Underwriter

Underwriter-Onsite - Irvine, CA

Center Street Lending Supplies Smarter Loans for Residential Investors® to help them succeed and together rebuild quality residential properties in neighborhoods that they are proud of. Our loan programs feature Fix & Flip, Short-and Long-Term Rental, Bridge, and Ground-Up Construction. We offer attractively priced loans, quick access and hassle-free IN-HOUSE draws, no hidden fees, transparent communication, and quick results. All properties must be non-owner occupied. Center Street currently lends in AZ, CA, CO, D.C., FL, GA, MD, NC, OR, TN, TX, VA, WA. Please check out our website: www.centerstreetlending.com

Must have Recent Underwriting experience

Responsibilities:

• Provide excellent customer service and communication in a fast-paced environment.
• Work cohesively with Loan Processors, sales partners and external customers.
• Underwrite loans by performing thorough due diligence analysis and reviewing loan documentation by adhering to company policies, procedures and lending guidelines.
• Structuring loans based on a variety of loan programs offered.
• Analyze all loan documents including appraisal, assets, personal and/or business financials, credit, background, escrow, purchase contract, construction/budget documents and preliminary title reports ensuring acceptance and final loan decision meets products and lending guidelines prior to closing.
• Takes initiative with a clear business mind, a problem-solving attitude and a collaborative approach with appropriate parties before, during and after closing.
• Escalates loan exceptions to management or Committee Credit for review and final decision outside of lending authority or as designated in the lending guidelines.
• Maintains an accurate active pipeline with knowledge of loan details.
• Upon receipt of executed loan documents performs a Pre-Fund QC audit review for executed loan documents; identify any outstanding prior to funding conditions; request wire once all prior to funding conditions are acceptable and have been cleared.
• Acts as a Team Player with all internal and external customers.

Qualifications:

• 2-4 years of recent preferred experience in loan processing, credit analysis, or related fields is required.
• Finance / Private Lending/ Real estate background required.
• Private lending experience preferred.
• familiarity with fair lending practices and an understanding of the Fair Credit Reporting Act and lending industry guidelines
• detailed knowledge of loan processing, underwriting, and closing procedures; proficiency in Outlook, Excel, Word (Microsoft)
• Encompass - preferred
• Expertise in the use of loan underwriting, processing, and management software

Education:

• Bachelor’s degree preferred.

Compensation:

$33.65- $38.46 Hourly

Onsite -Irvine, CA - M-F – 8-5

Benefits:

• Paid time off / Company Events /
• Health insurance/401k plan/ Company Events/ Dental insurance/Vision