Collateral Underwriter

Overview

D.R. Horton, Inc., the largest home builder in the U.S., was founded in 1978 and is a publicly traded company on the New York Stock Exchange. It is engaged in the construction and sale of high quality homes designed principally for the entry-level and first time move-up markets. The Company also provides mortgage financing and title services for home buyers through its mortgage and title subsidiaries.

D.R. Horton, Inc. is currently looking for a Collateral Underwriter
. The right candidate is responsible for reviewing residential real estate appraisals (collateral to the mortgage) to identify heightened risk valuation, appraisal quality, property eligibility and property compliance violations.

• Review collateral documentation daily as assigned by the Underwriting Manager, Assistant Underwriting Manager or Team Lead
• Review and underwrite collateral to ensure the documentation meets investor and program criteria
• Review Uniform Collateral Data Portal (UCDP) findings, address appraisal comparable selection, review for marketability and valuation acceptance, and confirm appraisal is completed to Fannie Mae or Freddie Mac standards
• Review appraisal against title, flood cert, purchase agreement, etc. for accuracy & consistency
• Prioritize collateral documentation reviews to meet departmental turn times
• Successfully underwrite collateral documentation for loans as defined by the Underwriting Manager, Assistant Underwriting Manager or Team Lead
• Ability to review other loan conditions as assigned by the Underwriting Manager
• Review and respond to internal and external audits
• Perform audits as required
• Conducts all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
• Ability to work overtime

Education and/or Experience

• High school diploma or general education degree (GED)
• Three to six months of related experience and/or training
• Strong verbal and written communication skills
• Superb organizational skills and provide attention to detail
• Solid time management skills with a proven ability to meet deadlines
• Strong analytical and problem-solving skills
• Proficiency with or the ability to quickly learn the organization’s systems
• Ability to prioritize tasks
• Ability to act with integrity, professionalism, and confidentiality
• Proficiency with MS Office and email required

• Bachelor’s degree from a four-year college or university preferred

• Medical, Dental and Vision
• 401(K)
• Employee Stock Purchase Plan
• Flex Spending Accounts
• Life & Disability Insurance
• Vacation, Sick, Personal Time and Company Holidays
• Multiple Voluntary and Company provided Benefits

Build YOUR future with D.R. Horton, America’s Builder. #We Build People Too