Mortgage Underwriter - Remote

Description

• Seeking experienced Mortgage Underwriters to join our team and support loan processing for broker clients. This role plays a critical part in evaluating loan applications, ensuring compliance, and driving quality underwriting decisions. With multiple openings available, we are looking for strong, dedicated professionals who are eager to contribute long-term.
• Loan Underwriting: Review and assess files submitted by broker clients, ensuring compliance with FHA, VA, and conventional lending guidelines.
• Approval Process: Work closely with the loan structure and precision income teams to finalize approvals.
• Workflow Coordination: Collaborate within Pennymac’s structured, end-to-end loan process, focusing solely on underwriting scope.
• Compliance & Risk Assessment: Ensure loans meet investor guidelines (FHA UW, HUD UW, VA UW, VA IRRL, VA SAR, TrumsID Registration) and adhere to quality control standards.

Additional Skills & Qualifications

• 3+ years of mortgage underwriting experience required
• Solid knowledge of mortgage underwriting and of basic automated underwriting systems
• Proficiency with basic automated underwriting systems
• Knowledge of mortgage laws and regulations required, including Home Mortgage Disclosure Act
• Knowledge of state and federal agency mortgage loan guidelines and regulations helpful
• (Any loss mitigation or servicing underwriters will be disqualified)
• Strong understanding of FHA, VA, and conventional loan underwriting.

REMOTE, MUST Reside in certain states**

Training is in EST for up to 90 days 11- 6 EST

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