Lending Underwriter Details

Lending Underwriter

BSI Financial Services - Irving, TX

Employment Type : Full-Time

BSI Financial is a people-focused, growth-oriented, and innovative company. Make a positive change and join our team today.

Join BSI Financial Services as a Lending Underwriter. As an Underwriter, you will complete a thorough analysis of loan files to determine credit worthiness, underwrite according to current guidelines from multiple investors, calculate complex income scenarios, respond to post closing reviews and audits, and assist in other areas as needed.

WHAT’S IN IT FOR YOU:

• Competitive wages
• Full Benefits Package
• Generous Paid Time Off
• Holiday Pay
• 401-K
• Career Growth Opportunities

WHAT YOU WILL DO:

• Complete thorough and accurate analyses and prepare financial statement spreadsheets, determine the credit worthiness of the borrower, prepare a thorough written analysis of the loan request and financial condition of the borrower, assess a proper loan grade, identify exceptions to policy and guide the Credit Approval Document and Memorandum through the loan approval process.
• Requires in depth knowledge of the mortgage rules and regulations, to include understanding the various Standard Operating Procedures manuals for Conventional, Jumbos, FHA and VA loans.
• Working knowledge of Conventional, Jumbos, FHA and/or VA eligibility, structuring, and loan program parameters (and staying abreast of any changes in these programs).
• Prepare spreadsheets of borrower(s) financial statements and tax returns, analyze such documents, provide commentary on financial performance, and work with all investors to ensure proper loan origination.
• Research and analyze financial data, interpret and prepare reports of financial position with recommendations regarding credit worthiness of the borrower and accurate loan grade.
• Train staff on various underwriting issues such as appraisals, credit reports, income calculations, credit guidelines.

WHAT WE’RE LOOKING FOR:

• Minimum of 3 years recent front-end FHA and/or VA Underwriting experience required
• DE and /or LAPP certification highly preferred
• Good working knowledge of FHA and/or VA loan underwriting and relevant legal regulations. Highly organized and able to prioritize
• Good communication skills, both written and verbal
• Detail oriented with strong data analysis skills

Position Type and Expected Hours of Work

This is a full-time position, located in our Irving office. Days and hours of work are Monday through Friday, 8:00 a.m. to 5 p.m. Overtime required as needed.

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.