Our client is a market leader within mortgages and savings, their customers are at the centre of everything they do and they have a fantastic opportunity for an experienced Mortgage Underwriter to join their team. Their head office is based in Surrey, however they are happy for this role to be mainly remote, with one day per week office based.
As their Mortgage Underwriter, you will process loan applications received from initial acceptance to the checking of the release of the advance and the approval of Mortgage Offers.
Key duties will include: -
- Assess loan applications to ensure completeness of documentation to company standards and, in relation to introduced cases, liaise with Intermediary’s / BDM’s to procure the submission of omitted items as necessary.
- Undertake appraisal of applications received and submit recommendations as to underwriting checks to be undertaken to either the Assistant Manager, Loans Underwriting or Head of Loans Underwriting ("Outside Guideline" or "Within Guideline" cases within delegated authority limits) as appropriate.
- Acknowledge application to applicant and intermediary, (via phone and follow up email).
- Case ownership from Application through to Offer. Drive application to offer times by tracking of mortgage pipeline within Service Level Agreement.
- Issue instructions to Panel Valuers.
- Input and on-going maintenance of all applications received on recording systems (manual or computerised) operational within the Loans Underwriting area, in accordance with laid down procedures.
- Produce Loan Offers in compliance with the company’s Lending Policy and laid down procedures, for submission to and approval by the Assistant Manager, Loans Underwriting or the Head of Loans Underwriting, as appropriate.
- Despatch Mortgage Offers and Solicitors Instructions, if applicable, following approval.
The successful individual will possess:
- Previous manual, mandated underwriting experience