Nations Lending
Nations Lending Corporation is one of the fastest-growing mortgage lenders in the US. We’re headquartered in the Cleveland, Ohio area and licensed to lend in all 50 states. With more than 90 branches, we employ more than 1,000 talented people.
We empower our employees to pursue their career goals by supporting their unique and creative ideas while making our mission of "home loans. made human." an integral part of our company culture. We want you to Join The Nation!
The Underwriter Level III is responsible for analyzing submitted conventional, USDA, FHA Total Scorecard and Manual, VA Test Cases, HMFA/DPA Products for repayment capacity, capital, character, collateral, and property condition while adhering to Nations Lending Corp credit policies, agency guidelines, and investor overlays.
Essential Functions
Review initial submission loan files for completeness, accuracy, and compliance with Company, Agency, and/or Investor guidelines. Review and clear conditions. Develop and maintain up-to-date knowledge of multiple loan product guidelines offered by the Company, DU/LP Guidelines, and risk assessment tools used to decide mortgage loans. Rework loans to new terms, identify additional conditions as needed to ensure a viable credit decision. Review and evaluate borrower profiles, including income documentation, tax returns, credit reports, preliminary title reports, judgments, bankruptcy documents, and appraisals. Analyze and calculate income documentation such as personal and business income statements, ensuring all necessary documentation is requested to support final loan decisions. Exercise good judgment, conduct reasonableness tests, and issue quality decisions. Determine accuracy and completeness of files; ensure processes are consistent. Demonstrate proficiency in automated underwriting systems (DU/LP). Maintain pre-established decision timeframes set by the Company. Communicate regularly with sales team, processors, and management. Assist in preparing responses for repurchase requests and rebuttal reviews. Use all automated underwriting engines to review, analyze, and underwrite first mortgage loan files. Verify chain of title meets agency requirements and ensure no unpaid liens or judgments. Qualifications and Education Requirements
Bachelor’s Degree or equivalent education and underwriting experience. 3+ years of recent mortgage underwriting experience. Ability to prioritize and organize effectively. Excellent problem resolution and consultative skills. Encompass LOS experience is a plus. Ability to work in a fast-paced, fluid environment and meet minimum production standards. Strong computer skills; proficient in Microsoft Word, Excel, Outlook, DU/LP AUS systems. Skilled in professional written and verbal communication. Detail-oriented, critical thinker, with strong analytical skills and customer service orientation. Integrity and outstanding work ethic required. Nations Lending expressly prohibits discrimination or unlawful harassment based on race, color, religion, gender, national origin, age, genetic information, disability, veteran status, sex (including marital status, family status, pregnancy, sexual orientation, gender identity or expression). The company strictly prohibits retaliation against individuals raising concerns about equal employment opportunities.
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Review initial submission loan files for completeness, accuracy, and compliance with Company, Agency, and/or Investor guidelines. Review and clear conditions. Develop and maintain up-to-date knowledge of multiple loan product guidelines offered by the Company, DU/LP Guidelines, and risk assessment tools used to decide mortgage loans. Rework loans to new terms, identify additional conditions as needed to ensure a viable credit decision. Review and evaluate borrower profiles, including income documentation, tax returns, credit reports, preliminary title reports, judgments, bankruptcy documents, and appraisals. Analyze and calculate income documentation such as personal and business income statements, ensuring all necessary documentation is requested to support final loan decisions. Exercise good judgment, conduct reasonableness tests, and issue quality decisions. Determine accuracy and completeness of files; ensure processes are consistent. Demonstrate proficiency in automated underwriting systems (DU/LP). Maintain pre-established decision timeframes set by the Company. Communicate regularly with sales team, processors, and management. Assist in preparing responses for repurchase requests and rebuttal reviews. Use all automated underwriting engines to review, analyze, and underwrite first mortgage loan files. Verify chain of title meets agency requirements and ensure no unpaid liens or judgments. Qualifications and Education Requirements
Bachelor’s Degree or equivalent education and underwriting experience. 3+ years of recent mortgage underwriting experience. Ability to prioritize and organize effectively. Excellent problem resolution and consultative skills. Encompass LOS experience is a plus. Ability to work in a fast-paced, fluid environment and meet minimum production standards. Strong computer skills; proficient in Microsoft Word, Excel, Outlook, DU/LP AUS systems. Skilled in professional written and verbal communication. Detail-oriented, critical thinker, with strong analytical skills and customer service orientation. Integrity and outstanding work ethic required. Nations Lending expressly prohibits discrimination or unlawful harassment based on race, color, religion, gender, national origin, age, genetic information, disability, veteran status, sex (including marital status, family status, pregnancy, sexual orientation, gender identity or expression). The company strictly prohibits retaliation against individuals raising concerns about equal employment opportunities.
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