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Role Description

• Underwrite and assess credit quality of residential mortgage loans (conventional, FHA, VA, USDA, Bond).
• Review income, assets, credit, collateral, and AUS/manual underwriting findings to ensure accuracy and compliance.
• Analyze complex scenarios, including self-employed borrowers, layered financing, and first-time homebuyer programs.
• Review property appraisals, fraud reports, and third-party verifications for validity, collateral acceptability, and risk mitigation.
• Exercise good judgment and deliver an underwriting decision on each loan file within determined underwriting service level agreements.
• Maintain quality standards and ensure compliance with federal and state regulations.
• Interact with Quality Control, Compliance, and Funding for problem resolution, risk evaluation, and compliance concerns.
• Communicate with the Loan Officer, Processor, and Closer to aid in resolving conditions.
• Demonstrate proficiency in automated underwriting systems.

Qualifications

• Knowledge of basic lending and underwriting policies and procedures, including guidelines issued by FNMA and FHLMC.
• Sound judgment and decision-making skills.
• Ability to work under pressure and meet deadlines with minimal supervision.
• Excellent organizational skills.
• Knowledge of Freddie Mac, Fannie Mae and FHA/VA guidelines.

Requirements

• This position is offered as an onsite position for candidates who reside within commutable distance of our corporate location in Brookfield, WI.
• For candidates outside a commutable distance of Brookfield, WI, this is offered as a remote position.
• Pay range is $43.00 - $50.50 per hour plus bonus potential.