Quality Control Pre Fund Jumbo Underwriter(Remote)

Company: Guaranteed Rate
Location: Chicago
Posted on: January 16, 2022

Job Description:

About Guaranteed Rate:
We're Guaranteed Rate, the 3 rd -largest retail mortgage company in the U.S.-and aiming to be #1. We're dedicated to the idea that belief makes anything possible. In 21 years we've gone from start-up to funding more than $100 billion in a single year. Our family is 15,000 people driven to making getting a mortgage the easiest part of the homebuying process. We hire the best people and have the industry's best technology. (We invented the Digital Mortgage and work every day to create more leading-edge tech). Our HQ is in Chicago, but we're in every state in more than 850 offices, working to make the dream of homeownership a reality for tens of thousands of people every year. Believe you'd be perfect here? We believe it too, and would love to hear from you.

Job Description:
Remote position: Review loan files to ensure complete and accurate documentation, adherence to Guaranteed Rate and investor standards and to test for data integrity including a full re-underwrite of sampled loans including but not limited to:

Re-calculation of income

Re-calculation of assets

Re-calculation of liabilities

Credit review, including ensuring that the borrowers have demonstrated the ability and willingness to repay

Collateral review, including ensuring the subject property appraisal adequately supports the estimate of value

Review of compliance with all relevant guidelines of all applicable investors, Review of compliance with all relevant state and federal regulations

Review and confirmation that all loan approval conditions required by the underwriter were satisfied prior to review

Requirements:
10 years' recent underwriting experience with minimum 5 years' Jumbo experience

Ability to navigate all investor policies, including specific GRI and Investor overlays

Ability to communicate audit results in a clear, professional manner

Ability to review complex tax returns and asset statements with confidence

Strong knowledge of Jumbo appraisal requirements

Ability to meet department quota expectations without sacrificing quality reviews

Strong verbal and written communication skills

Excellent customer service skills with strong attention to detail

Ability to work flexible hours as needed

Guaranteed Rate is an Equal Opportunity Employer that welcomes and encourages all applicants to apply regardless of age, race, sex, religion, color, national origin, disability, veteran status, sexual orientation, gender identity and/or expression, marital or parental status, ancestry, citizenship status, pregnancy or other reason protected by law. #LI-LC2 #LI-Remote

Keywords: Guaranteed Rate, Chicago , Quality Control Pre Fund Jumbo Underwriter(Remote), Other , Chicago, Illinois