Job Description
Job Type: Full-time
Description
A Mortgage Underwriter is responsible for assessing and evaluating mortgage applications to determine their eligibility for approval. The primary goal of a mortgage underwriter is to ensure that the loans being granted align with the lender's risk tolerance and lending criteria.
What You'll Do
- Review and analyze mortgage applications, supporting documentation, credit reports, and financial statements to assess applicants' creditworthiness and ability to repay the loan.
- Evaluate borrowers' income, employment history, credit history, debt-to-income ratio, and other relevant financial factors to determine if the loan application meets lending guidelines.
- Determine that the prospective borrower not only has the ability to pay but has also proven a willingness to repay their debts, thus limiting the probability of default and collection difficulties.
- Look for complete and accurate i...