Newrez LLC ยท 6 hours ago
Underwriter III
Michigan, United States
Full-time
Onsite
Mid, Senior Level
3+ years expNewrez LLC is dedicated to exceeding the expectations of residential mortgage borrowers and business partners through superior service and effective communication. The Underwriter III will be responsible for underwriting loans, providing training and support to team members, and ensuring compliance with company guidelines and policies.
FinanceFinancial Services
Responsibilities
Review, analyze and make final determination on loan submissions using manual underwriting guidelines as well as validating recommendations
Underwrite loans 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 on inquiries on loans underwritten by 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
Maintain department resource library to maintain reference material
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
Required
High School Diploma or equivalent required; 4-year college degree preferred
Minimum of three- five (3-5) 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
FHA and/or VA Designations Required
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
Benefits
Medical, dental, and vision insurance
Health Savings Account with employer contribution
401(k) Retirement plan with employer match
Paid Maternity Leave/Parental Bonding Leave
Pet insurance
Adoption Assistance
Tuition reimbursement
Employee Loan Program
The Newrez Employee Emergency and Disaster Fund is a new program to support our team members
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.
5001-10000 employees
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
2025 (31)
2024 (12)
2023 (41)
2022 (3)
2021 (2)
2020 (6)
Funding
Current Stage
Late StageLeadership Team
Joshua Bishop
Chief Operating Officer, Servicing
B
Bruce Williams
Vice Chairman
Recent News
2025-11-01
2025-11-01
Fight Colorectal Cancer
2025-10-31
Company data provided by crunchbase