Remote Mortgage Underwriter

Summary

Mutual of Omaha Mortgage is a full-service lending company offering various mortgage products. They are seeking an Underwriter to join their Operations Team. The Underwriter will evaluate and underwrite HECM reverse mortgage loan files in accordance with company policy and FHA HECM guidelines. The job requires at least 4 years of mortgage loan underwriting experience, preferably with reverse mortgage experience and a Bachelor's degree. Benefits include medical, dental, and vision insurance, company-paid life insurance, 401K with generous employer match, free legal services, an employee loan program, and more.

Requirements

• Minimum 4 yrs in mortgage loan underwriting required
• Excellent computer skills and knowledge of MS Office products
• Strong customer service and time management skills a must

Responsibilities

• Accurately evaluate and underwrite HECM reverse mortgage loan files submitted by retail and wholesale production channels, in accordance with company policy and FHA HECM guidelines
• Review all aspects of the loan file, including title and appraisal reports
• Set the terms for approval and compliance or identify reasons for rejection
• Ensure regulatory compliance and completeness
• Effectively communicate all loan decisions to sales channels and management, as needed
• Accurately review and input pertinent loan data into operational systems
• Utilize FHA Connection to update loan data as needed
• Work closely with all operational departments to establish productive and efficient work flows

Preferred Qualifications

• Reverse mortgage experience a plus
• FHA Direct Endorsement strongly preferred
• Bachelor’s degree strongly preferred, but not required

Benefits

• Medical, Dental, and Vision insurance
• Company-paid life insurance
• 401K with a generous employer match
• Free Legal Services
• An Employee Loan Program