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Mutual of Omaha Mortgage

Mortgage Underwriter

Mutual of Omaha Mortgage, Chicago, Illinois, United States

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Mortgage Underwriter

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Mutual of Omaha Mortgage

Mutual of Omaha Mortgage is a full-service lending company offering forward and reverse mortgage products, including 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.

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.

JOB PURPOSE To accurately evaluate and underwrite mortgage loan files submitted by retail and wholesale production channels, in accordance with company policy and investor guidelines.

DUTIES AND RESPONSIBILITIES

Evaluate risk in accordance with all investor guidelines and company policies

Review all aspects of the loan file, including title and appraisal reports

Set the terms for approval and compliance or identify reasons for rejection

Ensure regulatory compliance and completeness

Effectively communicate all loan decisions to sales channels and management, as needed

Accurately review and input pertinent loan data into operational systems

Utilize FHA Connection to update loan data as needed

Utilize VA portal to update loan or appraisal data as needed

Work closely with all operational departments to establish productive and efficient work flows

Complete required checklists and worksheets

QUALIFICATIONS

Must have DE

Must have FHA Experience

Minimum 3 years of government underwriting experience

Must be familiar with Encompass

Pay range for role varies based on experience - $90,000 - 140,000

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