DE Underwriter

Job Summary

United Mortgage Corp, a multi-state mortgage banker, is seeking a DE Underwriter to join our rapidly growing organization. This role is based at our Melville, New York Operations Headquarters and offers a hybrid remote work arrangement. Qualified applicants should have 3 to 5 years of underwriting experience, preferably within a mortgage banking environment.

Essential Job Functions

• Underwrite loan files received daily in alignment with Federal Housing Administration (FHA), agency, investor, and credit union policy and procedures.
• Originate and validate FHA insured loans using the HUD FHA Connection system.
• Review and sign off underwriting conditions in accordance with credit union policy while maintaining established turn times.
• Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance, including Bank Secrecy Act and anti money laundering requirements relevant to the position.
• Possess current knowledge of FHA and secondary market requirements regarding credit, income, disclosure, and property, with hands-on experience using agency-related internet and computer-based systems as necessary.
• Analyze tax returns, credit and appraisal reports, fraud indicators, and other income or property documentation to ensure alignment with agency, investor, and credit union requirements.
• Organize and prioritize daily workload to ensure compliance with credit union policy, procedures, and established turnaround times.
• Communicate with vendors, service providers, agencies, investors, staff, brokers, and members as needed.
• Maintain current knowledge of the mortgage industry, credit union standards, and market trends.
• Monitor and address quality control or insurance-related issues on relevant files promptly to prevent delays.
• Collaborate with management to implement procedures that prioritize work within underwriting and processing as volume dictates.
• Work closely with origination and operations staff to ensure adherence to guidelines and policies of the credit union and agency.

Education & Qualifications

• 3 to 5 years of experience as an Underwriter with comprehensive knowledge of the mortgage business.
• Bachelor’s degree preferred or equivalent work experience.
• Experience with FHA, VA, and Agency loans.
• Direct Endorsement (DE) Required.
• Strong analytical skills, particularly in credit and risk assessment, with solid decision-making abilities.
• Effective interpersonal and technical report writing skills.
• Attention to detail.

Benefits and Compensation

Competitive compensation and benefits, including healthcare, dental, vision, and a 401(k) or Roth retirement plan. Additional benefits include paid time off and paid holidays.

Equal Opportunity Employer

United Mortgage Corp is an Equal Opportunity Employer. The company does not discriminate in employment and staffing practices based on race, age, disability, gender, sexual orientation, nationality, or any other characteristic protected by law.

Job Type

Full-time

Pay

Salary: $95,000.00 - $135,000.00 per year

Work Location

Hybrid remote in Melville, NY 11747