Underwriter (Wayne, Pa)

OverviewPay: $***** - $***** per hour (based on experience)autoMHatic Financial is a private equity-backed lender specializing in Manufactured Home loans.Formerly known as Tammac Holdings, we've originated over $1 billion in loans over 40 years.We're innovators – launching groundbreaking products and leveraging technology to bring speed, service, and solutions to our customers and partners, including a loan decision within a minuteOur goal is to revolutionize the Manufactured Housing industry.At autoMHatic Financial, we are focused on transforming financial services through automation, innovative products, and technology to redefine speed, service, and solutions for our customers.We offer instant loan decisions and a cutting-edge mobile app, driving change in the Manufactured Homes lending space.Explore our career opportunities today.Summary:An underwriter evaluates and assesses risks associated with loans and other financial products to determine eligibility for financing.They analyze data, financial statements, and other information to make informed decisions that align with company policies and regulatory requirements.ResponsibilitiesReceives and processes loan applications for both consumer and mortgage manufactured home loansUtilize internal and external loan operating systems to ensure accurate data entryUnderwrite loans in accordance with investor and client guidelines, utilizing AUS or manual guidelines for programs including FHA, FNMA, VA and USDA Rural DevelopmentMaintain a solid understanding of all relevant state and federal laws and regulationsMaintain current knowledge of client and investor requirementsPerform complete and in-depth review of loan files including income, assets, credit and collateralCalculate debt-to-income ratio by reviewing pay stubs, W-2s and/or tax returns as necessaryIdentify and clear red flags or alertsIssue loan decisions and condition files accordinglyReview and approve conditions for compliance and completion of loan fileCoordinate and prepare mortgage loan documents and adverse action notices, delivering within required timelinesResolve pre- and post-closing issues as they relate to underwritingAssist Processors/External Sales Staff/Manufactured Housing Dealers and Realtors in understanding underwriting decisions and conditionsProvide outstanding customer service to internal and external clientsComply with updates and changes to loan programs and proceduresMaintain all records in accordance with company procedures and file documentation appropriatelyRequired Skills/AbilitiesAbility to work independently and problem solveProfessional attitude and behaviorEffective verbal and written communication skillsExcellent interpersonal and customer service skillsStrong organizational skills and attention to detailExcellent time management skills with the ability to prioritize tasks to meet deadlinesAbility to function in a high-paced environment and work as part of a dynamic, productive teamGood analytical skillsProficient with Word, Excel, & OutlookEducation and ExperienceMinimum of 2 – 4 years lending experience in both mortgage and consumer lendingStrong knowledge of income calculations, tax returns, reading credit reports, identifying red flagsBasic knowledge of appraisal and ability to recognize red flags and ineligible propertiesAbility to review legal documentation, title reports, insurance policies, flood certificatesExperience in Microsoft Word and Excel, with ability to develop working knowledge of other programs and systemsAbility to identify problems and develop procedures to resolve or correct situationsPhysical RequirementsProlonged periods of sitting at a desk and working on a computer.Must be able to lift up to 15 pounds at times.ScheduleMonday to FridayBenefitsHealth InsuranceLife InsurancePaid time offVision Insurance401KWork LocationIn person at office in Wayne, PA.This is NOT a remote or hybrid role.Application InformationDepartment: OperationsThis is a non-management positionThis is a full-time positionPersonal Information* First name* Last name* EmailAddressCityStateZip code* Phone numberAttachments* Attach your Resume Attach Dropbox Paste Attach a Cover letter Attach DropboxOther InformationHow did you hear about this position?#J-*****-Ljbffr