GOVERNMENT UNDERWRITER

  

Job Title: Government Underwriter                                                                       

Job Location: Remote

Desired Start Date: Immediate

Is this a place you’d like to work? We’re a team of people on a journey together to make the most out of life and become the best version of ourselves. We’re working for something bigger than ourselves though – we are working for Our Mission – to deliver The Effortless Mortgage. We’re a deliberately developmental organization – an incubator of potential.

 

Princeton Mortgage seeks to hire a Mortgage Underwriter. The right Candidate will need to be very detail oriented, be a clear and effective communicator, over email and over the phone, and have 3-5 years’ experience. 

 

The Responsibilities

  • Underwrites residential mortgage loan applications.

  • Evaluating loan applications and other supporting documentation to ensure that the Company is adhering to Bank,

  • Secondary Market, and/or Regulatory policies and procedure guidelines.

  • Analyzing income documentation, (including tax returns, paystubs, award letters, etc.) to determine repayment ability and that the borrowers are within the income guidelines as set forth.

  • Review and approve all required third party documentation (appraisals, credit reports, flood certifications, etc.) to ensure compliance with the necessary secondary market guidelines.

  • Communicates lending decisions through the preparation of commitment letters and/or required adverse action notifications.

  • Assumes responsibility for ensuring that the Company follows secondary market standards and all regulatory requirements

  • Works with management in creating efficiencies and making the department more effective.

  • Assist in training new underwriters and origination staff members

  • Provide prompt, quality service to originating branches and correspondents professionally

  • Recommend areas of improvement to staff and loan officers.

  • Respond to questions, queries, and request with suitable information.

  • Responds to and resolves technical and complex problems that arise.

  • Follows up on any deficiency requests by Shipping and Post-Closing to ensure timely procedure for loan funding.

  • Complies with Banks Policies and Procedures, as well as regulatory compliance.

  • Keeps abreast of industry regulations and changes.

  • Performs other duties as assigned.

 

Requirements

  • A minimum of three-five years of Conventional and Government loan processing experience required

  • FHA Direct Endorsement Required/VA LAPP/SAR a plus

  • Previous experience with Encompass loan origination system preferred

  • General understanding of all areas of the mortgage industry

  • Good oral and written communications skills

  • Ability to multitask in a fast-paced environment

  • Strong analytical and problem-solving ability

  • Strong attention to detail

  • Strong customer service skills

 

Our Assumptions

We treat our people how we want to be treated, and assume they:

  • Are trustworthy

  • Are smart and will figure it out

  • Seek responsibility and accountability

  • Want to learn

  • Are happiest professionally when they are doing good work at something, they think is meaningful

  • Are motivated to work and enjoy controlling their work environment if certain conditions are satisfied

Who We Are

Princeton Mortgage is a team of motivated people who are driven to achieve excellence in their work and reach their full potential, while enjoying the journey. We want to do great work for our customers. We’re also a little weird (in a good way).

Princeton Mortgage was founded in 1983 as a licensed mortgage banker and is backed by a 100+ year old multi-faceted real estate brokerage, investment, and insurance company. We are positioned as a well-capitalized banker that is debt free and is creating dynamic new opportunities within our industry. We are currently growing from a regional to national mortgage banker.

 

Next Steps

For more information, please submit your resume and cover letter to careers@princetonmortgage.com

All inquiries to be kept confidential.

CONTACT US

 

800.635.0977

609.737.1000

info@princetonmortgage.com

439 Grand Avenue

Ewing, NJ 08628

*The Princeton Promise is subject to applicable lending rules and regulations and is subject to change.

The Effortless Mortgage™