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LOAN/INSURANCE UNDERWRITER II, SINGLE FAMILY (C11023/223734)

Loan Underwriter II [REPOSTED]

Recruitment #16-001730-0002

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Introduction

Work that Matters. The Maryland Department of Housing and Community Development (DHCD) is a national leader in the financing and development of affordable housing and community development lending.  As such, the primary function of the Community Development Administration is to encourage and support homeownership in Maryland. We are good but strive to be great.  To make this happen our team needs members that will challenge the status quo, effectively communicate ideas and issues, independently bring forth practical and efficient solutions, believe change is good and want to come to work knowing that what they do makes a difference in their neighborhood.

GRADE

17

LOCATION OF POSITION

7800 Harkins Rd Lanham, MD 20706

The Department of Housing and Community Development's Headquarters Office is located in Prince George's County at the New Carrollton Metro stop.

POSITION DUTIES

The Department of Housing and Community Development has an immediate opening for a Loan Underwriter II primarily in conjunction with the Maryland Mortgage Program products. The Loan Underwriter in the Single Family Homeownership program: (1) evaluates the risk involved in providing financing for single family residential mortgages; (2) underwrites home ownership development projects for permanent mortgage funds; (3) reviews documentation on lender loans to determine compliance with federal, State and Program criteria, and mortgage revenue bond requirements; (4) audits files for compliance and quality assurance; and (5) assists in lender training sessions.

MINIMUM QUALIFICATIONS

Education: A Bachelor's Degree in Business Administration, Management, Finance or related field.

Experience: Two years of experience evaluating the risk involved in granting loans or insurance for single family home mortgages.

Note: 1. Additional experience described above may be substituted on a year-for-year basis for the required education.

2. Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer in loan specialist classification or loan specialist specialty codes in the loan specialist field of work on a year-for-year basis for the required experience and education.

 

DESIRED OR PREFERRED QUALIFICATIONS

  • Familiar with  Federal National Mortgage Association (FNMA)/Federal Home Loan Mortgage Corporation (FHLMC) guidelines as well as Federal Housing Administration (FHA)  
  • Successful applicants will possess excellent communication skills, both verbal and written.  They will have the ability to skillfully evaluate and communicate the risks associated with high Loan-To-Value (LTV) loans and be familiar with Federal Housing Administration (FHA) and other industry-standard underwriting guidelines.

SELECTION PROCESS

Please provide sufficient information on  your application to document that you meet the minimum qualifications for the recruitment.  Please provide transcripts, certifications or diplomas to document educational or certification qualifications.  Educational credentials from foreign countries must be evaluated by an approved education review service.  This evaluation must be submitted with your application.  For further information, you may call International Consultants of Delaware, Inc. (302) 737-8715 or World Education Services Inc. 1-800-932-3897 or (202) 331-2925.  Successful candidates will be placed on the employment (eligible) list for at least one year.  Eligible list may be used to fill future vacancies of the same classification.

EXAMINATION PROCESS

The examination will consist of a rating of your education, training, and experience related to the requirements of the position.  You may be required to complete a qualifications supplement, or the rating may be based on your application.  Therefore, it is important that you provide complete and accurate information on your application.  Report all experience and education that is related to this position. 

BENEFITS

STATE OF MARYLAND BENEFITS

 

Contractual employees who works for an agency covered under the State Employee and Retiree Health and Welfare Benefits Program (the Program), have a current employment contract and work 30 or more hours a week (or on average 130 hours per month) may be eligible for subsidized health benefits coverage for themselves and their dependents.  As a contractual employee, you will be responsible for paying 25% of the premiums for your medical and prescription coverage, including any eligible dependents you have enrolled. The State of Maryland will subsidize the remaining 75% of the cost for these benefits. You can also elect to enroll in dental coverage, accidental death and dismemberment insurance, and life insurance, but will be responsible to pay the full premium for these benefits.

FURTHER INSTRUCTIONS

Online applications are STRONGLY preferred. However, if you wish to submit a paper application, you may mail your application and materials to: Kristina Metzger Department of Housing & Community Development Office of Human Resources, 7800 Harkins Road Lanham, MD 20706. All application materials must be received by the filing deadline. 

If you are unable to upload your transcripts into the system, please send via email to dhcd.careers@maryland.gov.

Please include the following information in the body of the email:  

  • Attn: Kristina Metzger, HR Generalist
  • Your First and Last Name
  • Last 4 of SS#
  • Recruitment #
  • Classification (Job Title) of Recruitment

Incorrect application forms, or resumes in place of the application, will not be accepted. If you are interested in the position and cannot apply online please fill out the revised paper application which can be found on JobAps.  For questions concerning this position, please call 301-429-7514.

TTY Users: call via Maryland Relay  

We thank our Veterans for their service to our country, and encourage them to apply.  As an equal opportunity employer, Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State’s diversity.




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