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…
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$75k–$85k/yr
Full-time
bachelor degree
Medical Insurance, Dental Insurance, Vision Insurance, Life Insurance, Short-term Disability, Long-term Disability
Posted 13d ago
Apply by Jul 25
~40 hrs/week
Remote in United States
Responsibilities
The Underwriter performs thorough analysis of loan files and credit packages to ensure compliance with company and investor guidelines. They are responsible for maintaining productivity standards, communicating loan decisions, and assisting in the training of new underwriters.
Requirements
Candidates must have at least three years of mortgage underwriting experience and a solid understanding of private investor and PMI guidelines. A bachelor's degree in a related field or equivalent professional experience is required.
Full job description
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. We are proud to say PRMG offers industry leading stability and security. Over 25% of our total operational staff at PRMG has been with our company for over 10 years of more! 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.
PRMG offers a comprehensive benefits package for our full-time employees and their dependents, which includes medical, dental, vision, life insurance, short-term disability, long-term disability, a Health Savings Account (HSA), a Flexible Spending Account (FSA), and various other products, based on benefits eligibility, elections, and employee premiums. Upon hire, you will be eligible to enroll in all our company-sponsored benefit programs (Medical, Dental, Life, and Voluntary) on the first of the following month. After completing 60 days, you will be eligible to enroll in our 401(k) program on the first of the following month. Additionally, eligible employees may apply for job openings through PRMG’s Internal and External Job Portal to request a transfer to a different department or position.
Responsibilities
Mortgage Underwriter Responsiblities
Underwriter completes a thorough analysis of loan files to determine compliance with company and investor guidelines.
Underwrites the entire credit package and collateral for residential mortgage loans and ultimately ensures an “investment” quality loan product.
Checks accuracy of all calculations and data integrity. Completion of all required underwriting worksheets found in Fast Trac 360 Resource Center.
Assists with the training of new underwriters. - Recommends the loan disposition to underwriting manager for loan amounts in excess of authority limitation.
Maintains company standard for Underwriter productivity level, and complies with company policy of 48 hour underwriting turnaround time and 24 hour turnaround time for clearing conditions.
Strives to meet 3 Underwriting decisions/day within allotted time - Communicates decision on loans to appropriate parties both verbally and in writing.
Maintains underwriting activity logs and provides monthly underwriting report to underwriting manager.
Available to processors and correspondents for general Underwriter guideline interpretations and questions on specific loan files.
Responds to post closing reviews and audits in a timely fashion.
Performs related duties, as directed by Underwriter or Operations Manager.
Qualifications
Mortgage Underwriter Qualifications
Minimum three years of mortgage underwriting experience, with solid working knowledge of underwriting guidelines.
Experience Underwriting private investor and private mortgage insurance guidelines.
Strong interpersonal-communication and business-relationship skills.
Detail oriented with strong organizational and follow-through skills.
Excellent analytical, written communication and verbal communication skills.
Technologically proficient.
Bachelor’s degree in related field or equivalent professional experience.
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.
PRMG is licensed and approved to lend in 48 states and District of Columbia (excluding NY and WY).
Industry
Loan Brokers
Company size
11-50 employees
Founded
2022
Headquarters
Maryland, United States
LinkedIn followers
15
Since 2001, Paramount Residential Mortgage Group Inc. (PRMG) continues to be a Top 25 Leading Lender in the mortgage industry. As a privately held mortgage company and residential home lender, PRMG has successfully helped many borrowers purchase and refinance their homes throughout the United States.
Our goal is to provide customers with a 'Path to Pivot' to more consumer facing activities and modern lending technology. This includes innovative products and industry-leading customer service levels
Offices: 6100 Westchester Park Drive Suite CU-2 College Park,, Maryland, United States 20740, UY
How much do Finance & Accounting jobs in California pay?
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