rerun AUS findings for non-delegated correspondents.
  • Calculated debt to income ratios with consistent accuracy by analyzing credit bureaus, appraisals, title searches and supporting loan documents.
  • Generated executive level summaries outlining root causes of issues coupled with proposed systemic and procedural solutions both interim and long term.
  • Performed a prior underwrite, sign off conditions, and approved for funding in accordance to the AUS cert and guidelines.
  • Selected as Lead QC for UBS and Chase Put Back teams because of proven quality of work and years of experience.
  • Analyzed supporting documentation on Automated Underwriting System (AUS) approved loans to determine if information supports the AUS decision.
  • Monitored and managed the FNMA Desktop Underwriter AUS by providing procedural/technical support to an entire staff of over 500 employees.
  • Review appraisal, credit, title, income, assets, FHA Connection, AUS and all pertinent documentation.
  • Audit manual and AUS underwritten loans for the approval and denial of loans based of the submitted criteria.
  • Review renewal policies that have multiple claims to determine if the proximate cause of loss has been repaired.
  • Issue lending decisions based on risk calculation in conjunction with guideline review, AUS findings and submission package.
  • Analyzed credit applications and bureaus to make effective and consistent credit decisions for VCU's Dealer Lending Department.
  • Underwrite conventional conforming and non-conforming, FHA, USDA, VA loans, both AUS approved and manual.
  • Compose repurchase letters to Sellers outlining reasons for repurchase and possible remedies for the issues causing the buyback.
  • Have the ability to determine the Errors in the AUS/DU decision if there are any and correct.
  • Perform manual and AUS underwriting for Banking and Private and FHA loans in the Loss Mitigation department.
  • Averaged 5-8 manual underwrites per day, 10-15 AUS underwrites or 20-25 forensic or conditions clearing underwrites.
  • Typed up approvals, reviewed appraisals, cleared conditions, obtained MI Certificates, revised AUS Findings.
  • Identified possible fraud, lender weaknesses and verified that the AUS conditions were met or exceeded.
  • Review the AUS analysis of the borrower's credit and confirm the AUS approval is accurate.

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22. Due Diligence

average Demand
Here's how Due Diligence is used in Senior Underwriter jobs:
  • Experience in current economic declining markets while applying due diligence/quality control/assessing risks within a diverse investor selection statewide.
  • Performed critical level due diligence audit reviews, captured data and documentation in accordance with case review methodology.
  • Stayed abreast of current economic declining markets while applying due diligence/quality control/assessing risks within diverse investor selections.
  • Initiated direct communication with Brokers and Account Executives ensuring due diligence with loans submitted for underwriting.
  • Led and participated in due diligence teams in credit review of portfolio/company acquisitions.
  • Perform company industry due diligence for identification of class specific business risks.
  • Managed underwriting teams of 5-7 underwriters conducting external site review and due diligence of loan files purchased from other lending institutions.
  • Manage loan conditions from credit, property, and compliance reviews with Sellers and external 3rd party service due diligence providers.
  • Performed full file reviews and evaluated credit, compliance and collateral for Investment purchases with due diligence as a prudent matter.
  • Managed due diligence/negotiations for all new/existing loans - Title review; document creation; collections; foreclosure; and general contracting.
  • Maintained Internal Watch List to guarantee the following of due diligence requirements set forth by Asset Quality and Compliance departments.
  • Monitored capital market conditions, generated due diligence reports, and conditioned files for investor's approval or denial.
  • Worked closely with legal counsel to analyze prospective clients and conducted due diligence prior to mortgage and financial negations.
  • Underwrite mortgage files; respond to investor due diligence as well as appeal (mortgage insurance) claim denials.
  • Performed credit and compliance due diligence review of newly originated conforming, jumbo, and governmental residential mortgage loans.
  • Collected, analyzed, facilitated due diligence and fraud testing, and ensured regulatory compliance of complete loan files.
  • Performed underwriting and due diligence review of the builder, its credentials, licenses, experience and clearances.
  • Performed underwriting, due diligence, scratch and dent portfolio analysis and compliance review for lending institutions nationwide.
  • Counseled on upper management on various due diligence, quality control, and loss mitigation issues as well.
  • Report to management the results of the due diligence process and make recommendations on any adjustments to pricing.

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23. New Accounts

average Demand
Here's how New Accounts is used in Senior Underwriter jobs:
  • Worked as the senior underwriter for new accounts and as a risk analyst for daily transaction processing.
  • Exceeded new business budget by binding new accounts, including several over $300K in premium.
  • Quoted new accounts, pricing high limit excess, and reviewing property inspections.
  • Worked with territory managers and agents to price and renew accounts.
  • Established new accounts and upgraded existing service.
  • Ordered MVR's and D&B reports for all new accounts.
  • Promoted to program management team [ ] establishing new accounts and daily management of accounts.

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24. Equity

average Demand
Here's how Equity is used in Senior Underwriter jobs:
  • Led acquisitions and underwriting process for private equity transactions (investments included stabilized and value-added commercial real estate).
  • Process Home Equity loans from application to closing including obtaining required documentation and ordering necessary title searches and appraisals.
  • Communicated directly with senior corporate and financial management of applicants, venture capitalists, and equity market analysts.
  • Analyzed home equity applications and vendor information to determine the applicant's credit worthiness and assigned credit limits.
  • Composed and continually updated procedure manual for the Home Equity Division
  • Performed reviews and equity analysis as needed.
  • Process and underwrite conventional, FHA, VA, USDA, PHFA and home equity loans for sale to multiple investors.
  • Focused on investment banking, financial services for consumers, small businesses, commercial banking, asset management and private equity.
  • Assumed full responsibility in negotiating, underwriting, presenting, and documenting the first equity-sponsored transaction ever done by the Bank.
  • Authorized to underwrite conforming, non conforming, home equity, Texas Veteran Land Board, purchases and fixed seconds.
  • Provide support for Loan Line, Home Equity and Retail channels including auto loans, personal lines and signature loans.
  • Provided decisions on retail mortgage loans and home equity lines of credit from retail branch locations in Northwest Region.
  • Underwrite conforming and non-conforming/jumbo conventional loans, home equity, FHA and VA loans, reviewer of VA appraisals.
  • Worked directly with Processors in the 1st Trust Deed, Home Equity Team, Wholesale Team and Brokers.
  • Introduced, complied information and implemented a new review within the department for Home Equity loan reviews.
  • Evaluated new program opportunities that assured increased company production and reaching 15% return on equity goal.
  • Underwrite all 1-4 Family, Construction/Permanent, Correspondent mortgages and Equity loans with sign off authority.
  • Supervised staff of 8 responsible for originating and underwriting financing for home equity and consumer loans.
  • Worked with members of internal Compliance Department to judge equity and effectiveness of processes and procedures.
  • Reviewed and underwrote a wide range of FUHEB's Home Equity Product lines, i.e.

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25. Company Standards

average Demand
Here's how Company Standards is used in Senior Underwriter jobs:
  • Reviewed applications/endorsements and renewals in risk selection process, meeting company standards for productivity and error ratio.
  • Prepared audit reports and recommendations for mentoring/coaching Underwriters and Loan Processors of company standards and guidelines.
  • Maintained production levels that exceeded company standards.
  • Maintained a quality rating within company standards.
  • Fill in for other teams and assist in underwriting as deemed necessary to keep company standards and turnaround time.
  • Developed and trained new and existing Loan Processors on processes, procedures, loan guidelines, and company standards.
  • Maintain loan quality, productivity and met company standards while working with difficult and sometimes unusual loan scenarios.
  • Exceeded company standards for service levels and processing time frames.
  • Maintain file folders in accordance with company standards.
  • Performed EKG interpretations Maintained company standards and practices by following the guidelines.
  • Compiled daily, weekly and monthly reports to track performance goals ensuring company standards were met.
  • Respond to audit requests, compare final statements ad hearing to company standards.

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26. Risk Analysis

average Demand
Here's how Risk Analysis is used in Senior Underwriter jobs:
  • Consult regional sales persons regarding risk analysis, providing advice for positioning our proposals against competition.
  • Conducted risk analysis to ensure that prospective new business met regulatory standards and profitability goals.
  • Performed detailed risk analysis of all supporting documentation and issuance of a final decision.
  • Performed comprehensive risk analysis for new business prospects and national account groups.
  • Conduct thorough risk analysis to identify potential fraud or misrepresentation.
  • Performed risk analysis and made appropriate recommendations to management.
  • Perform risk analysis and make decisions regarding deficiencies.
  • Perform risk analysis of all loan documents to deter any fraud or misrepresentation from all parties involved in the loan process.
  • Analyzed income and credit documentation as well as appraisal and title commitments to ensure proper risk analysis on complex loan packages.
  • Supported regional auto dealerships through price to risk analysis, finance and insurance issues, customer quotations and credit reviews.
  • Team Lead for the Builder Services Group, I performed credit risk analysis on all loans prior to processing.
  • Worked with businesses with contracts ranking from 50 to 500K, performed risk analysis and delivered competitive sales quotes.
  • Determine pricing and eligibility for each account using risk analysis, ground up pricing model, and loss forecaster.
  • Performed site audits for safety and risk analysis of many corporate fleet locations and fixed -based operators.
  • Performed risk analysis and managed loan-level quality assurance files of PL, NPL, EPD, PPD.
  • Perform risk analysis and due diligence quality reviews of credit, income, assets, and appraisals.
  • Manage COI (Conflict of interest) for Broker Owned Escrow/Title /Virtual Escrow processes and risk analysis.
  • Review income, collateral, risk analysis, quality control and final conditions for final approval.
  • Risk Analysis & Underwriter Protects mortgage investments by evaluating loan risk; rejecting and ranking risk.
  • Analyze income, assets, employment, credit and collateral to determine the risk analysis.

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27. Ensure Accuracy

low Demand
Here's how Ensure Accuracy is used in Senior Underwriter jobs:
  • Analyzed all areas of the mortgage application to ensure accuracy, completeness and compliance with internal and regulatory guidelines.
  • Evaluated residential mortgage loans to conventional and government programs per investor and company guidelines to ensure accuracy.
  • Examined overall loan documentation for large, unusual or complex transactions to ensure accuracy and completeness.
  • Conduct interviews and verification calls with Clients to ensure accuracy of applications and documents provided.
  • Examined overall loan documentation to ensure accuracy, completeness, and compliance with Conventional/Wholesale/FHA standards.
  • Examine transactions to ensure accuracy and completeness within agency and FHA/VA guidelines.
  • Managed pending insurance and investment contracts to ensure accuracy and completion.
  • Prepare quotations/proposals to ensure accuracy prior to presentation to potential clients.
  • Audited department files to ensure accuracy and consistent adherence to guidelines.
  • Investigate and resolve guideline discrepancies to ensure accuracy and compliance.
  • Reviewed and audited sales support team rating quotes to ensure accuracy and compliance, and provided exception or recommendation for revisions.
  • Review quality reports to ensure accuracy, and lead training sessions for the department to discuss the quality findings.
  • Followed prescribed guidelines for rating/coding of the data point findings and over write incorrect values to ensure accuracy.
  • Handled post closing and quality control audits to ensure accuracy and compliance for company and investors requirements.
  • Examine transactions to ensure accuracy and compliance with organization, regulatory, agency and FHA/VA guidelines.
  • Conducted peer work reviews of the most complex cases to ensure accuracy and appropriateness of quote.
  • Perform audits on the Initial Escrow Statement to ensure accuracy of escrow fee's.
  • Worked with agents and their clients to ensure accuracy on applications and endorsements.
  • Review all loan documents to ensure accuracy and completeness and compliance.
  • Examined loan documents to ensure accuracy, complement and fraud prevention.

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28. Credit Risk

low Demand
Here's how Credit Risk is used in Senior Underwriter jobs:
  • Evaluate creditworthiness and financial strength of borrower to determine degree of credit risk and assess loan-level eligibility.
  • Composed formal credit presentations, outlining key risk assessments for consideration credit Risk Officer.
  • Provide written recommendations to management to assist in credit risk control and customer satisfaction.
  • Determined appropriate credit risk ratings based on financial data and current market conditions.
  • Analyzed layered credit risk by leveraging internal risk tools thereby mitigating risk factors.
  • Finalize underwriting documents through active dialogue with Credit Risk Management Executives.
  • Determined underwriting conditions required for funding and credit risk ratings.
  • Presented recommendations to Credit Risk Management for appeal or concurrence.
  • Conduct credit risk reviews of retail and correspondent loans and apply needed conditions to meet programs and product specifications.
  • Structure and price loans consistent with compliance police; comply, analyze and document loan data and credit risk.
  • Work directly with senior credit risk executives to identify existing and emerging risk issues within the loan portfolio.
  • Conduct independent credit risk compliance audits via fraud investigation tools and use of internet fraud detection tools ex.
  • Sized, analyzed and assessed inherent credit risk of loans from $1 million to $450 million.
  • Evaluate credit risk, approval of final loan decision and ensure compliance with company policy and procedures.
  • Demonstrate the ability to converse with management on all levels regarding credit risk management and audit findings.
  • Evaluated credit risk and rendered prudent credit decisions in compliance with corporate guidelines * and policies.
  • Trained junior lenders regarding credit risk, cash flow, statement analysis and problem warning signals.
  • Review and evaluate mortgage credit application to assess product fit, price accuracy and credit risk.
  • Analyzed conventional and FHA mortgage applications to determine credit risk and make credit decision.
  • Assess credit risk, financial stability, and repayment ability of potential borrowers.

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29. Renewal Business

low Demand
Here's how Renewal Business is used in Senior Underwriter jobs:
  • Determined pricing for assigned new and renewal business, endorsement and related transactions in compliance with state filings and underwriting guidelines.
  • Provided guidance to underwriter associates in the preparation and screening of new and renewal business in excess of individual authority levels.
  • Populated new business and renewal business tracking system results into internal systems which were monitored frequently by upper management.
  • Reviewed and evaluated new and renewal business based upon underwriting guidelines, competition and geographic focus and make recommendations.
  • Reviewed new and renewal business for acceptability by evaluating exposures, pricing, financial stability and coverage selection.
  • Worked collaboratively with sales, internal service partners in preparation of new and renewal business.
  • Manage relationships with existing clients while developing a book of renewal business and agency relationships.
  • Gathered requisite information from agents and brokers for consideration of new and renewal business.
  • Worked directly with account management regarding renewal business pricing and plan change impact.
  • Determined risk acceptability for new/renewal business in affluent areas of Southern California.
  • Performed risk evaluations and proper rate classifications for new and renewal business.
  • Selected/rejected new and renewal business to ensure profitability and acceptable loss ratio.
  • Review and quote renewal business in assigned territory.
  • Measured exposure and analyzed new and renewal business.
  • Processed new business and renewal business.
  • Headed up Underwriting, Marketing, and Sales of all new and renewal business for this small Stop Loss MGU.
  • Supported the Direct Sales force, through Risk selection, pricing and marketing, both new and renewal business.
  • Reviewed all new and renewal business for group of 40+ agents * Taught training classes for agents and other underwriters
  • Review and evaluate renewal business and recommend appropriate actions to attain premium rate and loss ratio objectives.
  • Maintain $5M book of renewal business including day to day service work and pricing.

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30. HUD

low Demand
Here's how HUD is used in Senior Underwriter jobs:
  • Evaluated credit and financial documentation while making automated and manual loan decisions pertaining to HUD established guidelines and procedures.
  • Reviewed prepared HUD settlement statement for accuracy and compliance to company policy.
  • Adhered to program-specific HUD criteria, regulatory compliance, and underwriting guidelines.
  • Ensured HUD regulatory and investor guideline compliance.
  • Worked daily with FHA/VA/HUD/HAFA/Government Underwriting Guidelines.
  • Underwrite FHA and conventional (conforming and non-conforming) loans to investor's guidelines and ensure HUD guidelines are met.
  • Review mortgage applications to verify borrowers meet all credit criteria and are within lender, agency or HUD guidelines.
  • Underwrite both conventional and government loans from various brokers utilizing guidelines established by Fannie Mae and HUD.
  • Completed Desk Audits, Unofficial GAAP Audits, and Post Loan File Audits using the final HUD.
  • Conducted loan quality reviews to conform to HUD, Fannie Mae, Freddie Mac and investor guidelines.
  • Evaluate appraisals, preliminary reports and HUD's to determine if the property meets investor requirements.
  • Prepare all closing documents for program guidelines, prepare and approve final HUD settlement statements.
  • Reviewed 1003, Credit, reports, HUD-1, Title, and appraisals per guidelines.
  • Evaluate entire credit package and collateral for residential mortgage loans and ensure meet HUD requirements.
  • Worked closely with closing and insurance departments to clear suspense and HUD insuring issues.
  • Review of FHA Test Case loan files and submission to HUD for prior approval.
  • Opened Escrow, ordered Title Reports, Payoff Demand Statements and Estimated HUD forms.
  • Underwrite Wholesale FHA mortgage loans nationwide to HUD, Investor & all internal guidelines.
  • Assisted in the development of HUD-1 and escrow impound training for the Dallas site.
  • Review HUD 1 to determine that fees were accurate and within guideline.

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31. QC

low Demand
Here's how QC is used in Senior Underwriter jobs:
  • Worked closely with QC reviewing underwriting violations.
  • Communicate QC Audit results to correspondent lenders and request repurchase of loans when audit exceptions cannot be cleared.
  • Interpret investor guidelines and utilize your system expertise to maintain a QC passing rate of 90% or higher.
  • Respond to both internal and external QC audit findings in a timely and proficient manner when applicable.
  • Conduct forensic, retrospective QC and/or QA loan reviews on performing and/or non-performing loans submitted by clients.
  • Organized and facilitated QC calibration discussions along with purpose driven loan reviews between both QC teams.
  • Required to perform QC audits on loans that have been put on our internal watch list.
  • Second level QA/ underwriting review of QC audits for Bank of America Production Quality Control Department.
  • Review included credit and property underwrites; compliance and QC underwrite.
  • Submit findings to QC Fraud Management Department for further investigation.
  • Performed QC review of files prior to clear to close.
  • Meet and exceed production with quality of QC requirements.
  • Review all loans for QC and Investor Requirements.
  • Prepared monthly QC audit reports of closed loans.
  • Zero underwriting deficiencies on all QC audits.
  • Provide effective oversight of SFQC.
  • Responded to QC audit findings.
  • Provide SAR data to EQC-SIU.
  • Uncovered over $95 million in fraudulent loans Underwrote for retail, wholesale, and promoted to firm's QC audit department
  • Full time employee assigned to fast paced retail underwriting department 12/1/2009 as a result of budget cuts in QCQ department.

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32. Du/LP

low Demand
Here's how Du/LP is used in Senior Underwriter jobs:
  • Analyzed and interpreted DU/LP findings on Conventional loans submitted by Broker clientele
  • Underwrite with full authority (manual and DU/LP) with full knowledge of Desktop Underwriter and Loan Prospector guidelines.
  • Experienced in the administration of Asset Wise, IDASL, DU/LP and independent investors automated underwriting systems.
  • Full knowledge of DU/LP and all other lender AU systems as well as FHA Connection.
  • Used DU/LP and internal operating system to assist in underwriting as well as manual underwriting.
  • Run DU/LP and Data Verify on all loans and address any discrepancies.
  • Underwrite Conforming and Non-Conforming loans, utilizing DU/LP, automated underwriting systems.
  • Serve as a project leader on special assignments in Zippy DU/LP applications.
  • Experience with DU/LP and FHA Score Card automated underwriting systems.
  • Provided updated DU/LP training with weekly and monthly Updates.
  • Run, review and interpret DU/LP as applicable.
  • Automated underwriting experience in the following: DU/LP/CLUES.
  • Worked with DU/LP, Clout, as well as in house guidelines.
  • Skilled in DU/LP/, point, encompass.
  • Experience with DU/LP and FHA loans.
  • Submit loans to DU/LP for conventional loans and review finding and condition accordingly Train processor and loan officers for loan structure.
  • Underwrite Conforming, Non-Conforming, DU Refi plus and Harp loans utilizing DU/LP automated underwriting systems and LIS underwriting software.
  • Insure that all loan file are reconciled with any applicable automated underwriting findings (DU/LP) as well as Manual.
  • Team members average file completion was 6-8 loans per day utilizing Wells Fargo LIS Approval Software system, DU/LP.
  • Automated and Manual expertise with use of DU/LP, FHA Connect, Allregs, Mortgage Letters.

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33. Special Projects

low Demand
Here's how Special Projects is used in Senior Underwriter jobs:
  • Responded to Department of Insurance complaints, facilitated underwriting training to Customer Service supervisors, special projects assigned and customer service.
  • Worked on numerous special projects to help implement automated underwriting system.
  • Complete any special projects as deemed necessary by upper management.
  • Conducted underwriter training and development and facilitated special projects.
  • Participate in special projects relating to business streamlining.
  • Coordinate special projects as assigned by management.
  • Participated in special projects for pricing-tool enhancement.
  • Assisted the loss mitigation management with special projects
  • Interpreted electrocardiograms and facilitated special projects.
  • Assisted in special projects including but not limited to review of daily reports on complex high-risk Conforming, & Non-Conforming loans.
  • Selected to participate in special projects involving manual underwrites, created training material and trained new staff for the project.
  • Provide back-up support and assistance on special projects as necessary to ensure efficient operations and a timely work flow process.
  • Assist management in the development and maintenance of various lending reports, new lending programs and special projects.
  • Enter all underwriting loan data using mortgage services software system, and complete special projects as necessary.
  • Trained and assisted junior underwriters and completed special projects and tasks as assigned by manager.
  • Work on special projects such as training new associates and review work for new employees.
  • Performed additional duties and participated in monthly and special projects and goals as required.
  • Train new employees and mentor current employees on policies, procedures and special projects.
  • Completed special projects and trained new underwriters through planned coaching and mentoring sessions.
  • Complete daily and assigned special projects with accuracy and meet management deadlines.

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34. Title Companies

low Demand
Here's how Title Companies is used in Senior Underwriter jobs:
  • Investigated and performed independent research when necessary and communicated with loan processing staff, sales force, escrows and title companies.
  • Collaborated with Foreclosure Attorneys and title companies to provide settlement opportunities for more than 50 applications on a monthly basis.
  • Partnered with loan officers, investors, attorneys, title companies, and appraisers to facilitate the loan process.
  • Communicate with Brokers, Escrow, Title companies and others to obtain information to facilitate funding of loans.
  • Worked closely with 3rd party vendors such as Escrow and Title companies, appraisers, etc.
  • Worked with title companies and brokers to clear Title liens and satisfactions of funding conditions.
  • Communicated with Title companies and MI companies to gather data to complete the compliance testing.
  • Worked with real estate attorney, title companies and owners to clear clouds on title.
  • Oversee the negotiation of legal agreements with developers, borrowers, title companies and attorneys.
  • Acted as liaison between title companies, processors, accountants and loan officers.
  • Work closely with title companies and loan originators to secure all required documentation.
  • Interact closely with mortgage brokers, title companies, appraisers.
  • Coordinated closings with escrow and title companies.
  • Provided branch personnel and title companies with FHA and VA closing procedures to ensure compliance and insurability.

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35. Respa

low Demand
Here's how Respa is used in Senior Underwriter jobs:
  • Re-mediated findings relating to RESPA tolerance errors including possible re-disclosure and calculation of any necessary reimbursements.
  • Review large portfolios of loan files for potential purchase and/or compliance with Investor Guidelines, RESPA, and Quality Control.
  • Reviewed wholesale files for compliance with government regulations (RESPA, Section 32) and company policy.
  • Performed a full compliance quality review of the loan to ensure conformity to RESPA guidelines.
  • Ensured loans are compliant with all state and federal regulations including Regulation Z and RESPA.
  • Conducted compliance reviews to insure RESPA requirements were met with 100% certainty.
  • Reviewed loans for RESPA and HDMA compliance.
  • Review included compliance with FHA and RESPA guidelines
  • Train other underwriters on RESPA guidelines.
  • Identified compliance errors: RESPA, TILA, QM, ATR, REG B, REG Z, High Cost etc.
  • Review for credit, risk, compliance (RESPA), title, and appraisal.
  • Program consists of 15 classes including; pre-qualification, RESPA requirements, F.H.A., investment properties as well as others.
  • Well-versed in internal and external agency as well as Dodd Frank protocol and RESPA/TILA/TRID regulations.

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36. External Customers

low Demand
Here's how External Customers is used in Senior Underwriter jobs:
  • Document all communication between internal and external customers using an on-line customer contact tracking.
  • Researched legal and regulatory issues and communicated findings to both internal & external customers.
  • Prepare and present documents to support underwriting recommendations to internal and external customers.
  • Communicated with internal and external customers regarding information requests and credit decisions.
  • Communicate with processors, originators and other internal and external customers.
  • Develop and maintains positive business relationships with internal and external customers.
  • Clear and effective verbal and written communication with internal/external customers.
  • Communicated decisions and conditional approvals to internal and external customers.
  • Exceeded service level expectations for both internal and external customers.
  • Develop, maintain, produce and monitor the issuance of underwriting departmental reports for both internal management and external customers.
  • Communicated with internal and external customers on complex matters, new cases, prospects, underwriting philosophy and rating procedures.
  • Partner with internal and external customers and Sales teams to meet daily volume requirements with highly proficient accuracy.
  • Communicate the results of file reviews both verbally and in written format to internal and external customers.
  • Project a friendly and professional manner to provide proper service levels to all internal and external customers.
  • Work to maintain established turn times and service level agreements with both internal and external customers.
  • Utilize strong written and oral skills to effectively communicate with both internal and external customers.
  • Responded to questions on a timely basis for internal and external customers.
  • Worked with internal and external customers on complex pricing and competitive issues.
  • Conducted training classes for use of Desktop Underwriter to external customers.
  • Called out approvals and declines to internal and external customers.

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37. Program Guidelines

low Demand
Here's how Program Guidelines is used in Senior Underwriter jobs:
  • Reviewed conforming/non-conforming a conventional mortgage loan files for PMI compliance and/or review loans for compliance with numerous investor program guidelines/requirements.
  • Underwrite mortgage loans with a comprehensive knowledge of Conventional loan program guidelines utilizing automated underwriting engines.
  • Analyzed borrower documentation to determine borrower eligibility and compliance with HAMP and other modification program guidelines.
  • Trained new processors in organization, time management, pipeline management and program guidelines.
  • Determine risk level while underwriting to various specific program guidelines for approval and denials
  • Provided assistance to customers requesting product information and program guidelines.
  • Reviewed assets within program guidelines.
  • Analyze loans for modification or internal loss mitigation options while adhering to program guidelines, deadlines and reviewing for mortgage fraud.
  • Verify that specific program guidelines have been followed and that the file can be sold to Fannie Mae or Freddie Mac.
  • Rework files throughout transaction to insure their compliant and meet program guidelines for Investor or Credit Union Portfolio purchase.
  • Performed Underwriting for fraud, credit, income, collateral, employment, adherence to program guidelines and compliance.
  • Suggested alternative products for loan approval should the loan not meet the program guidelines in which it was submitted.
  • Assisted in the daily training of Account Managers/ Processors and Account Executives on mortgage lending requirements and program guidelines.
  • Ensured closed loan files met the required company loan program guidelines and complied with state and federal regulations.
  • Underwrite Conventional, FHA, USDA VA, and Portfolio Loan Requests to agency standards and program guidelines.
  • Coached and mentored team members and originators with structuring loans based on scenarios and program guidelines.
  • Restructure declined loans to fit within program guidelines to assist customers achieve their financial goals.
  • Monitored production and trained a team of ten underwriters while underwriting loans to program guidelines.
  • Analyzed credit, income, asset and collateral documentation for compliance of program guidelines.
  • Used logic, reasoning and specific program guidelines to approve and decline loans.

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38. Final Approval

low Demand
Here's how Final Approval is used in Senior Underwriter jobs:
  • Cleared all documentation received and requested from internal bank representatives prior to final approval or recommendation for remediation.
  • Perform final approvals and reviewing entire file through verification processes, including adherence to multiple investor guidelines.
  • Gathered and analyzed loan documentation for credit-worthiness with conditions and recommendations for final approval.
  • Provided final approvals upon issuing conditional loan approvals to include final pricing structure.
  • Reviewed all conditions submitted before final approval or submission to Mortgage Insurance Companies.
  • Handled all basic underwriting responsibilities from initial approval to final approval.
  • Reviewed and cleared underwriting conditions to issue final approvals.
  • Reviewed conditions received for Final Approval and re-submissions.
  • Approve pricing of workers compensation quotes by other underwriters with final approval authority up to $150,000 annual premium.
  • Performed quality control for new underwriter s loans prior to submissions for final approval to maintain efficient processing times.
  • Analyzed credit, income, assets, appraisal, and title prior to final approval.
  • Condition, clear and issue final approval with full signing authority of credit and appraisal
  • Correlate, review, and process new mail assigned to mortgage applications for final approval
  • Ensured conditions received were cleared prior providing a final approval on all loans.
  • Presented recommendations to Loan Committee, including C-level executives, for final approval.
  • Reviewed final conditions turned in for Underwriting Final Approval within 24 hours.
  • Reviewed income, collateral, and final conditions for final approval.
  • Signed off for final approval.

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39. LTV

low Demand
Here's how LTV is used in Senior Underwriter jobs:
  • Calculate debt to income ratios, LTV, CLTV and HCLTV as to meet all relative underwriting and lender guidelines.
  • Perform hi-level analysis on credit bureaus, used LTV tools to determine willingness and ability to repay.
  • Specialized in loans requiring mortgage insurance, this represented any mortgage with an LTV over 80%.
  • Reviewed all collateral documents, calculated closing cost, CLTV, and debt to income ratios.
  • Evaluate debt ratio, LTV, credit, property valuation, etc.
  • Underwrite First, Second and Third liens up to 125% CLTV.
  • Set LTV and CLTV limits.
  • Order MI loan over 80%LTV Loans assigned daily through on line basis, paperless files transmitted Retail division.
  • order MI on conventional loan with a ltv over 80%.
  • up to 100% LTV for Wells Fargo in Des Moines, IA and Earth City, MO.

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40. Alt-A

low Demand
Here's how Alt-A is used in Senior Underwriter jobs:
  • Performed manual & automated underwriting of Conventional, FHA, VA Interest only, Alt-A/Jumbo and USDA Bond investor guidelines.
  • Reviewed loans from underwriting to ensure compliance and acceptability to seller's guidelines for both A-Paper and Alt-A loans.
  • Work closely with loan officers and branch locations to develop products for customer clientele in approving A and Alt-A-Submissions.
  • Reviewed, submitted and processed conventional, FHA, ALT-A, Jumbo, and Sub-Prime loans to various lenders.
  • Full underwriting of FHA, Conforming, non- conforming and Alt-A products.
  • Mortgage Underwriter for wholesale customers on sub-prime and Alt-A loans.
  • Interpreted guidelines for Alt-A, Prime and Sub-Prime qualifications.
  • Underwrite sub prime/BC and ALT-A loans.
  • Underwrite ALT-A, Super Jumbo and Sub-prime Mortgages ($1MM to $10MM).
  • Performed frontline underwriting of sub-prime and ALT-A residential mortgage loans.
  • Experience underwriting A-paper, Alt-A and Prime/Subprime.
  • see full description below (closure) FHA, Conventional, Alt-A and Jumbo
  • Trained Underwriters on policies and procedures Manually underwrote subprime and Alt-A loans
  • retail & wholesale) Manually underwrite Conventional (conforming, non-conforming, Alt-A) and FHA mortgage loans.

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41. DTI

low Demand
Here's how DTI is used in Senior Underwriter jobs:
  • Authenticated employment verification and likelihood of Stated Income used in calculating DTI.
  • Work From Home - Calculate DTI to determine borrower eligibility, analyze tax returns and notifying loan personnel of incomplete files.
  • Administrated loan approval processes, calculated LTV, DTI, etc., appraisals, credit reports, Tax returns.
  • Review all new submissions from loan agents to confirm LTV, DTI correct, and will meet lender guidelines.
  • Set modification trials, permanent modifications and or recommended short sale options based on DTI and investor guidelines.
  • Review (audit) loan modification decisions for completeness and accuracy including income, credit, DTI.
  • Ensured loans met the debt-to-income (DTI) and combined loan to value (CLTV) requirements.
  • Calculate LTV/CLTV, ratios DTI, investment properties, self employed income, assets and appraisal requirements.
  • Recommend loan decisions for loan amounts of DTI's in excess of authorized limit to Underwriting Manager.
  • Validated credit, income, asset, DTI, and collateral/appraisal documents to insure loan quality.
  • Evaluate appraisals, credit worthiness by calculating income, determining DTI and analyzing credit report.
  • Review 1003 & credit report to determine total debt obligations and arrive at accurate DTI.
  • Calculate DTI ratios, ensure assets and VOE/ VOD, are accurate and documented.
  • Calculated income, DTI and asses credit history to determine and support credit worthiness.
  • Review financial statements, credit reports, calculating DTI ratios and Loan to Value.
  • Recalculated DTI, LTV, CLTV, HLTV to verify Client loan eligibility.
  • Calculate borrower's income and DTI based on income documents submitted.
  • Calculated LTV & DTI ratio and prepared borrowers' financial analysis.
  • Calculated DTI from all outstanding revolving and installment loans.
  • Performed manual front and back-end DTI calculations.

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42. Hmda

low Demand
Here's how Hmda is used in Senior Underwriter jobs:
  • Achieved position of Committee Reviewer of declined loans, for low/moderate income borrowers, insuring HMDA requirements are met by lender.
  • Ensured the compliance of RESPA, HMDA and the accuracy of the Good Faith Estimates and HUD-1 Statements.
  • Upload Data and Target Control Materials into respective applications for controls and testing of HMDA Data.
  • Manage Home Loans and Non-Home Loans HMDA reviews before all data gets uploaded on the LAR.
  • Conduct HMDA audits and data-scrub to verify the integrity of information entered into the processing system.
  • Adhered to underwriting policy, government guidelines, HMDA and Fair Lending practices.
  • Partnered with Compliance Manager to ensure accuracy in compliance reporting and HMDA LAR.
  • Worked closely with the Quality Control department in reporting accurate HMDA information.
  • Performed Internal Audits as required as well as necessary HMDA audits.
  • Insure all documentation meets HMDA requirements.
  • Assisted with branch HMDA reports.
  • Up to date with HMDA & RESPA requirements.
  • Conducted HMDA Audits and application data verifications.
  • Perform necessary processing functions including initial TRID disclosures, ordering title, preparing closing documents, funding loans and HMDA 5.
  • Sign off conditions, Delegated MI Ensure ECOA, HMDA and all other RESPA regulations are followed.
  • Prepare quarterly and year-end HMDA reporting (QSoft).
  • Make sure file is in compliance with HMDA.
  • Reviewed power of attorney documents and subordinations and HMDA information on reportable loans.

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43. Debt Ratios

low Demand
Here's how Debt Ratios is used in Senior Underwriter jobs:
  • Adhered to company policy and procedures that specifically related to debt ratios and loan-to-value.
  • Evaluate debt ratios, credit scores, property valuations, and various other guideline factors.
  • Calculated loan to value and debt ratios, while working in various queues.
  • Evaluated debt ratios, loan to value and credit scores and determined affordability.
  • Evaluate debt ratios and loan to value ratios.
  • Analyze complex financial information including calculation of income and debt ratios, verification of assets, collateral review and credit review.

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44. Financial Strength

low Demand
Here's how Financial Strength is used in Senior Underwriter jobs:
  • 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.
  • Evaluated the subject property and financial strength and credit worthiness of the borrowers to ensure appropriate loans were made.
  • Evaluated borrower's financial strength, credit worthiness along with property valuation for the purpose of approving loan requests.
  • Evaluated the subject property's appraisal, financial strength and credit-worthiness of W2 and 1099 borrowers.
  • Evaluated the subject property and financial strength and credit worthiness of the borrowers.
  • Underwrite contractor business for surety credit based on financial strength and experience.
  • Review personal and business tax returns to determine financial strength and capacity.

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45. SR

low Demand
Here's how SR is used in Senior Underwriter jobs:
  • Use web-based tools to identify and investigate mortgage fraud and misrepresentations to limit risk exposure and recommend corrective actions for mitigation.
  • Perform quality control review of loans referred due to suspected fraud/misrepresentation to determine overall investment quality and alignment with credit philosophy.
  • Review application packages for fraud utilizing specialized tool to identify potential misrepresentation and fraudulent data.
  • Maintained ongoing communications with management to develop a list of misrepresentation found through fraud investigations.
  • Identify lender, underwriter/originator red flags indicating potential misrepresentations due to error or fraud.
  • Review Data Verify reports and identify red flags for potential fraud and misrepresentation.
  • Identified misrepresentation, guideline violations, and recognized loan deficiencies and compensating factors.
  • Analyze bankruptcy reports via Pacer Hits to determine undisclosed mortgages or data misrepresentation.
  • Maintained the weekly exception log and completed reports for Regional Underwriting Administration/Sr Management.
  • Maximized seller quality performance and underwriting performance as a Lead Sr Underwriter.
  • Analyzed the FHA 203k Rehabilitation loans by consultants for any potential misrepresentation.
  • Reviewed and identified appraisal violations, occupancy misrepresentations, and unsupported values.
  • Applied investigation techniques to situations and transactions wherein misrepresentation was suspected.
  • Performed misrepresentation investigative searches and maintained accuracy and quality control standards.
  • Reviewed medical records to determine if misrepresentation of health history occurred.
  • Perform additional research to confirm no fraud or misrepresentation was involved.
  • Designated underwriter for performing QC review to identify fraud and misrepresentation.
  • Review file for misrepresentation or possible fraud utilizing various tools and resources
  • Identified excessive risk, potential fraud and misrepresentation ensuring loan quality.
  • Presented Sr. Management monthly market updates using excel and PowerPoint presentations.

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20 Most Common Skill for a Senior Underwriter

Loan Portfolio21.2%
Loan Applications9.8%
Underwriting Guidelines8.1%
Desktop Underwriter7.7%
Credit Reports6.9%
Ensure Compliance6.9%
Income Documentation6.5%
Va6.3%

Typical Skill-Sets Required For A Senior Underwriter

RankSkillPercentage of ResumesPercentage
1
1
Loan Portfolio
Loan Portfolio
18.4%
18.4%
2
2
Loan Applications
Loan Applications
8.6%
8.6%
3
3
Underwriting Guidelines
Underwriting Guidelines
7%
7%
4
4
Desktop Underwriter
Desktop Underwriter
6.7%
6.7%
5
5
Credit Reports
Credit Reports
6%
6%
6
6
Ensure Compliance
Ensure Compliance
6%
6%
7
7
Income Documentation
Income Documentation
5.6%
5.6%
8
8
Va
Va
5.5%
5.5%
9
9
Property Appraisals
Property Appraisals
2.8%
2.8%
10
10
Income Tax Returns
Income Tax Returns
2.4%
2.4%
11
11
Customer Service
Customer Service
2.3%
2.3%
12
12
Loss Ratio
Loss Ratio
2.3%
2.3%
13
13
Financial Statements
Financial Statements
2.1%
2.1%
14
14
Jumbo Loans
Jumbo Loans
2.1%
2.1%
15
15
Fannie MAE
Fannie MAE
1.9%
1.9%
16
16
Freddie Mac
Freddie Mac
1.7%
1.7%
17
17
Fnma
Fnma
1.6%
1.6%
18
18
Fhlmc
Fhlmc
1.6%
1.6%
19
19
Usda
Usda
1.2%
1.2%
20
20
Secondary Market
Secondary Market
1.2%
1.2%
21
21
AUS
AUS
1.1%
1.1%
22
22
Due Diligence
Due Diligence
1.1%
1.1%
23
23
New Accounts
New Accounts
0.9%
0.9%
24
24
Equity
Equity
0.8%
0.8%
25
25
Company Standards
Company Standards
0.7%
0.7%
26
26
Risk Analysis
Risk Analysis
0.7%
0.7%
27
27
Ensure Accuracy
Ensure Accuracy
0.6%
0.6%
28
28
Credit Risk
Credit Risk
0.6%
0.6%
29
29
Renewal Business
Renewal Business
0.6%
0.6%
30
30
HUD
HUD
0.5%
0.5%
31
31
QC
QC
0.5%
0.5%
32
32
Du/LP
Du/LP
0.5%
0.5%
33
33
Special Projects
Special Projects
0.4%
0.4%
34
34
Title Companies
Title Companies
0.4%
0.4%
35
35
Respa
Respa
0.4%
0.4%
36
36
External Customers
External Customers
0.4%
0.4%
37
37
Program Guidelines
Program Guidelines
0.4%
0.4%
38
38
Final Approval
Final Approval
0.4%
0.4%
39
39
LTV
LTV
0.3%
0.3%
40
40
Alt-A
Alt-A
0.3%
0.3%
41
41
DTI
DTI
0.3%
0.3%
42
42
Hmda
Hmda
0.3%
0.3%
43
43
Debt Ratios
Debt Ratios
0.3%
0.3%
44
44
Financial Strength
Financial Strength
0.3%
0.3%
45
45
SR
SR
0.1%
0.1%

3,692 Senior Underwriter Jobs

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