Mortgage Underwriter

Mortgage Underwriter

Birmingham Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Evaluate mortgage applications and assess risk to make informed decisions.
  • Company: Join a reputable mortgage lender known for its dynamic team and commitment to excellence.
  • Benefits: Enjoy a collaborative work environment with opportunities for professional growth.
  • Why this job: Be a key player in the mortgage process, impacting clients' lives while developing your expertise.
  • Qualifications: Proven experience as a Mortgage Underwriter with strong knowledge of mortgage products.
  • Other info: Stay updated on market changes and contribute to process improvements.

The predicted salary is between 43200 - 72000 £ per year.

Mortgage Underwriter required by leading financial services company, with ambitious and exciting plans to enhance its operation and distribution channels .. The role will provide an efficient and professional mortgage underwriting service to their clients customers and intermediaries through compliant regulated meetings. In return you will benefit from hybrid working, an excellent salary to c£30K to £39K+ and a range of benefits including a 35 hour week, healthcare, excellent pension scheme, free onsite parking and 27 days holidays (rising with service) + 8 bank holidays plus other benefits. Mortgage Underwriter Key skills and experience:- CeMap qualified or industry equivalent. 5 GCSE at Grade C or above including Maths and English or equivalent. Excellent communication skills both written and verbal. Experience of Microsoft packages including word & excel. Ability to independently manage multiple tasks Strong attention to detail Mortgage Underwriter Responsibilities: Process mortgage Decision in Principle (DIP) requests from intermediaries within SLA. Process mortgage applications on the software system and complete all procedural administrative documentation efficiently liaising with the customer during the application process. Maintain accurate records and notes throughout all stages of the mortgage application. To approve mortgage applications (direct and introduced) within specified limits in accordance with Lending Policy. This is an excellent opportunity to join a professional working environment with exciting career development opportunities. The role will provide the incumbent the chance to develop their skills and experience. In return you will enjoy an attractive salary of c £35K to £39K, a hybrid working environment and a range of benefits including a 35-hour week, healthcare, pension, and free onsite parking. Our client welcomes applications from a diverse background and encourages equality and inclusion in their workforce Forward your CV to Steve Hallworth and we will be back in touch to discuss the role and client further. JBRP1_UKTJ

Mortgage Underwriter employer: Elevate Recruitment.

Our client is an excellent employer, offering a collaborative work culture that values expertise and innovation in the mortgage lending industry. Employees benefit from ongoing professional development opportunities, competitive compensation, and a supportive environment that encourages growth and teamwork. Located in a vibrant area, the company fosters a sense of community and provides unique advantages such as flexible work arrangements and access to industry-leading resources.
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Contact Detail:

Elevate Recruitment. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Mortgage Underwriter

✨Tip Number 1

Familiarize yourself with the latest mortgage products and underwriting criteria. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a fast-paced industry.

✨Tip Number 2

Network with professionals in the mortgage lending field. Attend industry events or join online forums to connect with other underwriters and lenders, which can provide valuable insights and potential job leads.

✨Tip Number 3

Prepare to discuss specific examples from your past experience where you successfully assessed risk and made informed decisions. Highlighting these scenarios can showcase your expertise and problem-solving skills during the interview.

✨Tip Number 4

Stay informed about changes in regulations and compliance requirements in the mortgage industry. Being knowledgeable about current trends will position you as a proactive candidate who understands the importance of compliance in underwriting.

We think you need these skills to ace Mortgage Underwriter

Mortgage Underwriting
Risk Assessment
Financial Document Review
Credit Analysis
Regulatory Compliance
Communication Skills
Attention to Detail
Problem-Solving Skills
Decision-Making
Knowledge of Mortgage Products
Stakeholder Management
Process Improvement
Record Keeping
Market Awareness

Some tips for your application 🫡

Tailor Your Resume: Make sure to customize your resume to highlight your experience as a Mortgage Underwriter. Focus on relevant skills such as evaluating mortgage applications, assessing risk, and ensuring compliance with regulations.

Craft a Compelling Cover Letter: Write a cover letter that showcases your expertise in underwriting and your understanding of mortgage products. Mention specific examples of how you've successfully assessed applications and contributed to process improvements.

Highlight Relevant Experience: In your application, emphasize your proven experience in the lending environment. Detail your familiarity with financial documents, credit reports, and property valuations to demonstrate your qualifications.

Showcase Communication Skills: Since the role involves communicating with brokers and internal stakeholders, make sure to mention your strong communication skills. Provide examples of how you've effectively resolved application issues in the past.

How to prepare for a job interview at Elevate Recruitment.

✨Know Your Mortgage Products

Make sure you have a solid understanding of various mortgage products and their underwriting criteria. This knowledge will help you answer questions confidently and demonstrate your expertise in the field.

✨Prepare for Scenario-Based Questions

Expect to be asked about specific scenarios you might encounter as a Mortgage Underwriter. Prepare examples from your past experience where you assessed risk, made decisions, or resolved application issues.

✨Stay Updated on Regulations

Familiarize yourself with the latest changes in the mortgage market and regulatory environment. Being able to discuss recent developments shows that you are proactive and committed to compliance.

✨Communicate Clearly

Effective communication is key in this role. Practice articulating your thought process when evaluating applications and how you would interact with brokers and agents to resolve issues.

Mortgage Underwriter
Elevate Recruitment.
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  • Mortgage Underwriter

    Birmingham
    Full-Time
    43200 - 72000 £ / year (est.)

    Application deadline: 2027-01-24

  • E

    Elevate Recruitment.

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