Wednesday , October 30 2024
Breaking News

Underwriting Manager

D.R. Horton

Title of the Job: Underwriting Manager

Location: Austin, TX

Job Description: D.R. Horton, Inc., the largest homebuilder in the U.S., was founded in 1978 and is a publicly traded company on the New York Stock Exchange. It is engaged in the construction and sale of high quality homes designed principally for the entry-level and first time move-up markets. The Company also provides mortgage financing and title services for homebuyers through its mortgage and title subsidiaries. Please visit our website at for more information.D.R. Horton, Inc. is currently looking for an Underwriting Manager. The right candidate will manage and supervise Underwriters, ensuring the accuracy of the underwriting of manual loans or the validation of automated findings on government loans.Essential Duties and Responsibilities include the following. Other duties may be assigned.

  • On a daily basis, assign loans to staff for prompt underwriting decision
  • Assist Underwriters in prioritizing RUSH’s, conditions, and newly submitted loans to meet required turn-around time
  • Responsible for overseeing the manual underwriting or the validation of automated findings on conventional, Alt A, and government loans. Ensure that their staff is proficient and updated on all guidelines that allow them to review and make underwriting decisions on all delegated products with various investors
  • Advise Underwriting staff when a final decision is difficult, marginal, and/or assistance is needed on appraisal issues
  • Upon rejection of a loan by an Underwriter, the Underwriting Manager will perform an in-depth review and discuss with the Regional Production Manager to ensure that all avenues have been explored
  • Provide training based on post-closing or audit findings
  • Act as a liaison, when necessary, between branch personnel and underwriting staff
  • Coordinate the resolution of post-closing issues
  • Conduct all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
  • Able to travel overnight
  • Report vacation, sick time, and bonus income to A-P using Peoplesoft
  • Work closely with the Regional Underwriting Manager to manage staffing and other department issues
  • Schedule weekly meetings to review new programs or changes and discuss issues from the previous week

Supervisory ResponsibilitiesSupervises 2 or more employeesQualificationsRequired Qualifications

  • Bachelor’s degree from four-year college or university and/or three years of experience
  • Proficiency with the underwriting module of Empower
  • FHA Direct Endorsement/VA LAPP
  • Must have a valid and current Mortgage Loan Originator License as required per state regulations
  • Ability to apply common sense understanding to carry out instructions furnished in written oral form or via DRH applications
  • Proficiency with MS Office and email
  • Ability to sit for majority of 8-hour workday; use hands to finger, handle or feel; reach with hands and arms; talk and hear. Specific vision abilities required by this job include close vision and peripheral vision
  • The noise level is generally moderate

Preferred Qualifications

  • Strong communication skills
  • Ability to multi-task and attention to detail
  • Ability to accurately and efficiently process and record large volumes of data

Come join a winning team with a Fortune 500 company! We are growing fast and are looking for enthusiastic attitudes and team players to join our success. We offer an excellent benefits package including:

  • Medical, Vision and Dental
  • 401(K)
  • Employee Stock Purchase Plan
  • Flex Spending Accounts
  • Life Insurance
  • Vacation, Sick, Personal Time and Company Holidays

Build YOUR future with D.R. Horton, America’s Builder.
#WeBuildPeople2us on social media @hortoncareers for an inside look at our company and connect with us on LinkedIn for up to date job listings!LinkedIn, Twitter, Facebook, Instagram

Company Name: D.R. Horton

Salary:


Apply for the job!