Commercial Mortgage Underwriter

Commercial Mortgage Underwriter

Tamworth Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: You'll underwrite commercial mortgages, liaising with brokers and customers to ensure smooth applications.
  • Company: Join a specialist real estate packager focused on BTL, Bridge, and Commercial properties.
  • Benefits: Enjoy a competitive salary, bonuses, and the chance to work in a dynamic office environment.
  • Why this job: This role offers hands-on experience in finance, building relationships and enhancing your professional skills.
  • Qualifications: No specific qualifications required; just bring your enthusiasm and willingness to learn!
  • Other info: This position is fully office-based and available immediately.

The predicted salary is between 36000 - 60000 £ per year.

This is a new position within a specialist real estate packager dealing with BTL, Bridge and Commercial property, to act on qualified leads from the Sales team, identify the customer 'need and requirements', source the appropriate product from a panel of lenders and explain the product with its particular features to the Broker, to enable conversion to Application.

Day to day workload will involve completing booked appointments with customers and Brokers, speaking to, and rapport building with all stakeholders, using sourcing tools and knowledge to source products from an extensive lender panel and production of accurate (Right First Time) illustrations.

Underwriters will take ownership of their individual pipelines, in line with our customer contact strategy to maximise conversion from illustration to application. You will liaise with the processing team when handing over applications and help with any re-sourcing or subsequent queries as and when required.

Key Responsibilities
  • Establish and maintain professional and positive relationships with Introducers to demonstrate the strengths of the proposition.
  • Maximise these interactions to their full potential and build mutually beneficial relationships to increase the quality and volume of new business levels.
  • Maintain expert product & criteria knowledge in key sector, whilst maintaining foundation knowledge of all other sectors.
  • Maintain high quality standards (including during regular quality audits) when analysing and interpreting qualified mortgage leads.
  • Work within agreed SLAs, in a timely manner - both individually & as part of a team.
  • Take ownership & drive delivery of performance of self & others.

The role is fully office based and offers a competitive basic salary with additional bonus. It is available immediately.

Commercial Mortgage Underwriter employer: Coast Specialist Recruitment

As a Commercial Mortgage Underwriter at our specialist real estate packager, you will thrive in a dynamic and supportive work environment that prioritises professional growth and development. Our culture fosters collaboration and innovation, allowing you to build strong relationships with stakeholders while maximising your potential through comprehensive training and competitive bonuses. Located in a vibrant area, we offer an excellent work-life balance and the opportunity to be part of a dedicated team committed to delivering exceptional service.
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Contact Detail:

Coast Specialist Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commercial Mortgage Underwriter

✨Tip Number 1

Familiarise yourself with the specific products and criteria used in commercial mortgage underwriting. Understanding the nuances of BTL, Bridge, and Commercial property will help you engage more effectively with stakeholders and demonstrate your expertise during interviews.

✨Tip Number 2

Build your network within the real estate and mortgage sectors. Attend industry events or join relevant online forums to connect with professionals who can provide insights and potentially refer you to opportunities at StudySmarter.

✨Tip Number 3

Practice your communication skills, especially in explaining complex mortgage products clearly and concisely. Role-playing scenarios with a friend or mentor can help you articulate your thoughts better, which is crucial for building rapport with brokers and clients.

✨Tip Number 4

Research StudySmarter's values and culture to align your approach during the interview process. Demonstrating that you understand our mission and how you can contribute to it will set you apart from other candidates.

We think you need these skills to ace Commercial Mortgage Underwriter

Strong Analytical Skills
Attention to Detail
Excellent Communication Skills
Relationship Building
Product Knowledge in Commercial Mortgages
Understanding of Buy-to-Let and Bridging Finance
Ability to Work Under Pressure
Time Management
Problem-Solving Skills
Knowledge of Mortgage Sourcing Tools
Customer Service Orientation
Team Collaboration
Adaptability to Changing Requirements
Proficiency in Data Interpretation

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Commercial Mortgage Underwriter. Familiarise yourself with terms like BTL, Bridge, and Commercial property to demonstrate your knowledge in your application.

Tailor Your CV: Highlight relevant experience in mortgage underwriting or similar roles. Emphasise skills such as relationship building, product knowledge, and attention to detail, which are crucial for this position.

Craft a Compelling Cover Letter: Use your cover letter to explain why you're a great fit for the role. Mention specific experiences that relate to the job description, such as working with lenders or managing pipelines, to show you can meet their needs.

Proofread Your Application: Ensure your application is free from errors. A well-written application reflects your attention to detail, which is essential for an Underwriter. Consider asking a friend to review it before submission.

How to prepare for a job interview at Coast Specialist Recruitment

✨Know Your Products Inside Out

As a Commercial Mortgage Underwriter, it's crucial to have a deep understanding of the products you'll be working with. Familiarise yourself with the features and benefits of various mortgage products, especially those relevant to BTL, Bridge, and Commercial properties. This knowledge will help you confidently explain options to Brokers during the interview.

✨Demonstrate Relationship-Building Skills

The role involves establishing and maintaining professional relationships with Introducers. Be prepared to discuss your previous experiences in building rapport and how you can leverage these skills to enhance business interactions. Share specific examples that highlight your ability to foster strong connections.

✨Showcase Your Attention to Detail

Underwriters must produce accurate illustrations and maintain high-quality standards. During the interview, emphasise your attention to detail by discussing past experiences where precision was key. You might want to mention any tools or methods you use to ensure accuracy in your work.

✨Prepare for Scenario-Based Questions

Expect scenario-based questions that assess your problem-solving abilities and decision-making skills. Think about potential challenges you might face in the role and how you would address them. Practising these scenarios can help you articulate your thought process clearly during the interview.

Commercial Mortgage Underwriter
Coast Specialist Recruitment
C
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