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Underwriter Job - Walnut Creek, CA - Posted 6/24/10

Underwriter

Post Date: Jul 01, 2010
Type: Contract
Start Date: Salary: (Verify your salary with Salary.com)
Location: United States - California - Walnut Creek Job Reference: 00000W39

Job Description:

Underwriter, Walnut Creek, CA
Immediate contract position with a well-known mortgage lender, excellent job opportunity and competitive pay!

This role is responsible for reviewing, analyzing, approving and underwriting large, unusual or complex individual consumer requests and products within company and industry guidelines. Dependent on division and complexity of underwriting, functions may include reviewing appraisals, financial statements, credit reports, and applicable ratios (i.e. debt ratios, loan-to-value); evaluating; examining transactions to ensure accuracy and completeness; preparing formal reports for review; ensuring that documents are consistent and uphold to company and industry guidelines; implementing fraud detection techniques, performing compliance reviews; assisting with re-negotiations of loans based on lending guidelines; contacting customers and partners to gather information to make appropriate decisions, explain rationale behind credit decision.

All interested candidates please submit your resume in Word format to an Employment Consultant at resumes@mortgagestaff.com

**Salary dependent upon experience - Local candidates only, unless otherwise specified**
**REFER TO JOB ORDER # 00000W39 **

Skills:

Minimum 3-5 years of mortgage underwriting experience.
Thorough understanding of underwriting policies and procedures, as well as investor guidelines and regulatory updates including knowledge of FHA, VA, FNMA, and FMLMC guidelines and standards.

Familiar with LP and DU underwriting. Familiarity with review and understanding of complex tax documentation.
Wholesale & Retail underwriting experience.

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