Covius · 1 day ago
TE Residential Credit Underwriter
United States
Full-time
Onsite
Mid Level
3+ years expCovius is a company dedicated to passion and customer focus, currently seeking a Residential Credit Underwriter. The role involves issuing credit decisions based on borrower profiles and ensuring compliance with program guidelines while meeting production goals and audit standards.
ComplianceCreditFinanceFinancial ServicesQuality Assurance
Responsibilities
Underwrite residential mortgage loans in accordance with Conventional guidelines
Input of data and analysis of findings in Loan Prospector, Desktop Underwriter, Asset wise, other AUS engines, and OES
Identify and assess overall risk and potential fraud exposure resulting from clients' underlying business practices
Meet the minimum daily production goals and quality targets plus clearing conditions and perform within department audit standards
Review of credit reports to determine credit patterns, current liabilities, outstanding judgments, and collections
Review of residential mortgage appraisal forms and calculations of Loan to Value ratios
Analyze income from salaried, commissioned, self-employed, investments, fixed income sources
Analyze assets statements for all types of asset accounts
Ability to work overtime and weekends if needed
Perform other related duties as assigned
Qualification
Required
High School Diploma or equivalent
Associate degree or equivalent industry experience required
3+ years of relevant industry experience required
3+ years securitization experience required
3+ years of recent frontline (manual and automated) underwriting experience with Conventional, FHA and/or VA Knowledge along with A Paper, B/C Paper, Non-Confirming and Conforming, and Sub-Prime residential, Non-QM and QM products
Ability to work in a fast-paced, metrics driven environment
Strong analytical and problem-solving skills
Ability to prioritize multiple objectives to meet client deadlines and department goals
Excellent verbal and written communication skills
Proficient knowledge of Microsoft Office Suite, including Word, Excel, and PowerPoint
Strong underwriting knowledge of Prime or standard Full Documentation
Ability audit standard full documentation program clients
In-depth knowledge HVCC, guidelines and requirements along with all federal, state, and local compliance regulations to include, Truth in Lending and Equal Credit Opportunity laws
In-depth knowledge of the total closing function to include, underwriting conditions prior to closing, closing instructions and procedures, and RESPA
Up-to-date knowledge in Fannie/Freddie guidelines, back-end quality control and fraud audit experience
Must be able to use Desktop Underwriter (DU), Loan Prospector (LP) and other LOS (loan operations systems)
Commitment and ability to cultivate a diverse and inclusive work environment
Company
Covius
Covius is a provider of services, insight and technology to leading financial companies.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
John Surface
Chief Executive Officer, Covius Services
Rob Clements
Chairman and Chief Executive Officer
Recent News
2025-10-23
HousingWire.com
2025-08-13
2025-03-26
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