So I had a pretty sweet accomplishment today. At work, I am training to become an underwriter. It's a nice, long, tedious process, but I hit a milestone today. I underwrote my first file today!!
For those of you who don't know much about the mortgage business, an underwriter is the person who ultimately reviews the entire file and gives you the final approval and the "ok to fund."
It's pretty daunting, but also very exciting. At the beginning of this process, I submitted my files to someone else who would make sure everything was correct and accurate--well now, I review it/approve it and AFTER it has closed and funded, they (meaning someone higher, wiser, and of more authority) reviews the file and if something is incorrect, our branch might have to eat the cost of the loan. {That's what I mean about daunting!}
But yet, I am very excited about this opportunity to become an underwriter...pretty soon I'll be able to add it to my list of expertise: I can originate, set up, process, underwrite, and post-close a loan. (Next on my list is to close a loan...) I really do love my job!
Subscribe to:
Post Comments (Atom)
2 comments:
Congratulations! That's pretty amazing--underwriting is hard! (We only have one underwriter in our office...I don't think anyone else could do it!) I'm glad you enjoy it so much! Does this mean you get a raise of some sort?
good for you! doesn't surprise me one bit, though. you do everything well! excited to see you this weekend.
Post a Comment