LOAN/INSURANCE UNDERWRITER II, SINGLE FAMILY [058786]
Loan Underwriter
Recruitment #15-001730-0002
Department | DHCD - Div of Dev Finance - Homeownerhip Programs |
---|---|
Date Opened | 8/14/2015 2:09:00 PM |
Filing Deadline | 8/31/2015 11:59:00 PM |
Salary | $46,857- $68,175/year (Grade 17/base-step 15) |
Employment Type |
Full-Time
|
HR Analyst | Alicia Townsend |
Work Location |
Prince George's
|
Introduction
Work that Matters. The Maryland Department of Housing and Community Development (DHCD) is a national leader in the financing and development of affordable housing and community development lending. As such, the primary function of the Community Development Administration is to encourage and support homeownership in Maryland. We are good but strive to be great. To make this happen our team needs members that will challenge the status quo, effectively communicate ideas and issues, independently bring forth practical and efficient solutions, believe change is good and want to come to work knowing that what they do makes a difference in their neighborhood.
GRADE
17
DBM Salary guidelines apply for current State employees.
LOCATION OF POSITION
POSITION DUTIES
DHCD has an immediate opening for a Loan Underwriter II primarily in conjunction with the Maryland Mortgage Program products. The Loan Underwriter in the Single Family Homeownership program: (1) evaluates the risk involved in providing financing for single family residential mortgages; (2) underwrites home ownership development projects for permanent mortgage funds; (3) reviews documentation on lender loans to determine compliance with federal, State and Program criteria, and mortgage revenue bond requirements; (4) audits files for compliance and quality assurance; and (5) assists in lender training sessions. Successful applicants will possess excellent communication skills, both verbal and written. They will have the ability to skillfully evaluate and communicate the risks associated with high LTV loans and be familiar with FHA and other industry-standard underwriting guidelines.
MINIMUM QUALIFICATIONS
Minimum qualifications are REQUIRED.
Education: A Bachelor's Degree in Business Administration, Management, Finance or related field.
Experience: Two years of experience evaluating the risk involved in granting loans or insurance for single family home mortgages.
Notes:
1. Additional experience described above may be substituted on a year-for-year basis for the required education.
2. Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer in loan specialist classification or loan specialist specialty codes in the loan specialist field of work on a year-for-year basis for the required experience and education.
DESIRED OR PREFERRED QUALIFICATIONS
- Designation as a FHA Direct Endorsement (D.E.) underwriter
SELECTION PROCESS
EXAMINATION PROCESS
BARGAINING UNIT STATUS
BENEFITS
FURTHER INSTRUCTIONS
Online applications are STRONGLY preferred. However, if you wish to submit a paper application, you may mail your application and materials to:
Alicia Townsend, Department of Housing & Community Development
Office Human Resources, 7800 Harkins Road Lanham, MD 20706.
All application materials must be received by the filing deadline. If you are unable to upload your transcripts into the system, please send via email to ohr.dhcd@maryland.gov. Please include the following information in the body of the email:
Attn: Alicia Townsend, Senior HR Generalist
Your First and Last name
Last 4 of SS#
Recruitment #
Classification (Job Title) of Recruitment
Incorrect application forms, or resumes in place of the application, will not be accepted. If you are interested in the position and cannot apply online please fill out the revised paper application which can be found on JobAps. TTY Users: call via Maryland Relay We thank our Veterans for their service to our country, and encourage them to apply. As an equal opportunity employer, Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State’s diversity.