Carrington Mortgage Holdings, LLC

  • Senior Underwriter, Wholesale

    Job Locations US-CA-Anaheim
    Job ID
    2018-6933
    Position Category
    Operations
    Company
    Carrington Mortgage Services, LLC
    Position Type
    Regular
  • Overview

    Carrington maintains the necessary infrastructure to ensure stability and maximize value during any market cycle. We are a fully integrated mortgage company supporting our customers by providing a broad range of real estate services encompassing nearly all aspects of single family residential real estate transactions in the United States.

     

    Our Mortgage Lending Division is becoming an industry leader by providing competitive mortgage products within our Retail and Wholesale lines of business. We deliver a superior customer experience by meeting individual needs, focusing on financial education, ensuring that our loans close on time and making the entire process as easy as possible. We’re always building our mortgage business with our customers in mind. Join us!

    Responsibilities

    The Senior Underwriter is responsible for underwriting loans in accordance with Company and Investor guidelines following company’s policies and procedures under general supervision. Makes sound underwriting decisions and ensures that all decisions meet legal and policy requirements.

     

    What you’ll do:

    • Performs a thorough analysis to ensure the quality of each loan and to determine compliance with Company and Investor guidelines.
    • Performs a thorough analysis of collateral to ensure property meets investor guidelines and the appraisal quality and completeness is acceptable.
    • Applies and interprets company underwriting guidelines and makes sound credit decision.
    • Completes credit, analysis of income, analysis of property, ensures proper audits are completed and verifies consistency of loan file information.
    • Identifies risk factors within each loan and utilizes resources, tools and documentation to detect red flags and clear inconsistencies.
    • Reviews and evaluates credit information on mortgage loan documents to determine acceptability for specific loan programs.
    • Determines any conditions, stipulations or pre-funding requirements.
    • Reviews and clears underwriting conditions, stipulations or pre-funding requirements received.
    • Communicates with clients, sales teams and operations teams to resolve outstanding issues as they arise.
    • Assists departmental support staff when necessary.
    • Resolves and responds to post closing credit exceptions received from investors and auditors when required on loans underwritten.
    • Maintains ongoing knowledge of investor guidelines, updates and trends as applicable to underwriting position.
    • Completes second signature underwriting review on loan files underwritten by junior underwriters and within designated authority as needed.

     

    You’ll love this job if you’re:

    • Agile and Resourceful. You effortlessly shift gears and come up with workable solutions to problems.
    • Flexible and Hardworking. You take pride in your work, and will do whatever it takes to get things done right.
    • Quality Focused and Industrious. You’re passionate about maintaining high standards and delivering results.

    Qualifications

    What you’ll need:

    • Five plus years of FHA mortgage underwriting work experience
    • Paperless Loan Origination System experience preferred.
    • FHA Direct Endorsement designation and/or VA SAR designation highly preferred.
    • DU and LP experience required.
    • Experience working in a paperless environment preferred.

     

    EEO/AAP Employer

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