[Remote] Junior Underwriter - HST, PST, MST

Note: The job is a remote job and is open to candidates in USA. Rate is one of the nation’s top retail mortgage lenders, delivering a seamless, tech-driven experience that helps customers reach their homeownership and financial goals. The Junior Underwriter will analyze loan files for compliance, validate documentation, and communicate loan decisions while striving for same-day processing.

Responsibilities

• Complete a thorough analysis of loan files to determine compliance with company, investor and GSE guidelines
• Evaluates the entire credit package following the checklist for the specific loan types in which you are assigned
• Escalate loan files with recommendations on situations that exceed individual lending authority
• Examine and validate specific loan documentation for accuracy and completeness, checking accuracy of all calculations and loan data
• Communicate decision on loans to appropriate parties both verbally and in writing
• Strive to meet same day decisions on all submissions
• Complete all processing related matters from gathering documents to getting the loan into closing

Skills

• Preferred strong knowledge of State and Federal laws pertaining to the mortgage banking industry: QM, ATR, RESPA, ECOA, AIR, etc
• Prior experience processing loans
• Excellent data entry skills and PC skills
• Knowledge of Encompass
• Strong verbal and written communication skills are necessary
• Excellent customer service skills with strong attention to detail
• Time Management skills and the ability to prioritize workload based on daily production

Benefits

• Eligibility to participate in a company-sponsored 401(k)
• Vacation benefits
• Eligibility for medical, dental, vision, and prescription drug benefits
• Flexible benefits (e.g., healthcare and/or dependent day care flexible spending accounts)
• Life insurance and death benefits
• Critical care insurance
• Personal accidental insurance
• Commuter benefits
• Pet insurance
• Certain time off and leave of absence benefits
• Well-being benefits (e.g., employee assistance program)
• Other supplemental benefits (e.g. legal planning assistance; identity theft protection; pet insurance; wellness resources)

Company Overview

Company H1B Sponsorship