Entry-Level Underwriter
About AD Mortgage:
AD Mortgage is a leading nationwide mortgage lender with over 20 years of experience delivering residential and commercial loan solutions. With a team of 500+ professionals across the U.S., we proudly provide A+++ service in more than 45 states. Our success is driven by innovation, collaboration, and a commitment to excellence.
Key Responsibilities:
- Participate in Underwriting Training Course to solidify knowledge on Fannie Mae and Freddie Mac guidelines
- Reviews all items and conditions provided by borrowers and ensures they meet the required guidelines by utilizing internal and external (e.g., agency) policies and procedures [e.g., automated underwriting systems such as Desktop Underwriter (DU)]
- Ensures that Company operating standards are met for underwriting and compliance by utilizing internal and external (e.g., agency) policies and procedures
- Monitors property appraisal process to ensure the value of a property is accurately presented
- Analyzes documentation such as title package, homeowner’s insurance, payoffs and appraisals to make sound underwriting decisions based on this analysis by using an internal checklist
- Analyzes loan applications to identify any risk issues and/or potential misrepresentation.
- Reviews documentation and ensures documents are properly classified and organized
- Makes quality underwriting decisions while maintaining Company turn-time expectations
- Reviews and clears conditions on all loans to ensure a complete loan package prior to closing
- Utilizes proprietary and online tools [e.g., Lexis/Nexis, Real Quest, Mortgage Electronic Registration System (MERS), AVM’s, etc.] to help combat fraudulent activity and ensure quality loan decisions
- Have the ability to rework loans to new terms, and identify additional conditions as needed.
- Must be able to provide quick and accurate answers on multiple loan project guidelines
- Communicates with broker partners with updates regarding their loan conditions
- Engages specific strategies (e.g., determines appropriate individuals to resolve escalated customer issues, etc.) to resolve customer questions and concerns
- Continually reviews underwriting environment, and suggests improvement opportunities to management
- Acts as a recognized subject matter expert within the Company and partners with management on underwriting-related issues by providing analytical support, and counseling advice for their functional areas
Skills & Qualifications:
- Intermediate knowledge in Microsoft Word, Excel and Outlook
- Excellent attention to detail
- Ability to communicate effectively with all levels
- Ability to positively project the Company and department
What We Offer:
- Paid time off (PTO) and dedicated sick days
- Comprehensive medical, dental, and vision coverage
- Paid volunteer hours for community involvement
- Life insurance, short-term disability, and long-term disability
- Health Savings Account (HSA) options
- 401(k)
- Paid training and career development
- Complimentary grab-and-go snacks
- Career Growth: As part of a growing and evolving community, you’ll have opportunities to advance your career, take on new challenges, and make a meaningful impact
📍This is an on-site position only at our office in Troy, Michigan. Our standard working hours are Monday through Friday, 9:00 AM to 6:00 PM.
Join Us: Explore our social media to get a sense of our rich corporate culture.
YouTube – @ADMortgageLife
Instagram – @admortgage_life
TikTok – @admortgage_life
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sexual orientation, age, marital status, veteran status, or disability status.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Please note: Completion of an internship does not guarantee conversion to full time employment.