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Mortgage Underwriter
- birmingham, west midlands, B1 1BB, United Kingdom
- Permanent·On-site
- Full time
- £55,000 - £55,000 Per Annum
Job Description
About the Role
Our client is seeking a meticulous and experienced Mortgage Underwriter to join their reputable banking institution in Birmingham . This critical role involves assessing the risk associated with mortgage applications, ensuring compliance with lending policies and regulatory requirements. You will play a key part in the mortgage origination process, making informed decisions that balance profitability with sound lending practices. This is an excellent opportunity for a detail-oriented professional to contribute to a stable and growing financial services company, working within a supportive team environment.
Key Responsibilities
- Evaluate mortgage loan applications, assessing creditworthiness, property valuation, and borrower risk.
- Analyze financial documentation, including income verification, asset statements, and credit reports.
- Ensure all underwriting decisions comply with company policies, regulatory guidelines, and legal requirements.
- Communicate effectively with loan officers, brokers, and third-party vendors to gather necessary information and clarify details.
- Approve, decline, or refer loan applications based on established underwriting criteria.
- Maintain accurate and organized loan files and documentation.
Requirements
- Proven experience as a Mortgage Underwriter or in a similar lending role.
- Strong knowledge of mortgage lending regulations, compliance, and underwriting best practices.
- Proficiency in loan origination software and Microsoft Office Suite.
- Excellent analytical and decision-making skills with a keen eye for detail.
- Ability to manage a pipeline of applications efficiently and meet deadlines.
- Strong communication and interpersonal skills.
Benefits
- Competitive salary and potential for performance-based incentives.
- Full-time employment with a respected financial institution.
- Comprehensive medical, dental, and vision coverage.
- Company-sponsored retirement savings plan.
- Opportunities for ongoing training and professional development in the mortgage industry.