Mortgage Underwriter Job at Flat Branch Home Loans, Chesterfield, MO

WExUdkt0NTV5dkt5OHhPekVYajNId0o3bmc9PQ==
  • Flat Branch Home Loans
  • Chesterfield, MO

Job Description

Description

Job Summary:

We are seeking a detail-oriented and knowledgeable Underwriting Questions Agent to support our underwriting team and sales teams by managing a pipeline of complex mortgage-related inquiries. This role involves evaluating and responding to scenario questions, guideline clarifications, overlay interpretations, income calculations, and condo reviews. The ideal candidate will have strong analytical skills, the ability to research and interpret guidelines, and the expertise to assess risk in exception requests. This role requires excellent communication skills and collaboration with loan teams to ensure efficient and accurate underwriting decisions are being made.

This position has opportunity to be fully remote once training is complete. Canidates who live within driving distance of Columbia, MO, Chesterfield, MO, or Jefferson City, MO office locations will be considered.

Key Responsibilities

  • Manage and prioritize a pipeline of underwriting inquiries, including guideline and overlay questions, along with scenario reviews.
  • Research and interpret agency, investor, and company overlays to provide accurate guidance to loan teams.
  • Perform complex income calculations to determine borrower qualification.
  • Review condominium projects for eligibility and compliance with lending guidelines.
  • Assess and evaluate exception requests to determine if the risk on a loan is acceptable for waiving specific requirements.
  • Communicate underwriting decisions and guidance clearly to loan officers, processors, and underwriters.
  • Stay current on industry guidelines, regulatory changes, and investor requirements to provide up-to-date responses.
  • Collaborate with teams and leadership to ensure alignment on policy interpretations and risk assessment.

Requirements

Qualifications & Skills:

  • Experience: 3+ years in mortgage underwriting or a related role in mortgage lending.
  • Knowledge: Strong understanding of agency guidelines (Fannie Mae, Freddie Mac, FHA, VA, USDA), investor overlays, and risk assessment.
  • Skills:
  • Strong research and analytical skills for guideline interpretation and risk evaluation.
  • Excellent verbal and written communication skills for clear and concise responses.
  • Ability to manage multiple priorities in a fast-paced environment.
  • Proficiency in income analysis, including self-employed borrower income calculations.
  • Strong decision-making skills with the ability to think critically and assess out-of-the-box scenarios.
  • Ability to collaborate effectively with underwriting teams, loan officers, and other team members.

Job Tags

Self employment,

Similar Jobs

Mercy Hospital in St. Louis, Missouri - Mercy

Pain Medicine - Physician Job at Mercy Hospital in St. Louis, Missouri - Mercy

 ...Pain Medicine - Physician at Mercy Hospital in St. Louis, Missouri - Mercy summary: Anesthesiologist specializing in pain management providing interventional pain treatment with minimal medication management in a multidisciplinary team setting. The role involves working... 

Hyundai America Technical Center, Inc. (HATCI)

New Model Evaluation Intern Job at Hyundai America Technical Center, Inc. (HATCI)

Job description: New Model Evaluation Intern What You Will Do: Test and evaluate Chassis/PT/EL/INFO concerns for new vehicle models and provide recommendations for improvement Investigate/support testing and evaluation of Chassis/PT/EL quality issues on... 

University of Alaska Fairbanks

Event Staff (Temp) Job at University of Alaska Fairbanks

 ...Protecting Payment Card Information training (annual training). Position Details: This is a part-time, temporary assignment with an hourly rate of pay of $16.15 per hour. Please attach a resume, cover letter, and the names and contact information (email address and... 

Russell Tobin

Junior Financial Analyst Job at Russell Tobin

&##128640; Entry-Level Finance Opportunities | $20$24/hr | Major Companies | Utah Are you ready to launch your finance career with some of the biggest names in the industry ? Were hiring entry-level finance professionals for contract roles (612 months) with potential... 

Creative Chaos

Senior WordPress Developer Job at Creative Chaos

 ...Job Summary: As a Senior WordPress Developer, you will play a vital role in developing and maintaining WordPress-based solutions for our clients. In this role, you will collaborate with cross-functional teams to design, develop, and implement high-quality websites and...