Underwriter II - Direct (1053) in Santa Ana, CA at Mr. Cooper

Date Posted: 2/9/2018

Job Snapshot

  • Employee Type:
  • Location:
    Santa Ana, CA
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:

Job Description

Ready to be a Cooper too? This might just be right up your alley!

Mr. Cooper earns fees through the delivery of quality servicing, origination and transaction based services principally related to single-family residences throughout the United States. Mr. Cooper is one of the largest servicers in the United States, with a residential mortgage servicing portfolio of over $400 billion in unpaid principal balance, and over 3 million customers. Mr. Cooper provides services and solutions to homeowners, home buyers, home sellers, investors and other real estate market participants.


The Underwriter II is responsible for the timely and accurate evaluation and approval/denial of loan applications according to investor guidelines.


  • Responsible for assessing the risk of a loan and making an approval or decline decision based on the quality of the data in the loan file.
  • Reviews and ensures data integrity to confirm the accuracy of automated underwriting findings.
  • Applies all internal underwriting guidelines, investor requirements and federal regulations to the decision process to ensure loan quality.
  • Analyze and verify the employment profile, credit strength, property characteristics and all other information pertinent to the credit decision process on each loan application.
  • Interacts with Mortgage Professionals to obtain information from the borrower or to seek clarification about documents in the loan file.
  • Communicates required conditions and stipulations, and provides assistance to expedite the final approval of a file.
  • Provides strong and clear communication to processors, underwriters, mortgage professionals and borrowers regarding documents needed for mortgage loan files to ensure quick turnaround time.
  • May provide training and assistance to Underwriter I employees.
  • Adhere to all applicable internal NPI policies and procedures, and protect the confidentiality of borrower information.
  • Other duties as assigned.


  • Graduation from a 4-years college or university with major course work in a discipline related to the requirements of the position. Will consider the equivalent combination of job experience and education that demonstrates the ability to perform the essential functions of the job.
  • Advanced analysis skills in the areas of credit, layered risk, and income. Exposure to underwriting at a national level and in all markets. Experience with Desktop Underwriter (DU) or comparable automated underwriting system preferred. Basic computer skills required. Experience with word processing beneficial. Prefer experience with TMO. Prior experience involving multi-tasking and detail-oriented responsibilities
  • 3 to 5 years’ experience in mortgage underwriting Must have an in-depth understanding of Mortgage Originations systems. FHA - Direct Endorsement (DE) designation for at least 1 year required.

Nationstar Mortgage offers a competitive benefits package including medical/dental/vision, term life insurance, paid vacation/holidays, and 401 (k) Savings Plan with company match.

Job Requisition ID:


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Primary Location City:

Santa Ana

Primary Location Region:


Primary Location Postal Code:


Primary Location Country:

United States of America

Posting Organization:

Mr. Cooper

Line of Business:

Originations - Irvine

Additional Posting Location(s):