Associate Underwriter - SameDay Mortgage

Who we are:

Guaranteed Rate Affinity, LLC (“Guaranteed Rate Affinity”) is a joint venture between Guaranteed Rate, Inc (NMLS: 2611) and Anywhere Real Estate Inc.. Through this joint venture, Guaranteed Rate Affinity provides mortgage origination services to the clients of more than 700 Coldwell Banker and select Sotheby’s International Realty offices owned by NRT LLC, a subsidiary of Anywhere and the nation’s largest residential real estate brokerage company. In addition, Guaranteed Rate Affinity markets its services to consumers and unaffiliated realtor referral sources.

What’s the Role?

Guaranteed Rate Affinity is currently seeking a hard-working, dedicated Associate Underwriter to work remotely on our SameDay Mortgage Team.

As an Associate Underwriter, you protect Guaranteed Rate Affinity’s assets. You will coordinate the receipt of credit-qualifying documentation of the borrower and the subject property from the sales force, review for completeness and accuracy, and work with sales force for any necessary additions or clarifications. You will evaluate the credit documents against the loan parameters and guidelines set forth by the Company and/or our secondary market investors and determine if the borrower and the property qualify for the applicable loan. You will either approve, suspend or deny the loan with direction back to the sales force as to why it was suspended/denied and provide guidance on what, if anything, can be done to qualify the borrower for the subject loan or other loan product. Accuracy and organization will be the keys to your success in this high-volume and fast paced environment.

Essential Duties and Responsibilities:

• Complete a thorough analysis of loan files to determine compliance with company, investor, and GSE guidelines
• Evaluates the entire credit package following the checklist for the specific loan types in which they are assigned
• Check accuracy of all calculations and data integrity
• Escalates loans with recommendations on situation that exceeds their lending authority
• Communicates decision on loans to appropriate parties both verbally and in writing
• Strives to meet same day decisions on all submissions - Vanilla Conventional Conforming

Competencies:

• Strong knowledge of State and Federal laws pertaining to the mortgage banking industry: QM, ATR, RESPA, ECOA, AIR, etc.
• Excellent data entry and PC skills
• Excellent customer service with strong attention to detail
• Time Management skills and the ability to prioritize workload based on daily production
• College degree in business related field or previous mortgage experience preferred

Compensation: Base + Bonus + OT

NOTE: This job description is not intended to be an exhaustive list of all duties, responsibilities or qualifications associated with this job. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

Guaranteed Rate Affinity is an Equal Opportunity Employer that welcomes and encourages all applicants to apply regardless of age, race, sex, religion, color, national origin, disability, veteran status, sexual orientation, gender identity and/or expression, marital or parental status, ancestry, citizenship status, pregnancy or other reason protected by law.