annapolis, Maryland
Loan Underwriter Job Opening in annapolis, Maryland - Loan Underwriter A client of ConTemporaries, Inc., a women owned staffing firm, is currently in need of a Loan Underwriter. Since 1991 ConTemporaries, Inc. has been a family owned and operated certified Woman Owned Small Business. We have several large federal clients such as the National Institutes of Health and Department of Health and Human Services. In the DC area, we are ranked as one of the top 10 vendors under the GSA Federal Supply Schedule for Schedule 736. In addition to our experience with the NIH and DHHS, ConTemporaries, Inc has serviced the needs of various other organizations located in the Washington DC area. This position is temporary but has the possibility to develop into other opportunities. The client is located in Crownsville, MD. Ideal candidates will possess atleast 3 years of experience serving as an Loan Underwriter. Candidates must have a High School diploma or equivalent. Underwritter duties include and are not limited to: - Reviews and analyzes project information including: chas flow and debt service omputations and cost certification, to determine if buyer, property and loan conditions meet State standards - Reviews applications for compliance with Federal and State rules and regulations, and program emphasis - Determines the amount of funding needed by the applicant to secure a mortgage loan or insurance for a single family home - Performs underwriting analysis to determine accepatability and the degree of risk of projects to the state - Recommends approval or denial of underwriting requests based on financial risk to the state - Monitors construction draws and sales of appoved projects - Devises plans to avert or minimize losses to the state on guaranteed loans or insurance - Prepares status reports on project information for supervisors - May conduct lender training - May assist in developing procedures to improve and facilitate loan processing for mortgage loans or insurance for single family homes annapolis md maryland
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