Posted 4d ago

Condo Underwriter

@ Union Home Mortgage
United States
RemoteFull Time
Responsibilities:Research guidelines, Review appraisals, Maintain approvals
Requirements Summary:Bachelor’s degree preferred or equivalent work experience; experience reviewing property types, appraisal reviews, and financial statements; proficient with Excel and loan origination systems; FHA/VA/Conventional Agency loans experience; strong organization and communication.
Technical Tools Mentioned:Excel, Loan origination systems, Financial analysis software, Underwriting tools
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Job Description

The Condo Underwriter is responsible for accurately analyzing all condominium project documentation and assist in rendering a decision based on salability to the applicable Agency and UHM guidelines. 

 

At UHM, we understand diversity comes in many different forms. It’s our commitment to improve inclusion in the workplace through programs and policies that establish a positive and inclusive environment where every Partner, regardless of their background, can grow and excel. We value diversity, educate on equity, and create inclusive partner opportunities to ensure that you know #UBelongAtUHM!

 

DUTIES & RESPONSIBILITIES

  • Research and utilize the most current guidelines for all agencies such as FNMA, FHLMC, GNMA, and RD as well as UHM guidelines when reviewing condominium documentation for approval consideration.
  • Review Appraisals to assure they meet Agency property standards as well as condo project requirements as applicable.
  • Maintain and update approval lists and recertification of all condominiums.
  • Develop and maintain this department, its training and assistance across all channels of business.
  • Monitor, respond and resolve Condo Tickets in the Condo Fresh-Desk within Department’s SLA.
  • Maintain all required turn times.  Current turn times for complete reviews on Condos are 24-48hrs.
  • Update & Maintain Policies and Procedures with current agency changes.