Senior Underwriter

Summary

Join Better, a reimagined home finance company, as a Senior Mortgage Underwriter! You will leverage your expertise in government loans to assess borrower financials and credit information, guiding lending decisions. Collaborate with the production team for seamless closings and contribute to reimagining the mortgage process. This role requires strong analytical skills, experience with various loan types, and the ability to manage a high volume of loans. Better offers a comprehensive benefits package including flexible PTO, $0 medical plan premium, mental health support, and more. This is an opportunity to make a significant impact in a fast-paced, innovative environment.

Requirements

• 5+ years of experience underwriting FNMA, FHLMC, FHA, VA, and Non-Conforming mortgages
• Active FHA DE and VA SAR designations required
• Expert knowledge of Desktop Underwriter (DU) & Loan Prospector/Loan Product Advisor (LP/LPA)
• Ability to work well in a high pressure, fast paced environment
• Must be able to carry a pipeline of 200+ loans
• Ability to carry out requisite loan calculations (DTI, LTV, etc.)
• Proven ability to thrive in a remote setting
• Manage multiple loan files simultaneously in a high-volume setting
• Strong written and verbal communication
• The drive to build something new
• Excellent attention to detail, the ability to work efficiently under pressure, and a deep understanding of loan processes are essential in this role

Responsibilities

• Underwrite and decision FHA, VA, agency conforming, and jumbo residential mortgage loans
• Verify and analyze all necessary financial information and documentation; ensure that loan files contain all necessary credit and legal documents
• Review appraisal reports to identify and resolve any discrepancies discovered within
• Conduct thorough analysis of applicant's income and expense data, asset documentation, credit reports, and property valuations to confirm loan eligibility
• Calculate qualifying ratios, assess creditworthiness, and provide risk assessments
• Work closely and effectively with cross-functional teams and departments on a daily basis

Preferred Qualifications

HELOC experience a plus

Benefits

• Benefits eligibility effective DAY ONE
• *$0 medical plan premium offering coverage nationwide paired with our Health Savings Account that includes an employer contribution (*Additional Medical, dental, vision plan options also all with nationwide coverage)
• Flexible PTO
• Immediate virtual mental health support by licensed therapists for our employees and their eligible dependents age 6 and up! First few visits at no cost to you!
• Personalized care for every fertility and family care journey for our employees and their partner!
• Dependent care benefits (i.e. childcare and/or elder care costs) and commuter benefits both include a company match!
• Discount programs and perks including pet Insurance!
• Have Lunch on us! Daily lunch stipend for meals while in the office
• Monthly social events
• NYC HQ Oculus discounts