Commercial Underwriter

Company: Jobot
Location: Gardena
Posted on: November 12, 2021

Job Description:

This Jobot Job is hosted by: Taylor ThibodeauAre you a fit? Easy Apply now by clicking the "Apply Now" button and sending us your resume.A bit about us:My client's mission is to improve your financial future. Whether you are an investor or borrower, customer or employee, visitor or shareholder, you---re worth more here.They offer a comprehensive suite of lending and savings products designed to protect and expand your enduring worth---to help you prosper in the things that matter most to you---your home, your business, your real estate portfolio, your dreams for the future.Why join us?

• Competitive Salary
• Comprehensive benefits package includes medical HMO or PPO, dental, and vision
• Life/AD&D & Long Term Disability Benefits
• Flexible spending accounts (FSA) Dependent Care
• Employee Assistance Program (EAP)
• Matching 401(k)
• Vacation and Sick benefits
• Personal Holiday
• Paid Bank Observed HolidaysJob DetailsWhat we are looking for:An individual who will ensure thorough and accurate analysis of loan applications and all related documentation; prepares and presents loan approval recommendations; monitors loans in process to ensure timely completion and effective communications to all parties involved.What will your day look like? You will:
  • Maintains a thorough working knowledge of company lending policies, procedures, underwriting guidelines, rate pricing, and requirements for packaging of loans.
  • Reviews loan application packages for completeness and conformity to company lending programs.
  • Determines when additional information and documentation will be required to complete underwriting.
  • Examines loan file documentation to determine acceptability of borrowers--- credit histories, adequacy of liquid assets and financial capacity in relation to loan requests.
  • Analyzes tax returns and financial statements to determine ongoing cash flow to support loan repayment.
  • Reviews preliminary title reports, purchase agreements, environmental reports, property inspections reports, appraisal reports, and related documentation for acceptability.
  • Liaisons with third parties to communicate needs and requirements.
  • Prepares loan decision recommendations and presents for approval.
  • Prepares commitment letters and communicates approval requirements and conditions to borrowers and brokers; follows-up for required conditions and reviews for approval. What you will need for this position:
    • Some College/Associate---s Degree; one to two years loan underwriting experience; or equivalent combination of education and experience.
    • Basic knowledge of appropriate software systems and adequate PC proficiency.Interested in hearing more? Easy Apply now by clicking the "Apply Now" button.

Keywords: Jobot, Gardena , Commercial Underwriter, Other , Gardena, California