Overview

Spring EQ was founded to help homeowners unlock the value of their home by providing visibility to its worth and provide quick access to that equity. By surrounding ourselves with some of the brightest, hard-working minds in the industry, we constantly improve the loan experience for our customers.

 At Spring EQ, we;

• Strive to make every customer interaction a great one 
• Recognize behind every loan is a person or family trusting us to handle a significant financial transaction 
• Work hard and have fun to get the job done 
• Recognize each team member's unique value 
• Encourage ways for our team members to learn, develop, diversify and grow with Spring EQ 
• Promote our team members so they can share their knowledge with others
• Innovate, innovate, innovate 
• Create and embrace the latest technology
• Simplify constantly, challenging every process we use to better accomplish our goals 
• Build upon a strong company culture and foster an environment of togetherness, support, and accountability

Spring EQ is seeking an Underwriter to join our rapidly growing team. This position will be an active member of the Operations team at Spring EQ. The ideal candidate will have at least three to five years of experience underwriting home equity or mortgage loans in direct to consumer or third-party originations environment. A strong candidate will have a solid understanding of mortgage processes and has proficient knowledge of loan origination technology that will thrive in a growing, fast-paced environment. They will be driven, passionate and flourish in an operational role that is extensive and dynamic

Responsibilities

• Thoroughly analyze loan applications to ensure compliance with regulatory standards, company policies and guidelines
• Review and analyze borrower’s credit, income, assets and collateral to determine eligibility
• Communicate loan decisions with applicable parties
• Maintain knowledge of all guidelines established by the organization
• Ensure all regulatory compliance is completed as directed by management
• Offer loan solutions and counteroffers to customers when necessary
• Handle loan escalations in a timely manner
• Properly handle loan sale and or delivery issues
• Identify red flags and potential misrepresentation
• Must work closely with sales and operation partners through the life cycle of the loan
• May be required to train and develop underwriting staff
• Assist Management on projects or special programs as needed

Qualifications

• A Bachelor’s degree is required in Business, Finance, Accounting or a related field
• 3-5 years of underwriting home equity or mortgage loans in a direct to consumer or third-party originations
• Proficiency in evaluating complex income streams, including personal and business tax returns
• Advanced knowledge of Conventional guidelines
• Applied knowledge of underwriting fundamentals and standard industry practices
• Knowledge of federal, state, and local regulatory requirements
• Detail-oriented with strong data analysis skills
• Highly organized and able to prioritize work
• Strong communication skills, both verbal and written
• Proficient in: MS Outlook, Excel, Word, PowerPoint, Teams
• Position requires direct communication with sales internal and external (brokers if applicable). Strong communication skills to relay a decision and discuss possible alternatives.

Benefits 

• 401k Company Match
• Commuter Benefits
• Credit Union Membership
• Company Holidays
• Dental Insurance
• Dependent Care Plan
• Disability Insurance
• Employee Assistance Program
• Life Insurance
• Medical Insurance
• Paid Time Off Plan
• Vision Insurance

Spring EQ is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all team members.