Mortgage Underwriter
Gateway Mortgage Corporation, Plano, TX, United States
Mortgage Underwriter
Responsible for underwriting designated residential loans by analyzing credit data to ensure compliance with investor and company guidelines and requirements. Analyzes loan documentation for accuracy and completeness to assess credit worthiness and adherence to regulatory and compliance requirements. Verifies the income and employment information of loan applicants, reviews the applicant credit history and scores, and examines asset accounts for available funds for mortgage transactions. Analyzes loan documentation to determine credit worthiness and to detect signs of possible mortgage fraud or money laundering. Works with loan originators and production staff to compile required credit documentation. Reviews secondary resubmissions of credit documentation provided and prepare the necessary forms and worksheets to issue credit approval. Communicates credit decisions and answer loan amount questions to address issues on outstanding items required for credit approval. Exercises awareness with regard to possible suspicious activity, money laundering or fraudulent behavior and reports any such incidents to the BSA department. Performs all job functions in compliance with all company policies and federal, state, and local laws and regulations as applicable to the position, including, but not limited to BSA/AML, OFAC and GLBA/privacy rules. Performs related responsibilities as required or assigned.
Responsible for underwriting designated residential loans by analyzing credit data to ensure compliance with investor and company guidelines and requirements. Analyzes loan documentation for accuracy and completeness to assess credit worthiness and adherence to regulatory and compliance requirements. Verifies the income and employment information of loan applicants, reviews the applicant credit history and scores, and examines asset accounts for available funds for mortgage transactions. Analyzes loan documentation to determine credit worthiness and to detect signs of possible mortgage fraud or money laundering. Works with loan originators and production staff to compile required credit documentation. Reviews secondary resubmissions of credit documentation provided and prepare the necessary forms and worksheets to issue credit approval. Communicates credit decisions and answer loan amount questions to address issues on outstanding items required for credit approval. Exercises awareness with regard to possible suspicious activity, money laundering or fraudulent behavior and reports any such incidents to the BSA department. Performs all job functions in compliance with all company policies and federal, state, and local laws and regulations as applicable to the position, including, but not limited to BSA/AML, OFAC and GLBA/privacy rules. Performs related responsibilities as required or assigned.