Review loans for risk analysis and compliance with agency and investor underwriting guidelines. Review loans for risk analysis and compliance with agency and investor guidelines. Render loan approval decisions within appropriate timeframe of 48 hours while meeting quantity and quality standards of at least four new loans per day averaged on a monthly basis in addition to resubmissions and no major exceptions. Use of automated underwriting systems in determining risk, salability and reduced documentation for borrowers and review of data accuracy as input in Destiny, LP and DU. Clear, concise and appropriate conditioning of loans when rendering decisions.
Minimum six months as an Underwriter
Three years in mortgage industry to include at least two years of hands-on pre-underwriting of FHA/VA/Conventional loans
Working knowledge of DU, LP, Total Scorecard
Time Management
Record Keeping Skills
Analysis of loan files
Skill in developing improvements in work method or designing new procedures
Verbal communication
written communication
Adaptability
Problem Solving Skills
Multi-tasker
According to JobzMall, the average salary range for a Mortgage Underwriter is $40,000 to $80,000 per year. This salary range depends on the experience of the underwriter, the size of the company, and the location of the job. The salary range may also vary depending on the type of mortgage underwriting being done and the type of company the underwriter is working for.
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Lennar Corporation is a home construction and real estate company based in Miami, Florida .Lennar Corp. provides real estate related financial services, a commercial real estate investment, investment management and finance company through its Rialto segment and a developer of multifamily rental properties in select U.S. markets primarily through unconsolidated entities. The company grouped its homebuilding activities into five reportable segments: Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida and Homebuilding Houston.

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