Underwriter III - Chase Mortgage Banking - Downers Grove, IL

Job description

As an underwriter, you will be responsible for the analysis of submitted file for Capacity, Capital, Character, Collateral, and Condition. This includes ensuring that loan request meets program and product specifications or counter-offer to different product and/or program when appropriate. In addition, you will communicate decision (approval, suspense, denial) to appropriate individuals within JPMorgan Chase, uphold fair lending practices of JPMorgan Chase Mortgage, meet targets for productivity, quality, and customer satisfaction, and perform second review of contract underwritten denials.

Desired profile

·Minimum of one year experience as an underwriter
·Minimum of two years in the mortgage lending business
·Demonstrated expertise in Government, Agency (FHA/VA), and Jumbo guidelines
·High level knowledge and understanding of government lending. Generally working to obtain the government designations (DE, VA Auto/Lapp)
·Excellent analytical and decision making skills
·Strong verbal and written communication skills
·Ability to communicate well in difficult situations
·Strong negotiation skills
·Thorough knowledge of complex personal and business financial analysis and is proficient at cash flow and Adjusted Growth Income (AGI) self-employed income analysis and corporate tax returns.
·Minimum of one year experience in underwriting first and/or second mortgages.
·Demonstrated experience in underwriting both manually and through the use of automated underwriting systems.
·Thorough knowledge of Mortgage Insurance policies