Loan Underwriter

Review loan applications and supporting documentation for manufactured housing loans, including income verification, credit reports, and property valuations. Assess the creditworthiness of borrowers by analyzing financial statements, tax returns, employment history, and other relevant information. Evaluate loan-to-value ratios, debt-to-income ratios, and other key financial indicators to determine loan feasibility. Analyze manufactured housing market trends and property valuations to determine appropriate loan amounts and loan terms. Ensure compliance with lending regulations, internal policies, and underwriting guidelines. Collaborate with loan officers, Fulfillment support staff, processors, and other team members to gather necessary information and address any application deficiencies or documentation gaps. Conduct thorough risk assessments to identify potential red flags or fraudulent activities. Prepare loan underwriting summaries, including recommended loan structures, risk mitigation strategies, and rationales for decision-making. Communicate lending decisions and provide clear explanations to loan officers, Fulfillment support staff, processors, and other stakeholders. Stay updated on industry best practices, regulatory changes, and market trends related to manufactured housing financing.