Temporary Mortgage Underwriter- Correspondent Loans - REMOTE
Quorum Federal Credit Union
Village of Dobbs Ferry, New York, United States · Posted Jul 16
Job description
Responsibilities: Review and underwrite first and second mortgages for compliance with FNMA and internal guidelines. Validate loan eligibility by evaluating income, assets, credit, and collateral documentation while communicating decisions to correspondent sellers.
Requirements: Requires at least four years of financial institution experience and recent hands-on proficiency with Encompass. A bachelor's degree in finance or business is preferred, along with detailed knowledge of secondary market guidelines.
Key skills: Mortgage Underwriting, Encompass, FNMA Guidelines, Income Validation, Asset Validation, Credit Analysis, Collateral Documentation, Secondary Market Guidelines, Regulatory Compliance, Problem Solving, Analytical Skills, Time Management, Microsoft Office, Fair Lending, Anti-Fraud Regulations, Loan Origination Systems
Keywords: Mortgage Underwriter, Correspondent Loans, Encompass, FNMA, Secondary Market, 1003, Title Policy, CD, SAFE Act, NMLRS, HMDA Reporting, Fair Lending, Credit Union, Loan Origination Systems, Underwriting, Compliance, Anti-Money Laundering, Bank Secrecy Act