Underwriter III - ONSITE ONLY - Mortgage Banking Expert with Conforming and Non-Conforming Loans Experience

Join the Newrez Family of Companies as an Underwriter III and Be Part of a Team That Makes a Difference in People's Lives

At Newrez, we understand that buying a home or refinancing a mortgage loan is a significant milestone in a person's life. That's why we're committed to providing exceptional service, simple processes, and effective communications to our residential mortgage borrowers and business partners. As a leader in the mortgage banking industry, we're dedicated to empowering our employees to exceed expectations and deliver innovative solutions. If you're a motivated and experienced underwriter looking for a new challenge, we want to hear from you!

About Us

Newrez is a fast-growing, innovative mortgage lender that's changing the way people buy homes and refinance their mortgage loans. With a strong commitment to customer satisfaction, we're building a reputation for excellence in the industry. Our company culture is centered around valuing and rewarding entrepreneurial spirit, teamwork, and divisional cooperation. We're proud to be an equal opportunity employer that celebrates diversity and inclusion.

Job Summary

We're seeking an experienced Underwriter III to join our team on a full-time, onsite basis. As an Underwriter III, you'll be responsible for reviewing, analyzing, and making final determinations on loan submissions using manual underwriting guidelines. You'll also provide training, guidance, and support to team members, work with lending teams to identify potential solutions for difficult loan files, and communicate with internal and external clients on loan inquiries.

Key Responsibilities:

• Review, analyze, and make final determinations on loan submissions using manual underwriting guidelines
• Validate recommendations and underwrite loans as determined by lending authority set by management
• Work with lending teams to identify potential solutions and alternatives for difficult or denied loan files
• Communicate with internal and external clients on inquiries regarding loans underwritten by vendors
• Research and respond to team leads on loans requiring additional escalation and review
• Proactively address underwriting submission deficiencies and provide backup support to team leaders as necessary
• Review and maintain guidelines to stay up-to-date with all requirements and regulations
• Participate in the orientation of new personnel and provide technical support for systems as necessary

Requirements and Qualifications

Education and Experience:

• High school diploma or equivalent required; 4-year college degree preferred
• Minimum of 3-5 years of underwriting experience with conforming and non-conforming loans required
• Minimum of 6 years of mortgage banking experience, including jumbo loans and/or government products

Knowledge, Skills, and Abilities:

• FHA and/or VA designations required
• Ability to differentiate between first and second mortgage underwriting
• Ability to handle secure and private information
• Technical experience with Windows, Excel, Word, PowerPoint, underwriting software, and systems
• 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

What We Offer

Company Perks:

• 15 paid time off (PTO) days and 18 after 1st anniversary
• 9 paid holidays
• Casual workplace
• 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
• Performance-based incentives
• Pet insurance
• Advancement opportunities

Newrez NOW:

• Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through 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

Why Join Us?

At Newrez, we're committed to creating a work environment that's inclusive, supportive, and empowering. We value diversity and celebrate our employees' differences. As a leader in the mortgage banking industry, we're growing rapidly and offer abundant opportunities for career growth and development. If you're looking for a new challenge and want to be part of a team that makes a difference in people's lives, apply today to join our team as an Underwriter III.

How to Apply

If this role sounds like a perfect fit, don't hesitate. Apply today and let's build the future together.

We look forward to hearing from you!