Home Loan Government/Conventional Underwriter

A career at The Auto Club Group (ACG) can be satisfying, exciting and rewarding. By aligning your professional development with our business objectives, ACG can help you attain your career goals — and make a difference. Get started by choosing the career that’s right for you.

St. Petersburg, FL

The Auto Club Group

AAA was founded over 100 years ago for the purpose of lobbying for driver and passenger rights, fair laws and safer vehicles — all to better promote the love of the open road and the adventure of driving. Since then, AAA has grown to over 50 million members strong, while providing valuable membership services such as roadside assistance. Additionally, AAA has broadened its horizons to include all types of travel-related services, as well as offer a variety of insurance and financial products and services. Today’s AAA is a national federation comprised of more than 50 individual clubs throughout the United States and Canada. Whether you’re traveling around the world or to the corner grocery store, planning a honeymoon or weekend road trip, learning to drive or in need of a battery boost, the best way to begin your journey is with AAA. http://michigan.aaa.com/

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Full-Time

Competitive Compensation and Benefits Package

Overview: The Auto Club Group (ACG) provides membership, travel, insurance, and financial services offerings to approximately 13.5 million members and customers across 13 states and 2 U.S. territories through the AAA, Meemic, and Fremont brands. ACG belongs to the national AAA federation and is the second-largest AAA club in North America.
Responsibilities: <ul> <li><span style="font-family: Arial; font-size: medium;">Underwrite various types of residential real estate secured loans including FHA and VA loans. <br /></span></li> <li><span style="font-family: Arial; font-size: medium;">Serve as a subject matter expert in residential, FHA, and VA underwriting by providing high-level insight and guidance related to assigned loans.&nbsp; <br /></span></li> <li><span style="font-family: Arial; font-size: medium;">Maintain advanced, in-depth working knowledge of FHA, VA loan underwriting requirements, as well as agency (Fannie Mae, Freddie Mac) underwriting guidelines. <br /></span></li> <li><span style="font-family: Arial; font-size: medium;">Able to handle complex loans with specific investor guideline overlays, and industry trends related to loan underwriting and home equity lending. <br /></span></li> <li><span style="font-family: Arial; font-size: medium;">Maintain familiarity with FHA and VA processing requirements.&nbsp; <br /></span></li> <li><span style="font-family: Arial; font-size: medium;">Responsible for reviewing, analyzing, and auditing complex residential real estate loan transactions for data input accuracy, regulatory compliance, document requirements, and compliance with investor guidelines. <br /></span></li> <li><span style="font-family: Arial; font-size: medium;">Complete cash flow analysis to determine the borrower&rsquo;s cash flow and the overall financial condition of the borrower (i.e.; financial statements, credit reports, applicable rations, etc.). <br /></span></li> <li><span style="font-family: Arial; font-size: medium;">Utilize manual and automated underwriting to determine appropriate conditions and loan decisions according to investor requirements. <br /></span></li> <li><span style="font-family: Arial; font-size: medium;">Review collateral/property appraisals to ensure the documents meet all investor requirements. <br /></span></li> <li><span style="font-family: Arial; font-size: medium;">Ensure the integrity of all state and federal regulations affecting the underwriting and issuance of mortgage credit to borrowers while providing a final line of defense for loan guidelines and regulatory compliance. <br /></span></li> <li><span style="font-family: Arial; font-size: medium;">Approve loans up to lending authority, review, and sign off secondary market loan denials.&nbsp; <br /></span></li> <li><span style="font-family: Arial; font-size: medium;">Escalate loans above authority for appropriate review.&nbsp;&nbsp;<br /></span></li> <li><span style="font-family: Arial; font-size: medium;">Provide input into the development and/or revision of department procedures related to processing residential real estate loans.&nbsp;</span></li> <li><span style="font-family: Arial; font-size: medium;"> Participate in operational initiatives/projects, benchmarks, and metrics reviews focused on meeting department objectives.&nbsp; </span></li> <li><span style="font-family: Arial; font-size: medium;">Assist lower level Underwriters and processing/closing staff when necessary.</span></li> </ul>
Requirements: <strong><u><span style="font-family: Arial; font-size: medium;">Preferred Qualifications:</span></u></strong> <div><u><span style="font-family: Arial; font-size: medium;">Education:</span></u></div> <ul> <li> <p><span style="font-family: Arial; font-size: medium;">Bachelor&rsquo;s degree from an accredited college or university</span></p> <div><strong><span style="font-family: Arial; font-size: medium;">&nbsp;</span></strong></div> <div><span style="font-family: Arial; font-size: medium;">&nbsp;</span></div> <div><strong><u><span style="font-family: Arial; font-size: medium;">Work Environment:</span></u></strong></div> </li> <li><span style="font-family: Arial; font-size: medium;">Work in a temperature-controlled office environment.&nbsp; Willingness and ability to work flexible hours and overtime.</span></li> <li><span style="font-family: Arial; font-size: medium;">Eligible to work remotely or at home</span></li> </ul> <br /><br /> <div><strong><u><span style="font-family: Arial;">Required Qualifications:</span></u></strong></div> <div><u><span style="font-family: Arial; font-size: medium;">Education:</span></u></div> <ul type="disc"> <li><span style="font-family: Arial; font-size: medium;">College coursework in Business Administration or a related field</span></li> <li> <p><span style="font-family: Arial; font-size: medium;">Must currently have and maintain in good standing, a CHUMS ID number and/or a VA LAPP/SAR designation</span></p> <div><u><span style="font-family: Arial; font-size: medium;">&nbsp;</span></u></div> <div><u><span style="font-family: Arial; font-size: medium;">Experience:</span></u></div> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Residential mortgage underwriting of first mortgages sold in the secondary market</span></p> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Underwriting Conventional (conforming and jumbo), FHA, VA and/or USDA loans</span></p> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Underwriting of all types of loans for sale in the secondary market and for portfolio use</span></p> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Processing conventional (conforming and jumbo), FHA, VA and USDA loans</span></p> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Evaluating residential mortgage and home equity lending applications</span></p> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Resolution of title and other underwriting issues</span></p> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Analyzing&nbsp; technical issues and highly-complex data to develop sound conclusions</span></p> </li> <li> <p><span style="font-family: Arial; font-size: medium;">PC software applications&nbsp; including Word and Excel</span></p> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Working with Automated Underwriting Systems</span></p> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Working with Encompass Loan Origination System</span></p> <div><span style="font-family: Arial; font-size: medium;">&nbsp;</span></div> <div><u><span style="font-family: Arial; font-size: medium;">Knowledge and Skills:</span></u></div> <div><u><span style="font-family: Arial; font-size: medium;">&nbsp;</span></u></div> <div><u><span style="font-family: Arial; font-size: medium;">Knowledge of:</span></u></div> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Mortgage and home equity loan/line products, services, pricing, tax and regulatory requirements including FHA and VA regulations and requirements</span></p> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Math concepts to support cash flow analysis</span></p> </li> <li> <p><span style="font-family: Arial; font-size: medium;">FCRA, ECOA and other federal/state regulations regarding the extension of credit</span></p> <div><span style="font-family: Arial; font-size: medium;">&nbsp;</span></div> <div><u><span style="font-family: Arial; font-size: medium;">Ability to:</span></u></div> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Assist with the expansion of the current business plan allowing for the origination and sale of first mortgage loans in the secondary market to multiple investors and the GSEs</span></p> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Assist management in building a growing residential lending business</span></p> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Display sound negotiation skills and good business judgment when working with applicant(s) and outside lien holders to clear underwriting and title issues</span></p> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Underwrite salable residential mortgage and home equity loans/lines</span></p> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Adhere to and provide input for real estate loan processing procedures</span></p> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Provide direction to and/or assist in the development/training of support/processing staff if/when warranted</span></p> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Work effectively with applicants, loan officers, appraisal/title vendors, and other interested parties to resolve underwriting issues</span></p> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Effectively communicate with Senior Management, internal and external customers, and external clients/vendors, etc.</span></p> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Work overtime and/or flexible hours when necessary</span></p> </li> <li> <div><span style="font-family: Arial; font-size: medium;">Travel when needed</span></div> </li> <li> <p><span style="font-family: Arial; font-size: medium;">Obtain and maintain required certification</span></p> <div><span style="font-family: Arial; font-size: medium;">&nbsp;</span></div> <div><strong><span style="font-family: Arial; font-size: medium;">&nbsp;</span></strong></div> <div><span style="font-family: Arial; font-size: medium;">&nbsp;</span></div> </li> </ul> <div> <p><span style="font-family: Arial; font-size: medium;">The Auto Club Group offers a competitive compensation and benefits package including a base salary with performance-based incentives; medical/dental/vision insurance, 401(k), generous time off, a complimentary AAA Membership, and much more!</span></p> <p><span style="font-family: Arial; font-size: medium;">Important Note: The above statements describe the principal and essential functions, but not all functions that may be inherent in the job.&nbsp; This job requires the ability to perform duties contained in the job description for this position, including, but not limited to, the above requirements.&nbsp; Reasonable accommodations will be made for otherwise qualified applicants, as needed, to enable them to fulfill these requirements.</span></p> <p><span style="font-family: Arial; font-size: medium;">The Auto Club Group, and all of its affiliated companies, is an equal opportunity/affirmative action employer.&nbsp; All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, disability, or protected veteran status.</span></p> </div>