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Open nowPosted 65 days ago

Mortgage Underwriter

guidanceresidential35 open roles

Where
Dallas, TX, US
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Your applicationOpen nowMortgage Underwriterguidanceresidential · Dallas, TX, US
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The clock on this job

Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market. guidanceresidential postings stay open a median of 1 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.3%14 days
  5. 35.6%30 days
  6. 57.8%60 days
This job: posted 65 days ago

guidanceresidential median: 1 days open

The posting

Guidance Residential, LLC is a strong, growing company that specializes in residential mortgage lending. Our team members are a vital strength in our ability to grow and continue to serve our customers.

We currently have an opening for a full-time Underwriter, who will perform the full range of underwriting duties, including evaluating mortgage applications to determine if buyer, property, and conditions meet applicable investor guidelines. As a member of the underwriting team, the ideal candidate will collaborate with other members to provide a customer experience that is consistent with the goals of GR, as well as, meet the needs of the internal and external customers.

Essential Duties and Responsibilities

  • Reviews and evaluates co-ownership applications to determine compliance with applicable investor and Company guidelines.
  • Analyzes income, assets, credit, collateral, occupancy, and overall transaction risk to make sound underwriting decisions.
  • Conditionally approves, suspends, or recommends denial of applications based on documented findings and applicable guidelines.
  • Identifies discrepancies, potential risks, and additional documentation needed to support an underwriting decision.
  • Clearly documents underwriting decisions and communicates conditions that are concise, actionable, and supported by applicable guidelines.
  • Maintains current knowledge of Fannie Mae, Freddie Mac, investor, and Company guidelines and independently researches underwriting questions as needed.
  • Manages assigned workload to meet established quality, productivity, and service expectations while maintaining accuracy and compliance.
  • Communicates professionally with processors, sales staff, management, and other business partners and takes ownership of assigned files through final disposition.
  • Performs other duties as assigned by management.

Requirements

  • Associate’s degree preferred
  • Minimum five years of underwriting experience with conventional first mortgage loans
  • Comprehensive knowledge of applicable Fannie Mae and Freddie Mac underwriting requirements and investor guidelines
  • Demonstrated ability to independently analyze complex transactions, research guideline questions, exercise sound underwriting judgment, and escalate only when a true guideline conflict, policy question, or business risk exists
  • Excellent oral and written communication skills
  • Strong attention to detail and ability to identify discrepancies, inconsistencies, documentation conflicts, and potential risk issues
  • Ability to consistently meet established quality, compliance, and production expectations while managing workload independently
  • Demonstrated accountability, professional integrity, and commitment to continuous learning and development

Aside from the requirements above, the ideal candidate will have a proven track record in exceptional follow-up and customer service, and must be able to prioritize multiple projects to ensure deadlines are met. Must also be able to demonstrate initiative and use independent judgment within Guidance's established guidelines and procedures.

We offer a competitive salary and a comprehensive benefits package including Medical, Dental, Vision, Flex Spending, Life/AD&D, STD, LTD, 401K with match, Student Loan Paydown, paid holidays and vacation.

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