Mortgage Underwriter

📋 Description

• Review, analyze, and underwrite HECM loan files in accordance with HUD, FHA, investor, and company
• Complete comprehensive financial assessments, including income, assets, liabilities, residual
• Evaluate borrower eligibility, occupancy requirements, and counseling compliance requirements for
• Review appraisals and collateral documentation to ensure property eligibility and compliance with
• Analyze title commitments, property ownership structures, trusts, life estates, and other vesting
• Identify and clearly communicate underwriting conditions, documentation deficiencies, and risk

🎯 Requirements

• Minimum 3+ years of mortgage underwriting experience, with direct HECM/reverse mortgage
• Strong working knowledge of FHA HECM underwriting guidelines, HUD regulations, and reverse mortgage
• Experience performing financial assessments and residual income analyses for reverse mortgage
• Proficiency reviewing and interpreting: FHA Connection, HERMIT® or equivalent reverse mortgage
• Knowledge of: HUD Mortgagee Letters, FHA property eligibility requirements, Title and vesting
• Ability to identify and mitigate underwriting risk while maintaining compliance with FHA

🎁 Benefits

• Comprehensive medical coverage
• Life insurance and personal accident benefits
• Paid company holidays (including the day after Thanksgiving)
• Opportunity to work with a leading provider of mortgage technology and fulfillment solutions.
• Collaborative and performance-driven culture.
• Exposure to a diverse client portfolio and national lending programs.