Company Mission
Orion Lending is a Nationwide Mortgage Banker, founded by proven industry leaders, who bring a legacy of success and ambition to the Mortgage Banking industry. At the core of our business philosophy is a commitment to extraordinary service, honesty, and clear communication. Our team is comprised of highly seasoned professionals who share Orion Lending's objective to revolutionize our partners' expectations. At Orion Lending, we combine innovative technology, a wide array of products and competitive pricing, to assist our network of originators grow and develop their referral business and clientele.
Position Summary
Responsibilities for the conventional underwriter will include performing a variety of mortgage loan documentation duties on conforming loan packages and complex loans, using comprehensive knowledge of policies and procedures for loan products. Underwrites mortgage loan applications and evaluates loans in order to maximize organizational profit and minimize risk or loss. Relies on extensive experience and judgment to plan and accomplish goals.
Specific Duties and Responsibilities
· Review and analyze loan applicants' credit histories, financial statements, and other financial information to make quality decisions on loans
· Work with team members to identify potential solutions/exceptions for denied loan files
· Interpret and analyze complex tax returns andfinancial documents
· Demonstrate ability to comprehend program changes and new program guidelines; Implement new changes in daily production immediately with minimal error rate
· Provide superior customer service to both internal and external customers
· Maintain knowledge of available loan products
· Stay up to date on program and investor guidelines
· Adhere to confidentiality standards as outlined by security policies
· Mentor Underwriter I’s when required
· Utilize DU and LP underwriting systems
· Use a computer to enter, access, and retrieve financial data
· Develop constructive and cooperative working relationships with others and maintain them over time.
· Actively participate in discussions to help the department run more efficiently
· Must be able to work overtime as required
· Other duties as assigned
Preferred Qualifications and Experience
· A minimum of two years of mortgage loan underwriting experience
· Extensive knowledge and experience with DU and LP underwriting systems
· Ability to underwrite in a production environment involving minimum quotas
· Thorough understanding and familiarity with FNMA/FHA/VA guidelines and a complete knowledge of loan products
· Ability to maintain quality control standards while maintaining production expectations defined by the company
· Ability to exhibit professional verbal and written communication skills via email, mobile devices, and in person utilizing proper spelling, composition, and grammar
· Ability to multi-task, prioritize responsibilities, and work well under pressure with minimal supervision
Physical and Work Conditions
Standard office environment, equipment and tasks, including work at a computer terminal. This position requires partial sitting and walking throughout the day. Employees must be open to working overtime to complete assigned tasks.
Job Description Acknowledgement
I have read and reviewed this job description and I understand all essential job functions, duties, and responsibilities and can perform the functions outlined. I understand that my job may change on a temporary basis according to the needs of business.
Company Mission
Orion Lending is a Nationwide Mortgage Banker, founded byproven industry leaders, who bring a legacy of success and ambition to the Mortgage Banking industry. At the core of our business philosophy is a commitment to extraordinary service, honesty, and clear communication. Our team is comprised of highly seasoned professionals who share Orion Lending's objective to revolutionize our partners' expectations. At Orion Lending, we combine innovative technology, a wide array of products and competitive pricing, to assist our network of originators grow and develop their referral business and clientele.
Position Summary
Provide prompt and efficient service to brokers as liaison between underwriters, appraisal reviewers, account managers, account executives, and closers. Manage assigned pipelines, queues, & reports to ensure timely and efficient action. Work closely with Operations to request and validate documentation to properly satisfy loan requirements.
Specific Duties and Responsibilities
· Manage assigned pipeline/queue to ensure adherence to company lending and service standards.
· Communicate with vendors to facilitate requests for loan requirements.
· Provide support for brokers on orders, payment research, & account management.
· Maintain clear, consistent line of communication between the broker, underwriter, Acct. Managers, and Account Executives.
· Remain current on company requirements andensure compliance.
Preferred Qualifications and Experience
· Strong organization and communication skills
· Basic understanding of residential mortgage loan terminology, credit process and documentation.
· Abilityto maintain quality control standards while maintaining production expectations defined by the company
· Ability to work with minimal supervision, assume multiple tasks and establish priorities to meet service standards
· Functional knowledge of Encompass software.
· Provide industry leading service to our Broker Partners and Account Executives
Physical and Work Conditions
Standard office environment, equipment, and tasks, including work at a computer terminal. This position requires partial sitting and walking throughout the day. Employees must be open to working overtime to complete assigned tasks.
Job Description Acknowledgement
I have read and reviewed this job description and I understand all essential job functions, duties, and responsibilities and can perform the functions outlined. I understand that my job may change on a temporary basis according to the needs of business.