Email Opening
Title

Remote FHA/VA Underwriters 

Description

The Money Source is now hiring: Remote Retail FHA/VA Underwriters

Underwriters are responsible for evaluating risk and making loan decisions based on existing underwriting guidelines and information and documentation provided in the loan file.

Duties and Responsibilities:

  • Review applications for completeness and update data in LOS to ensure data integrity
  • Ensure loan quality standards are met, with a maximum major deficiency percentage of less than 1% on underwritten files
  • Work with internal and external partners to clear conditions in a timely manner
  • Analyze and review documentation in file to verify accuracy of application and support underwriting decision
  • Calculate income based on tax returns and/or other income documents in file. Review and confirm assets in file
  • Review and analyze appraisals, preliminary title work, and purchase contracts
  • Make loan decisions based on the overall worthiness of the borrower(s) and issue loan approvals, counter offers, or denials
  • Communicate decisions to all parties and build relationships with both internal and external partners
 
Position Requirements

Job Highlights:

  • Underwriting Teams structured by product group (FHA,VA, Conv)
  • Dedicated Credit Risk liaison to provide real time feedback
  • Follow the 4155 and 4001 with minimal overlays
  • Lucrative bonus plan
  • Low Underwriter quote (30 loans per month)
  • Ability to get multiple designations
  • Knowledgeable management and team

Experience and Skills:

  • DE Certified
  • LAPP/SAR Certified

Salary:

  • Commensurate with experience. TMS offers competitive compensation, comprehensive benefits (medical, vision, dental), paid time off, and a 401K savings plan. Only candidates selected for further consideration will be contacted. The Money Source Inc. is an Equal Opportunity Employer.
 
Location TMS - Remote  
About the Organization The Money Source Inc.(TMS) is a different kind of company that does business in a different kind of way. Founded in 1997, with a mission to Grow Happiness, TMS is a fast growing fintech company that provides products, technology, speed of service and a unique customer experience to borrowers, clients and team members in their pursuit of happiness.

With more than 600 team members, TMS is headquartered in Melville, New York, and is a national lender and servicer licensed or exempt from licensing in all 50 states and the District of Columbia. For more information, visit TheMoneySource.com.

We encourage you to visit our website @ https://themoneysource.com/core-values/ and our Facebook page @ https://www.facebook.com/TheMoneySourceInc to learn more about the company and the people behind the company.  
EOE Statement We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.  
Email None Specified 

supervisorUID None Specified 


This position is currently not accepting applications.

To search for an open position, please go to http://TheMoneySource.appone.com



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