Loan underwriter

Southington, CT

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Description

Do you have experience processing or underwriting loans? Are you looking for a position with the flexibility to work from home? Westaff is currently accepting applications for a loan underwriting position in Southington, CT! 

Shift: Monday- Friday 8am- 5pm 

Pay Range: $18 - $23/hr 

Position Summary

Underwrite and assess credit quality of consumer loan, residential mortgage loan, and subordination requests in accordance with bank credit policies and/or investor guidelines. Responsible for review and analysis of entire file, including application, credit report, investor findings (i.e. DU), income and asset documentation, customer identification information, OFAC review, title verification, fraud review, and collateral review, including in-depth review of property valuation (i.e. full appraisal, AVM, etc.). Render final decision on pipeline of loans and recommend decisions on loans that exceed authority.

The ideal candidate will have experience in: 

  • Need to have understanding of Commercial financial statements and tax returns, Personal tax returns and loan documentation.
  • Know how to read a credit report (at least have exposure to).
  • Bonus to have knowledge of SBA programs (Small business administration).
  • Underwriting small business loans (.5 mil or under).
  • Ideally have 1-3 or 2-4 years of relevant experience.

Apply today for immediate consideration! Take advantage of Westaff's weekly pay, health benefits and free online classes! 

Apply Now