Builder Finance Inc. (BFI) is seeking a new team member who is eager to begin a career in finance as a full time Loan Underwriter in downtown Sioux Falls, SD. This entry-level job position offers the opportunity for a college graduate to acquire essential knowledge and skills working in residential real estate. This position offers competitive pay, a sign-on bonus, and opportunities for advancement.

Title:  Loan Underwriter

Location: Sioux Falls, SD (This is an on-site position only) 

Job Overview
The primary focus for the BFI Loan Underwriter position will be on underwriting real estate and the individuals involved, as well as handling loan processing, fulfillment, and servicing. The ideal candidate will be highly organized, skilled at creating risk assessments, and comfortable working on multiple projects at once.

At BFI, we embrace a strong service-based culture. The work atmosphere is made up of a supportive team environment, but simultaneously enables individuals with initiative and talent to stand out. Depending on performance, a proficient Loan Underwriter could swiftly advance in both responsibilities and compensation. Once proficiency is achieved in underwriting and loan servicing activities, the new hire can anticipate transitioning into a more outward-facing sales role, engaging directly with borrowers and facilitating loan origination.

Responsibilities
● Review all documentation submitted as part of the lending application process to ensure completeness and accuracy

● Analyze applicants’ financial information, including credit reports, banking, and asset information

● Make strong recommendations based on findings of risk assessment

● Ensure all loan underwriting activities adhere to federal, state, and local laws, as well as company policies

● Contribute to the improvement of underwriting processes and procedures 

Qualifications
● Bachelor’s Degree in accounting, finance, business, or equivalent (preferred)

● Previous experience in underwriting, real estate, or other financial services (preferred)

● Excellent attention to detail

● Strong verbal and written communication skills

● Effective interpersonal and customer service skills

● Comfortability with multitasking and managing multiple projects simultaneously

● Proficiency with Microsoft Office, including Word, Excel, and Outlook 

Compensation
● Competitive pay

● Sign-on bonus

● Generous paid leave

● Medical, Dental, and Vision Insurance

● Health savings account

● 401(k) with employer match

● Tuition reimbursement

● Financial child care assistance 

About Builder Finance Inc. 
Every year, around 1 million new single-family homes are built in the United States. Builder Finance Inc. (BFI) was created to lend money to the companies that build those new houses. BFI has since expanded into related businesses such as providing long-term loans on rental properties.

Builder Finance Inc. provides equal employment opportunities to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.

Builder Finance Inc. is an equal opportunity and affirmative action employer. 

All qualified applicants will receive consideration without regard to their race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Builder Finance Inc. participates in E-Verify

E-Verify Right to Work Poster (justice.gov)