Tri Pointe Connect, the mortgage affiliate of Tri Pointe Homes, is looking for an experienced individual to join our talented group as a DE/SAR Underwriter. This is a remote position, Arizona based preferred.Position Highlights: Underwriters at Tri Pointe Connect determine the home buyer's ability to qualify for a mortgage loan. Underwriters understand investor and agency guidelines along with various regulatory requirements relating to mortgage loans. Underwriters review critical documents relating to income and assets such as paystubs, tax returns, bank statements, credit reports, and other key documents applicable to the mortgage transaction. A Mortgage Underwriter III is delegated in conventional (FNMA, FHLMC) as well as at least two additional government agencies (VA, FHA, USDA). A successful Mortgage Underwriter III at Tri Pointe Connect displays a strong desire for unparalleled customer service, is willing to work in a team atmosphere, employs excellent communication skills (both written and verbal), is well-organized, and extremely detail-oriented. If you are looking to make a difference, Tri Pointe Connect is the place for you!
Position Responsibilities:- Review file for completeness, comparing data entered in loan application with actual documentation in file
- Review all documentation in file to ensure it meets applicable agency or investor guidelines
- Calculate income including potentially complex financial documents such as business tax returns
- Run automated underwriting systems (LP, DU, GUS, TOTAL) as applicable
- Disposition status of documents received to include acceptance or rejecting documentation for acceptability of meeting loan conditions
- May be required to facilitate restructuring of loans when documentation supplied does not meet guidelines by locating another program that will be acceptable
- Communicate verbally and electronically with internal parties applicable to the transaction including but not limited to loan consultants, loan processors, and operational and sales managers as applicable
- Manage pipeline deadlines to ensure loans are submitted to critical milestones to meet purchase contract close of escrow deadlines
- Maintain updated communication logs or other status reports as applicable
- Attend weekly/monthly departmental meetings
- Understand and adhere to all critical regulatory guidelines
- Meet all established Quality Control Metrics including responding to any audit citations or deficiencies
- Attend departmental and compliance training as required
- Meet minimum production requirements for new loan files as well as resubmission/condition reviews
Position Qualifications:- DE/SAR required
- High school diploma or equivalent
- Minimum 5-7 years experience with conventional and government underwriting of two or more agencies (VA, FHA, USDA); purchase/builder business preferred
- MS Office; including Outlook, Word, and Excel
- Encompass LOS experience preferred
- Must pass CAIVRS acceptability
Job Specific Core Competencies:- Excellent verbal and written communication skills
- Strong attention to detail
- Outstanding interpersonal and customer service skills
- Ability to multi-task and meet deadlines
- Strong organizational skills
- Ability to operate independently when needed but perform as a team player
- Strong knowledge of underwriting guidelines - Fannie Mae/Freddie Mac plus FHA and VA as well as investor-specific guidelines as applicable
- Strong regulatory knowledge, including ECOA, HMDA, RESPA, and other applicable federal or state-specific guidelines
- Strong time management skills including the ability to work under fast paced, sometimes tight deadlines
