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Remote Mortgage Condo Underwriter

EXTRA HOLIDAYS - EXTRA PARENTAL LEAVE
Remote: 
Full Remote
Contract: 
Salary: 
60 - 70K yearly
Experience: 
Mid-level (2-5 years)
Work from: 
California (USA), United States

Offer summary

Qualifications:

2-3 years FNMA/FHLMC Condo Underwriting experience required, Thorough understanding of FNMA and FHLMC guidelines, Knowledge of HUD condo requirements desired.

Key responsabilities:

  • Review and approve condo project loans
  • Assess budgets, reserves, and legal documents
  • Process eligibility waivers when needed
  • Collaborate with Fannie Mae’s Condo Project Approval
  • Perform litigation and FHA SUA reviews as necessary
Paramount Residential Mortgage Group Inc. (PRMG Inc.) logo
Paramount Residential Mortgage Group Inc. (PRMG Inc.) Financial Services Large https://www.PRMG.net/
1001 - 5000 Employees
See more Paramount Residential Mortgage Group Inc. (PRMG Inc.) offers

Job description

Logo Jobgether

Your missions

Overview:

We are always searching for talented Underwriters to join our team. One of the biggest benefits about Underwriting with PRMG is that we encourage remote Underwriting, and you can work for us from anywhere in the nation. Lastly, we are big on Work Life Balance and Teamwork here, our Underwriters work on a pod system that creates a positive work environment that allows Underwriters the perfect conditions for success and growth.

Responsibilities:

Job Summary:


Responsible for reviews and approval decisions for condo projects and individual unit loans for Fannie Mae,
Freddie Mac, FHA and jumbo programs

Responsibilities:


• Reviews and decisions condo projects and individual unit loans to agency guidelines
• Reviews all budget, reserves, insurance coverage, deductibles, declarations, by-laws and legal documents
for the project and unit.
• Reviews guidelines and works with Fannie Mae’s Condo Project Approval (CPM)
• Process Project Eligibility Waivers when needed
• May perform litigation reviews
• May perform FHA SUA reviews
• Other duties as assigned

Qualifications:

Experience:


• 2-3 years FNMA/FHLMC Condo Underwriting within mortgage industry, required.
• Thorough understanding of FNMA and FHLMC project review guidelines, technology, eligibility, and process
• Knowledge of HUD condo requirements desired

 

At PRMG, we not only celebrate and support differences, we thrive on it for the benefit of our employees, our products, and our community. We are proud to be a workplace that provides equal employment opportunities to all employees and applicants and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, marital status, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

Min: USD $60,000.00/Yr. Max: USD $70,000.00/Yr.

Required profile

Experience

Level of experience: Mid-level (2-5 years)
Industry :
Financial Services
Spoken language(s):
Check out the description to know which languages are mandatory.

Hard Skills

Soft Skills

  • Teamwork

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