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We are seeking an experienced and highly analytical US Mortgage Live Underwriter to join our team. The ideal candidate will possess extensive, mandatory knowledge of conventional, VA, and FHA loan products, Fannie Mae/Freddie Mac guidelines, and automated underwriting systems. This role demands a high level of proficiency in real-time, "live" underwriting, ensuring swift and accurate loan decisions.
Requirements:
Extensive, mandatory working knowledge of Conventional, VA, and FHA loan programs
Comprehensive and expert working knowledge of Fannie Mae (FNMA) and Freddie Mac (FHLMC) Guidelines
Extensive working knowledge of the 4 C's of Underwriting (Credit, Capacity, Collateral, Capital)
Detailed knowledge of Automated Underwriting Systems (DU, LP, GUS)
Well-versed in complex income calculations for salaried (W-2) and self-employed borrowers
Review, analyze, and render final credit decisions on mortgage loan applications in a live environment
Nice to have:
Working knowledge of additional product types (USDA, Jumbo, Reverse Mortgages, Non-QM, HELOC)
Knowledge of other specific agency guidelines (beyond FNMA/FHLMC)