Senior Underwriter

Summary

Join Easy Street Capital, a private real estate lender, as a Senior Underwriter/Loan File Reviewer. You will perform comprehensive underwriting reviews for DSCR loans on the company's "EasyRent" platform, ensuring compliance with industry standards and securitization requirements. The role involves reviewing loan files, providing feedback to credit analysts, and staying updated on industry changes. This position is based in Austin, Texas, with remote options available nationwide. Easy Street Capital offers a fast-paced, innovative environment where you can grow your career. The ideal candidate possesses 2-5 years of experience in underwriting DSCR or non-QM residential loans and a strong understanding of mortgage loan documentation.

Requirements

• 2-5 Years Experience in a related role (Underwriting, Loan File Reviews, Due Diligence,) to DSCR Loans (or non-QM residential loans)
• Extremely high attention to detail and organizational skills
• Strong communication skills and ability to both give and receive feedback
• Strong Understanding on the documentation involved in mortgage loan files underwritten for RMBS/CMBS securitizations including legal documents, appraisals, property insurance, title insurance, LLC entity documents, leases and credit/background reports
• Positive Attitude, Accountability and willingness to work additional hours (past standard 45-Hour Week) in times of heavy deal flow

Responsibilities

• Perform underwriting loan file reviews of loan files prepared and underwritten by credit analysts and senior credit analysts. This involves a full file review including documentation, review of accuracy and completeness of data tape and a review of an underwriting and asset summary report (liquid assets analysis, rent roll, cash flows and narrative writeup)
• Provide direct feedback and training on reviews to the credit analysts and senior credit analysts, including explanation of changes and ongoing guidance for improvement
• Continuously develop expertise on internal underwriting guidelines and any market changes or developments in the industry

Benefits

• Company sponsored health insurance
• Company paid life Insurance
• Company sponosred 401(k)
• Paid vacation time
• Paid sick leave