The Underwriter is responsible for the evaluation of the borrower(s) overall creditworthiness. These operations include, but are not limited to, evaluating the mortgage loan application and documents provided by the customer in a timely manner, ensuring loans adhere to investor guidelines, managing pipeline and ensuring all applications are within SLA, responding and providing status information to all other internal interested parties. The Underwriter is responsible for rendering loan approvals or declines based on investor and agency guidelines and overlays. 

As a Underwriter, you will: 

  • Maintain daily pipeline management and team SLAs
  • Meet all quality metrics as communicated by management
  • Sustain proficiency in all investor and company guidelines 
  • Ensure adherence to policies, guidelines and procedures as well as compliance regulations (HMDA, TILA, RESPA, HOEPA, FCRA and ECOA) and credit guidelines 
  • Assist with renegotiation of loans base on credit guidelines 
  • Analyze and review financial statements, credit reports and all other applicable documentation in order to render a firm underwriting decision 
  • Ensure achievement and maintenance of performance standards to keep loans flowing into appropriate loan operations queues
  • Coordinate with other Mortgage Loan Operations contacts to ensure work distribution and pipeline managers provide optimal service level agreements
  • Provide training and advisement and help aid in performance improvement and development of fellow underwriters
  • Assist with QA/QC reviews and rebuttals
  • Communicate, demonstrate and inspires others to incorporate Opendoor’s vision and core values in daily activities

What you will bring: 

  • Five(5) years of Mortgage Underwriting experience 
  • Thorough understanding of Government (FHA, VA) and Conventional (Fannie Mae, Freddie Mac) 
  • Strong analytical skills and decision-making ability to make lending decisions and translate guidelines
  • The ability to work independently and as a team; ability to garner support and collaborate with others
  • The ability to motivate and encourage team and peers
  • Strong written and verbal communication skills
  • Strong organizational skills to manage multiple priorities and meet deadlines in a fast-paced work environment
Job Type: Full Time
Job Location: Scottsdale AZ

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