NMLS #113856

WHY WE’RE DIFFERENT:

Princeton Mortgage isn’t like other mortgage companies. We’re defined by our culture, our values, and our objectives. We foster an environment where motivated people can thrive, and we obsess over giving customers what they want. That’s why we’re ranked in the top 1% for customer satisfaction out of 1,000 financial companies.

 

ESSENTIAL JOB FUNCTIONS:

• Underwrite files in a timely manner in accordance with company, investor, and agency standards.

• Ensure compliance with all secondary marketing, government, and investor requirements.

• Analyze loan applicants’ financial status, credit, assets, ability-to-repay, and collateral appraisal reports in the loan evaluation process as well as evaluating risk factors and offsets.

• Effectively maintain a pipeline of loans with an emphasis on quality, accuracy, and efficiency within the expected service levels.

• Review loan condition documentation as defined by underwriter/lender requirements, and update information on the loan operation system.

• Establish and maintain effective communication with internal and external customers.

• Remain current on knowledge of various company loan programs, products, and investor requirements.

• Interpret and apply required policies and guidelines within regulatory standards.

• Mentor, train, and upskill less experienced underwriters towards achieving higher lending authority.

• Facilitate training, as needed, for Princeton Mortgage’s Sales Partners.

• Perform other duties, as assigned.
   

REQUIREMENTS:

• A minimum of 3-5 years of underwriting experience

• FHA Direct Endorsement (DE) is required (must have had FHA loans insured within the last 12 months)

• VA SAR/LAPP is preferred

• Understanding of agency and investor underwriting guidelines

• Extensive knowledge on tax returns, credit analysis, loan structure, asset, and collateral review requirements

• Experience with risk assessment and application of compliance and regulatory guidelines, including TRID.

• Experience with both AUS-approved and manually underwritten government loans

• Experience with Bond/DPA

• Renovation lending, and RD/USDA Lending is a plus

• Encompass Loan Operating System experience within the last 3 years

• The DE Underwriter must not be an "ineligible participant" as defined in the FHA Handbook 4000.1

 

EQUAL OPPORTUNITY EMPLOYER:
Princeton Mortgage is proud to be an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

 

APPLY NOW:

Submit your resume and cover letter to Careers@princetonmortgage.com for consideration.