Wholesale Jr Underwriter

This position is responsible for assisting the Sr. Underwriters with the review and completion of residential loan file submissions This role is full-time and is non-exempt. This position has no supervisory responsibilities and reports to Director of Wholesale Underwriting, Underwriting AVP, or Underwriting Support Team Managers.

Responsibilities and Duties

• Provide Assistance in clearing of specified underwriting conditions within the Jr. Underwriter’s authority. (Lending authority to be approved by Corporate Underwriting. Lending authority for a Jr. Underwriter will be Level I or II)
• Assist in developing best practices for working with the Sr. Underwriters to perform accurate data validation of file information and updating the system of record based on the final underwriting decision.
• Manage and run quality control tools – i.e. Fraudguard, Early Check, LQA, Homevision
• Collaborate with CSRs, Sales, Brokers, and Mini-Correspondent brokers.
• Oversee specific change of circumstance requests and the final clear to close documents for loan files. (Following a pre-closing checklist)
• Ensure compliance with FNMA, FHLMC, FHA, VA, and USDA guidelines. As well as Plaza’s program guidelines.
• Other duties, as assigned 

Required Skills

• Experience with Conventional and Government mortgage programs.
• Proficiency with reports for DU and LPA. FHA connection, and USDA GUS is preferred but not required.
• Capability of handling and meeting deadlines; and prioritizing in fast-paced environment with a heavy volume
• Ability to multi-task and communicate effectively.

Education/Experience

• High School diploma or equivalent
• Previous underwriting or processing background

Physical Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodation may be made to enable individuals with disabilities to perform the functions. While performing the duties of this position, the employee is regularly required to talk and listen. The employee frequently is required to use hands or fingers, handle, or feel objects, tools, or controls. The employee is required to stand, walk; sit; reach with hands and arms; climb or balance, and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this position include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus. The noise level in the work environment is usually moderate.

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions. While performing the duties of this job, the employee is primarily exposed to an office-type environment. The employee will frequently work on or around office equipment and furniture. The noise level in the work environment is low to moderate. The employee will frequently work with deadlines under pressure and will occasionally be required to work alone. The employee is occasionally exposed to outdoor environments which can include exposure to vehicles, moving mechanical parts; vibration; odors, fumes, gases, smoke, dust, or airborne particles; and outside weather conditions.

Affirmative Action/Equal Employment Opportunities Statement:

Plaza Home Mortgage is an Equal Opportunity and Affirmative Action Employer and prohibits discrimination and harassment of any type on the basis of actual or perceived race, color, national origin, ancestry, sex (including pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), gender, gender identity, and gender expression, religious creed, disability (mental and physical) including HIV and AIDS, medical condition (cancer and genetic characteristics), genetic information, age, marital status, civil union status, sexual orientation, military and veteran status, denial of family and medical care leave, arrest record and/or any other characteristic(s) protected by federal, state or local law.This policy applies to all terms of employment including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, training, compensation, benefits, employee activities and general treatment during employment.