What are the responsibilities and job description for the Junior Underwriter position at Coody & Co. Financing?
Job Description
Job Overview:
We are seeking a detail-oriented and motivated Junior Underwriter to join our growing team. This role is ideal for someone with a keen analytical mind, strong problem-solving skills, and a desire to grow within the real estate finance industry. The Junior Underwriter will assist in evaluating loan applications, assessing risk, and ensuring compliance with company underwriting guidelines.
Key Responsibilities:
Coody & Co. Financing is revolutionizing the real estate and home financing industries with our innovative owner-financing solution, helping more buyers achieve homeownership when traditional lending isn’t an option. As the mortgage industry slows, demand for our alternative financing model is skyrocketing, creating unmatched opportunities for growth and success. Join a forward-thinking company at the forefront of real estate financing innovation!
Coody & Co. Financing is revolutionizing the real estate and home financing industries with our innovative owner-financing solution, helping more buyers achieve homeownership when traditional lending isn’t an option. As the mortgage industry slows, demand for our alternative financing model is skyrocketing, creating unmatched opportunities for growth and success. Join a forward-thinking company at the forefront of real estate financing innovation!
Job Overview:
We are seeking a detail-oriented and motivated Junior Underwriter to join our growing team. This role is ideal for someone with a keen analytical mind, strong problem-solving skills, and a desire to grow within the real estate finance industry. The Junior Underwriter will assist in evaluating loan applications, assessing risk, and ensuring compliance with company underwriting guidelines.
Key Responsibilities:
- Assist in reviewing and analyzing financial documents, including credit reports, income statements, and tax returns, to assess borrower eligibility.
- Evaluate loan applications based on The Lucky Group’s underwriting criteria and risk assessment guidelines.
- Verify borrower information and ensure accuracy and completeness of loan files.
- Collaborate with senior underwriters, loan officers, and closing teams to facilitate the loan approval process.
- Identify and flag potential risks while working with the team to find solutions that align with company policies.
- Communicate with internal teams to gather necessary documentation and clarify underwriting requirements.
- Stay up to date with industry regulations, market trends, and best practices in alternative financing and underwriting.
- Bachelor’s degree in finance, real estate, business, or a related field (or equivalent work experience).
- 5 years of experience in underwriting in mortgage lending
- Strong analytical skills and attention to detail.
- Ability to interpret financial documents and assess creditworthiness.
- Excellent communication and organizational skills.
- Proficiency in LOS, specifically Arive
- Proficiency in Microsoft Office Suite (Excel, Word, Outlook) and familiarity with loan underwriting software is a plus.
- Ability to work in a fast-paced, deadline-driven environment.
Coody & Co. Financing is revolutionizing the real estate and home financing industries with our innovative owner-financing solution, helping more buyers achieve homeownership when traditional lending isn’t an option. As the mortgage industry slows, demand for our alternative financing model is skyrocketing, creating unmatched opportunities for growth and success. Join a forward-thinking company at the forefront of real estate financing innovation!
Coody & Co. Financing is revolutionizing the real estate and home financing industries with our innovative owner-financing solution, helping more buyers achieve homeownership when traditional lending isn’t an option. As the mortgage industry slows, demand for our alternative financing model is skyrocketing, creating unmatched opportunities for growth and success. Join a forward-thinking company at the forefront of real estate financing innovation!