Job Description

Ark Mortgage, a leading home loan lender in New York and New Jersey is looking for a Mortgage Underwriter with 3+ years of Conventional experience. DE/SAR is a plus, but not required. Salary is commensurate with experience.

Principle Duties and Responsibilities

• Underwrite primarily conventional loan applications, ensuring adherence to company and investor guidelines.
• Evaluate and verify applications – determining whether the borrower will be able to repay the loan.
• Review and audit of loan files for completeness and accuracy, analyzing credit documents, including, but not limited to: mortgage applications, credit reports, income documents, title reports, appraisals and all applicable compliance documents.
• Review all conditions of loan approval and ensure all conditions are satisfied prior to submitting the loan to the closing.
• Prior to declining any loan, review the decision with supervisor in an attempt to find alternative solutions.
• Communicate the results of loan underwriting decision to the originating personnel
• Coach/counsel originators and/or mortgage loan personnel in the interpretation and application of underwriting guidelines and provide guidance and recommendations.
• Assist when required to satisfy any post-closing issues.

Experience Required

3-4 years