TPO Condition Underwriter

This position is responsible for the timely and accurate review of conditions required by the Credit Underwriter in order to issue final loan approval. Items required in condition reviews include, but are not limited to credit, employment, income, financial data, and asset documentation. A Condition Underwriter ensures the items provided meet the investor & regulatory requirements for items requested by the Credit Underwriter to adhere to quality standards and maximize the borrower’s chances of obtaining and sustaining homeownership. 

At UHM, we understand diversity comes in many different forms. It’s our commitment to improve inclusion in the workplace through programs and policies that establish a positive and inclusive environment where every Partner, regardless of their background, can grow and excel. We value diversity, educate on equity, and create inclusive partner opportunities to ensure that you know #UBelongAtUHM!

DUTIES & RESPONSIBILITIES

• Responsible for reviewing 14-16 Condition files per day while minimizing any risk to the company by ensuring the documentation provided meets the requirement set forth by the credit underwriter and compliance with our investors, agencies, HUD, VA, USDA or HFA’s, as applicable.
• Responsible for Communicating with Internal and External Sales Partners, Underwriters, Processors/BCs, Closers, etc. on condition items that are unable to be cleared.
• Responsible for remaining updated on all investor, agency, FHA, VA, UHM guideline changes along with any overlays.
• Ensure the accuracy of all necessary criteria for specific loan types, products, rates, applicable documentation, and data.
• Maintain Quality Control ratings within company standards.                                
• Attend appropriate seminars, live and recorded courses to keep abreast on current market trends and developments.
• Provide training support to sales force, as needed.
• Responsible for listening in on departmental huddles.
• Assist loan officers, broker partners, and/or NDC Clients with scenarios and explaining any conditions that are not clear to them.

EDUCATION & EXPERIENCE

• 3-5 years of experience in Prefunding QC, Underwriting Help Desk Capacity, Sr. Processing or similar Mortgage Condition Clearing Capacity and complete knowledge of the mortgage business
• Bachelor’s degree preferred or equivalent work experience
• Experience with FHA/ VA/ USDA/ Agency loans
• Knowledge of Encompass LOS

SKILLS REQUIRED

• Strong analytical skills, especially in credit and risk, along with decision making skills.
• Effective interpersonal skills and technical report writing skills.
• Attention to detail.
• Knowledge of Encompass LOS
• Shows work commitment
• Personal organization
• Adaptability and flexibility
• Ability to meet strict deadlines and demonstrate a sense of urgency as applicable.
• Fosters teamwork
• Uses sound judgement
• Comfortable using financial/ quantitative data

This employer participates in E-Verify. If hired, the employer will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S.

Union Home Mortgage Corp. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.