Mortgage Underwriter

Description

? Take a look at Equity Resources! We are a fun and friendly environment where we work together to meet our daily goals.

• Remote work is available for candidates located outside of Central Ohio. Candidates local to Central Ohio will be asked to work a structured hybrid schedule and can enjoy our corporate office in Newark’s historic downtown square.
• Choose from flexible hours: 8:30 AM – 5:00 PM with a 30-minute lunch, or 8 AM – 5 PM / 8:30 AM – 5:30 PM with a 1-hour lunch.
• Generous PTO, 10 paid holidays, plus a day off for your birthday!
• Full benefits package (including pet insurance!) first of the month after your first 30 days.
• 401(k) option with a generous company match —helping you grow your retirement savings faster.
• Earn extra cash through our referral programs, $500 for each borrower you refer, and up to $5,000 for referring an experienced Loan Officer.
• Join a stable, employee-focused company that’s been growing since 1993.

Are you an experienced mortgage underwriter who’s been searching for a great company that's family owned, that recognizes your contributions, and has a philosophy of no layoffs during the down-season? A company whose goal and purpose is to Improve the Lives of Families
? Take a look at Equity Resources! We are a fun and friendly environment where we work together to meet our daily goals.

• Remote work is available for candidates located outside of Central Ohio. Candidates local to Central Ohio will be asked to work a structured hybrid schedule and can enjoy our corporate office in Newark’s historic downtown square.
• Choose from flexible hours: 8:30 AM – 5:00 PM with a 30-minute lunch, or 8 AM – 5 PM / 8:30 AM – 5:30 PM with a 1-hour lunch.
• Generous PTO, 10 paid holidays, plus a day off for your birthday!
• Full benefits package (including pet insurance!) first of the month after your first 30 days.
• 401(k) option with a generous company match —helping you grow your retirement savings faster.
• Earn extra cash through our referral programs, $500 for each borrower you refer, and up to $5,000 for referring an experienced Loan Officer.
• Join a stable, employee-focused company that’s been growing since 1993.

• Bachelor’s Degree in Business, Finance, or related field preferred (or equivalent combination of education and experience); minimum HS diploma or equivalent.
• Minimum of 2 years’ DE Underwriting experience with conventional and FHA loans; USDA/VA experience a plus.
• Proficient in Microsoft Word, Excel, and Outlook; experience with an electronic mortgage processing systems required (Encompass preferred).
• Must reside in a state in which Equity Resources is currently licensed.
• Excellent written and verbal communication and customer service skills; able to interact professionally with employees, vendors, and lenders.
• Ability to comprehend and follow complex written and oral instructions.
• Work independently with minimal supervision, applying sound judgment and attention to detail.
• Ability to manage high-stress situations and work overtime as needed.

The primary functions of the Underwriter are to approve saleable loans with the information provided by the next day; underwrite all loans under FNMA, FHLMC, and FHA (may include USDA & VA) loan programs and maintain knowledge of investor programs and overlays and communicate any changes to staff.

• Monitor pipeline daily and self-assigned preapprovals.
• Make underwriting decisions based on risk assessment, taking into consideration the 4 C’s of underwriting:
  Capacity, Credit, Collateral, and Cash.
• Deliver high-quality service with 24-hour turn times and timely updates to Mortgage Specialists.
• Maintain knowledge of investor overlays and expertise in FNMA, FHLMC, and FHA. Knowledge in USDA & VA loan programs is preferred but not required.
• Analyze and report loan quality issues and monitor corrective actions.
• Uphold strict fraud prevention, confidentiality and ethical standards set by Equity Resources.
• Adapt to changing circumstances and adjusting daily priorities as needed.
• Assist other Underwriters with daily volume.
• Perform additional duties…