Job type full-time
Full job description
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.
Title: underwriter - scenario
Location: remote - our hq is located fort washington, pa
The main focus of this role is to act as a subject matter expert in underwriting newrez products, processes and interpretation of investor guidelinesThis position is primarily responsible for providing detailed underwriting guidance and proactive lending solutions to our sales partners and clients.
Responsible for reviewing loan scenarios and providing lending solutions to our sales partners and clients .
Exercise appropriate judgment and authority in interpreting and providing loan solutions based on knowledgeable decisions.
Effectively escalate credit risk and underwriting related questions as needed.
Create lending solutions through proactive problem solving, researching and answering product, process and guideline questions.
Cultivate and maintain strategic business relationships.
Demonstrate commitment to, and compliance with, newrez credit risk philosophy.
Provide best in class customer service
Analyze borrower’s credit profile, collateral and capacity to repay the proposed mortgage obligation
Complete fully developed income calculations for various loan products
Stay informed of current and acceptable underwriting practices
Maintain and cultivate effective working relationship with internal and external customers
Prioritize work queue to ensure service level agreements are met
Consistently meet or exceed established minimum productivity and quality goals
Provide quality control responses in a timely manner
Act as a role model of the company’s values, acting in an ethical and professional manner at all times
Embrace company culture
Education and experience requirements
Minimum 4 years of residential loan underwriting experience
Strong processing background preferable
High school diploma required
College diploma preferred
Knowledge, skill, and ability requirements
Strong analytical skills
Ability to make risk based lending decisions supported with relevant data and research
Knowledgeable with ms office
Excellent customer service skills
Excellent verbal and written communication skills
Great organizational skills
Company perks :
15 paid time off (pto) days and 18 after 1st anniversary!
8 paid holidays
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
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 statusDifferent makes us better.