Mortgage Underwriter - Reverse

Company: Mutual of Omaha Mortgage
Location: Rancho Cordova
Posted on: June 7, 2021

Job Description:

Mutual of Omaha MortgageMortgage Underwriter - ReverseMutual of Omaha Reverse Mortgage - Full TimeMutual of Omaha is a Fortune 400 Company. Mutual of Omaha Mortgage is inspired by hometown values and a commitment to being responsible and caring for each other. We exist for the benefit of our customers and employees.Mutual of Omaha Mortgage is a full service lending company offering both Forward and Reverse Mortgage products including a complete line of residential mortgage, refinancing, specialty, and HECM loans. We employ a knowledgeable staff of experienced Loan Officers with an operations team that is second to none. If you are interested in joining a team that promotes from within and works together toward a common goal of helping customers with their mortgage needs please review and apply for our opening below!We offer an extensive compensation package. Benefits include Medical, Dental, and Vision insurance, company paid life insurance, 401K with a generous employer match and additional benefits such as Free Legal Services and an Employee Loan Program. Mutual of Omaha Mortgage is an Equal Opportunity Employer and we encourage diverse, talented, qualified applicants to apply.We are seeking Reverse Underwriters to join our first in class Operations Team!JOB PURPOSE:To accurately evaluate and underwrite HECM reverse mortgage loan files submitted by retail and wholesale production channels, in accordance with company policy and FHA HECM guidelines.DUTIES AND RESPONSIBILITIES:Evaluate risk in accordance with all HECM FHA guidelines and company policiesReview all aspects of the loan file, including title and appraisal reportsSet the terms for approval and compliance or identify reasons for rejectionEnsure regulatory compliance and completenessEffectively communicate all loan decisions to sales channels and management, as neededAccurately review and input pertinent loan data into operational systemsUtilize FHA Connection to update loan data as neededWork closely with all operational departments to establish productive and efficient work flowsComplete required checklists and worksheetsQUALIFICATIONS:Minimum 4 yrs in mortgage loan underwriting (reverse underwriting preferred)FHA Direct Endorsement strongly preferredBachelors degree strongly preferred, but not requiredExcellent computer skills and knowledge of MS Office productsStrong customer service and time management skills a mustHighly motivated and determined to succeed in a competitive, time sensitive industry

Keywords: Mutual of Omaha Mortgage, Rancho Cordova , Mortgage Underwriter - Reverse, Other , Rancho Cordova, California