Newrez LLC · 4 days ago
Underwriter
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H1B Sponsor Likely
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Responsibilities
Review, analyze and make final determination on loan submissions using manual underwriting guidelines as well as validating recommendations.
Underwrite Jumbo loans, special programs as determined by lending authority set by management.
Work with Correspondent or Consumer Lending to identify potential solutions/alternatives for difficult/denied loan files.
Communicate with internal and external clients and UW Vendors on inquiries on loans underwritten by the company/vendors.
Research and respond to team lead on loans requiring additional escalation and review and ability to summarize issues, concerns, and recommendations.
Proactively addresses underwriting submission deficiencies.
Provide back-up support to Team Leader as necessary to ensure efficient operations and smooth and timely flow of work.
Review and maintain guidelines to stay up to date with all requirements.
Review of audit files for Quality/Funding issues to determine compliance and acceptance of loan.
Assist in correction of delivery violations and government ensuring deficiencies on specific files as required.
Analyze Trust agreements as needed.
Participate in the orientation of new personnel to ensure consistency.
Provide technical support for systems as necessary.
Performs related duties as assigned by supervisor.
Qualification
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Required
High School Diploma or equivalent required.
Minimum of five (5) years underwriting experience with conforming and non-conforming loans required.
Minimum six (6) years of mortgage banking required, including Jumbo Loans and/or Government Products.
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.
All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator.
Preferred
4-year college degree preferred.
Government designations preferred.
Benefits
Medical (including Health Savings Account & Flexible Savings Account)
Dental - RX – Vision – Life, Disability Insurance – 401(k) Plan with company match!
Performance-based Incentives
Pet Insurance
Advancement Opportunities
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
Company
Newrez LLC
Newrez brings a unique combination of mortgage expertise, financial strength, and product innovation capabilities to the lending table.
H1B Sponsorship
Newrez LLC has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (5)
2022 (39)
2021 (2)
2020 (6)
Funding
Current Stage
Late StageRecent News
Business Journals
2024-05-08
2024-03-07
Company data provided by crunchbase