Human Resources Assistant
Jafferjee Brothers Exports (Pvt) Ltd
Job type full-time
Full job description
About our organization
Driven by a deep commitment to service and great experience, atlantic coast mortgage, llc (acm) is able to deliver better, faster and more efficient mortgage servicesThe greater washington, d.cMetropolitan, maryland, virginia area and delaware real estate markets are among the most competitive in the countryThe team of loan officers at acm are experts in navigating the challenging, heavily regulated process, securing our clients financing smoothly and successfully - and helping them purchase the home they desireAcm offers competitive pay, excellent benefits and a relaxed yet professional work environment.
Acm promotes an equal employment opportunity (eeo) workplaceAll qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, protected veteran status, or any other status protected by lawIf you are disabled and need assistance in the application process, please contact the acm human resources department.
The mortgage underwriter underwrites all levels of complexity of mortgage loan applications and evaluates loans in order to maximize organizational profit and minimize risk or lossResponsible for collateral evaluation in accordance to agency and or investor guidelinesWell-versed in standard concepts, practices, and procedures of residential underwriting and is able to ensure that loan meets fha and va insurabilityAble to manually underwrite loans and is not reliant on automated underwriting to make a sound credit decision.
Job responsibilities include, but are not limited to:
Underwrites fha/va and conventional loan applications ensuring adherence to company and investor credit quality standards.
Analyzes mortgage loan files, which includes customer’s application, income documentation, appraisal and title reports, to ensure compliance with the company's policies, as well as, state and federal regulations.
Analyzes loan attributes and documentation for soundness and accuracy.
Analyzes loan applications to identify any risk issues
Evaluates overall income, credit and equity of each loan application.
Ensures all required documentation have been received and completed for the loan process approval.
Determines the amount of loan to be approved when all criteria for underwriting have been metMakes recommendation for loan approval.
Supports loan officers during the qualification process and for turndown decisions.
Provides support to loan officers and processors regarding questions and/or clarification of inquiries, loan files, and underwriting guidelines.
Ensures timely review and follow-up steps in order to meet and exceed customer’s expectations.
Keeps up-to-date on investor and regulatory policies, procedures and changes that affect mortgage underwriting.
Communicates with customers, team members and management on outstanding requirements and conditions, as well as, the status of each loan application.
Analyzes appraisals (including fha, under de program and sar under va program, portfolio jumbo)Reviews the fees appraiser’s reports for completeness and conformity with industry-accepted appraisal practices and techniques as well as all other federal housing administration (fha) and veterans administration (va) requirementsDetermines the reasonable value of the property and any conditions which must be met prior to va guaranty of the loan.
Knowledge of fha streamline and va irrls
The candidate should be oriented toward a deal driven environment and capable of managing multiple transactions simultaneously under tight time pressureHas thorough knowledge of all gse underwriting requirements.
Possesses strong understanding of the operational responsibilities involved in the purchase and transfer of whole loan assets as it pertains to credit quality
Skilled in negotiating issues and resolving problems
Skilled in effective verbal and written communications, including active listening, and presenting findings and recommendations
Ability to establish and maintain working relationships with co-workers, staff and external contacts, and to work effectively in a professional team environment
Fha de designation (chums#) preferred
Va sar/lap and usda experience a plus
A minimum of 3 years fha underwriting experience as a de
Experience working with fannie mae desktop underwriter and freddie mac loan prospector
Thorough knowledge and understanding of all federal and state guidelines
Ability to read, analyze and interpret technical procedures and government regulations
Superior internal and external customer service skills
Exceptional written and verbal communication skills
Exceptional organizational skills
Ability to work independently with little to no supervision and be a team player
Ability to work with all levels of the company
Exceptional attention to details
Must be proactive and reliable
Proficient computer skills including microsoft office
Proficiency in paperless loan processing
Strong sense of urgency to meet deadlines
Proficiency to perform job duties in a fast-paced environment
Ability to influence others to effectively move the loan through to closing