Better is reimagining home finance and making it faster, cheaper, and easier for everyone to become a homeowner. We leverage creative technology and innovation to make the home buying journey more approachable and understandable and home finance more affordable and accessible. Here are some interesting facts to help you get to know Better:
-
We’ve funded over $100 billion in loans for our customers, more than any other fintech
-
We ranked #1 in the U.S. on LinkedIn's Top Startups 2020 and 2021
-
We are Forbes’ Best Online Mortgage Lender for 2023
-
We are USA Today’s Best Mortgage Lenders of 2023, Best for FHA Loans
-
We have raised over $1.2 billion in equity capital to transform the mortgage industry, the largest financial asset class in the world
-
And we’re just getting started!
We are a place where smart, hungry, ambitious people who want to recognize their full potential thrive.
ABOUT THE TEAM
As an Underwriting Specialist, it is our responsibility to make intelligently aggressive risk decisions that are rooted in knowledge and experience. Through the talent of our team we are making the homeownership process simpler, faster - and most importantly, more accessible for all Americans.
ABOUT THE ROLE
The Underwriting Specialist role uses established underwriting guidelines, to evaluate borrower financial and credit information in tandem with property valuations to make informed lending decisions on our more basic loan files. Our underwriting specialists work closely with all members of the production team throughout the process to bring loans to closing.You will have the opportunity to underwrite a wide array of property, income and credit profiles. Additionally, there will be continued education to help you develop your underwriting skills and overall credit acumen, that will lead to a successful career in mortgage underwriting.
We value the experience gained while in this role to help bridge the gap to becoming a seasoned Underwriting Specialist.
ABOUT YOU
●Bachelor's degree in finance, business, or a related field is typically required.●Minimum 1 years experience in core US mortgage Underwriting.●Strong analytical skills with the ability to evaluate complex financial documents.●Knowledge of mortgage industry regulations, primarily conventional loan programs.●Familiarity with underwriting software and automated underwriting systems (AUS) such as LP and DU.●Excellent communication and interpersonal skills.●Attention to detail and the ability to work independently.
RESPONSIBILITIES:
●Evaluate and recommend decision for agency conforming residential mortgage loans●Verify and analyze all necessary financial information and documentation; ensure that loan files contain all necessary credit and legal documents●Perform thorough analysis of applicant's income and expense data, asset documentation, and credit reports, in order to affirm borrower qualifies for loan.●Calculate qualifying ratios, determine creditworthiness; provide risk opinions and recommendations (Conditionally Approve/Suspension)●Maintain acceptable Quality Control standards set by the underwriting team.●Communicate the documentation requirements to our internal processing partners .●Engage in ongoing learning to expand mortgage underwriting around complex concepts and learn how to lean-into-the-grey.
Company Benefits
Our total rewards package consists of base salary, incentive compensation, and benefits. Some of our benefits include:
-
Comprehensive healthcare, retirement, and voluntary benefits. Think medical, dental, vision, health savings accounts, 401k, and more.
-
Personalized care and tools for realizing your mental health and wellness goals.
-
Company paid for lunch when working in the office.
-
Additional benefit perks & discounts.
Disclaimer
Better Home & Finance Holding Company is an equal opportunity employer committed to fostering an inclusive and diverse environment for our employees. We are committed to equal employment opportunities regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status, or any other reason protected by law.We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities.
Better will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.
California Consumer Privacy Rights Notice for Job Applicants
Under the California Consumer Privacy Act (CCPA), Better is required to inform California residents who are our job applicants or prospective talent (together "job applicants") about the categories of personal information we collect about you and the purposes for which we will use this information. The notice contains disclosures required by the CCPA and applies only to personal information that is subject to the CCPA.Apply for this job
