Experience Inc. Jobs

Salary Range: $125,000.00 - $325,000.00 (Depending on knowledge, skills, abilities and location. Certain level jobs may be eligible for bonus, commission, and/or equity awards.) Posting Date: May 31, 2024 This job will be open and accepting applications for a minimum of three days from the date it was posted. Benefits* worth writing home about: Medical, dental, and vision coverage for employees and their families Life, disability and family Leave 401(k) and Roth 401(k) with employer match Wellness program, employee assistance program, "Commute Trip Reduction" (CTR) and various employee discounts Generous vacation, sick leave, 11 paid holidays, and 16 hours of paid leave every year for community service work Free employee checking account and employee home loan discounts *For eligible employees averaging 20 or more hours per week. EO/AA Employer including Vets and Disabled. Qualified applicants with arrest and conviction records will be considered in accordance with legal requirements. If you are a California resident, you may be entitled to certain rights regarding your personal information, which is information that identifies, relates to, or could reasonably be linked with a particular California resident or household. Additional information about our data collection practices and location specific notices is available on our privacy policy. Job Description Summary: Serves as HomeStreet's Chief Underwriter for Fannie Mae's Delegated Underwriting and Servicing (DUS) lending programs. Manage HomeStreet Capital's processing and underwriting team, coordinate training and workflow. Structure, review, and approve all income property loan requests including pricing and guide waivers. Make credit, loan structure and Fannie Mae waiver recommendations. Assure loans are underwritten in accordance with Fannie Mae guidelines and the Bank's policies, procedures, regulations and requirements. Work cooperatively with entire HomeStreet team. Job Details: ESSENTIAL FUNCTIONS: Create a skilled and motivated processing and underwriting team by hiring, developing, training, leading and coaching employees manage risk and to provide a high level of customer service. Coordinate and supervise daily workflow of underwriting and processing staff. Responsible for strategic planning for the underwriting and processing area of HomeStreet's Fannie Mae group to enable the department to meet production and profitability goals. Direct formulation of underwriting and processing group goals and objectives at least annually and coordinate through out the year. Direct continuous process evaluation and reform, as well as ongoing streamlining and efficiency efforts. Work cooperatively with Fannie Mae Lending Director and Relationship Managers in structuring transactions to meet customer needs while complying with Fannie Mae's guideline as well as HomeStreet's risk management requirements. Manage requests to "win" deals to client satisfaction. Review preliminary Fannie Mae DUS loan requests with Relationship Manager, Lending Director, and Fannie Mae's National Account Managers, as needed. This includes, but is not limited to overall loan structure, loan sizing, property condition, borrower qualifications, and pricing and waiver requirements. Review and approve all loan preflights, loan applications, and pricing and waiver requests. Assign team for each loan and assist them in tracking loan progress in Salesforce and DUS Gateway Review loan underwriting narratives for Fannie Mae DUS loans including loan assumptions. Identify, assess, and evaluate elements of risk. Must approve all Fannie Mae DUS loan narratives. Review and analyze all third-party items including appraisals, environmental and engineering reports and any related supplemental information for adequacy, completeness and compliance with lending requirements when need arises. Dete