Contract Due Diligence Underwriter
About the role
We were founded by homebuyers who were shocked by the complexity and inefficiencies of the mortgage process for borrowers and lending teams alike. We've built a platform that has not only streamlined the process and made it more efficient — closing loans 45%+ faster — but has made mortgages more accessible in the process. Our mission is clear: democratize mortgages by helping lenders work more efficiently and stay compliant while eliminating the barrier to entry and the stress for the borrower. This is YOUR CHANCE to bring rigor and precision to a mission that's reshaping how mortgages get made.
We are a company focused on a supportive, diverse, and inclusive culture — lived through our values of Rigor, Ownership, Curiosity, Kindness, and "Straight Up" — to bring equality to the mortgage process and spread financial empowerment. We believe people do their best work when they're trusted, supported, and given the tools to solve real problems. Join us in helping lenders work more efficiently while making the path to homeownership less stressful for everyone involved.
Responsibilities
- Review mortgage loan files to ensure the accuracy of the information and verify the presence of all required documents
- Perform due diligence review of the residential mortgage loan application and documentation as submitted to ensure loans meet specific investor/product guidelines and AUS requirements as applicable
- Analyze borrower's credit profile, collateral, and capacity to repay the proposed mortgage obligation, including accurately calculating income and ensuring the borrower's ability to repay
- Properly calculate and analyze loan-to-value ratios and debt carried
- Analyze purchase contracts, title commitments, and other loan-pertinent documentation
- Enter review results into the company's proprietary software