Underwriter

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Description

Competitive Salary + Benefits

LoanSnap is looking to add Sr. Underwriters to our team in Costa Mesa, CA. Our Sr. Underwriters are responsible for pre-qualifying the loan utilizing the lender guidelines for each product group. Ensures the transition point of a loan application to a locked loan. The room for growth in this position has many avenues and candidates from this position are definitely recognized for promotion within underwriting or other Operations Departments.

Key Responsibilities

·Evaluate creditworthiness of borrowers to render a final credit decision. This includes but is not limited to the review of credit reports, paystubs, W2’s, financial statements, tax returns, asset statements via task-based system. ·Review appraisal to ensure the report is accurate, complete and the value is supported, and the collateral is acceptable. Recognize when additional field reviews may be necessary to support value. ·Ensure compliance with appropriate company, Agency, and investor guidelines. ·Review file to make sure state and Federal regulatory guidelines have been met. ·Calculate Income for W2 and Self-Employed borrower types ·Strong sense of urgency and initiative to get things done ·Efficient communication and follow-through

Requirements

·1-2 years mortgage underwriting experience (both Conventional and Government) ·Knowledge of current Covid, Agency and Government mortgage guidelines, loan programs and trends ·Motivated self-starter who's willing to go the extra mile. ·Excellent communication skills, and interpersonal skills ·Strong attention to detail and ability to learn quickly ·Ability to think outside of the box while exercising sound decision-making ·Comfortable with new technology systems and paperless environment.

Preferences

  • BA/BS degree
  • DE and SAR certification
  • Government and Conventional loan experience
  • Appraisal Experience
  • Processing experience
  • Encompass experience

Perks

Flexible benefits package including 401K matching.

Company-paid licensing, continuing education, and employee development programs.

Great environment- Covered parking, near The Camp and South Coast Plaza, gourmet coffee bar, music, laughter, and good energy.

What Sets Us ApartWe realized people were losing billions of dollars to mortgage lenders that were only focusing on interest rates.
The smart loan was created to help people stop losing money and own their financial future. Our mission is to improve every American's financial situation.

The LoanSnap Standard is rapidly becoming a recognized and desirable movement in industries across the board. It is essential to continue to be a leader in this space by bringing in inspiring, thought-provoking individuals who will not only thrive in this industry-leading company but add to the already flourishing community. That is the LoanSnap Standard.

Company Description

LoanSnap is a well-funded VC-backed startup that provides mortgage financial solutions through the use of smart loan analysis and a consultative approach tailored to meet each individual’s needs.

LoanSnap is on a significant growth trajectory with a solid track record and reputable investors. We have concluded a Series A financing round led by Richard Branson's Virgin Group, Joe Montana's Liquid 2 Ventures, True Ventures with Baseline Ventures, Core Innovation Partners, OVO Fund, Thomvest Ventures

LoanSnap is an Equal Employment Opportunity and Affirmative Action Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, protected veteran status, or disability status.

Job Type: Full-time

Salary: $75,000 - $95,000

Location: Onsite in Costa Mesa, CA no remote candidates will be considered.

PM20

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