Job summary
Job overview
The Underwriter III at Newrez LLC is responsible for ensuring timely and compliant underwriting of residential mortgage loans while providing training and support to team members.
Responsibilities and impact
Daily tasks include reviewing loan submissions, underwriting loans, collaborating with lending teams, communicating with clients, and maintaining compliance with guidelines.
Compensation and benefits
Benefits include medical, dental, vision, life insurance, a 401(k) plan with company match, performance-based incentives, pet insurance, and advancement opportunities.
Experience and skills
Candidates need a high school diploma (4-year degree preferred), 5+ years of underwriting experience, and knowledge of FHA and/or VA designations, along with technical skills in various software.
Career development
The role offers advancement opportunities and participation in corporate social responsibility programs, enhancing community leadership.
Work environment and culture
Newrez promotes teamwork, recognizes superior performance, and encourages innovative solutions within a supportive work environment.
Company information
Newrez LLC is focused on providing superior service in residential mortgage lending, emphasizing employee empowerment and community involvement.
Team overview
The Underwriter III will work closely with lending teams and provide support and training to team members, fostering a collaborative environment.
Job location and travel
This position is on-site, requiring in-person presence for critical operations, training, and collaboration.
Application process
Candidates must apply with necessary documentation, acknowledging that this is not a remote role and requires on-site work.
Unique job features
Unique aspects include a corporate social responsibility program, volunteer opportunities, and employee matching gifts for charitable donations.
Company overview
Newrez is a leading mortgage lending and servicing company that specializes in offering a wide range of mortgage products, including conventional, FHA, VA, and jumbo loans. They generate revenue through origination fees, interest income from servicing loans, and selling loans to investors. Founded in 2008, Newrez has grown significantly through strategic acquisitions and partnerships, positioning itself as a prominent player in the mortgage industry. Their commitment to customer service and innovative technology solutions are key aspects that drive their business success.
How to land this job
Position your resume to showcase your extensive underwriting experience, particularly with conforming and non-conforming loans, and emphasize your proficiency in FHA and VA designations as these are critical for the Underwriter III role at Newrez LLC.
Highlight your strong customer service skills and ability to communicate effectively with internal and external clients, as these are essential for exceeding borrower expectations and providing superior service.
Apply through multiple platforms, including Newrez LLC's corporate website and LinkedIn, to maximize your chances of being noticed for the Underwriter III position.
Connect with professionals in the underwriting division at Newrez LLC on LinkedIn to inquire about the role; consider ice breakers like discussing recent industry trends or asking about their experiences with the company culture.
Optimize your resume for ATS systems by incorporating keywords from the job description such as 'underwriting,' 'compliance,' and 'loan submissions' to ensure it passes initial screenings.
Utilize Jennie Johnson's Power Apply feature to streamline your job application process, allowing you to focus on networking and preparing for interviews while ensuring your applications are tailored and submitted efficiently.
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