If you want to make valuable contributions to your team and expand your knowledge, skills, and expertise in Home Lending Operations and even more so in Underwriting, then JP Morgan Chase has a great opportunity for you.  With highly supportive leadership and programs to foster growth and career mobility, your skills and capabilities can increase and be fine-tuned to make you more agile and versatile in reaching your career potential. 

 

As an Underwriter III- Mortgage in Assumptions, you will be responsible for delivering top notch support that is vital to Home Lending and the Consumer and Community Bank. You will handle the analysis of underwriting file for Capacity, Capital, Character, Collateral, and Condition and also be responsible for the communication of the outcome of that analysis. This includes ensuring that loan request meets program and product specifications or counter-offer when appropriate.  You must follow investor guidelines in the process to ensure compliance and meet compliance and regulatory requirements. 

 

Job responsibilities

Ensure that loan transaction meets investor assumption transfer of ownership guidelinesEnsure that loan request meets program and product specifications or counter-offer, when appropriateCommunicate decision of loan (approval, suspense, denial) to appropriate individuals within JPMorgan ChaseUphold fair lending practices of JPMorgan Chase MortgageMeet productivity targets for productivity, quality, and customer satisfactionContribute continually to the success of the business, customers, profitability and controlsContribute to the initiatives that improve our business

Required qualifications, capabilities, and skills

3+ years' Conventional mortgage underwriting experienceExpertise in Government, Agency and Jumbo guidelines as well as understanding of Government lendingDemonstrated high productivity and quality in prior role in a consistent manorDemonstrates ability to work in a team, and coach/mentor othersStrong verbal and written communication skillsStrong analytical, decision making, and negotiation skills

Preferred qualifications, capabilities, and skills

Demonstrates understanding of the end to end origination and/or assumptions process flowKnowledge of Mortgage insurance policiesExperience in creative solutions, exceptions justification, and customer focus