UW III - Purchase

At Mr. Cooper Group, You Make the Dream Possible.

Our purpose is simple: Keeping the dream of homeownership alive. As a Mr. Cooper Group team member, you play a big role in making that dream possible. Around here, we know our roles and work together, volunteer to make a difference, and challenge the status quo when needed. Everything we do is in the care and service of our teammates and our customers.

Join us and make the dream of home ownership possible!

ESSENTIAL JOB FUNCTIONS

• The Underwriter II Purchase is responsible for analyzing highly complex financial and credit information according to internal underwriting standards, investor guidelines, and federal regulations on purchase loans
• Underwrites a wide variety of product and loan types with a higher aggregate credit exposure including underwriting exceptions not determined through DU.
• Compile, analyze, and document loan data and credit risk, borrower and property information.
• May review more complex loans requiring exceptions.
• Responsible for providing strong and clear communication to processors, underwriters, mortgage professionals and borrowers regarding documents needed for mortgage loan files to ensure quick turnaround time.
• Provide training and assistance to Underwriters I and Underwriters II to assist with performance improvement and developmental opportunities.
• Adheres to all applicable internal NPI policies and procedures, and protects the confidentiality of borrower information.
• Other duties as assigned.

EDUCATION / EXPERIENCE REQUIREMENTS

• Graduation from a 4-years college or university with major course work in a discipline related to the requirements of the position. Will consider the equivalent combination of job experience and education that demonstrates the ability to perform the essential functions of the job.
• Advanced analysis skills in the areas of credit, layered risk, and income.
• Ability to underwriting loans at a national level and in all markets.
• FHA - Direct Endorsement (DE) designation preferred or a VA LAPP/SAR designation
• Basic computer skills required.
• Minimum of 5 years mortgage underwriting or lending experience

Job Requisition ID:

022880

Job Category:

Originations

Primary Location City:

Lewisville

Primary Location Region:

Texas

Primary Location Postal Code:

75067

Primary Location Country:

United States of America

Additional Posting Location(s):

Lake Forest, CA