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 hybrid working.
- Other info: Hybrid work model with excellent career progression opportunities.
- Why this job: Grow your underwriting skills and gain exposure to specialist lending.
- 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 manual underwrite and process new mortgages 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.
The successful individual will possess previous mortgage underwriting experience across residential and BTL. This is a fantastic opportunity to really grow and develop your underwriting skills and would suit someone who has previous underwriting experience, looking to gain exposure in more complex lending, or even a Senior Mortgage Case Manager looking to make that progression into an Underwriting role.
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). 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!
If this sounds like your next role, apply today!
Mortgage Underwriter employer: Ultimate Banking
Join a leading mortgage provider in Leicestershire, where your underwriting expertise will be valued and nurtured. With a supportive work culture that promotes professional growth, you will have the opportunity to expand your skills in complex lending while enjoying a competitive salary and generous benefits, including 27 days of holiday and a hybrid working model. This is an ideal environment for those looking to advance their careers in a dynamic and rewarding sector.
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 a lead 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 your expertise and confidence in the role.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your career goals. Check out our website for openings that match your skills and interests, and tailor your approach to each one.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. It shows your enthusiasm for the role and gives you another chance to highlight your fit for the position.
We think you need these skills to ace Mortgage Underwriter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Mortgage Underwriter role. Highlight your previous underwriting experience and any specific skills that match the job description. We want to see how you can bring your unique expertise to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about mortgage underwriting and how your experience aligns with our needs. Keep it engaging and personal – we love to see your personality come through!
Showcase Relevant Experience:When filling out your application, be sure to showcase your relevant experience in residential and BTL underwriting. We’re looking for candidates who can demonstrate their ability to make informed lending decisions, so don’t hold back on those examples!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen to join our team at StudySmarter!
How to prepare for a job interview at Ultimate Banking
✨Know Your Underwriting Stuff
Make sure you brush up on your mortgage underwriting knowledge, especially around residential and BTL. Be ready to discuss specific cases you've worked on and how you made informed lending decisions. This will show that you’re not just familiar with the basics but can handle complex scenarios.
✨Understand the Company’s Lending Policies
Before the interview, take some time to research the company’s lending policies and the types of loans they offer. Being able to reference their specific guidelines during the interview will demonstrate your genuine interest in the role and your proactive approach.
✨Prepare for Scenario Questions
Expect to be asked about how you would handle certain underwriting scenarios, especially those outside of policy. Think through a few examples where you had to make tough decisions and be ready to explain your thought process clearly.
✨Showcase Your Communication Skills
Since the role involves liaising with various stakeholders, be prepared to discuss how you’ve effectively communicated with customers, intermediaries, and solicitors in the past. Highlight any experiences where you ensured good customer outcomes, as this is key in the underwriting process.
