At a Glance
- Tasks: Manually underwrite mortgage applications and ensure informed lending decisions.
- Company: Market leader in the mortgage industry with a focus on complex lending.
- Benefits: Up to £44k salary, 27 days holiday, pension, BUPA, and more!
- Other info: Hybrid working model with excellent career growth opportunities.
- Why this job: Gain exposure to specialist lending while making a real impact in the mortgage space.
- Qualifications: Previous mortgage underwriting experience required.
The predicted salary is between 44000 - 44000 € per year.
Are you a mortgage professional, seeking a new opportunity where you can utilise your underwriting skills, but also gain exposure to more specialist lending? Our client is a market leader in the mortgage space, offering a wide range of complex lending including residential, BTL, bridging and development finance loans. In this role, you will manually underwrite and process new mortgage applications, progressing the case from application to offer.
Duties will include:
- To ensure informed lending decisions are made by manually underwriting mortgage applications in line with approved level.
- To assess and approve new decision in principle enquiries in line with lending policy and underwriter’s guidance.
- To assess and make recommendations on cases that are outside of policy.
- To liaise with customers, intermediaries, valuers and solicitors during the processing of their mortgage through to completion ensuring good customer outcomes.
Qualifications:
- Previous mortgage underwriting experience across residential and BTL.
The head office is based in Leicestershire and they can offer a hybrid approach to the working week with 2 days based at head office and the remainder working remotely (for the training period, more office presence would be required initially).
Benefits:
- Along with a competitive salary, you would also be entitled to benefits such as 27 days holiday (plus bank holidays and a birthday day off!), pension contribution, BUPA and more!
Mortgage Underwriter employer: Ultimate Banking Ltd
Join a leading mortgage provider in Leicestershire, where your underwriting expertise will be valued and nurtured. With a strong focus on employee growth, a supportive work culture, and a hybrid working model, you will enjoy a healthy work-life balance while contributing to innovative lending solutions. Benefit from competitive salaries, generous holiday allowances, and comprehensive health benefits, making this an ideal place for professionals seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Mortgage Underwriter
✨Tip Number 1
Network like a pro! Reach out to your connections in the mortgage industry and let them know you're on the lookout for new opportunities. You never know who might have the inside scoop on a job opening or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your underwriting knowledge. Be ready to discuss specific cases you've worked on and how you made informed lending decisions. This will show potential employers that you’re not just experienced, but also passionate about what you do.
✨Tip Number 3
Don’t forget to showcase your soft skills! Being able to liaise effectively with customers, intermediaries, and solicitors is key in this role. Share examples of how you've ensured good customer outcomes in your previous positions.
✨Tip Number 4
Apply through our website for the best chance at landing that Mortgage Underwriter role! We make it easy for you to submit your application and get noticed by hiring managers. Plus, keep an eye on our site for any new openings that match your skills.
We think you need these skills to ace Mortgage Underwriter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your mortgage underwriting experience, especially in residential and BTL. We want to see how your skills match the role, so don’t be shy about showcasing your relevant achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re excited about this opportunity and how your experience aligns with the duties mentioned in the job description. We love a personal touch!
Showcase Your Communication Skills:Since you'll be liaising with customers and intermediaries, it's crucial to demonstrate your communication skills in your application. Use clear and concise language, and maybe even share an example of a successful interaction you've had in the past.
Apply Through Our Website:We encourage you to apply directly through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Ultimate Banking Ltd
✨Know Your Stuff
Make sure you brush up on your mortgage underwriting knowledge, especially around residential and BTL loans. Familiarise yourself with the latest lending policies and any recent changes in the market. This will show that you're not just a candidate, but a knowledgeable professional ready to make informed decisions.
✨Showcase Your Experience
Prepare specific examples from your previous roles where you've successfully underwritten applications or made tough lending decisions. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will help the interviewer see how your experience aligns with their needs.
✨Communication is Key
Since you'll be liaising with various stakeholders like customers and solicitors, demonstrate your communication skills during the interview. Practice explaining complex concepts in simple terms, and be ready to discuss how you ensure good customer outcomes throughout the mortgage process.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s approach to specialist lending and their underwriting processes. This shows your genuine interest in the role and helps you assess if the company is the right fit for you. Plus, it gives you a chance to engage in a meaningful conversation with the interviewer.
