Job summary
Job post source
This job is directly from Fay Servicing, LLC
Job overview
The Senior SAR Underwriter at Fay Servicing, LLC is responsible for making credit recommendations and underwriting residential loans to maintain asset quality and mitigate financial losses.
Responsibilities and impact
The role involves reviewing loans against company guidelines, analyzing borrower credit and financial profiles, collaborating with operations and sales, and ensuring compliance with underwriting guidelines and investor requirements.
Compensation and benefits
The position offers an annual salary range of $116,480 to $126,880 and includes participation in a philanthropic foundation and equal opportunity employment benefits.
Experience and skills
Candidates need 5+ years of mortgage underwriting experience, VA SAR Underwriting certification, knowledge of FHA/FNMA/FHLMC/VA/USDA guidelines, experience with automated underwriting systems, strong communication and project management skills, and proficiency in Microsoft Office and Encompass LOS system.
Work environment and culture
Fay Servicing values diversity, inclusion, and community service, fostering a respectful and collaborative work environment with a focus on employee success and philanthropy.
Company information
Fay Servicing, LLC is a specialty mortgage servicer founded in 2008, focused on innovative servicing solutions for residential and business loans, emphasizing customer-centric service.
Application process
Applicants are encouraged to submit their resumes to learn more about the position.
Unique job features
The job involves working with a specialty mortgage servicer that prioritizes customer service and offers involvement in community-focused philanthropic efforts.
Company overview
Fay Servicing, LLC is a specialized mortgage servicer that focuses on managing distressed and at-risk residential loans. The company generates revenue by providing loan servicing solutions, including loan modifications, payment processing, and customer support, aimed at helping homeowners avoid foreclosure. Founded in 2008 during the financial crisis, Fay Servicing has built a reputation for its borrower-centric approach and innovative loss mitigation strategies. Understanding their commitment to personalized service and regulatory compliance is crucial for any potential candidate.
How to land this job
Tailor your resume to emphasize your extensive mortgage loan underwriting experience, highlighting familiarity with FHA, FNMA, FHLMC, VA, and USDA guidelines as well as your VA SAR Underwriting certification and any DE designation.
Showcase your proficiency with automated underwriting systems like DU, DO/LP, and GUS, and mention experience with the Encompass LOS system and strong project management skills to align with the role's requirements.
Apply through multiple channels including Fay Servicing's corporate careers page and LinkedIn to maximize your visibility and chances of landing an interview.
Connect with current employees in the underwriting or mortgage servicing divisions on LinkedIn; use ice breakers such as asking about their experience with Fay's underwriting guidelines or commenting on Fay's commitment to customer-focused servicing and community involvement.
Optimize your resume for ATS by incorporating keywords from the job description such as 'mortgage loan underwriting,' 'credit analysis,' 'FHA/FNMA/FHLMC/VA/USDA guidelines,' 'DU/DO/LP/GUS,' 'Encompass LOS,' and 'project management' to ensure it passes automated screening.
Leverage Jennie Johnson's Power Apply feature to automate tailoring your resume, identify and apply through multiple job portals, and find LinkedIn connections to network with, allowing you to focus your time on preparing for interviews and further research.
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