1+ months

Underwriter III - Home Lending -

Downers Grove, IL 60515
  • Job Code

Underwriter III - Home Lending - Downers Grove, Il.

Job Description

As an underwriter, you will be responsible for the analysis of submitted file for Capacity, Capital, Character, Collateral, and Condition. This includes ensuring that loan request meets program and product specifications or counter-offer to different product and/or program when appropriate. In addition, you will communicate decision (approval, suspense, denial) to appropriate individuals within JPMorgan Chase, uphold fair lending practices of JPMorgan Chase Mortgage, meet targets for productivity, quality, and customer satisfaction, and perform second review of contract underwritten denials.

  • Minimum of one year experience as an underwriter
  • Minimum of two years in the mortgage lending business
  • Demonstrated expertise in Government, Agency (FHA/VA), and Jumbo guidelines
  • High level knowledge and understanding of government lending. Generally working to obtain the government designations (DE, VA Auto/Lapp)
  • Excellent analytical and decision making skills
  • Strong verbal and written communication skills
  • Ability to communicate well in difficult situations
  • Strong negotiation skills
  • Thorough knowledge of complex personal and business financial analysis and is proficient at cash flow and Adjusted Growth Income (AGI) self-employed income analysis and corporate tax returns.
  • Minimum of one year experience in underwriting first and/or second mortgages.
  • Demonstrated experience in underwriting both manually and through the use of automated underwriting systems.
  • Thorough knowledge of Mortgage Insurance policies

Req #: 190084554
Location: Downers Grove, IL US
Job Category: Credit
Employment Type: Full Time
Potential Referral Amount: 500 US Dollar (USD)

Keyword: consumer%20banking


Posted: 2019-11-28 Expires: 2020-06-05

For over 200 years, JPMorgan Chase & Co has provided innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world.

Today, we're a leading global financial services firm with operations servicing clients in more than 100 countries.

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Underwriter III - Home Lending -

JPMorgan Chase & Co.
Downers Grove, IL 60515

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