Ocwen Financial Underwriter in Rancho Cordova, California

Liberty Home Equity Solutions, Inc., a wholly owned subsidiary of Ocwen Financial, is one of the nation s largest reverse mortgage lenders. Headquartered in Rancho Cordova, CA (near Sacramento), Liberty has provided home equity financing for homeowners, mortgage bankers and financial professionals since 2003 and is poised for significant growth in the years ahead as part of a Fortune 1000 mortgage company.

At Liberty, we are passionate about changing the lives of customers and helping our employees succeed in a fast-faced, entrepreneurial culture that promotes teamwork, innovation and success. Join Liberty today to be part of one of the fastest-growing companies in the reverse mortgage industry.

Under the supervision of the Manager, Underwriting, the Underwriter reviews, conditions and underwrites mortgage loans in accordance with established policies and procedures and appropriate guidelines; examines all documentation for accuracy and completeness.

Job Functions:

  • Review and analyze the reverse mortgage loan application to ensure eligibility, accuracy, completeness, and compliance with internal and regulatory guidelines to minimize risk factors

  • Review all required loan data, reports, and inspections to insure the collateral is acceptable to investor, company, and FHA guidelines

  • Responsible for making independent decisions regarding acceptance and risk of loans according to HUD, company, and investor guidelines.

  • Provides final approval underwriting of FHA HECM mortgage loans.

  • Completes all required paperwork and forms in a timely and accurate manner; prepares required forms

  • Sign off conditions in a timely manner set by management

  • Work with staff and management to find solutions on escalated loans

  • May be requested to make recommendations for improving Internal Audit s policies and practices

  • Manage loans by using all functions of Mortgage Cadence (Tasks, Comments, Case information)

  • Effectively communicate underwriting decisions with processors and advisors

  • Maintain high level of customer service and communication with other departments

Qualifications :

  • Two to four years related experience or equivalent, DE Underwriter strongly preferred.

  • High school diploma, GED, equivalent certification, or military experience

  • Must have mortgage industry experience – strongly preferred in reverse mortgage field.

  • Thorough working knowledge of real estate documentation, policies, compliance, and procedures

  • High level of proficiency with mortgage loan processing and underwriting systems - Commitment to excellence and high standards

  • Excellent written and oral communication skills

  • Strong organizational, problem-solving, and analytical skills

  • Ability to manage priorities and workflow

  • Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm

  • Acute attention to detail

  • Proficient on computer programs required for position

  • Excellent customer service skills

  • Proven ability to handle multiple projects and meet deadlines

  • Strong interpersonal skills

  • Good judgment with the ability to make timely and sound decisions -

  • Ability to effectively present information and respond to questions

  • Ability to effectively communicate with people at all levels and from various backgrounds

  • Bilingual skills a plus

Ocwen Financial Corporation, our affiliates and subsidiaries (“Ocwen ) is an Equal Opportunity Employer. Ocwen and its affiliated companies recruit and hire qualified candidates without regard to race, religion, color, sex, sexual orientation, age, national origin, citizenship and veteran or disability status, or any factors prohibited by law.

Primary Location :

Rancho Cordova-California-United States

Work Location :

Rancho Cordova

10951 White Rock Road, Suite 200

Rancho Cordova - 95670

Job :

Mortgage Operations

Organization :

US Business Unit

Schedule :



Job Posting :

Mar 22, 2017, 11:10:44 AM