Underwriting Manager
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 www.drhorton.com for more information.
D.R. Horton, Inc. is currently looking for a Underwriting Manager for their Underwriting Department. The right candidate will be responsible for overall credit quality for region.
Essential Duties and Responsibilities
-
Assist Underwriter in prioritizing RUSH’s, conditions and newly submitted loans to meet required turn-around time
-
DHI Underwriting Managers are responsible for overseeing the manual underwriting or the validation of automated findings on Conventional, Alt A and government loans. They have full delegation with FHA Direct Endorsement and VA Automatic with LAPP approval. The Underwriting Manager will 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
-
Proficiency with the underwriting module of Empower
-
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 assistance to AU Certified Processors once they have achieved final certification.
-
Schedule weekly meeting to review new programs or changes and discuss issues from previous week
-
Provide training based on Post Closing or audit findings
-
Act as a liaison, when necessary, between Branch Personnel and Underwriting staff
-
Coordinate resolution of Post Closing issues
-
Report vacation, sick time and bonus income to Payroll
-
Work closely with Regional Underwriting Manager to manage staffing and other department issues
Supervisory Responsibilities
Directly supervises 5-15 employees in the Underwriting Centers. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
Education and/or Experience
-
FHA Direct Endorsement/VA LAPP
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 vision, medical and dental. Build YOUR future with D.R. Horton,