First Option is seeking qualified DE and SAR underwriters in the Atlanta area to identify, analyze and evaluate loan risk by underwriting Conventional, FHA, and VA loans to investor and agency underwriter guidelines.
Duties & Responsibilities:
- Reviews loan application and supporting documentation according to company and specific investor guidelines.
- Evaluates applicant's employment, debt and income.
- Quickly assess risk and makes quality decisions.
- Reviews and clears conditions as needed to complete loan file.
- Reviews loans which receive an Approve or refer of caution to determine if there is an ability to issue an approval based on the credit risk of the loan. Suggests alternative loan programs by restructuring the loan.
- Ensures documents are consistent and upholds to company and industry guidelines.
- Thorough understanding of loan products and loan documents.
- Complete understanding of underwriting guidelines.
- Serves as a resource to difficult problems and questions.