Mortgage Underwriter

Job Title: Mortgage Underwriter

Location: Newcastle Upon Tyne

Salary: £30k-40k

Key Responsibilities:

* Evaluate mortgage applications, including the review of credit reports, income documentation, and property appraisals.

* Assess the creditworthiness and risk profile of applicants to make sound underwriting decisions.

* Ensure all mortgage applications comply with company policies, investor guidelines, and regulatory requirements.

* Verify the accuracy and completeness of all submitted documentation.

* Approve or decline mortgage applications based on thorough analysis and established criteria.

* Provide clear and concise feedback to loan officers and applicants regarding underwriting decisions.

* Maintain detailed and organized records of all underwriting decisions and supporting documentation.

* Stay updated on industry trends, regulatory changes, and best practices to enhance underwriting processes.

Requirements:

* Proven experience as a Mortgage Underwriter or in a similar role within the mortgage industry.

* In-depth knowledge of mortgage lending practices, regulations, and guidelines.

* Strong analytical and decision-making skills.

* Excellent attention to detail and organizational skills.

* Effective communication skills, both written and verbal.

* Proficiency in using mortgage underwriting software and other relevant tools.

* Ability to work independently and manage multiple priorities in a fast-paced environment