Mortgage Underwriter - TRID experience

Job Description

Conventus Mission and Vision

Conventus is an asset-based business purpose lender and asset management company based in San Francisco, CA. We are a small but growing team of experienced mortgage professionals creating a highly responsive, fast, and no hassle lending platform for property developers and real estate professionals to obtain loans for their projects quickly and seamlessly. Our mission is to delight every customer and ensure quality and trust in every interaction in which we engage. Diversity of experiences, perspectives, skills, and cultures is core to our mission and team.

Position Full-Time, Salaried, Performance-Based Bonus

As Mortgage Underwriter, you will be the gatekeeper to our company’s success in executing upon our mission to our clients and investors. We are searching for an ethical and highly detail-oriented, organized experienced mortgage underwriter professional with the desire to go the “extra mile” and grow with our company. This is a fantastic opportunity to be a key member of our team that is critical to ensuring the integrity and thoroughness of our loan origination process during a pivotal stage of our company’s development.

RESPONSIBILITIES

The underwriter will review the loan application and evaluate:

• The borrower’s income relative to financial obligations
• The adequacy of the credit quality and borrower qualifications
• The sources of funds and assets 
• The security property
• The loan terms, LTV and ratios making sure they meet the program guidelines
• Run file through AUS (LP/DU/DO) when applicable
• Review application in LOS for accuracy
• Notify processor and loan officer of decision made. Approve loan in accordance with appropriate terms and conditions, counter-offers if the term does not meet company Lending’s standards and guidelines, or deny the loan
• Reviews and clears all conditions
• Maintains current knowledge of all loan products and origination requirements
• Ensures accuracy of loan disclosures and documentation
• Loan needs to be restructure, it will be returned to sales manager with explanation

Qualifications

Skills

• Proficient in running and analyzing AUS (DU/LP/DO)
• Independent thought process
• Superior time management skills
• Excellent attentiveness and information retention
• Proficient detail-oriented communicator and listener
• Ability to prioritize and meet deadlines

Character

• Ethical
• Team player
• Dependable
• Personable
• Flexibility and responsiveness to adapt quickly to changing customer requirements
• High level of passion and motivation for learning new skills

Education and Experience

• 4+ years of mortgage or lending underwriter experience
• TRID experience a MUST
• Strong understanding of mortgage process flow from processing to closing
• Prior loan processing and underwriting experience preferred but not required
• Bachelor’s degree
• DE/LAPP certifications preferred

Conventus Benefits

• Integrated PTO annually
• Health Benefits (Health, Vision, Dental)
• Life Insurance Coverage
• Pre-tax commuter fund
• Pre-tax medical fund
• SimpleIRAs