California Licensed Senior Underwriter

Job Summary

A company is looking for a Mortgage Loan Underwriter Senior to evaluate credit risk and determine borrowers' repayment abilities for residential mortgages.

Key Responsibilities

• Review loan packages for completeness and compliance with established policies
• Analyze borrowers' financial capacity and document conclusions to mitigate risks
• Mentor and train junior underwriters while ensuring compliance with regulatory guidelines

Required Qualifications

• Minimum 7 years of experience as an Underwriter in financial services or mortgage banking
• Experience with jumbo and super jumbo underwriting to investor guidelines
• Knowledge of state and federal lending regulations
• Bachelor's degree in Business, Finance, Economics, or related field with extensive mortgage banking experience
• Familiarity with FNMA/FHLMC guidelines and mortgage industry software