Better is reimagining home finance and making it faster, cheaper, and easier for everyone to become a homeowner. We leverage creative technology and innovation to make the home buying journey more approachable and understandable and home finance more affordable and accessible. Here are some interesting facts to help you get to know Better:
– We’ve funded over $100 billion in loans for our customers, more than any other fintech
– We ranked #1 in the U.S. on LinkedIn’s Top Startups 2020 and 2021
– We are Forbes’ Best Online Mortgage Lender for 2023
– We are USA Today’s Best Mortgage Lenders of 2023, Best for FHA Loans
– We have raised over $1.2 billion in equity capital to transform the mortgage industry, the largest financial asset class in the world
– And we’re just getting started!
We are a place where smart, hungry, ambitious people who want to recognize their full potential thrive.
A Better Opportunity
Better is looking for a mortgage Underwriter to join our growing team! Using established underwriting guidelines, you will evaluate borrower financial and credit information in tandem with property valuations to inform lending decisions. As an Underwriter, it will be your responsibility to make intelligently aggressive risk decisions that are rooted in knowledge and experience. Our underwriters work closely with all members of the production team throughout the process to bring loans to closingYou will have the opportunity to wear many hats, ranging from a visionary redesigning the needlessly complex mortgage process; a data analyst uncovering how to make the most impact; to a problem solver working with highly skilled engineers and industry experts to resolve technical and operational challenges.
Responsibilities
- Underwrite and decision agency conforming and home equity residential mortgage loans
- Verify and analyze all necessary financial information and documentation; ensure that loan files contain all necessary credit and legal documents
- Review appraisal reports to identify and resolve any discrepancies discovered within
- Perform thorough analysis of applicant’s income and expense data, asset documentation, credit reports, and property valuations in order to affirm borrower qualifies for loan
- Calculate qualifying ratios, determine creditworthiness; provide risk opinions
Qualifications
- 3+ years of experience underwriting FNMA and FHLMC mortgages
- Expert knowledge of Desktop Underwriter (DU) & Loan Prospector/Loan Product Advisor (LP/LPA)
- Categorical understanding of the mortgage lending process
- Ability to carry out requisite loan calculations (DTI, LTV, etc.)
- Capable of preparing findings reports
- Proven ability to thrive in a remote setting
- Ability to handle multiple files simultaneously
- Strong written and verbal communication
- Perform well in team environments
- The drive to build something new
- VA, FHA, Non-Conforming & Heloc experience a plus
Company Benefits
Our total rewards package consists of base salary, incentive compensation, equity and benefits. Some of our benefits include:
– Comprehensive healthcare, retirement, and voluntary benefits. Think medical, dental, vision, health savings accounts, 401k, and more.
– Personalized care and tools for realizing your mental health and wellness goals.
– Company paid for lunch when working in the office.
– Additional benefit perks & discounts. APPLY HERE