Note: The job is a remote job and is open to candidates in USA. Ross Mortgage Corporation is seeking a Junior Mortgage Underwriter to evaluate loan applications for creditworthiness. The role involves reviewing documentation to ensure compliance with investor guidelines and underwriting Conventional loans.
Responsibilities
- Evaluating a loan application for creditworthiness
- Determining if the loan is an acceptable risk for Ross Mortgage
- Reviewing all documentation (Capacity, Credit, Cash, Collateral) to ensure that it meets investor guidelines for resale in the secondary market
- Underwriting and clearing all conditions for Conventional loans
- Having a thorough knowledge of FNMA and FHLMC standards
Skills
- Evaluating a loan application for creditworthiness
- Determining if the loan is an acceptable risk for Ross Mortgage
- Reviewing all documentation (Capacity, Credit, Cash, Collateral)
- Ensuring that documentation meets investor guidelines for resale in the secondary market
- Underwriting and clearing all conditions for Conventional loans
- A thorough knowledge of FNMA and FHLMC standards is required
Company Overview
Ross Mortgage Corporation is a banking firm that specializes in home loans and mortgage services in Louisiana. It was founded in 1949, and is headquartered in Troy, Michigan, USA, with a workforce of 51-200 employees. Its website is http://rossmortgage.com.