Performs loan underwriting for Home Equity real estate loans. This professional will underwrite loans while supporting CLS correspondents in a timely and accurate manner.
Duties & Responsibilities:
Underwrites loans to guidelines.
Underwriting is both manually and through FNMA DU automated underwriting system.
Responds to correspondents in answering underwriting questions.
Knowledge & Skills:
Excellent communication skills.
Ability to work in a fast paced environment with quotas and goals.
Master knowledge of FNMA/FHLMC underwriting guidelines.
Master knowledge of Home Equity underwriting guidelines.
Master knowledge of RESPA and TILA.
Experience with DU and LP automated underwriting systems.
Minimum of 3 years of Home Equity Loan Underwriting.