Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.
We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.
Primary Function
The Underwriter s responsible for responding to internal and external customers on questions regarding loans underwritten by the company. This position will underwrite loans in a timely manner for completeness and compliance with company guideline, polices, and procedures. This position will also provide training, guidance, and support for all team members.
Principal Duties
Review, analyze and make final determination on loan submissions using manual underwriting guidelines as well as validating recommendations.
Underwrite special programs as determined by lending authority set by management.
Work with Lending teams to identify potential solutions/alternatives for difficult/denied loan files.
Communicate with internal and external clients and company UW Vendors on inquiries on loans underwritten by the company.
Research and respond to team lead on loans requiring additional escalation and review and ability to summarize issues, concerns, and recommendations.
Review and maintain guidelines to stay up to date with all requirements.
Assist in correction of delivery violations on specific files as required.
Provide technical support for systems as necessary.
Any other job responsibilities requested by management.
Performs related duties as assigned by supervisor.
Education And Experience Requirements
High School Diploma or equivalent required; 4-year college degree preferred.
Minimum of six (6) months underwriting experience with conforming loans required.
Knowledge, Skill and Ability Requirements
Ability to differentiate between first and second mortgage underwriting.
Ability to handle secure and private information.
Technical experience necessary: Windows, Excel, Word, PowerPoint, Underwriting software and systems.
Ability to stay current with the business environment within third party lending.
Excellent customer service skills and analytical skills.
Excellent verbal and written communication skills.
Ability to work independently and adapt to a constantly changing environment.
Ability to be a creative and innovative problem solver.
While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.
Company Perks
15 Paid Time Off (PTO) days and 18 after 1st anniversary!
9 Paid Holidays
Casual Workplace
Employee Engagement Activities
Company Benefits
Medical (including Health Savings Account & Flexible Savings Account)
Dental - RX – Vision – Life, Disability Insurance – 401(k) Plan with company match! – Employee Assistance Plan
Performance-based Incentives
Pet Insurance
Advancement Opportunities
Newrez NOW
Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more
1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions
Equal Employment Opportunity
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.
CA Privacy Policy
CA Notice at Collection
Seniority level
Entry level
Employment type
Full-time
Job function
Finance and Sales
Industries
Financial Services
Referrals increase your chances of interviewing at Newrez LLC by 2x