Robert Half International Residential Mortgage Underwriter - 100% Remote in San Francisco, California
Our client, a nationally recognized bank, is continuing to expand its underwriting team and is looking to onboard a contractor for a long-term contract to hire assignment. You would be responsible for ensuring that all single and multi-family residential loans are set up, processed & underwritten in a timely manner while meeting all regulatory compliance and achieving a high level of customer service. Responsibilities focus on successfully analyzing tax returns and financials ranging from complex to simple for various types of borrowers. Contract will run through end of 2021 if not longer.
What you’ll do as an Underwriter:
-Maintains the highest level of knowledge regarding appropriate underwriting criteria as required by regulation and best practice and insures that policy and guidelines accurately reflect these best practices.
-Underwrites residential mortgage loans submitted by the Mortgage Loan Originators for compliance with current Bank policy and underwriting guidelines.
-Underwrites residential mortgage loans in accordance with investor specific guidelines.
-Responds to underwriting queries from auditor(s) or examiner(s).
-Perform loan file review and underwriting to determine compliance with investor guidelines, underwriting philosophy, policy and procedures. Ensure timeliness, accuracy and productivity levels established by management.
-Review sources of income and verifiable income amount in order to ascertain correct debt-to- income calculation. Assess the overall risk and credit quality of loans based on transaction type, analysis of income, assets, credit and collateral.
-Ability to review, interpret and analyze loan applicants’ credit histories, income and assets, tax returns, financial statements, and other complex financial information to render a loan decision, and effectively present loans to higher lending authorities.
-Review documentation including flood certification, insurance documentation and property tax information to ascertain that correct proposed loan payment amount was calculated correctly. Use of a financial calculator.
-Thorough understanding of residential real estate appraisal report requirements and the ability to review appraisals for accuracy.
-Demonstrated ability to be flexible and open minded in restructuring a loan to mitigate risks.
-Determine if LTV, DTI and other criteria comply with lending parameters of various loan programs and investor requirements.
Please reach out to Derek Feldshuh for more information.
· 4+ years of residential loan underwriting experience
· Loan processing experience (preferred)
Accountemps, a Robert Half Company, matches skilled accounting and finance professionals with remote or on-site jobs on a temporary and temporary-to-hire basis. Our experienced staffing professionals can promote you to employers and advocate on your behalf. We provide access to top jobs, competitive compensation and benefits, and free online training. For more opportunities, get the Robert Half app and receive instant notifications when our AI matches your skills and experience with jobs.
When you work with us, you’re working with the best. Robert Half has been recognized as one of FORTUNE’s “Most Admired Companies” every year since 1998 and was named to Forbes’ inaugural list of America’s Best Temporary Staffing Firms.
Questions? Call your local office at 1.888.490.3195. Robert Half will consider qualified applicants with criminal histories in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance. All applicants applying for U.S. job openings must be legally authorized to work in the United States. Benefits are available to temporary professionals. Visit https://roberthalf.gobenefits.net/ for more information.