Executive / Officer - Industrial Engineering (Word Study)
Jafferjee Brothers Exports (Pvt) Ltd
Our operations team is the grease for our wheelsWe have a strong ecosystem at loandepot, and it all revolves around providing the tools to ensure success in every roleOur operations teams which can include processing, underwriting, funding and more, are all invaluable pieces of the mortgage lending puzzleWe warrant a positive culture, promote teamwork & are continuously striving to take care of both our valued borrowers & our extraordinary employeesCome join us!
Loandepot — we are america’s lender.
Responsible for underwriting loans for successful transaction and saleEnsures the performance of all duties in accordance with the company’s policies and procedures, all u.sState and federal laws and regulations, wherein the company operates.
Underwrites 2 - 4 conventional loans within company, investor, and industry guidelines per day with a standard turnaround time of 24 - 48 hours
Maintains a current knowledge of loan programs.
Analyzes and issues credit decisionsReviews and makes informed decisions on financial statements, credit reports and applicable rations (i.e., dti and ltv).
Analyzes risk appropriately by assessing property information including: purchase contract, escrow instructions, and preliminary title report.
Assigns appropriate conditions to loansEvaluates/examines transactions to ensure accuracy and completenessEnsures documents are consistent and compliantIdentifies red flags on documentation.
Assists with restructuring of loans based on lending guidelines.
Gathers information from agency materials to make appropriate decisionsAssigns and signs off on appropriate loan conditions.
Assists processing department with problematic files to expedite submissions.
Effectively explains rationale behind credit decision to internal customers and/or auditors.
Communicates effectively with internal staff to maintain high level of customer service.
Utilizes desktop underwriter (du) and loan prospector (lp) programs.
Underwrites fha loans and acquires chums certification.
Performs other duties and projects as assigned.
High school degree or equivalent required and a minimum of one (1) + years of underwriting or processing experience preferred.
Bachelor’s degree preferred.
Experience in the mortgage industry preferred.
Competitive compensation reliant on ability & experience
Excellent benefits package including multiple health, dental & vision options
Company paid life and ad&d insurance, as well as additional voluntary benefit possibilities
401k with robust company match
15+ pto days, in addition to 8 paid company holidays
The opportunity to work for america’s lender under the vision of industry legend, anthony hsieh
We are an equal opportunity employer and value diversity in our companyWe do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.