Underwriter III

Nations Lending Corporation is one of the fastest-growing mortgage lenders in the US. We're headquartered in the Cleveland, Ohio area and licensed to lend in all 50 states. With more than 90 branches, we employ more than 1,000 talented people.

We empower our employees to pursue their career goals by supporting their unique and creative ideas while making our mission of "home loans. made human." an integral part of our company culture. We want you to Join The Nation!

The Underwriter Level III is responsible for the analysis of submitted conventional, USDA, FHA Total Scorecard and Manual, VA Test Cases, HMFA/DPA Products for repayment capacity, capital, character, collateral, and property condition while adhering to Nations Lending Corp credit policies, agency guidelines, and investor overlays

ESSENTIAL FUNCITONS

• Review initial submission loan files for completeness, accuracy and compliance with Company, Agency and/or Investor guidelines.
• Review and clear conditions
• Develops and maintains an up to date and sound knowledge of multiple loan product guidelines offered by the Company, DU/LP Guidelines, and risk assessment tools used to decision mortgage loans.
• Reworks loans to new terms, identified additional conditions as needed to insure a viable credit decision
• Reviews and evaluates borrower(s) profile including but not limited to all income documentation, tax returns, credit reports, preliminary title report, judgments, bankruptcy documents and appraisals
• Analyzes and calculates income documentation such as personal and business income statements and ensures all necessary documentation is requested to support final loan decisions
• Exercises good judgment, conducts reasonableness tests and issues quality decisions
• Determines accuracy and completeness of files; ensures processes are consistent
• Demonstrates proficiency in automated underwriting systems (DU/LP)
• Maintains pre-established service level standard of decisions within time-frame set by Company
• Communicates regularly with sales team, processors and management
• Assists in the preparation of repurchase responses and/or rebuttal reviews
• Use all automated underwriting engine to review, analyze and underwrite loan files on first mortgage loans.
• Check to ensure chain of title meets agency requirements and verify no unpaid liens or judgments.

Qualifications and Education Requirements:

• Ability to prioritize and be organized.
• Excellent problem resolution and consultative skills
• Preferred Skills:
• Encompass LOS experience is a plus.
• Ability to work in a fast paced, fluid environment and be held to minimum production standards
• Bachelor's Degree or equivalent combination of education and underwriting experience
• 3+ years of recent Mortgage Underwriting Experience.
• Ability to calculate figures and amounts such as discount, etc.
• Working knowledge of ATR/QM Requirements.
• Strong computer skills; proficient in Microsoft Word, Excel and Outlook, DU / LP AUS systems
• Skilled and professional written and verbal communication skills
• Must be detail oriented, critical thinker, have strong analytical skills, good communication skills and an excellent customer service orientation.
• Integrity and outstanding work ethic required

Nations Lending expressly prohibits any form of discrimination or unlawful harassment based on race, color, religion, gender, national origin, age, genetic information, disability, veteran status, sex (including marital status, family status, pregnancy, sexual orientation, gender identity or gender expression). Improper interference with the ability of Nations Lending employees to perform their expected job duties is absolutely not tolerated. Nations Lending expressly prohibits any form of retaliation against individuals who raise any concerns regarding equal employment opportunities with the Company.