Mortgage Underwriter

Job Summary
Unicorn Hunter partnering with Sage Home Loans is looking for experienced Underwriters to work on-site with a hybrid schedule in their Fort Mill, SC office! We are seeking a detail-oriented and analytical Mortgage Underwriter to join their dynamic team. The ideal candidate will possess strong financial acumen and a deep understanding of mortgage lending processes. As a Mortgage Underwriter, you will be responsible for evaluating loan applications, assessing risk, and ensuring compliance with regulatory standards. Your expertise will play a crucial role in making informed lending decisions that align with our company's goals.

What You’ll Do:

• Underwrite various types of residential real estate secured loans.
• Provide input into operational initiatives, benchmarks and metrics to meet department objectives.
• Serve as a subject matter expert in residential underwriting, especially agency (Fannie Mae, Freddie Mac) underwriting guidelines.
• Ability to handle complex loans with specific investor guideline overlays, and industry trends related to loan underwriting and home equity lending.
• Responsible for reviewing, analyzing and auditing complex residential real estate loan transactions for data input accuracy, regulatory compliance, document requirements and compliance with investor guidelines.
• Complete cash flow analysis to determine the borrower’s cash flow and the overall financial condition of the borrower (i.e.; financial statements, credit reports, applicable rations, etc.).
• Utilize manual and automated underwriting to determine appropriate conditions and loan decisions according to investor requirements.
• Review collateral/property appraisals to ensure the documents meet all investor requirements.
• Ensure integrity of all state and federal regulations affecting the underwriting and issuance of mortgage credit to borrowers while providing a final line of defense for loan guideline and regulatory compliance.
• Approve loans up to lending authority, review and sign off secondary market loan denials, and escalate loans above authority for appropriate review.
• Provide input for development and revision of department procedures related to processing residential real estate loans.
• Underwriting Conventional (conforming and jumbo)
• Underwriting in an Automated Underwriting system environment
• Working in an Encompass based lender environment

What We’re Looking For:

• 3 years of mortgage underwriting experience
• Ability to work in office with a hybrid schedule (Tuesday-Thursday in office)
• Residential mortgage underwriting of first mortgages sold in the secondary market
• Underwriting of all types of loans for sale in the secondary market and for portfolio use
• Evaluating residential mortgage and home equity lending applications
• Resolution of title and other underwriting issues
• Analyzing technical issues and complex data to develop sound conclusions
• PC software applications including Word and Excel
• Working with Automated Underwriting Systems
• Working with Encompass Loan Origination System
• Mortgage and home equity loan/line products, services, pricing, tax and regulatory requirements
• Math concepts to support cash flow analysis
• FCRA, ECOA and other federal/state regulations regarding the extension of credit
• Underwrite salable residential mortgage and home equity loans/lines

Even Better:

• Knowledge of FHA, VA loans
• Assist with the expansion of the current business plan allowing for the origination and sale of first mortgage loans in the secondary market to multiple investors and the GSEs
• Assist senior staff and management in building a growing residential lending business
• Display sound negotiation skills and good business judgment when working with applicant(s) and outside lien holders to clear underwriting and title issues
• Adhere to and provide input for real estate loan processing procedures
• Provide direction to and/or assist in the development/training of support/processing staff if/when warranted

Join us in shaping the future of mortgage lending by applying your expertise as a Mortgage Underwriter. Your contributions will be vital in helping clients achieve their homeownership dreams while maintaining our commitment to responsible lending practices.

Who They Are:

is a digital mortgage lender solution redefining the mortgage origination experience. By building new technology solutions we're creating simple and clean customer experiences to simplify the mortgage application process. Our team has developed a fully digital online application that enables the user to complete their application and start looking for the right mortgage that matches their needs 24/7. We then marry the digital journey with exceptional human interaction from our expert Loan Officers to create the best possible borrower experience.

Red Ventures

Founded in 2000, Red Ventures is a portfolio of growing digital businesses that bring consumers and brands together through integrated e-commerce, strategic partnerships and many proprietary brands including Bankrate, AllConnect.com and Reviews.com. Headquartered south of Charlotte, NC, Red Ventures has over 3000 employees in offices across the US, as well as London and Sao Paulo. For more information, visit and follow @RedVentures on social platforms.

We offer competitive salaries and a comprehensive benefits program for full-time employees, including medical, dental and vision coverage, paid time off, life insurance, disability coverage, employee assistance program, 401(k) plan and a paid parental leave program.

Red Ventures is an equal opportunity employer that does not discriminate against any employee or applicant because of race, creed, color, religion, gender, sexual orientation, gender identity/expression, national origin, disability, age, genetic information, veteran status, marital status, pregnancy or any other basis protected by law. Employment at Red Ventures is based solely on a person's merit and qualifications.

We are committed to providing equal employment opportunities to qualified individuals with disabilities. This includes providing reasonable accommodation where appropriate. Should you require a reasonable accommodation to apply or participate in the job application or interview process, please contact accommodation@redventures.com.

If you are based in California, we encourage you to read this important information for California residents linked.

Job Type: Full-time

Pay: $90,000.00 - $105,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible schedule
• Health insurance
• Life insurance
• On-site gym
• Paid time off
• Parental leave
• Referral program
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Work Location: Hybrid remote in Fort Mill, SC 29707

Salary : $90,000 - $105,000