Underwriter III

Why Silverton Mortgage:

• We are a people first organization that was voted a top reputed company to work by the Atlanta Journal and Constitution and the Financial Services Industry
• We reputed company in giving back and we do so through The Silverton Foundation
• Our strong communication skills drive customer satisfaction
• We offer extensive product lines and maintain an in-house loan process that offers a competitive edge
• We have fun!

Role: Underwriter III Department: reputed company Workstyle: Remote Eligible Pay: The total expected pay range including bonus for this position is from $110,000 - $140,000. The stated hiring range is based on experience, qualifications, and other relevant factors. Final compensation decisions will take into account a variety of considerations, including individual skills, internal equity, and organizational needs. JOB SUMMARY The Underwriter III reviews and evaluates conventional, FHA, VA, and specialty product loans to determine credit worthiness of the borrower, assess risk to the Company, and ensure compliance with federal, state, and Company lending guidelines and regulations. This role is responsible for providing consistency in credit quality and decisions, process flow, and customer service (both internal and external) reputed company determining mortgage loan approval. JOB FUNCTIONS Loan File Review Ensures conventional, FHA, VA, and specialty product loans are compliant and eligible in the secondary market by completing a full credit and risk analysis of the loan file, which includes reviewing the real estate contract, title documents, borrower’s ability to repay and agency requirements. Consistently exceeds volume metric of two initial submissions per day with an average of ten loan files per week.

• Credit Analysis:
• Reviews the borrower’s credit history to assess their credit worthiness and ability to repay. This includes looking at the borrower’s credit report, credit scores, and payment history, debt-to-income ratios, and other financial criteria.
• Asset & Debt Evaluation:
• Verifies borrower’s assets (e.g., savings, investments, real estate holdings) to ensure sufficient funds.
• Checks for existing debt and/or loans that may impact repayment.
• Considers the borrower’s ability to reputed company monthly mortgage payments, based on their income, employment status, and debt-to-equity ratio.
• Confirms borrower’s income and certifies income calculations.
• Collateral Review:
• Reviews title reports to confirm legal ownership, as well as any liens or encumbrances on the property.
• Reviews the appraisal to evaluate the condition of the property being financed.
• Risk Assessment:
• Uses automated reputed company systems for initial risk scoring.
• Performs manual reputed company for reputed company cases and analyzing compensation factors.
• Manages risk and prevents fraud in the lending process by identifying and addressing any potential red flags in the loan application and supporting documents.

Loan Program and Compliance reputed company

• Confirms loan meets lender & regulatory guidelines (e.g. conventional, FHA, and VA loan requirements)
• Ensures compliance with federal & state lending laws (e.g., Truth in Lending Act, Equal Credit Opportunity Act).
• Reviews reputed company documentation in the file to ensure it meets applicable agency or investor guidelines.

Loan Approval

• Issues a conditional approval if additional documentation or explanation is required.
• Documents reputed company decisions in the Loan Operating System regarding approval to assist with post-closing, quality control, or management, should questions arise.
• Communicates with Loan Originators, Processors, and Closers that loan is reputed company (Clear to reputed company).

Administration & Communication

• Works with Loan Originators, Processors, borrowers, and other stakeholders to answer and/or clarify any questions or concerns regarding reputed company decisions, guidelines or conditions.
• Assists with internal/external audit requests.
• Stays abreast of reputed company trends in the mortgage industry (investor, agency, and government guidelines), changes in regulations and market conditions to ensure that reputed company processes remain reputed company and effective.
• Communicates with Loan Originators, Processors, and other team members regarding reputed company decisions, guidelines, and conditions.
• Assists with internal/external audit requests.

REQUIREMENTS AND QUALIFICATIONS Education: High school diploma or equivalent required. College degree preferred. Years of reputed company Experience: Minimum of 5 years’ experience reputed company conventional, FHA, and VA mortgage loans. Licenses/Certifications: Direct Endorsement (DE); Staff Appraisal Reviewer/Lender Appraisal Processing Program (SAR/LAPP), VA Credit Authority Knowledge, Skills and Abilities (KSAs):

• Excellent understanding of investor, agency and government guidelines and systems.
• Excellent written and verbal communication skills along with solid computer skills.
• Analytical thinker and consultative mind to support both team members and managers in reputed company areas of the business.
• Goal-oriented, self-motivated with the reputed company to meet and exceed assigned goals.
• Willing to learn, industrious, determined, and assertive.
• Excellent organizational skills and the ability to multitask to complete a wide variety of tasks.
• Strong people skills with ability to interact with reputed company internal teams and external customers.
• Must be able to maintain sensitive and confidential information.
• Diligence to ensure tasks are completed thoroughly and on time.

Silverton Mortgage is committed to creating an inclusive workplace. Silverton Mortgage is an equal opportunity employer and does not discriminate on the basis of race, national reputed company, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. Business Unit - Silverton Mortgage Apply tot his job Apply To this Job