PennyMac Loan Services, LLC

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Mortgage Underwriter

at PennyMac Loan Services, LLC

Posted: 11/20/2019
Job Reference #: 10739

Job Description

  • Requisition ID
    US-MO-St. Louis
    Position Type
    Bachelor's Degree
    Years of Experience
  • Overview

    Ensures that the assets reviewed meet all applicable investor guidelines, through a complete knowledge of requirements and regulations. Held accountable for quality and accuracy of decisions.

    Job Description

    • Decisions full range of mortgage loans, preferably including FHA loans
    • Review all mortgage applications and documentation for accuracy and completeness
    • Work with clients to prepare mortgage applications and related documentation as needed, help resolve any outstanding issues
    • Work with compliance officers to ensure Federal, State, and local compliance of all mortgage and loan materials
    • Approve or deny mortgages on a timely basis
    • Ensure the quality and accuracy of each loan
    • Perform other related duties as required and assigned
    • Demonstrate behaviors which are aligned with the organization’s desired culture and values

    Ideal Candidate will have the following:

    • Min 3 years of mortgage underwriting experience required
    • Solid knowledge of mortgage underwriting and of basic automated underwriting systems.
    • Demonstrated computer skills, including proficiency with basic automated underwriting systems
    • Knowledge of mortgage laws and regulations required, including Home Mortgage Disclosure Act
    • Knowledge of state and federal agency mortgage loan guidelines and regulations helpful
    • Organized and detail oriented
    • Ability to effectively prioritize workload and meet deadlines
    • Ability to maintain confidentiality of sensitive information
    • Strong communication skills, both verbal and written

    Years of Experience:



    Bachelor's Degree
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