Conventional Underwriter

Ascendum Solutions provides innovative technology solutions, services and staff augmentation support to clients by leveraging industry expertise, global scale and technology excellence. It’s international delivery capabilities are driven by state-of-the-art delivery centers across the world and supported by modernized business processes.

* Verifies the accuracy and completeness of all information on disclosures provided by Retail and TPO Loan Officers, to include 1003 Application, Loan Estimate, Change of Circumstance, Intent to Proceed and other federal/state disclosures, and meets established lender and regulatory guidelines. * Mortgage underwriters are responsible in deciding to approve or suspend client’s mortgage loans according to relevant information being provided at their loan applications. * A mortgage underwriter verifies employment along with income information, provide reviews on credit history and compute the borrower’s assets and collaterals. * They ensure that the specifications of properties and terms of loans meet the requirements of the financial institution and with the government regulations. * Once loan applications have been thoroughly evaluated and assessments have been made to determine the degree of risk, mortgage underwriters will then document the relevant reasons for the approval or suspension of loans and add the following documentation into its loan file. * Loan files are then returned to a loan committee that reviews it accordingly. * Monitor pipeline to ensure timely disclosure to borrower once all required information is received for application. * Verifies that correct loan template was used, all required fees have been included and Settlement Service Provider is accurately completed. * Communicates re-disclosed documentation in accordance with federal and state regulations and upload into LOS.

* 1 or more years of recent mortgage compliance, auditing, loss mitigation or underwriting experience. * Possess a working knowledge of loan documentation and related compliance issues. * Strong analytical skills. * Excellent written and verbal communications skills. * A strong customer service orientation while demonstrating prioritization, organization, and multi-tasking skills with a sense of urgency.