Mortgage Underwriter

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Ready to Take the Next Step in Your Career?

Whether you’re a Broker eager to transition into mortgage underwriting, or an experienced Mortgage Underwriter looking for the next step in your career this is the opportunity you’ve been waiting for!

About the Company

This company has been built by an experienced team from diverse backgrounds, all recognising the enormous potential for innovation in the UK financial services market.

Their focus is on helping high-net-worth individuals and real estate investors maximise their property assets through tailored lending solutions.

The Mortgage Underwriter Role

As a Mortgage Underwriter specialising in Buy to Let and Bridging Finance, you will play a critical role in assessing and evaluating mortgage applications to determine creditworthiness and adherence to lending criteria. You will analyse borrower information, financial documents, and property data to make informed decisions regarding loan approvals and risk assessments.

This role is also open to experienced mortgage brokers in and around Basingstoke who are looking to transition into underwriting. If you have buy-to-let or bridging experience in property finance, this will be considered as sufficient exposure to move into an underwriting role.

1. Assess and analyse mortgage applications ensuring loans align with lending criteria.
2. Ensure compliance with lending policies, underwriting guidelines, and regulatory requirements.
3. Verify and validate borrower documentation.
4. Work closely with mortgage brokers, borrowers, appraisers, and legal professionals to resolve queries.
5. Make informed underwriting decisions, balancing risk factors, borrower qualifications, and property value.
6. Identify potential risks and propose mitigation strategies to protect the lender’s interests.

The Mortgage Underwriter Package:

1. Basic Salary up to £43k.
2. Annual individual and company performance bonus.
3. 25 days holiday per year + bank holidays.
4. Flexible working arrangements can be discussed based on requirements.

Mortgage Underwriter Desired Skills & Experience:

1. A background in mortgage underwriting, or experience as a mortgage broker in Buy to Let or Bridging Finance.
2. Strong knowledge of mortgage lending policies, underwriting guidelines, and regulatory compliance.
3. Ability to analyse financial statements, assess risk, and make sound lending decisions.
4. Excellent attention to detail and accuracy in reviewing and verifying borrower documentation.
5. Effective communication and interpersonal skills to collaborate with multiple stakeholders.
6. Sound judgement and decision-making abilities, considering risk factors and lending variables.
7. Strong organisational skills to manage a high volume of mortgage applications within deadlines.

Interested?

If you're a mortgage broker looking to transition into underwriting, or an experienced mortgage underwriter seeking your next move, we'd love to hear from you. Contact us to arrange a call and explore this opportunity further!