Job Description

Underwriter III
Position : Underwriter III Department : Underwriting Reports To: Underwriting Manager Location: 7450 Campus Drive, Suite 200, Colorado Springs, CO 80920 - Remote Remote : YES or NO Exempt : Non-exempt : Compensation: $ 90,000-100,000 annually

Mortgage Solutions of Colorado, LLC d/b/a Mortgage Solutions Financial (“MSF”) offers a comprehensive benefit package and PTO (paid time off) for eligible employees. The benefit package includes Health, Dental and Vision Insurance, options to participate in a Health Savings Account, Flexible Spending Account, Life and AD&D coverage, voluntary Supplemental Life, voluntary Short-Term, Long-Term Disability and Supplemental insurance. In addition, eligible employees have the option to participate in a company retirement plan. About MSF MSF is a national mortgage lender based in Colorado Springs. MSF strongly believes every client should be served with integrity, dignity, and respect. Without compromise, MSF is committed to providing loans that are in the best interest of our clients, not our bottom line. We will continue to educate the community by empowering our clients to make responsible and informed fiscal decisions that result in greater financial peace of mind. Role Overview To effectively and accurately review and evaluate information regarding mortgage loan documentation to determine if the borrower and/or property meet loan standards. Someone who believes in superior customer service and enjoys working in a high production team environment where integrity and honesty is paramount. Candidates should be prepared for a high-pressure environment that may require extended hours, including evenings and weekends, particularly during peak periods (example but not limited to end of month, spring/summer). Success in this role demands strong time management, resilience under stress, and a commitment to delivering high-quality results under demanding timelines. What distinguishes MSF from other lenders is our commitment to supporting borrowers who may have been declined elsewhere, often due to low credit scores. To ensure these individuals still have access to the opportunity of homeownership, we manually underwrite approximately 70% of our loans.

Essential Duties :

• Complete a rigorous analysis of all loan files to determine full compliance with company, investor, and government guidelines and standards.
• The entire credit package and collateral for residential mortgage loans to ultimately ensure the delivery of an "investor-quality" loan product.
• Ensure the accuracy of all calculations related to loan terms, ratios, and risk assessment.
• Maintain and continually exhibit a deep working understanding of automated underwriting systems and their associated guidelines.

• Clearly and promptly communicate loan decisions (approval, suspense, or denial) to all appropriate internal and external parties, both verbally and in writing.
• Serve as a subject matter expert for Processors and Loan Officers, providing timely guidance on general guideline interpretations and resolving questions related to specific loan files.
• Provide superior customer service to all internal teams and external stakeholders.
• Performance and Reliability
• Meet or exceed established production goals while consistently maintaining stringent quality and compliance requirements.
• Maintain regular, reliable, and predictable attendance and be prepared to work extended hours (including evenings and weekends) when necessary to ensure timely loan closings and adherence to all Service Level Agreements (SLAs).
• Demonstrate resilience and adaptability when navigating tight deadlines and high-pressure situations, consistently managing a demanding workload.
• Perform other job-related duties as assigned by leadership.

Qualifications
Knowledge Skills and Abilities

• Comprehensive knowledge of current HUD, agency, and investor guidelines, including the ability to research, interpret, and apply investor overlays.
• Proven experience and complete understanding of FHA and VA lending guidelines, including how they relate to internal and broader investor requirements.
• Exceptional appraisal analysis and technical review skills.
• Demonstrated ability to handle exception items/files and effectively resolve complex underwriting issues.
• Expert ability to prioritize and manage a high-volume pipeline throughout the day to meet critical Clear to Close (CTC) deadlines.
• Strong time management and organizational skills with meticulous attention to detail across all documentation.
• Excellent analytical and decision-making skills to facilitate sound credit risk assessment.
• Experience using Microsoft Office products and relevant industry software.
• Excellent written and verbal communication skills, with the ability to clearly articulate complex information to both internal and external parties (in person, over the phone, and in writing).
• The ability to thrive in a fast-paced, high-production environment, readily embracing change and demonstrating a proactive approach to workload management.
• Proven capacity to function effectively as a team player while also demonstrating the ability to work independently and drive individual results.

Experience & Education

• A minimum 5 years’ experience as a Senior level Underwriter with DPA products and manually approved government loans

• Extensive experience underwriting VA and FHA, USDA experience preferred.
• DE, LAPP and SAR certifications required.

Physical Requirements

• This role requires remaining in a stationary position for prolonged periods (e.g., at a desk, working on a computer).
• Requires consistent visual focus and mental concentration for extended durations to review complex loan documentation, analyze data, and perform detailed manual underwriting.
• Frequent use of hands and fingers for typing, data entry, and operating standard office equipment (e.g., computer, keyboard, mouse, phone).
• Requires clear articulation and the ability to listen and comprehend information accurately, even under pressure.
• The ability to concentrate and make critical decisions accurately, even when fatigued, is paramount.

MSF is an equal opportunity employer. All candidates for employment are considered equally, and no distinction is made based on race, color, national origin, age, religion, disability, sex, sexual orientation, gender identity, gender expression, marital status, genetic information, or veteran status. MSF is also committed to providing qualified applicants and employees reasonable accommodation, when necessary, to enable the individuals to complete the application process and/or perform the essential functions of the job. An applicant and/or employee requiring reasonable accommodation to perform any essential job function should contact Human Resources.

Job Tags

Temporary work, Summer work, Work at office, Remote work, Flexible hours, Afternoon shift

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