Ascendo Resources

Seeking an Underwriter who has experience in the Fix& Flip and Hard Money lending space.. Analyze Business Purpose bridge mortgage loans in compliance with company credit guidelines and regulatory requirements and ensure loan terms, LTV/LTC and ratios meet program guidelines. Review loan files for completeness, identify missing documentation and review condition lists to see how cleared. Work with third party diligence provider to document a complete scope of work including valuation reviews, feasibility analysis and borrower experience levels. 5+ years mortgage lending experience with good knowledge of lending regulations and credit/collateral analysis practices.

underwriter

Seeking an Underwriter who has experience in the Fix& Flip and Hard Money lending space. Your role will be to:<ul><li>Analyze Business Purpose bridge mortgage loans in compliance with company credit guidelines and regulatory requirements and ensure loan terms, LTV/LTC and ratios meet program guidelines</li><li>Review loan files for completeness, identify missing documentation and review condition lists to see how cleared</li><li>Communicate with lender on trends, portfolio concentrations and guideline updates as needed</li><li>Review and approve loan exceptions to the guidelines</li><li>Review sample entity documents to determine who are the members of the entity and who is authorized to sign the mortgage loan documents.</li><li>Manage pipeline and review closing timelines with industry standards</li><li>Work with third party diligence provider to document a complete scope of work including valuation reviews, feasibility analysis and borrower experience levels</li><li>Ensure adequacy and quality of the borrower and subject property qualifications </li></ul> Qualifications<ul><li>Bachelor’s Degree required</li><li>5+ years mortgage lending experience with good knowledge of lending regulations and credit/collateral analysis practices. </li><li>Experience underwriting fix & flip/hard money/business purpose preferred.</li><li>Strong written and verbal communication skills; </li><li>Must be able to adapt well to a fast-paced and constantly changing business environment; </li><li>Strong Computer skills, MS office and comfortable with new technology systems and paperless environment,</li></ul>

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