Underwriter

Who We Are

ServiceMac is a new sub-servicing entity backed by some of the leading practitioners of the mortgage servicing industry. ServiceMac is focused on providing superior technology, products, and services for the mortgage and real estate industries backed by highly personalized service and support. Through continuous innovation and acquisition, our offerings comprise of personalized solutions that span the mortgage continuum and enhance security, compliance, customer satisfaction, and profitability. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For® list for ten consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all.

What We Do

Provides underwriting support and expertise to support the completion of Assumptions credit qualification in accordance with FHA, VA, USDA, Fannie Mae, and Freddie Mac requirements and in compliance with applicable federal and state laws.

HOW YOU’LL CONTRIBUTE

• Perform underwriting reviews for assumption transactions which require credit qualification..
• Utilizes underwriting standards and guidelines in accordance with applicable investor, agency, federal and client requirements. .
• Provides guidance and collaborate with assumptions processors and other Land Transaction team members in order to process underwriting swiftly and accurately. .
• Incorporate changing guidelines and requirements as they occur.
• Perform manual underwriting in the absence of an LOS (Loan Origination System) or an underwriting system/tool (such as AUS or DU)
• Adhere to required credit decision timelines.
• Other duties as assigned

WHAT YOU’LL BRING

• Required Education, Experience, Certification/Licensure (or prior certification/license)
• High School Diploma required; bachelor’s degree preferred.
• 5-7 years title underwriting experience.
• Must be familiar with real estate law.

KNOWLEDGE, SKILLS, AND ABILITIES (KSAs)

• Strong understanding of fundamental concepts, practices and procedures of originations and assumptions underwriting.
• General knowledge of Federal and State regulations related to mortgage originations and servicing.
• Ability to collaborate and act decisively.
• Detail oriented.
• Excellent listening, verbal, and written communication skills.
• Good organizational skills, able to multi-task, prioritize, and follow up in a timely manner.
• Strong negotiation skills.
• Requires abstract thinking and creative solutions.

The pay range for this role is $86,675.00 - $115,550.00

This hiring range is a reasonable estimate of the base pay range for this position at the time of posting.  Pay is based on a number of factors which may include job-related knowledge, skills, experience, business requirements and geographic location.

Disclaimer
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal work hours and/or responsibilities from time to time, as needed.

What We Offer

By choice, we don’t simply accept individuality – we embrace it, we support it, and we thrive on it! Our People First Culture celebrates diversity, equity and inclusion not simply because it’s the right thing to do, but also because it’s the key to our success. We are proud to foster an authentic and inclusive workplace For All. You are free and encouraged to bring your entire, unique self to work. First American is an equal opportunity employer in every sense of the term.

Based on eligibility, First American offers a comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave and other great benefits like an employee stock purchase plan.