Underwriter Job at The Money Store, Florham Park, NJ

  • The Money Store
  • Florham Park, NJ

Job Description

Overview

We're seeking an experienced Mortgage Underwriter to work closely with the Underwriting Manager to ensure all loan files are complete, accurate, and meet company and regulatory guidelines. This remote position requires strong communication skills, sound independent judgment, and technical proficiency in mortgage underwriting.

Key Responsibilities:
  • Apply internal loan approval policies and investor guidelines during the underwriting process.
  • Accurately calculate Loan-to-Value (LTV) and Debt-to-Income (DTI) ratios.
  • Approve loans that meet company standards and document any conditions for closing.
  • Outline all closing conditions to ensure compliance with applicable regulations and complete file documentation.
  • Conduct a holistic evaluation of each borrower's profile, assessing beyond isolated figures to understand the full credit picture.
  • Collaborate with the Underwriting Manager to ensure consistency, compliance, and quality in underwriting decisions.
  • Exercise sound decision-making discretion in complex or borderline cases.
  • Ensure all required fields are filled and supporting documentation is included
  • Communicate clear conditions for approval
  • Work with processing and closing teams to ensure continued collaboration

Qualifications:
  • Minimum of 5 years of mortgage underwriting experience with FHA, Conventional, and VA loan products
  • DE (Direct Endorsement) Certification required
  • VA LAPP/SAR Certification preferred
  • Experience with USDA loans preferred
  • Proven experience underwriting both manually underwritten and AUS (DU/LP) decisioned government loans
  • Proficiency with Desktop Underwriter (DU) and Loan Product Advisor (LP) required
  • Experience using Encompass Loan Origination System preferred
  • Strong understanding of investor and agency guidelines, credit risk, and compliance standards
  • Demonstrated ability to collaborate effectively with sales teams, processors, and other operational partners
  • Strong communication, organizational, and problem-solving skills
  • High level of accuracy, integrity, and sound judgment in underwriting decisions
  • Must be capable of working independently in a remote and/or office environment

Job Tags

Work at office

Similar Jobs

Checkwriters

IT Systems & Support Specialist Job at Checkwriters

 ...Checkwriters is looking for an IT Support Specialist to work alongside our IT Director! We offer a competitive salary and benefits package, Paid Time Off, a comfortable, convenient, and state-of-the-art office, and company-sponsored social events. This is an in-office... 

Accel Entertainment

Amusement Route Technician Job at Accel Entertainment

 ...its local partners with a turnkey, full-service, capital-efficient gaming solution that...  ...features live racing, electronic gaming machines, live table games, food and beverage amenities...  .... Job Description : Perform amusement collections per assigned route Check... 

Bach to Rock Herndon

Music Instructor Piano Drums Guitar Voice Job at Bach to Rock Herndon

 ...Herndon is a performance-based music school where students of all ages learn the music they love: private lessons, real bands, a recording studio, camps, and big-stage events like Battle of the Bands and our Music Showcase. Our instructors are classically trained... 

GrabJobs

Remote Data Engineer Job at GrabJobs

 ...DescriptionJob Title: Data Engineer Position Type: Full-Time, RemoteWorking Hours: U.S. client business hours (with flexibility for pipeline monitoring, deployments, and data refresh cycles)About the Role Our client is seeking a Data Engineer to design, build, and... 

Grand Portage Lodge & Casino

Environmental Regulatory Coordinator Job at Grand Portage Lodge & Casino

 ...assessment, non-point source pollution, and brownfield program development. This position...  ...ceded territory, and treaty rights. The specialist leads the Band's emerging brownfields...  ...site assessment, cleanup planning, and redevelopment activities consistent with EPA Brownfields...