Correspondent QC Underwriter - Money Source : Job Details

The individual in this position is responsible for assessing loan quality in accordance with established underwriting guidelines, loan documentation, and other pertinent information within the closed loan file. All employees of The Money Source are required to deliver high- quality customer service and uphold ethical standards as well as our core values when serving our clients. Duties and Responsibilities ? Re-underwrite loan files to ensure original decisions align with current quality control objectives. ? Verify accuracy and completeness of origination documents. ? Analyze property appraisals to confirm value and eligibility. ? Provide loan quality feedback to the VP of Quality Control and Compliance Officer. ? Ensure reviews meet acceptable risk parameters. ? Maintain compliance with regulations, investor, and agency guidelines. ? Review underwriting for policy-selected loans. ? Communicate decisions and build relationships with stakeholders. ? Investigate and resolve critical/noncritical issues. ? Discuss audit results with VP of Quality Control and Compliance Officer. ? Review approved criteria loans for quality assurance. ? Alert management to recurring deficiencies. ? Identify root causes of deficiencies and weaknesses. Requirements Experience ? Over four years of experience in mortgage underwriting to agency guidelines (FNMA, FHLMC, FHA, VA, USDA) ? Experience in underwriting non-QM loans ? Comprehensive knowledge of agency and federal regulatory guidelines and procedures ? Proven ability to deliver exceptional customer service and effective communication skills ? Strong analytical skills and aptitude for decision-making ? Capable of working independently as well as collaboratively within a team environment ? Exceptional attention to detail with the ability to manage multiple tasks simultaneously Minimum Daily Production Standards 12 units per day. KPIs to be measured and reported daily. Reporting Relationships Direction Received: Receives general guidance and direction from VP of Quality Control and Compliance Officer Direction Given: No authority or supervision of others Status for timekeeping requirements Non-exempt timesheet for tracking sick and vacation accruals. Employees are required to report to work by 8:30 am local time each day. Salary Description 75-95K