Pennymac is seeking a Modifications Underwriter Specialist to join our team. In this role, you will serve as a critical first reviewer, examining customer-submitted application documents to either clear conditions or request missing items, preparing files for final underwriting.
What You'll Do
- Follow established guidelines to determine if documentation is sufficient to satisfy underwriting guidelines.
- Review applications for potential fraud, ensuring all 'red flags' are addressed or escalated appropriately.
- Input required information into the underwriting module accurately and within established time frames.
- Revise underwriting conditions to communicate stipulations to customers in a clear and concise fashion.
- Review the Initial Package for Completeness.
- Perform other related duties as required and assigned.
- Demonstrate behaviors aligned with the organization’s culture and values.
What We're Looking For
- Ability to maintain confidentiality of sensitive information.
- Strong communication skills, both verbal and written.
- Excellent critical thinking, problem solving, mathematical skills, and sound judgment.
Nice to Have
- Financial Services experience, ideally within the mortgage industry.
Benefits & Compensation
- Compensation: $40,000 - $60,000
- Comprehensive Medical, Dental, and Vision coverage.
- Paid Time Off Programs including vacation, holidays, illness, and parental leave.
- Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations).
- Retirement benefits, life insurance, 401k match, and tuition reimbursement.
- Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships.
Work Mode
This position requires an onsite work mode.
Pennymac is an equal opportunity employer.



