About Company
At Career.zycto, we believe in connecting top talent with thriving opportunities in the financial sector. For a Mortgage Loan Underwriter, we offer a supportive and dynamic environment where precision and expertise are not just valued, but essential to our collective success. Joining us means becoming part of a team dedicated to meticulous financial assessment and client satisfaction. We provide the resources and collaborative atmosphere needed for you to excel, innovate, and contribute meaningfully to the housing finance industry. Develop your career with an organization committed to excellence.
Job Description
Career.zycto is seeking a highly skilled and detail-oriented Mortgage Loan Underwriter to join our robust financial services team in East Norwalk, Norwalk. In this pivotal role, you will be instrumental in evaluating mortgage loan applications, ensuring compliance with both internal policies and external regulatory guidelines. We are looking for an individual with a keen analytical mind, exceptional judgment, and a profound understanding of mortgage lending principles. This position requires a proactive approach to risk assessment, a commitment to accuracy, and the ability to work efficiently within strict deadlines. You will be responsible for meticulously reviewing borrower documentation, including income, assets, credit history, and property appraisals, to determine loan eligibility and mitigate potential risks. Our ideal candidate thrives in a fast-paced environment and is dedicated to fostering strong relationships with loan officers and processors to facilitate a smooth and timely loan approval process. If you possess a strong background in mortgage underwriting and are passionate about contributing to a company that values expertise and professional growth, we encourage you to apply.
Key Responsibilities
- Underwrite conventional, FHA, and VA mortgage loans in accordance with agency and company guidelines.
- Perform comprehensive analysis of credit reports, income, assets, liabilities, and property appraisals to assess risk and make sound lending decisions.
- Ensure all loan applications comply with regulatory requirements, including TILA, RESPA, HMDA, and ECOA.
- Communicate underwriting decisions clearly and effectively to loan officers, processors, and applicants, providing solutions where appropriate.
- Collaborate with loan originators and processors to gather necessary documentation and resolve issues promptly.
- Maintain strict adherence to turn-time service level agreements (SLAs) and productivity standards.
- Stay current with industry trends, regulatory changes, and company policies impacting mortgage underwriting.
Required Skills
- Minimum 3-5 years of experience as a Mortgage Loan Underwriter.
- Thorough knowledge of conventional, FHA, and VA underwriting guidelines.
- Proficiency in automated underwriting systems (DU/LP).
- Strong analytical, decision-making, and problem-solving skills.
- Excellent written and verbal communication abilities.
- Ability to manage a pipeline efficiently and meet deadlines.
- High level of integrity and attention to detail.
Preferred Qualifications
- Bachelor's degree in Finance, Business Administration, or a related field.
- DE (Direct Endorsement) and SAR (Staff Appraisal Reviewer) certifications.
- Experience with various loan origination systems (LOS) such as Encompass.
- Familiarity with local housing market trends in Connecticut.
Perks & Benefits
- Competitive salary and performance-based bonuses.
- Comprehensive health, dental, and vision insurance plans.
- 401(k) retirement plan with company match.
- Paid time off, including vacation, sick leave, and holidays.
- Opportunities for professional development and career advancement.
- Supportive and collaborative work environment.
- Modern office space located conveniently in East Norwalk.
How to Apply
Interested candidates are invited to click the application link below to submit their resume and a cover letter detailing their relevant experience and qualifications. Please ensure your application highlights your expertise in mortgage loan underwriting.
