Mgic Investment Corp New York , NY 10007

Posted 4 weeks ago

Why work at MGIC?

Are you someone who wants to play a critical role in our company's success? Do you enjoy solving puzzles and finding a better way to get things done? Are you someone who likes to Take The Lead and make an impact? If so, then imagine yourself at MGIC. At MGIC we are a team of dedicated professionals on a fearless mission. A team that fosters a culture of career development and continuous learning opportunities to help you rise to new heights. We are passionate about providing outstanding customer service and making a difference in our community. #WeAreMGIC

How will you make an impact?

  • Responsible for analyzing and rendering credit decisions on mortgage loan applications consistent with internal policies and investor guidelines as established by Fannie and Freddie

  • Reviews and analyzes all required documentation and determines whether additional verification or analysis is needed in cases where information may be questionable

  • Makes decisions to accept, suspend, or decline loans or MI coverage. May submit loans for second review before notifying appropriate parties of resulting loan decisions

  • Maintains positive business relationships with customer management and underwriting staffs. Follows customer and/or internal procedural guidelines regarding any special handling or notification during the underwriting process

  • May make joint calls with sales staff to develop new business, and maintain existing customer relationships as identified by an account manager

  • Nature of the work requires turn times of 4 hours to 48 hours up to 50% of the time

Do you have what it takes?

  • Completion of an Associate's Degree or equivalent level of coursework. Additional experience (2 years) beyond the minimum below may be substituted for education beyond high school

  • Minimum of 3 years recent conventional, frontline underwriting experience

  • Current knowledge of Fannie/Freddie guidelines, standards, and practices in regard to tax return analysis and appraisal review

  • Knowledge of residential mortgage loan documentation and terminology

  • Knowledge of mortgage lending, loan underwriting processes and agency underwriting guidelines

  • Experience using current automated underwriting systems

  • Demonstrated ability to balance customer, investor, and MGIC's requirements

  • Ability to produce a high volume of work within tight deadlines

Enjoy these benefits from day one:

  • Competitive Salary & pay-for-performance bonus

  • Financial Benefits (401k with company match, pension plan, profit sharing, HSA, wellness rewards program)

  • On-site Fitness Center and classes (corporate office)

  • Paid-time off and paid company holidays

  • Business casual dress

For additional information about MGIC and to apply, please visit our website at www.mgic.com/careers.

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Mgic Investment Corp