Open roleExternal
Remote Mortgage Underwriter
- milton keynes, buckinghamshire, MK9 2LA, United Kingdom
- Permanent·Remote
- Full time
- £60,000 - £60,000 Per Annum
Job Description
About the Role
Our client is looking for a meticulous and experienced Remote Mortgage Underwriter to join their fully remote team, operating from Milton Keynes but serving clients nationwide. This critical role involves evaluating mortgage loan applications to assess risk and ensure compliance with lending policies and regulatory guidelines. You will play a key part in the loan approval process, making sound judgments based on applicant creditworthiness, property valuations, and financial documentation, all while working from the comfort of your home office, contributing to a streamlined and efficient mortgage lending operation that prioritizes remote accessibility and robust risk management.
Key Responsibilities
- Review and analyze complete mortgage loan applications, including credit reports, income verification, and property appraisals.
- Assess the overall risk profile of applicants and ensure adherence to all company underwriting guidelines and regulatory requirements (e.g., MMR, FCA).
- Make informed decisions on loan approvals, denials, or counter-offers, documenting rationale clearly and concisely.
- Communicate effectively with loan officers, processors, and external parties regarding loan status and required documentation.
- Identify potential fraud indicators and escalate suspicious applications for further investigation.
- Stay current with industry trends, lending policies, and regulatory changes impacting mortgage underwriting.
Requirements
- Proven experience as a Mortgage Underwriter , with a strong understanding of residential lending practices.
- In-depth knowledge of credit policies, loan products, and regulatory compliance in the UK.
- Excellent analytical and decision-making skills with a keen eye for detail.
- Proficiency in loan origination software (LOS) and other underwriting tools.
- Strong written and verbal communication skills, essential for remote collaboration.
- Ability to manage a pipeline of applications efficiently and meet turnaround time targets from a remote setting.
Benefits
- Competitive salary commensurate with experience.
- Home-based role offering excellent work-life balance.
- Company-provided equipment and potential home office stipend.
- Comprehensive health and wellness benefits package.
- Opportunities for professional development and certifications in mortgage lending.