Underwriter I

Job Description

Job Description

M / I Homes has been building new homes of outstanding quality and superior design for more than 40 years. Founded in 1976 by Irving and Melvin Schottenstein and guided by Irving’s drive to always “treat the customer right,” we have fulfilled the dreams of over 140,000 homeowners and grown to become one of the nation’s leading homebuilders. M / I Homes started as a family business and grew into a national leader in a single generation with divisions in 17 markets, including Austin, Charlotte, Chicago, Cincinnati, Columbus, Dallas, Detroit, Ft. Myers / Naples, Houston, Indianapolis, Minneapolis, Nashville, Orlando, Raleigh, San Antonio, Sarasota, and Tampa.

M / I Financial LLC is a full-service mortgage lender actively searching for an Underwriter to work in our Corporate office located in Columbus, Ohio.

Job Summary

Reviews, underwrites, and conditions a variety of loan products including FHA, VA and Conventional loans. Reviews applications & corresponding documents for accuracy and suitability. Able to interpret Automated Underwriting System (AUS) requirements. Utilizes investor, agency and internal guidelines to perform essential job duties.

Duties and Responsibilities

• Reviews and approves AUS case files for accuracy, completeness & issues initial approval.
• Manually underwrites Conventional and Government loan products when required.
• Ability to calculate income for borrowers with variable, self-employed, etc. as needed.
• Makes determinations on suitability and accuracy of loan documentation for both loan approval and satisfaction of applicable conditions.
• Research agency & investor guidelines to ensure compliance with UW standards.
• Communicates with branch employees regarding questions, concerns, and corrective actions for unacceptable loans. Discusses recommendations and alternatives for solving difficult loans with Underwriting Manager.

Requirements

Minimum Education Experience

Associate’s degree (A.A.) or equivalent in specialized training from a two-year college or technical school combined with one to 3 years of related experience and / or training; knowledge and understanding of mortgage underwriting terminology and guidelines. Direct endorsement (DE) designation, Certification of Delegated Underwriter preferred.

Skills and Abilities

Work Conditions

On-site. Weekend work may be required.

Benefits

M / I Homes offers a comprehensive benefits package, including medical, dental, vision, paid time off and paid holidays, paid parental leave, traditional and Roth 401(k) options, profit sharing plan, employee stock purchase plan, employee home purchase plan and more.

We are committed to attracting, developing, and retaining diverse talent that reflects the customers we serve and the communities where we live and work.

We are proud to be an EEO / AA employer M / F / D / V. We maintain a drug-free workplace and perform pre-employment substance abuse testing.

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