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Junior Underwriter

4 weeks ago


salt lake city, United States Intercap Lending, Inc Full time

Job Description

Intercap Lending is seeking a motivated and detail-oriented Junior Underwriter to support our underwriting team in assessing mortgage loan applications for approval. The Junior Underwriter will play a crucial role in reviewing borrower documents, evaluating risk factors, and ensuring compliance with lending guidelines. The successful candidate will have strong analytical skills, a solid understanding of underwriting principles, and a commitment to delivering high-quality results.


Responsibilities

* Review and analyze borrower documents, credit reports, income verification, and other relevant information to assess loan eligibility.

* Evaluate loan applications against company and investor guidelines to determine creditworthiness and risk levels.

* Collaborate with loan processors, loan officers, and other teams to gather necessary documentation and information.

* Communicate with internal and external stakeholders to clarify information and address inquiries.

* Make recommendations for loan approvals, denials, or conditions based on underwriting analysis.

* Ensure compliance with regulatory requirements and industry best practices in underwriting decisions.

* Assist in maintaining underwriting documentation, records, and reports.

* Stay updated on changes in underwriting guidelines and industry trends.


Qualifications

* Bachelor's degree in finance, business administration, or related field is preferred.

* 1+ years of experience in mortgage underwriting or related roles is a plus.

* Solid understanding of mortgage underwriting principles and loan processing.

* Proficiency in reviewing credit reports, income documentation, and borrower information.

* Strong analytical and problem-solving skills.

* Excellent attention to detail and accuracy in reviewing documents.

* Effective communication and interpersonal abilities.

* Ability to work efficiently in a fast-paced environment.

* Familiarity with Encompass or other loan origination systems is a plus.

*Remote


“Intercap Lending Inc., with offices in Arizona, California, Utah and New Mexico, is a direct Fannie Mae, Freddie Mac, and Ginnie Mae seller, servicer, and issuer.


At Intercap Lending, we believe in THE HOME.


We believe that our coworkers and employees are more like FAMILY.


We believe that our business relationships are VALUABLE beyond measure.


We VALUE our clients and believe in making every step in the mortgage process a positive one by using and CREATING the best tools in the industry.


But most of all, we believe that all dreams of owning homes, should be realities.


Intercap Lending.... Welcome Home.”