DE/SAR Mortgage Underwriter (Remote)

About the position

As an Underwriter III at Taylor Morrison, you will play a crucial role in the mortgage underwriting process, ensuring that all loans are thoroughly reviewed and underwritten according to agency and investor guidelines. This position requires a strong focus on customer service, as you will be collaborating with Management, Loan Consultants, Client Coordinators, and Closers to facilitate smooth loan processing. Your responsibilities will include determining and issuing credit decisions for FHA, VA, and conventional mortgage loan applications, including high balance and super conforming loans. You will assess the borrower's ability to repay by validating their employment, income, credit, assets, and collateral, while also clearing any applicable underwriting conditions. In addition to your underwriting duties, you will be responsible for maintaining up-to-date knowledge of all agency and investor underwriting guidelines and credit overlays. Providing high-quality customer service is essential, as you will be expected to meet the company's service level expectations. You will also complete reviews of loans that will be underwritten as prior-approved loans with the company's investors, providing valuable feedback to Client Coordinators and Loan Consultants. This role may require you to perform other duties as assigned, showcasing your adaptability and willingness to contribute to the team's success. To excel in this position, you will need a Bachelor's degree and a minimum of 10 years of experience in the mortgage or finance industry, with at least 5-7 years of underwriting experience. Holding an FHA Direct Endorsement Certification and VA SAR is mandatory, along with a comprehensive understanding of FHA, VA, FNMA, and FHLMC underwriting guidelines and investor overlays. Proficiency in automated underwriting software and the ability to analyze individual and business income tax returns are also essential skills for this role.

Responsibilities

• Determine and issue credit decisions for FHA, VA, and conventional mortgage loan applications according to agency and lender guidelines.
• Assess the borrower's ability to repay by validating employment, income, credit, assets, and collateral.
• Clear any applicable underwriting conditions for loan applications.
• Complete reviews of loans underwritten as prior-approved loans with the company's investors and provide feedback to Client Coordinators and Loan Consultants.
• Maintain up-to-date knowledge of agency and investor underwriting guidelines and credit overlays.
• Provide high-quality customer service in line with the company's service level expectations.
• Perform other duties as assigned.

Requirements

• Bachelor's degree in a relevant field.
• Minimum 10 years of experience in the mortgage/finance industry.
• 5-7 years of underwriting experience.
• FHA Direct Endorsement Certification and VA SAR certification required.
• Thorough understanding of FHA, VA, FNMA, and FHLMC underwriting guidelines and investor overlays.
• Comprehensive working knowledge of mortgage underwriting processes.
• Proficiency in automated underwriting software.
• Ability to review and analyze individual and business income tax returns.

Nice-to-haves

• Experience with Taylor Morrison's training program may override education and experience requirements.