Top Underwriter Skills

Below we've compiled a list of the most important skills for an Underwriter. We ranked the top skills based on the percentage of Underwriter resumes they appeared on. For example, 17.5% of Underwriter resumes contained Loan Portfolio as a skill. Let's find out what skills an Underwriter actually needs in order to be successful in the workplace.

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

1. Loan Portfolio

high Demand
Here's how Loan Portfolio is used in Underwriter jobs:
  • Sample contracts included reviewing troubled loans for re-purchase, and evaluating loan portfolio financial performance for various national institutional clients.
  • Managed loan portfolios of bankruptcy/foreclosure loans according to investor, state, government agency and bankruptcy/foreclosure code guidelines.
  • Calculated weekly and monthly financial ratios pertaining to loan portfolio; identified deviations and monitored financial performance.
  • Evaluated loan portfolios for mortgage insurance qualification for National Mortgage Insurance Company.
  • Managed delinquency of loan portfolio.
  • Performed forensic audits of closed loans of offered loan portfolios to determine loan quality, compliance and likelihood of future performance.
  • Maintained the loan portfolio; developed strategies for growing a quality book of business, retained clients and improved profits.
  • Maintained a loan portfolio with purchases of 2 billion dollars a month for 4 months at our peak in 2006.
  • Reviewed financial data to ensure credit quality and appropriate risk grading of the commercial and small business loan portfolio.
  • Identified area of potential operational risk relating to the servicing of the mortgage jumbo loan portfolio for the investor/owner.
  • Recruited and relocated cross-country to help grow the SBA loan portfolio for a top 10 regional SBA lender.
  • Managed a loan portfolio of up to 100 active loan applications with secured lending authority of $400k.
  • Managed acquisitions process for the company's sub-prime, non-conforming, FHA, and VA loan portfolios.
  • Reviewed and assessed all aspects of bulk 1st, 2nd B and C grade mortgage loan portfolios.
  • Determined the proper risk rating for all facilities within the assigned loan portfolio and completed required documentation.
  • Underwrite new loans to and service an existing loan portfolio of high-net worth individuals and related entities.
  • Reviewed closed loan portfolios for compliance and purchase by investor including prime, sub-prime and Scratch/Dent portfolios.
  • Managed .50% charge off and 2.00% delinquency ratio on total loan portfolio.
  • Assigned ratings to loan portfolio by credit worthiness of borrowers for resale and investments.
  • Handled a loan portfolio of 100/loans per month in a face-paced regional processing center.

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2. Underwriting Guidelines

high Demand
Here's how Underwriting Guidelines is used in Underwriter jobs:
  • Maintained knowledge of all applicable underwriting guidelines by completing all underwriter training programs, learning any business unit policy and/or guidelines.
  • Analyzed and evaluated renewals by developing competitive and profitable rates using company's underwriting guidelines, authority limits and renewal strategies.
  • Performed accurate review of real estate loans using specific guidelines to determine whether loan was underwritten in accordance with underwriting guidelines.
  • Performed thorough analysis of mortgage loans in accordance with underwriting guidelines to ensure compliance with company, investor and regulatory requirements.
  • Reviewed policies to verify acceptability based upon company underwriting guidelines and granted underwriting authority, and identified and executed cross-selling opportunities.
  • Provided assistance in areas of understanding and clarifying underwriting guidelines, regulatory compliance and product knowledge on a daily basis.
  • Performed manual underwriting to meet specific investor underwriting guidelines; ensured investor programs and products met all underwriting criteria.
  • Project Manager for developing medical underwriting guidelines for innovative new products, working closely with other department project managers.
  • Communicated with residential lending sales and operations staff regarding loan decisions, deficiencies, scenarios, and underwriting guidelines.
  • Underwrite incoming insurance applications by reviewing, analyzing, and pricing risks according to Eastern Alliance underwriting guidelines.
  • Assisted training department with training newly hired underwriters and customer service representatives with company policies and underwriting guidelines.
  • Reviewed enrollment forms for completeness, accuracy, and compliance to underwriting guidelines and government regulations for eligibility.
  • Process settlement transfers from contract execution through funding in accordance with applicable state statues and internal underwriting guidelines.
  • Reviewed loan history to ensure loan was originated within acceptable investors and Bank of America underwriting guidelines.
  • Applied internal underwriting guidelines, investor guidelines and federal regulations to decision process to ensure loan quality.
  • Applied underwriting guidelines to individual insurance applications to determine eligibility for coverage and assign proper premium rating.
  • Reviewed photos of insured properties to ensure they met underwriting guidelines and recommended actions to minimize risk
  • Assessed and analyzed insurance application to determine if risks can be accepted per company underwriting guidelines.
  • Determine product credibility and make appropriate business decisions in support of underwriting guidelines for profitable business.
  • Lead underwriter in charge of reviewing and verifying underwriting guidelines compliant with state and federal regulations.

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3. Loan Applications

high Demand
Here's how Loan Applications is used in Underwriter jobs:
  • Evaluate mortgage and other loan applications to determine acceptability and compliance with applicable state and federal regulations, investor guidelines.
  • Analyzed and evaluated residential loan applications originated by U.S. Bank branch offices in accordance with industry and business unit standards.
  • Review mortgage credit loan applications submitted by borrowers applying for refinance or purchase transaction on primary or non-owner occupied properties.
  • Proposed options on loan applications to external vendors/business managers in order to maximize funding volumes while maintaining credit quality.
  • Make recommendations on mortgage loan applications to senior management which exceed loan authority or are outside normal guidelines.
  • Evaluated residential loan applications and supporting documentation of income, assets, and credit to determine program eligibility.
  • Follow guidelines, receive and review loan applications and associated documentation to ensure accuracy and credit worthiness.
  • Reviewed loan applications to ensure that production associates were within compliance guide-lines and adhering to product parameters.
  • Handled high volume underwriting of mortgage loan applications utilizing Desktop Underwriter and Loan Prospector mortgage software.
  • Reviewed home equity and purpose finance loan applications for approval per government regulation and bank policy.
  • Reviewed portfolio loan applications to ensure the borrower and property adhered to company and investor guidelines.
  • Reviewed and analyzed Federal Housing Authority loan applications and mortgage credit information for all entities.
  • Underwrite Conventional wholesale loan applications and property appraisals in accordance with agency and investor guidelines.
  • Underwrite mortgage loan applications for acceptability and adherence to specific investor criteria and requirements.
  • Analyze information provided on loan applications and supporting documentation to determine credit worthiness.
  • Assisted sales in structuring loan applications, management in implementation of company procedures.
  • Verified and examined loan applications to determine borrower's ability to repay loan.
  • Performed daily review of loan applications from dealerships of secondary auto loan customers.
  • Evaluated loan applications to confirm that applicants met various program and lender qualifications.
  • Trained and managed two employees and achieved significant improvement of processing loan applications.

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4. Credit Reports

high Demand
Here's how Credit Reports is used in Underwriter jobs:
  • Review mortgage loan submission, income and asset documentation, credit reports and other documentation and verify accuracy of documents submitted.
  • Examine credit reports, originating documents, collateral documents and all other supporting documents to verify qualification criteria was meet.
  • Developed expertise in all areas of underwriting surety bonds, including financial statement review and analyzing credit reports.
  • Work Site: Washington Mutual Performed initial credit analysis Analyzed credit reports for derogatory entries and FICO determination.
  • Examined and calculated income, asset documentation and identified debt with credit reports in order to determine affordability.
  • Analyzed credit reports, reviewed property appraisals, income documentation assessed overall credit risk on closed loans.
  • Reviewed and analyzed consumer credit reports and other pertinent information to determine credit risk of potential customers.
  • Promoted to review loan applications and analyze credit reports, income documents and residential appraisal reports.
  • Analyze credit reports and financial documentation to classify and qualify loans according to company guidelines.
  • Obtained and complied credit reports and other legal documentation for any errors or misrepresentation.
  • Review customer credit reports and applications to ensure proper credit decisions.
  • Review of credit reports and other alternative documents supporting credit worthiness.
  • Analyzed credit reports and verified credit score for eligibility.
  • Performed analysis of credit reports.
  • Reviewed credit reports and applications.
  • Analyze financial documentation including income, profit and loss statements, tax returns, bank statements, credit reports, etc.
  • Analyzed applications, debts, assets, credit reports, tax returns, appraisal/BPO reports, profit/loss statements and legal/bankruptcy documentation.
  • Reviewed various loan documentation, including credit reports, titles, purchase and sale agreements, appraisals, and income documents.
  • Preformed financial qualifications including, background checks, credit reports and credit histories as well as employment histories for potential clients.
  • Reviewed, examined credit reports, Google search to ensure soundness, business value and compliance with company and investor standards.

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5. Income Documentation

high Demand
Here's how Income Documentation is used in Underwriter jobs:
  • Review of all income documentation and requesting re-verification of employment and income if necessary based on file's underwriting guidelines.
  • Identify and report any fraudulent info on performed tax transcripts, verification of employments, income documentation and asset documentation.
  • Analyzed credit, collateral, and income documentation including tax returns to determine risk and appropriately decision loans.
  • Analyze income documentations, housing expenses and hardship affidavits to determine repayment ability base on investor's guidelines.
  • Reviewed all income documentation, asset and credit documentation as instructed by bank policy for an underwriting approval.
  • Determined loan eligibility by reviewing credit reports, personal and corporate income documentation, title commitments and appraisals.
  • Identified Borrower's ability to pay loan by analyzing credit history, income documentation and company guidelines.
  • Have extensive knowledge in underwriting all tax returns other income documentation all asset documentation prelims credit reports.
  • Reviewed credit, income documentation, appraisal and title documents necessary to decision completed file.
  • Analyzed income documentation including personal, partnership and corporate tax returns including 4506T Audit results.
  • Reviewed income documentation & perform income calculations to ensure ratios are acceptable per guideline requirements.
  • Cross trained loan processors in underwriting functions, which encompassed calculating and reviewing income documentation.
  • Reviewed employment documentation and re-calculate income documentation for completeness and accuracy per guideline requirements.
  • Reviewed income documentation and calculated ratios to ensure they were acceptable per guideline requirements.
  • Evaluated credit reports and income documentation to establish credit history and income stability.
  • Review income documentation including but not limited to personal and business tax returns.
  • Analyze asset and income documentation for inconsistencies relating to fraud or misrepresentation.
  • Reviewed credit reports and income documentation to determine borrower capacity to pay.
  • Reviewed all necessary income documentation necessary to accurately determine borrower's income.
  • Evaluate all income documentation including salaried and self-employed borrowers.

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6. Ensure Compliance

high Demand
Here's how Ensure Compliance is used in Underwriter jobs:
  • Verify all documents from client and confirm customer income calculations to ensure compliance and eligibility requirements are met per investor guidelines.
  • Reviewed/Evaluated seller guidelines for approval/decline prior to the bid/trading process in order to ensure compliance purchase of acceptable loans within secondary.
  • Reviewed automated underwriting findings, documentation and subsequent clearing of conditions to ensure compliance with company policies and government regulations.
  • Calculated and analyzed loan-to-value and debt-to-income ratios, reviewing mortgage files to ensure compliance of federal regulations.
  • Analyzed participant loan applications and accompanying documentation to ensure compliance with state and federal guidelines.
  • Performed thorough analysis of loan documentation to ensure compliance with company and investor guidelines.
  • Completed detailed analysis on prospective contracts to ensure compliance with state/federal laws and regulations.
  • Reviewed and analyzed appraisals and other valuation models to ensure compliance with lending guidelines.
  • Evaluated financial and collateral documentation to ensure compliance with applicable laws and regulations.
  • Satisfy loan conditions within granted credit signing authority to ensure compliance with investors.
  • Updated automated files to ensure compliance with investor and company underwriting guidelines.
  • Reviewed and evaluated real estate applications to ensure compliance to investor guidelines.
  • Reviewed property valuations to ensure compliance to agency standards and regulatory requirements.
  • Verify all loan information for accuracy and ensure compliance with Federal regulations.
  • Perform Condominium project reviews to ensure compliance with housing department regulations.
  • Monitor policies to ensure compliance with government regulations and company procedure.
  • Reviewed existing policy and procedures to ensure compliance with changing guidelines
  • Reviewed group characteristics to ensure compliance with corporate underwriting regulations.
  • Reviewed modification documents to ensure compliance with investor requirements.
  • Reviewed borrower documentation to ensure compliance with regulatory guidelines.

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7. FHA

high Demand
Here's how FHA is used in Underwriter jobs:
  • Cross trained on Rural Development and FHA Products though primary responsibilities have been focused on conventional underwriting.
  • Utilized automated and manual systems to underwrite FHA mortgage modifications.
  • Underwrite residential mortgage loans in accordance with Conventional/FHA/VA guidelines.
  • Underwrite reverse mortgages for wet and dry states to AAG/ FHA guidelines, under the supervision of the FHA underwriting manager.
  • Utilized policy and procedure guidelines for comprehensive understanding of all loan investor types including Fannie Mae, Freddie Mac and FHA.
  • Advised sales partners in loan structure and answer questions regarding policy and guidelines for Conventional; FHA and Bond loan programs.
  • Provide assistance to mortgagors in default while mitigating loss for the investors, such as FHA, VA, and USDA.
  • Research and apply investor rules and limitations to ensure compliance is attained for FHA, MBS and Bank and Private Loans.
  • Review all FHA guidelines and statutory loan limits in conjunction with the loan at hand to assure all guidelines are met.
  • Underwrite FHA, VA and conventional loans to ensure credit decisions meet FHA, FNMA, FHLMC and PMI credit guidelines.
  • Reviewed, examined and underwrote loans to ensure soundness, business value and compliance with RBC, FHA/VA and investor guidelines.
  • Job responsibilities included checking FHA, Whole Loans, for completion, accuracy, qualifications and compliance with underwriting guidelines.
  • Review all aspects of the file including income, credit and appraisal to ensure adherence of FHA and investor guidelines.
  • Created the forms used to review every FHA or Conventional appraisal and required for every file to be in compliance.
  • Analyzed through underwriting, mortgage loans to Fannie Mae, Freddie Mac, FHA/VA, Investor and Seller s guidelines.
  • Review and underwrite mortgage loan applications and credit for conditional/credit approval according to FHA, USDA and Conventional guidelines.
  • Analyze loans for compliance with investor, FNMA, FHLMC, FHA and all Federal and State regulatory requirements.
  • Finalized and satisfied all loan stipulations and submissions to confirm they met DU findings and were within FHA requirements.
  • Checked compliance to regulations for individual agencies, including FNMA, Freddie Mac, RFC, FHA and VA.
  • Work with compliance officers to ensure Federal, State and Local compliance of all FHA/VA mortgage and loan materials.

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8. Financial Statements

high Demand
Here's how Financial Statements is used in Underwriter jobs:
  • Conducted detailed review of financial statements, credit reports, and required modification documentation to ensure that investor criteria are upheld.
  • Performed analysis of business and personal financial statements and/or tax returns in addition to online credit scores and business intelligence.
  • Reviewed and analyzed borrowers credit histories, financial statements and other financial information to make quality decision for loan programs.
  • Analyzed applicants' credit histories, corporate/ personal financial statements, and property evaluations to determine feasibility of granting loans.
  • Interpret credit agency reports, financial statements, and liability documentation to support underwriting decision to establish creditworthiness of each borrower
  • Review requests for third party coverage, determine insurable interest by evaluating Confidential financial statements, buy-sell agreements etc.
  • Reviewed and researched financial statements, applicable ratios, and credit reports, examined and evaluated transitions for accuracy.
  • Reviewed personal financial statements, personal and business tax returns and cash flow statements to support underlying repayment capabilities.
  • Determined acceptability of surety submissions through analysis of financial statements, credit reports, bank letters and past history.
  • Reviewed financial statements and credit reports validating FICO, creditworthiness, debts while adhering to regulatory and compliance guidelines.
  • Reviewed financial statements of the organization and investigating errors, discrepancies, forged exaggerated information within the documents.
  • Reviewed income documents and financial statements of potential borrowers to assess their ability to repay debt service requested.
  • Collected various account information including financial statements, certificates, policies, and other documentation regarding the principal.
  • Review student loan applications and financial statements to determine credit worthiness: determine stability and ability to repay.
  • Mitigated risk through evaluation and analysis of financial statements, and research of pertinent industry and sector information.
  • Interpreted certified financial statements, income statements and credit rankings to determine financial stability of small businesses.
  • Analyze personal financial statements, credit reports and other relevant information to render an appropriate loan decision.
  • Conduct verification/authentication of submitted documents, employment, financial statements, mortgage payments, and credit worthiness.
  • Analyzed commercial loan applicant financial statements and prepare loan approval packages for presentation to Credit Risk Manager.
  • Review and spread financial statements and prepare comprehensive financial analysis based on the creditworthiness of the borrower.

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9. Customer Service

high Demand
Here's how Customer Service is used in Underwriter jobs:
  • Provided exceptional customer service to internal and external clients by effectively coordinating various stages of the loan process with all stakeholders.
  • Negotiated with Borrowers to provide quick resolution to their financial difficulties while maintaining a focus on customer service and professionalism.
  • Develop and maintain relationships with agents and customer service team to identify and target customers for acquisition and retention.
  • Maintain excellent customer service skills constantly attempting to enhance the customer service experience with all internal and external customers.
  • Performed customer service, participated in many office projects and duties, including mailing of informational and promotional paperwork.
  • Developed reputation as go-to expert for underwriting team regarding claims and underwriting procedures as well as customer service.
  • Provided mentoring for new underwriting personnel and received numerous awards or providing superior customer service on a loan.
  • Provided outstanding customer service to agency partners and policyholders by professionally handling questions regarding auto policies and billing.
  • Interacted with Customer Service Representative to provide detailed conditions and/or missing documentation to finalize the initial underwriting review.
  • Provide exceptional customer service to all customers and demonstrate effective communication skills to maintain positive relationships with Brokers.
  • Provided extensive customer service to policyholders and producers in workman's compensation awareness, policy and procedures.
  • Provided exceptional customer service directly to the insured to facilitate the timely and accurate processing of business.
  • Assisted customer service with questions from customer and banking personnel regarding loan documentation and final credit decisions.
  • Communicated frequently with customers and sales partners and monitored the quality of customer service and internal partnerships.
  • Promote and provide excellent customer service by effectively communicating and cooperating with all internal and external customers.
  • Monitored and responded to customer service requests for applications, certificates of insurance, and endorsements.
  • Provided exceptional customer service by expediting loan closings and accurately entering information to provide data integrity.
  • Maintained above average production and quality metrics with exemplary customer service to internal and external customers.
  • Developed collaborative working relationships with brokers, producers, and co-workers to facilitate excellent customer service.
  • Received positive feedback from loan officers and processors along with their management regarding customer service.

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10. Debt Ratios

high Demand
Here's how Debt Ratios is used in Underwriter jobs:
  • Analyze complex financial information including calculation of income and debt ratios, verification of assets, collateral and credit review.
  • Performed manual underwriting calculating debt ratios.
  • Evaluate debt ratios, loan to value ratios, credit reports, and calculate income for credit worthiness for restructuring purpose.
  • Qualified to structure loan packages, price loans products, calculate debt ratios, clear conditions and grant signing authority exceptions.
  • Check files for accuracy: income calculations, debt ratios and fraudulent activity; that were previously underwritten by underwriter.
  • Evaluated income and debt ratios, loan to value ratios and credit scores to ensure program parameters were met.
  • Perform credit analysis of borrowers mortgage loan application by calculating the income, debt ratios and credit worthiness.
  • Reviewed loan portfolio files debt-to-income debt ratios, loan-to-value, and down payment funds for accuracy and completeness.
  • Evaluated debt ratios, loan to value ratios, credit score, property valuation and other factors.
  • Performed detailed analysis of wage, assets and collateral, computing debt ratios and loan to value.
  • Evaluated income, debt ratios, and ability to pay; weigh strength or weakness of request.
  • Evaluated credit reports and calculated debt ratios to come to a finalized loan approval or denial decision.
  • Analyzed and calculated income and debt ratios in order to determine customer ability to re pay loans.
  • Evaluated debt ratios, loan-to-value ratios, credit scores, property valuations and various other factors.
  • Calculated income and debt ratios after reviewing W2's, personal tax returns, and 1099s.
  • Cleared Conditions; Calculated Debt Ratios; Verified Employment; Verified Assets; Verified Residence.
  • Calculated debt ratios and loan to value based on Financial documents provided by borrower.
  • Re-calculated both front and back-end debt ratios to ensure Fannie guidelines were met.
  • Recalculate debt ratios, review files for misrepresentation of occupancy and income.
  • Analyzed all contributing factors, including credit history and debt ratios.

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11. Income Tax Returns

high Demand
Here's how Income Tax Returns is used in Underwriter jobs:
  • Reviewed and analyze income tax returns including self employment, partnerships, and limited liability companies.
  • Assessed personal and business income tax returns and forms to calculate and verify borrower income.
  • Implemented loan decisions by reviewing credit bureau, income tax returns, and appraisals.
  • Based on analysis of income tax returns, determine if applicant is eligible.
  • Receive, review and approve income tax returns for tax loans.
  • Analyze Federal Income Tax Returns/IRS transcripts to determine cash flow.
  • Analyze income tax returns to establish qualifying income.
  • Analyze credit reports, income tax returns, cash-flow statements and other financial documentation for multi-family, mixed-use and commercial properties.

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12. Fannie MAE

high Demand
Here's how Fannie MAE is used in Underwriter jobs:
  • Conducted research and analysis on Fannie Mae collateral utilizing internal/external property valuation tools.
  • Performed forensic underwriting on defaulted loans using Fannie Mae guidelines and regulations.
  • Underwrite Fannie Mae restructuring modifications that are secured with residential properties.
  • Reviewed and validated Fannie Mae/Freddie Mac/Conventional loans.
  • Evaluate loan applications for approval or denial, assess risk and ensure compliance with Fannie Mae, FHA and company guidelines.
  • Front line underwriting to Fannie Mae, loans to validate accuracy of credit worthiness of the file using applicable agency guidelines.
  • Underwrite appraisal products with the objective to verify compliance to USPAP, Fannie Mae, Freddie Mac and client specific guidelines.
  • Conducted closed mortgage loan audits for eligibility according to Fannie Mae's Selling Guide and negotiated terms as defined by contract.
  • Underwrite correspondent lending and wholesale loans according to correspondent lending, wholesale lending, Fannie Mae, and Freddie Mac guidelines.
  • Credit /Risk Underwriter IV Underwriting of Jumbo, Fannie Mae, Freddie Mac loans, including full document and DE/DU loans.
  • Assessed risk level of mortgage applications and enforced compliance with Fannie Mae and Freddie Mac guidelines in coordination with SunTrust overlays.
  • Validated workout based on guidelines and policies established by Fannie Mae and Freddie Mac as well as investor overlay's guidelines.
  • Read and interpreted Fannie Mae investor guidelines and translated those guidelines into possible findings, for the repurchase of a loan.
  • Created a compliant Quality Control Company Policy for FHA, Fannie Mae, and Freddie Mac, VA and USDA requirements.
  • Ensured borrowers met all guidelines for the mortgage program, Fannie Mae, Freddie Mac, and the secondary investor.
  • Provide expert underwriting for conforming and non-conforming Conventional mortgage loans utilizing Fannie Mae, Freddie Mae Guidelines and Investor Overlays.
  • Reviewed closed loans for eligibility with respect to meet Fannie Mae's selling guide DU guide or negotiated contract terms.
  • Worked Fannie Mae Freddie Mac FHA HAMP/HARP USDA VA Non-GSE/GSE loans Review per waterfall decision approve or deny or suspend.
  • Reviewed complete appraisal and used Fannie Mae collateral underwriter as a job aid to ensure that the value is supported.
  • Underwrite loan files to determine compliance with company, investor and FHA, Fannie Mae, or Freddie Mac guidelines.

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13. Du/LP

high Demand
Here's how Du/LP is used in Underwriter jobs:
  • Underwrite Conforming, and Non-Conforming loans utilizing DU/LP automated underwriting systems.
  • Completed DU/LP Approvals with overlays for investor specific requirements.
  • Utilized DU/LP and Zippy automated underwriting systems
  • Broker liaison between inside/outside sales to provide DU findings to brokers Trainer to processing staff to teach them both DU/LP Jr.
  • Analyze Transmittal Summary (1008) and review conditions to request from borrower based upon the DU/LP Findings.
  • Authorized to underwrite in both DOS-based and automated underwriting systems (LIS, DU/LP, and CORE).
  • Underwrite Conventional mortgage loans for a variety of investors both using DU/LP automated underwriting systems and manually.
  • Utilized DU/LP to evaluate non-conforming loans for high profile and high net worth Morgan Stanley invested clients.
  • Experienced with Conventional FHA and VA loans and use of Automated Underwriting Systems, DU/LP and Clues
  • Utilize Automated Underwriting Systems (Zippy/DU/LP) or Manual (Non-Agency, VA-IRRRL and EasyClose).
  • Worked with DU/LP and Conventional, Sub Prime, and Government B/C paper and HELOC loans.
  • Performed underwriting FHA, VA, and conventional loans both manual and automated (DU/LP).
  • Utilized an automated scoring system DU/LP to determine the borrower's ability to repay the loan.
  • Experienced with DU/LP and the ability to completely underwrite at least 6 files per day.
  • Underwrite Loans using manual underwriting per investor guidelines as well as Automated Underwriting - DU/LP/Clout.
  • HARP (Home Affordable Refinance Program) cleared all conditions per DU/LP findings if needed.
  • Clear all conditions per DU/LP findings as well as lender and investor guidelines.
  • Reviewed DU/LP findings and internal overlays to ensure all program requirements are met.
  • Underwrite FHA, VA, and Conventional loan products directly from DU/LP.
  • Performed loan underwriting using research tools and Automated Underwriting Systems DU/LP.

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14. Freddie Mac

high Demand
Here's how Freddie Mac is used in Underwriter jobs:
  • Processed Loss Mitigation workout files according to Government/Conventional (FHA/VA/Freddie Mac/Fannie Mae/Private) guidelines.
  • Reviewed Freddie Mac random QC requests for accuracy and compliance, reducing error rates and ensuring successful audits before submitting files.
  • Maintain sound knowledge of all investor guidelines and procedures (Fannie Mae, Freddie Mac, Privatized/Secured and Asset).
  • Review, analyze and decision individual consumer requests within company and industry guidelines for Fannie Mae and Freddie Mac investors.
  • Experience/skilled with Fannie Mae and Freddie Mac audit requests and repurchase requests to include the research and rebuttal process.
  • Follow the Freddie Mac Investor guidelines to mitigate loss and ensure that proper methods of modification review are enforced.
  • Examined files identifying risk factors that could jeopardize loans not to qualify for Freddie Mac and Fannie Mae funding.
  • Utilized Fannie Mae & Freddie Mac guidelines as well as internal policies and procedures during entire QC process.
  • Used Fannie Mae and Freddie Mac guidelines and underwriting system LP, and DU to assist in underwriting.
  • Underwrite multiple portfolios at once including FHA, Freddie Mac, Fannie Mae, and Bank & Private.
  • Utilize Freddie Mac Loan Prospector for decision authority for approval of loans within investors' allowable limits.
  • Reviewed and examined Fannie Mae and Freddie Mac purchase and refinance mortgage loan documents to ensure compliance.
  • Underwrite residential loan within Fannie Mae and Freddie Mac guidelines, while assessing an individual's creditworthiness.
  • Review credit, income and collateral per Fannie Mae, Freddie Mac and various expanded investor guidelines.
  • Work with Fannie Mae, Freddie Mac, FHA and VA loans underwriting guidelines to complete modification application
  • Delegated level II underwriter with contract exception for conforming loan amounts as defined By Freddie Mac J-24.
  • Underwrite mortgage loans to Fannie Mae, Freddie Mac and other investor or the seller's guidelines.
  • Assigned to Wells Fargo to underwrite first mortgage loans being sold to Fannie Mae and Freddie Mac.
  • Plan, organize, and complete risk examinations of Fannie Mae, Freddie Mac, FHA loans.
  • Promoted to Freddie Mac Underwriter with Level C Delegation of Authority from Home Preservation Specialist I.

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15. Fhlmc

average Demand
Here's how Fhlmc is used in Underwriter jobs:
  • Conducted independent critical analysis of non-performing and foreclosed loans for FHLMC.
  • Run FHLMC Workout Prospector to determine eligibility.
  • Demonstrated proficiency with FNMA/FHLMC automated underwriting systems.
  • Delegated underwriting status with Secondary Market, FNMA, FHLMC, MI and Mass Housing, NH Housing, Rural Housing.
  • Underwrite conventional and nonconforming loans to ensure compliance with client guidelines as well as FNMA, FHLMC and MI underwriting guidelines.
  • Maintain knowledge of guidelines and procedures for all investors including FHA, FHLMC, FNMA, Risk/Private, and Conventional.
  • Obtained 4C lending signing authority for underwriting conventional loans (FNMA & FHLMC-DU) manual underwrite to non conforming loans.
  • Train credit union employee to underwrite according to FNMA/FHLMC guidelines, including extensive appraisal review, DU/LP, manual underwriting.
  • Review mortgage loans that were in foreclosure, scrutinizing all documentation for the specific purpose of fraud analysis for FHLMC.
  • Determined eligibility requirements per program guidelines & standards for both lender and FNMA, FHA, VA and FHLMC.
  • Underwrite mortgages to residential A paper loans manually, LP/DU, FNMA/FHLMC/FHA/VA, Investor or the Seller's guidelines.
  • Complete underwrite of lender files to ensure loan closed correctly with adherence to lenders own guidelines and FNMA/FHLMC requirements.
  • Provide contract underwriting services for lenders of conforming and non-conforming products according to FNMA/FHLMC, and investor's guidelines.
  • Analyze data for VA, FHA, FNMA, FHLMC and USDA loans in accordance with mortgage industry guidelines.
  • Possess a sold knowledge of FHLMC, FNMA, FHA, VA & USDA modification/loss mitigation procedures and guidelines.
  • Review approvals to confirm they meet FNMA/FHLMC, lender guidelines, and if not met write claims for repurchase.
  • Implemented GE / FNMA / FHLMC, investor guidelines in my loan decisions to assure acceptable levels of risk.
  • Completed gap analysis of FNMA/FHLMC quality control audit requirements and compared to statement of work for new project.
  • Underwrite delegated loans assigned with the Quality Control Program to ensure loans meet FNMA and FHLMC underwriting standards.
  • Performed income, credit and collateral analysis to render sound decision according to FNMA, FHLMC Conventional guidelines.

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16. Fnma

average Demand
Here's how Fnma is used in Underwriter jobs:
  • Determined misrepresentation of occupancy, misrepresentation of employment/income and if the loan was eligible for delivery to FNMA.
  • Analyzed credit applications through FNMA's automated Desktop Underwriter interface system.
  • Supervised staff of processors evaluating mortgage applications using FNMA/FHLMC guidelines.
  • Performed manual underwriting on conventional loans submitted under FNMA guidelines.
  • Re-underwrote/audited closed FNMA loans that have gone into foreclosure.
  • Wholesale underwriter utilizing knowledge of FNMA/FHLMC guidelines.
  • Ensured communications documentation met FNMA requirements.
  • Utilized FNMA Desktop Underwriter and FHLMC Loan Prospector for several states and became proficient in the use of automated underwriting systems.
  • Produced forms for underwriters to assist in underwriting business tax returns on the FNMA cash flow worksheet and wage earner incomes.
  • Completed manual underwrites for loans that did not fit into FNMA and FHLMC guidelines (jumbo loans and HARP loans).
  • Review loan agreements to ensure that they are complete and accurate according to FNMA, FHLMC, VA and WHEDA policies.
  • Experienced with and knowledge of property and credit underwriting requirements of FNMA, FHLMC, and private mortgage insurance companies.
  • Reviewed information on mortgage loan documents to determine if buyer, property and loan conditions met guidelines and FNMA standards.
  • Work from home on Dual Monitor computer for reviewing loans for GMAC conducting Due Diligence underwriting on conforming FNMA/FHLMC loans.
  • Maintain a sound knowledge of FNMA/FMAC guidelines, DU guidelines, and risk assessment tools used to decision mortgage loans.
  • Analyze delinquency, perform escrow analysis, analyze MOD scenarios, proposals and recommend appropriate loan workout for: Conventional/FNMA/FHA.
  • Reviewed, analyzed, approved and underwrote wholesale consumer home loans within company's portfolio products and FNMA industry guidelines.
  • Analyzed income; assets, credit report and collateral to recommend mortgage loan decision within FNMA and FHLMC guidelines.
  • Contract underwriter for GMAC mortgage underwriting various loan programs for correspondent lenders in accordance with FNMA and Freddie Mac guidelines
  • Reviewed closed loans from different clients to ensure they meet FNMA underwriting guidelines and no misrepresentation had taken place.

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17. Secondary Market

average Demand
Here's how Secondary Market is used in Underwriter jobs:
  • Approved or suspended applications; ensured policies were approved within company guidelines, regulatory underwriting standards and other secondary market requirements.
  • Review appraisal to validate collateral value, marketability and equity position as well as ensure the appraisal meets secondary market guidelines.
  • Reviewed, analyzed, and rendered decision on complex residential loans in compliance with company and secondary market investor guidelines.
  • Review loans and monitor standards and procedures for acceptability by Employer, Secondary Marketing Investors, Lending Agencies and Federal Regulators
  • Underwrite and process conventional and government loans according to secondary market and investor guidelines utilizing manual and various underwriting methods.
  • Review residential loan documentation for accuracy, completeness, and compliance with appropriate company and secondary market investor standards.
  • Underwrite large or more difficult residential loans ensuring compliance with appropriate company and secondary market investor standards and guidelines.
  • Examine residential credit documentation for accuracy and completeness to ensure compliance with appropriate company and secondary market investor standards.
  • Performed credit risk and collateral analysis to determine loan viability and eligibility for purchase on the secondary market.
  • Analyzed financial status of prospective borrowers, to formulate sound underwriting decisions following company and secondary market guidelines.
  • Remain current on Company underwriting guidelines/secondary market investor requirements, pricing policies and FNMA regulations and ensure compliance.
  • Maintained sound knowledge of secondary market activity and industry practices as they impact underwriting quality and origination activity.
  • Review conditions and rework existing files as necessary to ensure compliance with secondary marketing and regulatory guidelines.
  • Evaluated credit package and collateral for residential mortgage loans and ensured secondary market investors quality loan products.
  • Performed Quality Control on loans completed by other auditors for accuracy and compliance with secondary market investors.
  • Facilitated secondary market requirements, along with investor specific overlays to make sure files were fully compliant.
  • Examine loan components and appraisal for completeness, accuracy and integrity to acceptance to secondary market guidelines.
  • Evaluate closed loan credit packages to identify material underwriting deficiencies against internal and secondary market requirements.
  • Completed UAT performance testing, troubleshooting and maintenance of secondary market interest rate-lock software and procedures.
  • Underwrite conventional and non-conventional residential loans ensuring, compliance with appropriate and secondary market investor standards.

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18. Desktop Underwriter

average Demand
Here's how Desktop Underwriter is used in Underwriter jobs:
  • Utilized automated underwriter via Desktop Underwriter and Originator and Loan Prospector resulting in quicker and easier loan approval.
  • Perform underwriting of mortgage loans utilizing Destiny and Desktop Underwriter software.
  • Utilized both automated underwriting systems of Desktop Underwriter and Loan Prospector.
  • Experienced in automated underwriting, including Desktop Underwriter and Loan Prospector.
  • Utilize leading-edge computer applications including Desktop Underwriter and Loan Prospector.
  • Automated underwriting systems; Desktop Underwriter and Loan Prospector.
  • Reconciled Loan Prospector and Desktop Underwriter Feedback Certificates.
  • Automated Underwriting Systems -Desktop Underwriter.
  • Used Desktop Underwriter and Loan Prospector to approve conforming, non-conforming and FHA loans (maximum signing authority $750,000).
  • Work on systems such as; Laser Pro Mortgage (LPM), Desktop Underwriter (DU) and Citibank-works.
  • Reviewed Desktop Underwriter and Loan prospector findings and issued recommendations if buyer, property and loan conditions meet government standards.
  • Reviewed ratios on loans, credit reports, underwriting, 1008, 1003, Desktop Underwriter, and Loan Prospector.
  • Executed loan analysis using Desktop Underwriter and Loan Prospector systems to submit residential mortgage loans to various lenders and investors.
  • Evaluated the risk of residential mortgage loans on a timely basis making sound underwriting decisions and using Desktop Underwriter.
  • Utilized Desktop Underwriter, Loan Prospector and Zippy proprietary automated underwriting systems in support of loan file reviews.
  • Demonstrated proficiency in automated underwriting systems (DU) Desktop Underwriter & (LP) Loan Prospector.
  • Entered data into the appropriate systems Desktop Underwriter (DU) and Loan Prospector (LP).
  • Used Fannie Mae Desktop Underwriter (DU) resulting in the approval of more loans for company.
  • Analyzed and approved wholesale mortgage loans - primarily utilizing Desktop Underwriter (DU).
  • Submitted loans through Desktop Underwriter (DU) and Loan Prospector (LP).

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19. Due Diligence

average Demand
Here's how Due Diligence is used in Underwriter jobs:
  • Reviewed and accepted all due diligence and credit approval condition items which ensured any underlying credit issues were identified and mitigated.
  • Performed target audits in conjunction with Due Diligence and Capital Market divisions delivering verbal and written presentations to the investor community.
  • Job responsibilities includes performing due diligence on proposed commercial real estate investments and make recommendations to executive loan committee members.
  • Investigate and conduct due diligence in response to fraud alerts and potential fraudulent information as collected through application data analysis.
  • Job functions performed are Conforming Underwriting and Due Diligence, Loan subordination underwriter and quality assurance reviewer.
  • Manage repurchase transactions through forensic due diligence, underwriting and repurchase defense management examinations for clients.
  • Provided due diligence underwriting for investors on non-conforming closed mortgages to insure they met investor guidelines.
  • Evaluated due diligence on client relationships to ensure adherence to anti-money laundering policies and procedures.
  • Perform secondary loan level due diligence reviews of defaulted mortgages following initial review.
  • Performed analysis and related due diligence involved in underwriting residential and construction loans.
  • Directed underwriting teams for various institutional investors in due diligence and asset reviews.
  • Managed due diligence process to maintain compliance consistency with federal/state laws and regulations.
  • Performed due diligence audit of promissory notes and Truth-in-Lending statements for student loans
  • Performed due diligence by means of forensic underwriting to uncover potential misrepresentation
  • Performed third-party due diligence and underwriting for commercial real estate transactions.
  • Perform due diligence to identify transaction components which indicate potential fraud.
  • Supervised management oversight audits and projects for loans due diligence outsourcing.
  • Managed attorney document review and organization of due diligence materials.
  • Performed detailed due diligence to recommend purchase/decline status to management.
  • Performed due diligence underwriting as front-line underwriting pipeline became manageable.

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20. Jumbo

average Demand
Here's how Jumbo is used in Underwriter jobs:
  • Administered underwriting correspondent loans on both a delegated and non-delegated basis including Jumbo and Non-Conforming Loans.
  • Maintain complete knowledge of all Conventional product guidelines including Jumbo products that require manual underwriting.
  • Underwrite and approve with delegated authority Conventional mortgage loan products including Jumbo and Super Jumbo.
  • Review and decision loans submitted by wholesale brokers including Conforming and Non-Conforming Jumbo.
  • Examine evaluated and recommended approval of customer applications for Jumbo Loans.
  • Underwrite Wholesale and retail loans which included purchase refinances DUREFI plus and Jumbo loans utilizing LP and DU automated scoring systems.
  • Examined and recommended approval of customer applications for jumbo loans and prepared jumbo loan packages for review by major private investors.
  • Underwrite sub-prime, Alt-A, jumbo, conforming and non-conforming loans to Lender's guidelines, both automated and manually.
  • Evaluated all mortgage loans, including high-risk transactions involving jumbo loans, self employed borrowers, and high-risk profile applicants.
  • Reviewed complex, conventional/conforming, and JUMBO loan submissions for high net-worth clients ensuring they met company and investor guidelines.
  • Underwrite all conventional conforming loans and jumbo/non-conforming with review of possible exceptions to be submitted to our Exception Policy group.
  • Experience underwriting the following portfolio products: stated documentation, alter programs, deluxe/jumbo programs to include interest only loans.
  • Contracted on-site at Bank Operations center to underwrite conforming, Jumbo and MI loans and assure prudent and timely decisions.
  • Underwrite jumbo, stated, conforming, and non-conforming conventional loans utilizing manual, automated, and investor guidelines.
  • Evaluate and analyze residential mortgage loan packages (Jumbo, FHA, VA, Conventional, etc.)
  • Underwrite FHA, Jumbo, VA, Conventional, and HELOC closed loans for credit guidelines and/or compliance.
  • Reviewed USAD, VA, FHA, and conventional loans, up to and including super jumbo loans.
  • Performed underwrite on 1st and 2nd Conforming to Jumbo loans in retail and wholesale environments including full appraisals.
  • Underwrite all loan types including jumbo and conforming loan products to meet investor requirements for quality and compliance.
  • Review credit package for approval for government, and conventional purchase and refinance conforming and jumbo products.

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21. AUS

average Demand
Here's how AUS is used in Underwriter jobs:
  • Analyzed hardship related to the default and verified documentation regarding the adverse economic conditions or medical emergency was the cause.
  • Reviewed and resolved escalated issues to determine root cause and definition/implementation of mitigation plans on a go forward basis.
  • Review AUS and manual underwriting approvals to determine whether documents included in the file adequately satisfy the required conditions.
  • Identified, assessed and mitigated operational risk caused by inadequate/ failed internal processes, human error and system errors.
  • Performed all AUS and manual underwritten loan approvals to include FHA/VA/Conventional/Nonconforming/Jumbo/Adjustable/Interest only/Negative Amortization/ Option arm and Fixed.
  • Analyzed credit and financial information including but not limited to employment, credit bureaus and property appraisals.
  • Utilized automated underwriting systems (AUS) to generate preliminary loan approval for delegated loan packages.
  • Communicated with medical doctors, credit bureaus and other agencies to gather additional information as needed.
  • Reviewed, analyzed, approved and underwriting credit bureaus within company and industry guidelines.
  • Conducted reviews of delinquent loans to establish cause of delinquency and verify process integrity.
  • Validate data integrity of documents for proper establishment of documentation required by AUS.
  • Utilized investor AUS systems to determine borrower eligibility and determine risk thresholds.
  • Validate system information on AUS to ensure accuracy with documentation received.
  • Resolved underwriting related bureau criticisms received from independent rating bureaus.
  • Reviewed income documents and credit bureaus to determine credit worthiness.
  • Process all initial AUS systems to determine product eligibility.
  • Analyzed all bureaus to determine creditworthiness for prospected customers.
  • Audited foreclosures eliminating fraud as a cause.
  • Reported delinquent customers to credit bureaus.
  • Underwrite loan in accordance with Agency, State and Federal guidelines, compliance and restrictions to support recommendation of AUS findings.

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22. Company Standards

average Demand
Here's how Company Standards is used in Underwriter jobs:
  • Review relevant underwriting and claims reports and take appropriate underwriting actions to ensure company standards are upheld and to maintain profitability.
  • Develop new business through prospecting; approve or decline new applications or renewal submissions according to company standards and industry guidelines.
  • Reviewed Florida homeowners insurance policies for accuracy and compliance to underwriting guidelines and company standards.
  • Reviewed closing documents for information accuracy and compliance to company standards for underwriting.
  • Maintain Department Goals/ Quality Assurance/Compliance Levels as defined by Company standards.
  • Review existing book of business to maintain company standards and profitability.
  • Ensured all mortgage applications were underwritten to exact company standards.
  • Follow and understand internal guidelines ensuring compliance with company standards.
  • Processed documents in accordance with State/Federal laws and company standards.
  • Grant exceptions for potentially profitable business outside company standards.
  • Maintain productivity as required by company standards.
  • Exceed company standards for productivity and quality.
  • Maintained pipeline within company standards.
  • Review LTV, credit report applications, appraisal to ensure that each loan meets company standards for sale into secondary market.
  • Responded to customer inquiries and credit decisions; ensuring credit files were current, complete, and compliant with company standards.
  • Reviewed and evaluated information on mortgage loan documents to determine if the borrower, property and loan conditions met company standards.
  • Evaluated loan-to-value ratio, debt-to-income ratio, credit reports, applications, and other documents to comply with company standards.
  • Approved and denied mortgage loans following company standards; as well as evaluated loan acceptability and reviewed loans files.
  • Review, examine and underwrite loans to ensure soundness, business value and compliance to guidelines and company standards.
  • Analyzed credit/account information along with ensuring credit files are current, complete, and compliant with company standards.

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23. Usda

average Demand
Here's how Usda is used in Underwriter jobs:
  • Underwrite FHA, USDA and conventional purchase and refinances transactions in a paperless environment for a correspondent lender (Encompass).
  • Performed all tasks related to underwriting of Conventional, Government (FHA, VA, USDA) & CHFA bond loans.
  • Analyze FHA, USDA, Conventional, HARP, Jumbo, Non-Conforming and Private Investor files for ability to repay.
  • Provided credit decisions on FHA, VA, USDA and Conventional mortgages based on risk parameters, guidelines and over-lays.
  • Review and clearance of received loan conditions for conventional, high balance, FHA, and USDA loan files.
  • Underwrite all FHA / 203K / USDA and conventional loan files to meet Agency and Investor Guidelines with no repurchases
  • Complete thorough analysis of Conventional, USDA, FHA, and VA loans to meet Caliber and investor guidelines.
  • Analyze FHA, USDA, Conventional, DPA Programs and TX Bond files for ability to repay.
  • Underwrite VA, FHA, VHDA, USDA and Conventional mortgage loans to industry and investor guidelines.
  • Reviewed VA, FHA, USDA, HARP, and Conventional products and evaluated risk levels.
  • Review conventional, FHA, USDA and Jumbo loans for accuracy and compliance of all guidelines.
  • Received USDA training and was one of two underwriters to begin underwriting USDA Rural Development loans.
  • Underwrite FHA, conventional, & USDA loans to accuracy within company & investor guidelines.
  • Reviewed guidelines and underwrote incoming conventional, VA, FHA & USDA/RD real estate loans.
  • Top volume Underwriter specializing in government USDA Rural Housing programs and various local grant programs.
  • Analyze mortgage loans to verify guidelines are met on FHA, USDA and Agency loans.
  • Underwrite Credit and Property for FHA D.E., VA LAPP/Automatic, and Preliminary USDA Approval.
  • Underwrite loans: approve loans and conditions for FHA, Conventional, and USDA loans.
  • Possessed thorough knowledge of mortgage industry credit guidelines for VA, FHA, and USDA.
  • Second level reviews and Fraud Reports on Conventional, FHA, VA and USDA loans.

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24. Ensure Accuracy

average Demand
Here's how Ensure Accuracy is used in Underwriter jobs:
  • Assessed transactions to ensure accuracy and completeness of information; identified discrepancies and implemented proper resolutions to maintain integrity of documentation.
  • Review and analyze all areas of mortgage loan application to ensure accuracy, completeness and compliance with internal and regulatory guidelines.
  • Examined transactions to ensure accuracy and completeness; ensured that documents were consistent and upheld to company and industry guidelines.
  • Evaluated/examined transactions to ensure accuracy and completeness, ensuring that documents are consistent and uphold to company and industry guidelines.
  • Examined transactions to ensure accuracy and completeness, ensuring the documents are consistent and upholding company and industry standards.
  • Review and analyzes information on borrowers, examine over all credit and loan documentation to ensure accuracy and completeness.
  • Performed quality control reviews to ensure accuracy and quality of multiple valuation products completed on a single property.
  • Perform Quality Control Assurance reviews regarding team underwriters to ensure accuracy and quality of reporting to client.
  • Interacted with sales agents and processors to ensure accuracy and completion of required documents and information.
  • Examine overall loan documentation of large, unusual or complex transactions to ensure accuracy and completeness.
  • Reviewed loan documentation to ensure accuracy and completeness, obtaining necessary information to complete files.
  • Evaluated; examined lower level team members recommended decisions to ensure accuracy and completeness.
  • Evaluated and examined transactions to ensure accuracy and completeness preparing formal reports for review.
  • Coordinated with other departments to ensure accuracy and consistency of overall account reporting.
  • Evaluate overall loan documentation to ensure accuracy, complete documentation prior to approval.
  • Assisted management with quality control process to ensure accuracy of approvals and rejections.
  • Evaluated credit documentations to ensure accuracy, completeness, and upheld to guidelines.
  • Facilitated and utilized databases to ensure accuracy to adhere and support company guidelines.
  • Reviewed completed legal closing packages to ensure accuracy prior to investor review.
  • Reviewed and analyzed applications and compare to processing system to ensure accuracy.

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25. Insurance Policies

average Demand
Here's how Insurance Policies is used in Underwriter jobs:
  • Provided guidance and interpreted insurance material to brokers to help ensure their understanding of the company requirements regarding new insurance policies.
  • Reviewed application files for health and life insurance policies and determined eligibility coverage and exclusive policies for business and consumers.
  • Gathered data and reviewed applications / rated policies to ensure compliance with underwriter guidelines for commercial general liability insurance policies.
  • Maximized profitability by effectively evaluating risk within ~42,000 property & casualty insurance policies contracted by the State of Connecticut.
  • Created, facilitated and endorsed worker's compensation insurance policies for assigned Professional Employer Organization and traditional accounts.
  • Maintained day-to-day business activities consisting of new applicants, renewals, endorsements and cancellations of auto insurance policies.
  • Manage a team of underwriters to ensure new property and casualty insurance policies are underwritten correctly and efficiently.
  • Review flood/hazard insurance policies for accuracy, proper coverage and verification of mortgagee clauses for accuracy.
  • Underwrite commercial auto insurance policies Rate insurance applications based on vehicle, driver and other characteristics.
  • Developed a strong understanding of insurance policies and legal issues through utilization of company education resources.
  • Reviewed title commitments and homeowner's insurance policies for accuracy and requested updates/corrections when needed.
  • Represented organization at meetings with businesses and trade associations and promoted company's insurance policies/procedures.
  • Approved and requested proper documentations needed to complete files containing customer's insurance policies.
  • Managed the alteration in documentation for any mid-term changes of existing insurance policies.
  • Interacted with clients and underwriter on daily basis and provided assistance regarding insurance policies
  • Reviewed applications for life and disability insurance policies to determine eligibility for coverage.
  • Renewed existing professional liability insurance policies for non-profit and small private commercial organizations.
  • Gathered information, analyzed risk, and prepared quotes for renewing insurance policies
  • Calculated fees for walk-up customers while also selling competitively priced insurance policies.
  • Reviewed commercial liability / property insurance policies and applications for new coverage.

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26. Risk Analysis

average Demand
Here's how Risk Analysis is used in Underwriter jobs:
  • Provided/applied rationale and accurate underwriting activities for individual products, with primary focus on new business risk analysis and application processing.
  • Perform risk analysis and decision regarding deficiencies identified during audit process, identify components that indicate potential for misrepresentation or fraud.
  • Promoted to provide risk analysis for property and casualty insurance policies while efficiently managing an active pipeline of submissions.
  • Reassessed existing commercial and business lines automobile policies using sound re-underwriting and risk analysis practices mandated by state-specific laws.
  • Created and presented financial and operational risk analysis to senior management, providing insights that focused on recommended actions
  • Performed credit risk analysis, evaluated collateral, and made decisions regarding deficiencies identified during the review.
  • Facilitate solid loan decisions based upon risk analysis, review of appropriate guidelines and program eligibility.
  • Performed credit risk analysis on defaulted mortgage loans to generate loan reimbursement and repurchase letters.
  • Performed risk analysis and made credit decisions through evaluation of information relative to non-conforming guidelines.
  • Perform meticulous risk analysis to determine borrower's ability to repay and reduce potential for default
  • Minimized company losses by performing risk analysis, ratio analysis and loss control evaluations.
  • Performed a risk analysis and reported deficiencies; accurately recorded data into QC database.
  • Perform risk analysis to determine appropriate coverage and price products at competitive premium levels.
  • Perform Risk Analysis to identify key mitigating factors and assess operational and financial risk.
  • Performed financial modeling and risk analysis for a major special risk insurance company.
  • Evaluate credit decision for accuracy based upon established risk analysis per bank guidelines.
  • Analyze trending data and perform risk analysis to stabilize programs and determine profitability.
  • Developed customer profiles for marketing data warehouse projects; suggested risk analysis models.
  • Evaluated and conducted risk analysis on case files for maximum approval probability.
  • Reviewed credit for risk analysis within the parameters of corporate credit policy.

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27. Hamp

average Demand
Here's how Hamp is used in Underwriter jobs:
  • Reviewed and qualified existing borrowers-in-distress for loan modifications under internal and HAMP government relief programs.
  • Implemented appropriate guidelines regarding the qualification of borrowers for HAMP or Core Modifications.
  • Review financial and hardship documents submitted by processor for HAMP modification.
  • Analyzed customer documents for possible HAMP loan modification.
  • Reviewed mortgage loans for HAMP modification eligibility.
  • Analyze loans eligibility based upon lender program requirements, investor approval matrix, state and federal programs, such as HAMP.
  • Analyze personal credit and financial information for possible modification under the Federal Government's Making Home Affordable Program (HAMP).
  • Research, evaluate, and/or validate error documentation for HAMP modifications as reported by Treasury/MHAC 1st and 2nd Look reviews.
  • Validate the accuracy of HAMP & Standard modifications, Short payoff and Deed in Lieu documents prior to vendor shipping.
  • Underwrite loans based on FHA HAMP and Government Guidelines, as well as underwrite loans for all Non-HAMP Workout Options.
  • Well versed in the government insured HAMP program with asset owned, FHA insured, HELOC, and BAU loans.
  • Mirrored HAMP guidelines with those for internal modifications to maintain a standard of fair lending for internal mortgage assistance programs.
  • Contacted various courts throughout Hampton Roads and submitted required documents for clients on different legal matters for their cases.
  • Champion communication between processing, underwriting and closing departments to ensure loans are complete, accurate, and timely.
  • Traveled to independent insurance agencies around New Hampshire to perform and ensure quality when rolling large books of business.
  • Reviewed investor specific HAMP guidelines for eligibility, right party contact, adverse findings or cases of borrower harm.
  • Review and process loans in accordance with HAMP & NonHAMP modification guidelines for a variety of servicing agencies.
  • Involved in the development and implementation of the HAMP process for ASC, HCS and Bank & Private.
  • Process and analyze mortgages for the purpose of HAMP and Standard Modifications, Repayment Plans or Special Forbearance Plans
  • Followed specific Treasury guidelines for Home Affordable Modification Programs, Non-HAMP accounts and Home Mortgage Disclosure Act audits.

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28. Data Entry

average Demand
Here's how Data Entry is used in Underwriter jobs:
  • Supported management by assisting in daily duties and assigned tasks including data entry, organization wide projects, and departmental enhancements.
  • Reviewed pipeline and inventory reports for data entry error and forward to appropriate departments for correction.
  • Performed extensive data entry of client's information and ensured all information was accurately documented.
  • Followed condo guidelines to company procedures for data entry and limited review process.
  • Utilize various computer applications, prepared correspondence, heavy word-processing and data entry.
  • Maintained Underwriting databases and improved user input forms thereby reducing data entry errors.
  • Assisted with automobile application data entry and created entries for follow-up procedures.
  • Performed data entry and underwriting for non-standard personal auto policies.
  • Assisted with wording/placement of questions and manual data entry/upkeep.
  • Performed extensive data entry and inventory processing.
  • Perform data entry into automated underwriting system.
  • Performed all data entry related to underwriting.
  • Validated the data entry to the appropriate Loan Operating system and evaluated all applicable documentation as required by job function.
  • Credit, Income, Asset, and Collateral Analysis Data entry, typing, customer service, telephones, internet.
  • Maintain accurate notes and data entry information when communicating to the client and completing a report for delivery.
  • Meet time service goals for completion of transactions, with excellent data entry skills in word and outlook.
  • Become familiar with and learn client's loan operating system to ensure accurate data entry and loan submission.
  • Have a successful track record by exceeding goals, data entry, and providing high-quality customer service.
  • Assisted in the creation and implementation of a Data Entry Training Manual for future company employees.
  • Underwrite Files for Funding; Includes data entry, Scrubbing Banks, Underwriting and Funding stipulations.

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29. HUD

average Demand
Here's how HUD is used in Underwriter jobs:
  • Scheduled settlements, prepared closing documents and submitted preliminary HUD-1 for approval to management.
  • Received Direct Endorsement Underwriter Status Certification from HUD.
  • Reviewed HUD-I settlement statements for accuracy.
  • Reconciled HUD-1 Settlement Statement, assuring compliance with lender and government regulations, maintaining high-level quality, and reducing financial risk.
  • Utilized High Level authority to underwrite daily escalation production using Fannie Mae, Freddie Mac, HUD, and CitiBank guidelines.
  • Review of appraisals, HUD1, RESPA, GFE, all required documents in a closing and to needed for underwrite.
  • Review closing documents in relation to CPL, title and preliminary HUDS to be in compliance with state and federal regulations.
  • Reviewed and validated critical credit document to ensure accuracy such as assets, valuation, HUD- 1, income and employment.
  • Determine accuracy and completeness of underwritten loans for compliance with specified Investor, Agencies, HUD and Wells Fargo guidelines.
  • Reviewed HUD, TIL and Note to determine if interest rate, closing fees and seller concessions where in compliance.
  • Facilitated employees receiving full HUD designation by successfully completing the required HUD test case loans in alignment with FHA guidelines.
  • Ensured that, they were following HUD regulation with complete documentation to support an affordable solution for the client.
  • Provided QC reviews for various Compliance projects when review of GFE, TIL, HUD-1 and ROR is required.
  • Confirmed the final HUD 1 for the closed loans files assuring that all fees are correctly charged and disbursed.
  • Investigated potential property flipping schemes with review of title reports, hud-1 settlement statements, and quit claim deeds.
  • Verify that FDIC, Federal and HUD regulations were followed, and report to management when there were discrepancies
  • Review appraisals to ensure value is well supported and the property meets HUD/FHA as well as investor standards.
  • Reviewed the HUD 1 Settlement Statement, Validated the data integrity of the information submitted to the AUS.
  • Manage staff reviews of contractor profiles, construction agreements, HUD Consultant Specification Of Repairs and collateral documentation.
  • Determine borrower eligibility for loss mitigation workouts based upon proprietary, GSE, HUD, and MHA/HAMP criteria.

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30. Credit Risk

low Demand
Here's how Credit Risk is used in Underwriter jobs:
  • Partnered effectively with Relationship Managers in delivery and negotiation of credit decisions with clients; managed and optimized portfolio credit risks.
  • Investigated both personal and business tax returns and subsequently utilized well documented policies and procedures to evaluate customer credit risks.
  • Performed financial analysis, assessed non-financial areas within a credit relationship, evaluated credit risk and recommended appropriate loan structuring.
  • Communicate decisions that most effectively mitigate credit risks for NationStar Mortgage, including data integrity and validity of information submitted.
  • Assessed credit risk, prepared credit applications and managed relationships with corporate customers primarily from Spain and Latin America.
  • Analyzed and serviced secured and unsecured consumer loan products by utilizing judgmental credit skills to minimize credit risk.
  • Reduced company cost and mitigated credit risk by effectively paying keen attention to detail in negotiating packages.
  • Evaluated credit and financial documentation to assess credit risk outlined by agency/government and company established guidelines.
  • Prepared credit committee presentations, managed and mitigated credit risk exposure, and established commitment conditions.
  • Analyzed highly confidential information across consumer credit profile, mitigating risk based on USAA-assigned credit risks.
  • Work with credit risk to proactively identify and escalate emerging risks with recommendations.
  • Proposed counter offers by working with loan originators to identify credit risks exposure.
  • Collaborated with the credit risk department on developing policy changes and implementations.
  • Document credit risk and collateral information based on borrower loan requests.
  • Calculated credit risk, analyzed, asset and collateral documentation.
  • Evaluated credit risk and compensating factors for discretionary decision making
  • Analyze credit risks working within established guidelines.
  • Worked with loan origination team to draft and present letters of intent and equity approval memos to credit risk senior management.
  • Work in conjunction with other departments such as credit risk and legal to determine the appropriate resolution of the filed claim.
  • Conduct document analysis- reviewing documents to create loan stipulations as needed, in order to ensure the lowest possible credit risk.

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31. Renewal Business

low Demand
Here's how Renewal Business is used in Underwriter jobs:
  • Established and developed professional relationships with brokers and client service representatives across the country towards producing profitable new and renewal business.
  • Handled underwriting decisions on new and renewal business and referrals that fall outside the guidelines and within delegated authority levels.
  • Complete underwriting tasks as determined by the supervising underwriter, including new/renewal business screening, renewal and endorsement underwriting.
  • Produced and underwrote new and renewal business in commercial surety including building and maintaining productive relationships with assigned agents/brokers.
  • Reviewed new and renewal business requests in order to determine eligibility of coverage based on corporate guidelines and standards.
  • Determined the acceptability and profitability of new and renewal business according to company underwriting guidelines and objectives.
  • Underwrite new and renewal business for insurance company partners based on underwriting authority and contract guidelines.
  • Conduct agency audits; review new and renewal business in accordance to established underwriting guidelines.
  • Calculated premium rate proposals for New and Renewal Business using actuarial data and underwriting judgment.
  • Optimized home inspection efficiency for new and renewal business by collaborating with Corporate Underwriting.
  • Underwrite Miscellaneous Facility Professional Liability risks including selection/rejection of new and renewal business.
  • Improved tracking process for prospective and renewal business to promote accuracy and efficiency.
  • Analyzed new and renewal business submissions independently within designated underwriting authority levels.
  • Evaluated new and renewal business for potential underwriting concerns and premium maximization.
  • Adjusted new and renewal business pricing based on underwriting guidelines and methodology.
  • Evaluated and determined quality and acceptability of new and renewal business.
  • Verified that new and renewal business adheres to company underwriting guidelines.
  • Underwrite submission's of new and renewal business for residential/general contractors.
  • Managed a portfolio of renewal business, including underwriting and pricing.
  • Reviewed rating and underwriting of new business and renewal business.

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32. Respa

low Demand
Here's how Respa is used in Underwriter jobs:
  • Analyzed lender and RESPA guidelines and applied them to the loan's parameters to ensure the loan met established guidelines.
  • Communicate efficiently with mortgage brokers to ensure proper documentation and RESPA procedures are followed to confirm loans will fund.
  • Examined regulatory state requirements, consistency of loan rate and term RESPA, compliance, disclosures and closing documents.
  • Review Loans submitted for conditional and/or final approval and decision loans within SLA agreements set by RESPA guidelines.
  • Insured all State and Regulatory Compliance guidelines were continuously met including RESPA, ECOA and Truth in Lending.
  • Verified all information such as employment, RESPA/MDIA documents, assets, etc., for correctness and accuracy.
  • Verified disclosures and closing documents were compliant with RESPA, Reg Z, Reg B, and HOEPA.
  • Analyzed required documentation and accounting to meet 2010 RESPA guidelines to ensure the quality of each loan.
  • Review all loan documentation to make sure they are in compliance with RESPA and all other regulations.
  • Performed Final Audit/Quality Assurance Review of loan files to ensure they complied with established RESPA guidelines.
  • Perform detailed quality compliance procedures to ensure RESPA guidelines are followed on post disposition loans.
  • Reviewed credit report, 1003, Title, Appraisal, Income/Assets and all RESPA forms.
  • Determine loans meet current agency, investors, federal, and state and RESPA compliance.
  • Analyze tax returns, business income, and compliance to TILA and RESPA procedures.
  • Review residential promissory notes, title work, mortgages and RESPA and closing documents.
  • Ensured immediate loan closing while maintaining complete compliance with RESPA and all current policies.
  • Examined loan pools for their conformity to RESPA, Reg-Z, and TILA compliance.
  • Reviewed change of circumstances requests per RESPA guidelines and approved or denied them.
  • Reviewed all RESPA documentation to ensure compliance with all state and federal regulations.
  • Reviewed loan application for fees and RESPA guidelines and disclosed loan accordingly.

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33. DTI

low Demand
Here's how DTI is used in Underwriter jobs:
  • Review income documents, tax returns, assets, appraisals (LVT/ DTI), tiles to render a credit decision.
  • Performed complete financial review of assets, credit reports, income types and calculations of HTI, DTI AND LTV ratios.
  • Calculated qualifying ratios which includes, LTV, HTI and DTI using credit report, 1003, appraisal and income docs.
  • Reviewed Loan Application and Credit report, calculated DTI/LTV, income, assets and evaluated property appraisals and title reviews.
  • Reviewed appraisals, loan applications, assets and credit reports, calculated DTI ratios, loan to value, etc.
  • Implemented exceptions depending on FICO score, NOI, DTI, curb appeal, credit history or other compensating factors.
  • Reviewed and Understood Financial statements, credit reports, and other documentation to determine DTI, LTV and credit worthiness.
  • Review financial statements, credit reports, applicable ratios (DTI/LTV), property evaluation and various other factors.
  • Reviewed income and calculations of DTI and ratios, Title, Appraisal, purchase contracts and other related documents.
  • Calculated DTI Reviewed and identified any issues on the credit reports Reviewed the Deed of Trust and the Promissory note
  • Used the debts discovered on the borrower's credit report and income to calculate the borrower's DTI.
  • Review approved loans for pricing, locks, rates, confirm DTI, LTV rations are within guidelines.
  • Evaluated DTI, LTV ratios to determine if with in compliance of guidelines for client and year/month underwritten.
  • Evaluated loan risk in making sound credit decisions, calculating DTI and LTV ratios per secondary market guidelines.
  • Evaluated DTI ratios, income verification and various other factors to determine qualification of the government HAFA program.
  • Maximize profits and minimize loss or risk through the use of DTI, LTV, and credit evaluation.
  • Modify loan structure by paying off credit cards and investment loans to get LTV and DTI in line.
  • Calculate and verify DTI, income structure and review other real estate owned and appraisals to support value.
  • Calculate front and back end DTI, analyze credit reports, and assist clients with NPV calculations.
  • Recommended loan decisions for loan amounts or DTI's in excess of authorized limits to senior management.

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34. Special Projects

low Demand
Here's how Special Projects is used in Underwriter jobs:
  • Work on variance special projects, reviewing documents for misrepresentation of occupancy, income calculation and social security inaccuracy.
  • Participate in special projects creating recommendations to modify underwriting procedures to align with the current industry lending climate.
  • Coordinated and assisted with special projects as necessary including specific training to lower level Underwriters.
  • Assisted management and senior underwriters with presentations for department meetings and other special projects.
  • Assist with special projects and targeted business development activities as directed by management.
  • Provided general support to management and performed special projects as assigned.
  • Managed and coordinated special projects assigned by the District Underwriting Manager.
  • Performed special projects and analyses as requested by management.
  • Worked on several special projects including loss mitigation.
  • Participated in special projects as needed
  • Supported management with special projects.
  • Contract work - I am called in at various times for special projects that might last 2 days or 3 weeks.
  • Placed on several special projects including FHA REO loans within a tight specified time frame also served on pilot HARP underwriting team
  • Assisted management with special projects to facilitate smooth file flow while keeping up with ever-changing procedures as the project grows.
  • Work on special projects within the area, as well as other areas of the Dental & Consumer Benefits Division.
  • Peer review of quotes/renewals by team members, and special projects as directed by my supervisor and/or our Chief Actuary.
  • Participate in special projects and testing to ensure seamless implementation of new systems or updates across the underwriting department.
  • Exceeded production goals by 10%+ in addition to assisting team members and management with special projects.
  • Placed on the special projects team due to underwriting, multitasking and understanding of process of mortgage loans.
  • Selected to be involved in various special projects including audits, focus groups, and complex loan reviews.

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35. Title Companies

low Demand
Here's how Title Companies is used in Underwriter jobs:
  • Clear all conditions on loan commitments, calculate final closing cost and coordinate closing with title companies and all parties.
  • Obtained all necessary documentation from customers, appraisers, banks, and title companies in order to initiate underwriting process.
  • Conduct fact-finding phone interviews with borrowers, employers, title companies, appraisers, and others involved in mortgage process.
  • Coordinate with title companies, appraisers and Loan Officers to meet the customer's needs for a mortgage loan.
  • Respond to written and phone inquiries from borrowers, investor, clients, title companies, and MI companies.
  • Communicate with customers, title companies, appraisers, and other lenders/ stakeholders with the highest level of professionalism.
  • Conducted interviews with Employers, Borrowers, Banks, Title companies, Appraisers and Brokers of suspected mortgage fraud.
  • Authorized disbursements to title companies to ensure all conditions were met before funding and closing of the loan.
  • Worked closely with appraisers and title companies on a daily basis to ensure quick and efficient loan closings.
  • Worked through closing issues with title companies and brokers as well resolved error and omissions for investors.
  • Perform second reviews of appraisals based on recommended decline decisions from title companies and to provide alternatives.
  • Coordinate lawyers, consultants, title companies, vendors and obtain and review all third party reports.
  • Communicated with Brokers, Account Executives, Attorneys and Title Companies Covered other positions, when needed
  • Worked with Title Companies to ensure all documents have been completed for recording by the county.
  • Corresponded with customers, title companies, brokers, and attorneys for file analysis and processing.
  • Prepare title reports and property searches for title companies to issue title insurance for the property.
  • Communicated with loan officers, processors, title companies and borrowers via phone and email.
  • Reviewed and cured; title and conveyance issues that required communication with attorneys/ title companies.
  • Communicated with loan officers, buyers, sellers, title companies, builder and agents.
  • Worked with Title Companies and there claims dept and a lot of times their attorneys

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36. External Customers

low Demand
Here's how External Customers is used in Underwriter jobs:
  • Maintained a high level of production levels, quality and customer service by proactively communicating with internal and external customers.
  • Explained underwriting decisions or the status of outstanding underwriting requirements to internal and external customers via written correspondence and/or telephone.
  • Responded to unusual, technical, or complicated inquiries and/or problems from internal and external customers regarding assigned products.
  • Communicated effectively with Account Executives, Production Coordinators, Mortgage Brokers, and other internal and external customers.
  • Provide exceptional customer service in all written and verbal communications to both internal and external customers.
  • Communicate with processors, originators, and other internal and external customers regarding loans in pipeline.
  • Utilized strong written and oral skills to effectively communicate with both internal and external customers.
  • Experienced in working with external customers gathering additional information to make an accurate initial decision.
  • Participated on National Help Desk offering credit resolution/credit policy interpretation to internal and external customers.
  • Provided exemplary customer service to internal and external customers while driving performance and quality standards.
  • Develop and maintain effective business relationships with internal and external customers/co-workers to attract/retain profitable business.
  • Develop solutions that increase credibility with customers, sales /account managers and external customers.
  • Assist internal and external customers by making recommendations for resolutions for alternate approval options.
  • Handle complicated situations with a positive attitude when communicating with internal and external customers.
  • Use excellent organization and collaborative skills to assist and support internal and external customers.
  • Answered questions, communicating with internal and external customers, including applicants and policyholders.
  • Initiated communications that conveyed to brokers and external customers criteria assessment for loan decision
  • Communicate with external customers in order to facilitate smooth, understandable loan commitments.
  • Provided exemplary customer service to a host of internal and external customers.
  • Use innovative and creativity to effectively communicate with internal and external customers.

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37. QC

low Demand
Here's how QC is used in Underwriter jobs:
  • Perform internal QC reviews and communicate feedback effectively.
  • QC/Audited all Mortgage Documents and also Income Documents
  • Contract experience includes the following assignments: Wells Fargo Mtg - SQC auditor for FHA and Conventional loans, 3 years.
  • Created a detailed form template for all QC personnel to utilize in order to catch all pertinent and required loan data.
  • Order MI, pull/clear Loan Safe and Flood, submit and clear any deficiencies for QC prior to sending loan CTC.
  • Verify accuracy of review and input of credit, income, assets, and property docs into processing system for QC.
  • Prepare and deliver monthly/semi annual/annual QC results to leadership, along with tracking and providing feedback on team player goals.
  • Assess if outcome of QC decision changes eligibility, make corrections, recommendations and document findings to substantiate decision.
  • Completed reviews will be reviewed by Quality Control analysts and scored in line with the current QC Rating Matrix.
  • Hired as an Audit Underwriter 07/2013; Audit QC Underwriter I 01/2015; Audit QC Underwriter II 05/2014.
  • Performed QC & QA reports for GSE department and compiled spreadsheet of collected data required for final processing.
  • Performed all levels of Quality Control (QC) and underwriting analysis for reporting to legal department.
  • Reviewed file for accuracy for the QC department to ensure all Banks policy and procedures were followed.
  • Review each QC finding and respond to the appropriate source once thorough research and investigation is complete.
  • Performed audits on all fraud or misrepresentation identified in origination QC audits and EPD audits.
  • Review loans prior to closing to ensure all QC audit errors have been properly addressed.
  • Worked closely with processing & closing departments as well as QC & Audit teams.
  • Recognized for maintaining high QC review ratings and exceptional customer service levels.
  • Developed Quality Control (QC) procedures for portfolio with corporate representatives.
  • Worked with our 3rd party brokers on compliance, process and QC.

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38. Program Guidelines

low Demand
Here's how Program Guidelines is used in Underwriter jobs:
  • Exercised appropriate judgment in interpreting and making sound decisions based on eligibility criteria, manual underwriting guidelines and investor program guidelines.
  • Analyze if accounts qualify for modification programs and determine the modifications an account may qualify for based on published program guidelines.
  • Utilized my experience with manual underwriting techniques beyond reliance on automated underwriting systems and a firm understanding of loan program guidelines.
  • Demonstrated ability to comprehend program changes and new program guidelines and implemented changes immediately with minimal error rate.
  • Review credit report and address all negative/derogatory items with borrowers to assure that Credit meets program guidelines.
  • Process includes whole loan package: Credit Report/All Assets/Appraisal Review/Title Report/Fraud/Income Verification/Tax Returns/Program Guidelines and Restrictions.
  • Reviewed asset documentation and verified borrower had sufficient assets to meet the investor or program guidelines.
  • Communicate with processors and origination staff documents needed to adhere to loan program guidelines.
  • Participated in continuous training and education regarding changes and updates to program guidelines.
  • Evaluated broker submissions for accuracy and completeness assuring borrower met program guidelines.
  • Conditioned for additional documentation to help borrower s support lender program guidelines.
  • Assisted processors with program guidelines and offered suggestions for alternative documentation.
  • Conditioned additional stipulations as needed per program guidelines.
  • Underwrite modifications based upon corporate and program guidelines.
  • Evaluate account information, underwrite and price assigned book of business within authority and scope of a national transportation program guidelines.
  • Conditioned each loan as it related to the required program guidelines, streamlining and minimizing if possible to eliminate repetitive requests.
  • Reviewed loan files for completeness and accuracy and ensures original underwriting has been performed to meet the applicable loan program guidelines.
  • Compared file submitted to program guidelines ensuring loan to value, FICO, and debt to income complied with guidelines.
  • Review Desk Top Underwriter (DU)/Loan Prospector (L/P) findings and assure program guidelines have been met.
  • Follow DU/LP program guidelines, analyze income, assets, credit, collateral, within a 24 hour time frame.

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39. LTV

low Demand
Here's how LTV is used in Underwriter jobs:
  • Review applications, approve/decline based on credit decision/programs/LTV/policy guidelines within a 24 hour time frame.
  • Identified and resolved problems having to do with debt to income, LTV, loan structure, financial spreads, etc.
  • Calculated and verified CLTV and LTV to make sure that they match the system and meet both lender and underwriting requirements.
  • Reviewed mortgage applications for sub-prime borrowers, analyzed credit for correct credit grade, LTV and pricing to meet investor requirements.
  • Used credit review, BPO review and manual LTV calculations and manual income calculations to determine debt to income ratios.
  • Calculate and accurately determine front-end and back -end ratios (LTV, DBR, etc) for credit underwriting decisions.
  • Verified LTV/CLTV, identified portfolio risks resulting from client's underlying business practice, underwriting, and/or fraud exposure.
  • Approved loans based on credit patterns, risk, income and LTV, Examined and cleared conditions on Conventional loans
  • Verify LTV, debt ratio, insurance, title, appraisal and credit comply with policy and guidelines.
  • Complete MI underwrites on conventional loans over 80% LTV, both manual and with AUS findings.
  • Hired, trained, and inspired new underwriting associates for niche 125% LTV Loan Program.
  • Verify that LTV, debt- ratios, credit, income and assets are adequately documented.
  • Calculate the borrowers LTV, housing and debt to income ratios to establish credit stability.
  • Reconciled credit reports; validated assets and income; calculated ratios, PITI and LTV/CLTV.
  • Calculated income, determined LTV, Debt-to-income ratios derived from all types of income.
  • Review and analyze appraisals to verify value of collateral and calculate LTV/CLTV ratios.
  • Adhered to company and industry guidelines (debt-to-income ratios and LTV/CLTV ratios).
  • Calculate income; debt to income ratios; LTV/CLTV; & liabilities accurately.
  • Submitted loans in excess of 80% LTV to participating MI companies.
  • Reviewed and insured the LTV and ratios are with in lender guidelines.

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40. Final Approval

low Demand
Here's how Final Approval is used in Underwriter jobs:
  • Sustained communication with various professionals in coordinating final approval and loan closing options with customers, banking center and document preparation.
  • Verify initial and final approvals documents submitted by processor in order to provide a final approval or a conditional approval.
  • Submitted modification recommendations to QA and to Investor or Senior Management for final approval if required.
  • Performed quality reviews on loan modifications being submitted for final approval and auditing external quality assurance.
  • Completed final dispositions on credit applications and/or collaborate with higher level authority to determine final approval.
  • Worked closely with senior management to recommend and analyze high risk applications for final approval.
  • Analyze homeowners information and make the final approval/denial decisions on requests for a loan modification.
  • Determined if merchants were eligible to receive additional funding and executed final approval.
  • Communicated required conditions and assists where possible to expedite final approval of loans.
  • Contract Processor- Prepared and reviewed executed contracts for funding and final approval.
  • Provided all loan processing requirements and underwriting guidelines for final approvals.
  • Verify adherence to procedural standards prior to submission for final approval.
  • Initial underwrite file before submitting to underwriting for final approval.
  • Collected required conditioned documents from the Borrower/Broker for final approval.
  • Reviewed appraisals/loan documents including title for final approvals.
  • Validated product criteria and issued final approvals.
  • Completed document initial and final approval.
  • Reviewed conditions for final approval.
  • Approved stipulations for final approval.
  • Analyzed income, assets, credit, appraisal, title, sales contracts and homeowners insurance in preparation for final approval.

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41. Additional Information

low Demand
Here's how Additional Information is used in Underwriter jobs:
  • Request additional information and/or documentation as needed and assisted other Department personnel in interpreting underwriting changes and distributing information to Correspondents.
  • Prepared detailed correspondence for agents and insureds requesting additional information or to notify of changes to the policy following company guidelines.
  • Ensured compliance by reviewing, forwarding and communicating audits, collecting additional information and returning to the company as necessary.
  • Requested additional information as necessary and explained its needs, while maintaining integrity of source data and data accounting systems.
  • Requested additional information from appraisers for any area of report appearing inconsistent, incomplete, illogical, or non-compliant.
  • Contacted outside third parties including insurance agents, management companies, and homeowners associations obtaining additional information as required.
  • Coordinated with PMI companies, Mortgage Loan Processing and Originators to obtain additional information and documentation as required.
  • Requested and provided additional information as necessary and explained needs of plan sponsor to account executive and brokers.
  • Examine all applications for completeness, contact customer for clarification or additional information as needed on applications.
  • Requested additional information and/or documentation from mortgage brokers, closing/title/escrow agents, and property appraisers as needed.
  • Communicated with associates and customers in writing and verbally to gather additional information and/or explain decisions.
  • Request additional information as needed according to established procedures and recommends rejection of ineligible risks.
  • Correspond with customer to validate or obtain additional information needed to make credit decisions.
  • Collaborated with the Underwriting Technicians and physician offices to obtain additional information as needed.
  • Processed administrative tasks, such as typing renewal solicitations and requests for additional information.
  • Perform repurchase review of responses from lenders for validity of additional information and documentation.
  • Send out written correspondence to physicians to obtain additional information to review ALFA applications.
  • Communicated extensively with loan officers, appraisers, and processors to obtain additional information.
  • Performed follow-up activity within loan records as required including: requesting additional information.
  • Investigate discrepancies and request additional information when necessary to evaluate risk thoroughly.

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42. Compliance Reviews

low Demand
Here's how Compliance Reviews is used in Underwriter jobs:
  • Review of origination files to assure they adhere to investor requirements and preformed compliance reviews for confirmation of acceptable standards.
  • Performed compliance reviews based on established industry and bank guidelines.
  • Perform credit underwriting analysis and full regulatory compliance reviews.
  • Performed appraisal reviews and post-closing compliance reviews.
  • Perform compliance reviews of short sales, Deed in Lieu, and REO loans to ensure accuracy and completeness of transaction.
  • Implement fraud detection techniques and performing compliance reviews in closed loans through the use of computer programs and or paper files.
  • Perform other duties/work on different projects as assigned: Quality Control, Due Diligence, Repurchase Review and Regulatory Compliance Reviews.
  • Interact with investors to verify adherence to specific guidelines, Implement fraud detection techniques, performing compliance reviews, etc.
  • Perform compliance reviews based on lending guidelines; contact customers and team members to gather information to make appropriate decisions.
  • Implemented fraud detection techniques, performing compliance reviews - Assisted with re-negotiations of loans based on lending guidelines.
  • Implemented fraud detection techniques, performed compliance reviews, and aided in renegotiating loans based on lending guidelines.
  • Perform due diligence underwriting, portfolio analysis and compliance reviews on loan files submitted from various lending institutions.
  • Conduced full credit and compliance reviews of mortgage loans necessary for the re-underwriting of these financial instruments.
  • Conducted on and off-site credit and compliance reviews for clients of large mortgage due diligence firm.
  • Perform Due Diligence Legal Underwriting and Compliance reviews on conforming and non- conforming residential mortgage portfolios.
  • Implemented fraud detection techniques & performed compliance reviews/checklist to maintain Wells Fargo quality loan portfolio.
  • Performed compliance reviews to ensure accuracy and loans uphold to company and industry guidelines.
  • Performed due diligence underwriting and compliance reviews on loan files for completeness and accuracy.
  • Preformed compliance reviews and assisted with re-negotiation of loans based on lending guidelines.
  • Apply fraud detection techniques and perform compliance reviews to ensure sound credit decisions.

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43. Medical Records

low Demand
Here's how Medical Records is used in Underwriter jobs:
  • Exceeded quality audits examining and interpreting medical records, paramedical exam and applying company guidelines to assess the risk.
  • Review applications, medical information questionnaires, medical records and additional information in evaluating applicants overall medical history.
  • Assessed financial risk by analyzing and interpreting health history, medical records, prescriptions and paramedical exams.
  • Recognize when additional information should be pursued through telephone interviews, paramedical exams and medical records requests.
  • Summarized on-line medical records for a third party provider that obtained medical records for various insurance companies.
  • Performed medical history interviews, reviewed medical records and evaluated risk as needed for final decisions.
  • Researched medical conditions, reviewed medical records and contacted applicants to obtain additional medical information.
  • Analyzed any pertinent information including inspection reports, motor vehicle reports, and medical records.
  • Evaluated application forms and medical records to determine risk classification and adequacy of underwriting information.
  • Reviewed medical records and conducted telephone interviews to obtain information to assess medical risk.
  • Determine risk classification through evaluation of health questionnaires, medical records and telephone interviews.
  • Requested medical records and prepared signed releases for final submission to insurance underwriter.
  • Interpreted medical records, paramedical exams and laboratory results to assess medical risk.
  • Evaluated and analyzed medical records to determine eligibility of customer to receive product.
  • Interpret medical records to determine if applicant is eligible for medical coverage.
  • Review and evaluate medical records to determine applicant's eligibility for coverage.
  • Summarized medical records for risk assessment and made recommendations on final decisions
  • Evaluated and summarized medical records using established guidelines to ensure accuracy.
  • Reviewed medical records to determine eligibility and type of benefits awarded.
  • Review medical records, attending physician statements and paramedical exams.

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44. State Regulations

low Demand
Here's how State Regulations is used in Underwriter jobs:
  • Maintained relationship with correspondent s Quality Control Department to ensure compliance per company and state regulations
  • Generated member benefit summaries and ensured compliance with federal and state regulations and mandates.
  • Examined transactions to ensure all documentation met compliance standards and federal and state regulations.
  • Reviewed, process and approve Homeowner policy applications based upon Federal and state regulations.
  • Evaluated applicant's suitability for insurance coverage while taking into consideration state regulations.
  • Apply specialized knowledge of company underwriting practices and policies including federal/state regulations.
  • Process endorsements and/or amendments to policies within state regulations or policy agreement.
  • Review and obtain documentation to verify compliance with federal and state regulations.
  • Review applications to determine that Milestone is licensed if state regulations apply
  • Entrusted to approach international insurance companies for brokerage risks within state regulations
  • Documented all discrepancies relating to guidelines and Federal and State Regulations.
  • Maintained a working knowledge of state regulations in operating territory.
  • Audited approved applications for compliance with federal and state regulations.
  • Follow state regulations on foreclosures.
  • Meet and exceed production goals while maintaining a high level of quality according to company best practices and state regulations.
  • Stay up to date on current and proposed real estate regulations to make sure we are following best practices.
  • Researched and analyzed state regulations and statutes to developed and revise forms and procedures as necessary to ensure compliance.
  • Served as single point of contact while processing documentations specific to investor guidelines and federal and state regulations.
  • Calculated standard renewal and prospective group rates in accordance with regional rating rules and federal and state regulations.
  • Maintain state licensing and knowledge of specific state regulations and compliance issues for branches in 18 states.

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45. Red Flags

low Demand
Here's how Red Flags is used in Underwriter jobs:
  • Review and identify red flags for potential fraudulent activity, misrepresentation and inconsistencies from analyzing the loan documentation and transactions.
  • Insured accuracy and timely underwriting and loan evaluations while reviewing misrepresentation, omissions, inaccuracies and red flags.
  • Identified red flags indicating a potential for misrepresentation and performed initial investigative work to support findings.
  • Completed internal fraud and appraisal reviews that proactively addressed potential red flags.
  • Reviewed and evaluated loan files for red flags and/or potential misrepresentation.
  • Reviewed documentation and identified red flags indicating fraud.
  • Review and investigate red flags for misrepresentation/fraudulent findings.
  • Audited borrowers credit reports for collections, late payments other properties, and to determine any fraud alerts or red flags.
  • Identify red flags such as credit exceptions and compensating factors that indicate a potential for fraud and investigated to resolve issues.
  • Checked for improvements/ red flags and performed comparison search to make sure all adjustments are within guidelines, market conditions.
  • Insure accurate and timely re-underwriting, loan evaluations while reviewing for possible misrepresentation, omissions, inaccuracies and red flags.
  • Conduct manual appraisal reviews for red flags or trends in order to refer for further value review if necessary.
  • Review all documentation to Determine red flags to indicate Fraud or Miss Representation and Support findings through independent research.
  • Conducted random and diagnostic reviews of edits, illogical information, and red flags to ensure consistency and accuracy.
  • Conditioned for additional documentation; identified red flags, misrepresentation on file, and reviewed LOX and WVOE.
  • Audited files to identify fraud or pertinent red flags that could affect the performance of mortgage bank securities.
  • Used internet tools to research red flags and potential fraud to mitigate future losses and repurchases from investors.
  • Identified credit issues and red flags on a per loan basis and provide feedback to the underwriting department.
  • Front line Underwriting for Risk and Red Flags - Evaluating; examining transactions to ensure accuracy and completeness.
  • Reviewed files for red flags to determine potential fraud using discretion and sound judgment to solve problems.

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46. Fraud Detection Techniques

low Demand
Here's how Fraud Detection Techniques is used in Underwriter jobs:
  • Ensured documents were consistent and upheld to company and industry guidelines along with implementing fraud detection techniques.
  • Examined transactions utilizing fraud detection techniques to mitigate risk while maintaining a balance with production efficiency.
  • Implemented fraud detection techniques and reviewed/reported any retail loss prevention findings.
  • Evaluate and examine transactions to ensure compliance to all regulatory controls, implement fraud detection techniques and prepare formal findings report.
  • Implemented fraud detection techniques to minimize inaccuracies such as extra properties and mistakes on credit reporting.
  • Submitted loans through Desktop Underwriter and Loan Prospector familiar with fraud detection techniques lending guidelines.
  • Evaluated credit reports for fraud alerts, and implemented fraud detection techniques.
  • Utilized fraud detection techniques in all phases of loan application and processing.
  • Used fraud detection techniques on questionable documents found within the loan process.
  • Used fraud detection techniques to ensure validity of lender decisions.
  • Reviewed all loan documents and applied fraud detection techniques.
  • Review for accurate Implementation of fraud detection techniques.
  • Minimize risk by utilizing various fraud detection techniques.
  • Investigate loan requests using fraud detection techniques.
  • Implemented fraud detection techniques Responded to patient's inquiries and complaints Provided accurate and professional service to clients.

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47. Hmda

low Demand
Here's how Hmda is used in Underwriter jobs:
  • Reviewed HMDA information provided on underwriting worksheets and verified for accuracy.
  • Performed administrative duties including HMDA validation and pipeline reporting.
  • Experience with CRA/HMDA reporting/monitoring procedures.
  • Confirm the loan package is ready for submission to Closing and Home Mortgage Disclosure Act (HMDA) information is complete.
  • Determined origination and processing compliance with HMDA, TILA, RESPA, UDAAP, and ECOA and addressed any potential findings.
  • Assured company policies were adhered to regarding quality control for HMDA, RESPA, REG Z, and fraud prevention.
  • Prepare and analyze monthly HMDA reports, loan pipeline reports, and closing reports for monthly commissions to loan officers.
  • Assigned to ensure proper underwriting declination procedures were followed and HMDA (Home Mortgage Disclosure Act) requirements were satisfied.
  • Performed HMDA reviews of applications, TIL, OFAC, and Compliance Ease, prior to closing loan.
  • Ensured compliance including Truth-in-Lending, RESPA, HMDA, and ECOA associated with company program underwriting guidelines.
  • Resolved title and appraisal issues along with reviewing files to verify they complied with all HMDA regulations.
  • Reviewed loan files for mortgage compliance regarding the HMDA Act, RESPA and Fair Lending mortgage laws.
  • Conduct HMDA audit and general data scrub-verify the integrity of information entered into the processing system.
  • Reviewed all disclosures including HUD 1, GFE's and TIL for accuracy and HMDA compliance.
  • Enter all underwriting conditions into Encompass LOS system and all HMDA data specific to underwriting decision.
  • Export files for HMDA reporting, scrubs exported reports and submits information to HMDA quarterly.
  • Involved with special projects including: Fraud Reviews, HMDA reviews, Put Back Reviews.
  • Demonstrated advanced skill levels in HMDA, SCRA, and Title and Flood policies.
  • Reviewed all disclosures to ensure compliance with RESPA, HMDA, and ECOA.
  • Completed data entry with income and assets and ensured HMDA information was accurate.

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48. Credit Documents

low Demand
Here's how Credit Documents is used in Underwriter jobs:
  • Conducted reviews with loan applicants, analyzed credit documents and considered extenuating circumstances to arrive at mortgage loan approval decisions.
  • Reviewed and analyzed credit documents and appraisal to determine risk factors to investor guidelines.
  • Reviewed and analyzed credit documents to determine if the documentation meets program parameters.
  • Reviewed and analyzed initial credit documents to current documents i.e.
  • Review financial and credit documents to see modification affordability.
  • Review credit documents for completeness and accuracy.
  • Identified fraud schemes such as flipping, inflated property values, straw buyers, altered credit documents, and identity theft.
  • Completed initial review of appraisals, borrower credit documents, and DU/LP findings according to Fannie Mae and investor guidelines.
  • Analyzed credit documents; including mortgage applications, credit history and income documents, appraisals and all applicable compliance standards.
  • Review of credit documents to ensure quality, detect fraudulent activity and analyze the overall transaction for red flags.
  • Analyzed credit documents, including, but limited to, mortgage applications, credit history and income documents.
  • Analyzed credit documents including mortgage applications, credit reports, income documents, appraisals and fraud reports.
  • Review loan packages including credit, appraisal, purchase contract, title and all other credit documents.
  • Analyzed credit documents for application, credit, assets, income, and title and insurance documents.
  • Analyzed credit documents, mortgage applications, income documentation, title, appraisal for accuracy and compliance.
  • Reviewed and analyzed income and credit documents, title, appraisals mortgage loans in a post-closed capacity.
  • Analyzed financial statements, property leases, commitment letters and other real estate and credit documents.
  • Detailed analysis of mortgage credit documents, including credit reports, appraisals, and income documentation.
  • Review credit documents for completeness and accuracy, Reviews collateral value of the subject property.
  • Obtained and reviewed all necessary appraisals title and tax certificates, credit documents mortgage insurance.

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49. Appropriate Decisions

low Demand
Here's how Appropriate Decisions is used in Underwriter jobs:
  • Renegotiated loans based on company guidelines, contacting brokers to gather information to make appropriate decisions, explain credit decision rationale.
  • Contacted customers and partners to gather information to make appropriate decisions, explain rationale behind credit decisions.
  • Gathered information from customers/partner to make appropriate decisions, explaining rational behind credit decisions.
  • Communicate with broker to gather necessary information to make appropriate decisions.
  • Contacted customers to gather information to make appropriate decisions, explain rationale behind credit decisions, and/or to sell/promote line products.
  • Gathered needed relevant information to make appropriate decisions from questioning insured and agent, reviewing photos of homes and Internet research.
  • Provided customers and production staffs of gathered information, make appropriate decisions, and explained rationale behind the credit decision.
  • Evaluate the credit and property documentation on loan files so that the appropriate decisions are made that limit investor risk.
  • Assist in re-negotiations of loans based on lending guidelines contacting customers and partners to gather information to make appropriate decisions.
  • Make appropriate decisions based on department guidelines and outside the box decisions, where appropriate.
  • Analyzed, evaluated, and made appropriate decisions on credit and financial status of individuals.
  • Performed the intricate process of risk selection and make appropriate decisions on all cases.
  • Interact with customers and partners directly to gather information to make appropriate decisions.
  • Update account information + Estimate the value of vehicles in order to make appropriate decisions for legal action.

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20 Most Common Skill for an Underwriter

Loan Portfolio20.1%
Underwriting Guidelines19.3%
Loan Applications9.4%
Credit Reports8.2%
Income Documentation7.6%
Ensure Compliance6.9%
FHA4.7%
Financial Statements3.2%

Typical Skill-Sets Required For An Underwriter

RankSkillPercentage of ResumesPercentage
1
1
Loan Portfolio
Loan Portfolio
17.5%
17.5%
2
2
Underwriting Guidelines
Underwriting Guidelines
16.8%
16.8%
3
3
Loan Applications
Loan Applications
8.2%
8.2%
4
4
Credit Reports
Credit Reports
7.1%
7.1%
5
5
Income Documentation
Income Documentation
6.6%
6.6%
6
6
Ensure Compliance
Ensure Compliance
6%
6%
7
7
FHA
FHA
4.1%
4.1%
8
8
Financial Statements
Financial Statements
2.8%
2.8%
9
9
Customer Service
Customer Service
2.7%
2.7%
10
10
Debt Ratios
Debt Ratios
2.1%
2.1%
11
11
Income Tax Returns
Income Tax Returns
2.1%
2.1%
12
12
Fannie MAE
Fannie MAE
1.8%
1.8%
13
13
Du/LP
Du/LP
1.7%
1.7%
14
14
Freddie Mac
Freddie Mac
1.5%
1.5%
15
15
Fhlmc
Fhlmc
1.1%
1.1%
16
16
Fnma
Fnma
1.1%
1.1%
17
17
Secondary Market
Secondary Market
1%
1%
18
18
Desktop Underwriter
Desktop Underwriter
0.9%
0.9%
19
19
Due Diligence
Due Diligence
0.9%
0.9%
20
20
Jumbo
Jumbo
0.9%
0.9%
21
21
AUS
AUS
0.8%
0.8%
22
22
Company Standards
Company Standards
0.8%
0.8%
23
23
Usda
Usda
0.8%
0.8%
24
24
Ensure Accuracy
Ensure Accuracy
0.7%
0.7%
25
25
Insurance Policies
Insurance Policies
0.6%
0.6%
26
26
Risk Analysis
Risk Analysis
0.6%
0.6%
27
27
Hamp
Hamp
0.6%
0.6%
28
28
Data Entry
Data Entry
0.6%
0.6%
29
29
HUD
HUD
0.5%
0.5%
30
30
Credit Risk
Credit Risk
0.5%
0.5%
31
31
Renewal Business
Renewal Business
0.5%
0.5%
32
32
Respa
Respa
0.4%
0.4%
33
33
DTI
DTI
0.4%
0.4%
34
34
Special Projects
Special Projects
0.4%
0.4%
35
35
Title Companies
Title Companies
0.4%
0.4%
36
36
External Customers
External Customers
0.4%
0.4%
37
37
QC
QC
0.4%
0.4%
38
38
Program Guidelines
Program Guidelines
0.4%
0.4%
39
39
LTV
LTV
0.4%
0.4%
40
40
Final Approval
Final Approval
0.3%
0.3%
41
41
Additional Information
Additional Information
0.3%
0.3%
42
42
Compliance Reviews
Compliance Reviews
0.3%
0.3%
43
43
Medical Records
Medical Records
0.3%
0.3%
44
44
State Regulations
State Regulations
0.3%
0.3%
45
45
Red Flags
Red Flags
0.3%
0.3%
46
46
Fraud Detection Techniques
Fraud Detection Techniques
0.3%
0.3%
47
47
Hmda
Hmda
0.3%
0.3%
48
48
Credit Documents
Credit Documents
0.3%
0.3%
49
49
Appropriate Decisions
Appropriate Decisions
0.3%
0.3%

3,774 Underwriter Jobs

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