Mortgage QC UnderwriterLocation: Cincinnati, OH FTE onlyThe Mortgage QC Underwriter is responsible for rendering QC on closed loan files. He has to check that credit decisions on incoming applications consistent with underwriting policies, underwriting mortgage commitments, and verifying supporting documentation as submitted by applicants.• Analyze income & employment, credit strength, property appraisal, check over debt to income (DTI) and Loan to Value (LTV) and all other information pertinent to the credit decision process on each mortgage application, as presented by the applicant.• Underwriter to validate that a prospective mortgagor’s loan application adheres to the lenders, Investors (Freddie or Fannie Mae’s) and guidelines of applicable government agencies to approve the loan.• Analyzing the risk involved in approving a loan to determine whether or not it is acceptable to the lender.• Mark errors for any deficiencies observed on the loan• Verify accuracy of supporting employment documents, source of down payment/reserves, appraisal value and property title commitment received.• Review of legal documents, if present, to ensure the accuracy & completeness.• Identify the mortgage insurance requirement (MI) and follow the MI guidelines, if applicable.
Mortgage QC Underwriter in cincinnati at Unknown Company
This position is listed as full time and onsite.