Pennymac is seeking a Senior Underwriter who will be responsible for underwriting agency, jumbo, and FHA loans to established company and investor guidelines. This role requires clear communication of underwriting decisions and stipulations to sales, processing staff, and clients.
What You'll Do
- Review all mortgage applications and documentation for accuracy and completeness
- Perform a risk-based review on all loans based on expected performance and ability to repay, aside from GSE or HUD specific requirements
- Input all required information into the underwriting module accurately and within established time frames
- Perform and escalate compliance reviews that fall into the Underwriting purview as required
- Perform other related duties as required and assigned
- Demonstrate behaviors which are aligned with the organization’s desired culture and values
What We're Looking For
- 2+ years experience underwriting borrowers with complex financial and income statements
- 2+ years experience preparing cash flows on partnerships, s-corporations, and corporations
- Experience working with automated loan origination systems
- Proficiency with automated underwriting systems such as Desktop Underwriter and Loan Prospector
- Knowledge of mortgage lending laws and regulations
Technical Stack
- Desktop Underwriter
- Loan Prospector
Benefits & Compensation
- Compensation: $65,000 - $100,000
- Comprehensive Medical, Dental, and Vision
- 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 is a remote position.
Pennymac is an equal opportunity employer.
