Job Title: Senior Underwriter | Agency | Gov't
Reports To: Director of Credit
Department: Underwriting

About Arcstone Financial
Arcstone Financial is a dynamic mortgage company dedicated to providing exceptional financial solutions. We are committed to the highest standards of service, efficiency, and integrity.

Job Summary
Arcstone Financial is seeking an experienced Senior Underwriter to join our team. This role is responsible for the prudent underwriting of conventional and FHA/VA mortgage loans in accordance with the company and investor guidelines. The Senior Underwriter will be responsible for examining loan documentation for accuracy and completeness in a prior approval environment, as well as finding solutions and rendering underwriting decisions for loans originating through wholesale and correspondent channels and subsequent clearing of conditions to ensure product guidelines are met.

Key Responsibilities

• Completes a thorough analysis of loan files to determine compliance with company, investor, and FHA/VA guidelines.
• Evaluates the entire credit package and collateral for residential mortgage loans and ultimately ensures an “investment” quality loan product.
• Checks accuracy of all calculations.
• Assists with the training of new underwriters.
• Recommends the loan disposition to the underwriting manager for loan amounts in excess of authority limitation.
• Maintains the company standard for productivity level and complies with company policy of 48 hour underwriting turnaround time and 48-hour turnaround time for clearing conditions.
• Communicates decisions on loans to appropriate parties both verbally and in writing.
• Maintains underwriting activity logs and provides monthly underwriting reports to the Director of Credit.
• Available to processors and correspondents for general guideline interpretations and questions on specific loan files.
• Responds to post closing reviews and audits in a timely fashion.
• Perform related tasks and additional responsibilities as directed by the Director of Credit or assigned by senior management.

Skills Requirements

• 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. 
• Minimum of 2 years of experience working with Encompass - Ellie Mae.

Experience | Education

• High school diploma or equivalent (bachelor's degree preferred).
• Minimum three years of current mortgage underwriting experience, with solid working knowledge of underwriting guidelines. 
• Experience with private investors and private mortgage insurance guidelines.

Benefits | Travel

• Some required.
• Competitive salary and benefits package.
• Opportunities for professional growth and development.
• A supportive and dynamic work environment.