Underwriter

Zippy•Dallas, TX

7d•Remote

About The Position

We are seeking a skilled and detail-oriented loan Underwriter to join our lending team focused on manufactured housing. As an Underwriter, you will play a critical role in evaluating loan applications and assessing the creditworthiness of borrowers seeking financing for manufactured homes. Your expertise in analyzing financial documents, assessing risk, and ensuring compliance with lending regulations will be essential in making informed lending decisions. This position offers an excellent opportunity to contribute to our organization's growth and help individuals achieve their homeownership dreams.

Requirements

Previous experience as a loan underwriter or in a similar role, preferably with expertise in manufactured housing loans is preferred
Strong knowledge of underwriting guidelines, lending regulations, and compliance requirements specific to manufactured housing loans.
Proficient in analyzing financial statements, credit reports, tax returns, and other relevant financial documents.
Familiarity with loan origination software, mortgage underwriting systems, and document management platforms.
Adaptable to multiple/new technology systems and process change
Learner mindset with ability to receive and implement feedback
Excellent attention to detail and ability to review and interpret complex loan documents accurately.
Strong analytical and problem-solving skills to assess creditworthiness and evaluate risk.
Effective communication skills to convey lending decisions and collaborate with loan officers, processors, and other stakeholders.
Ability to work independently in a fast-paced environment and prioritize workload to meet deadlines.
High ethical standards and commitment to maintaining confidentiality and data privacy.

Responsibilities

Review loan applications and supporting documentation for manufactured housing loans, including income verification, credit reports, and property valuations.
Assess the creditworthiness of borrowers by analyzing financial statements, tax returns, employment history, and other relevant information.
Evaluate loan-to-value ratios, debt-to-income ratios, and other key financial indicators to determine loan feasibility.
Analyze manufactured housing market trends and property valuations to determine appropriate loan amounts and loan terms.
Ensure compliance with lending regulations, internal policies, and underwriting guidelines.
Collaborate with loan officers, Fulfillment support staff, processors, and other team members to gather necessary information and address any application deficiencies or documentation gaps.
Conduct thorough risk assessments to identify potential red flags or fraudulent activities.
Prepare loan underwriting summaries, including recommended loan structures, risk mitigation strategies, and rationales for decision-making.
Communicate lending decisions and provide clear explanations to loan officers, Fulfillment support staff, processors, and other stakeholders.
Stay updated on industry best practices, regulatory changes, and market trends related to manufactured housing financing.

Benefits

Competitive Compensation: We offer a competitive salary with the potential for annual bonuses and variable pay, depending on your skills and experience.
Equity for All: As a part of our commitment to shared success, all employees receive equity in the company, allowing you to share in the growth and achievements of Zippy.
Remote Work: Enjoy the flexibility of working from home in a dynamic, remote-first environment.
Comprehensive Health Coverage: We provide medical, dental, and vision insurance, along with company-subsidized benefits like STD, LTD, and life insurance for you and your family.
Flexible Spending Accounts: Take advantage of medical & dependent care FSAs to help manage your expenses.
Training & Licensing Support: We invest in your professional growth with resources for training and licensing.
Paid Time Off: We offer generous PTO—and we encourage you to use it!
Wellbeing Programs: Access a variety of wellbeing resources, including Headspace, Gympass+, Fetch, Spring Health, SoFi, Perkspot, Ladder, and more through our Sequoia Wellbeing Programs.
Parental Leave: We provide paid parental leave to support you and your growing family.
No Meeting Wednesdays: Enjoy a mid-week break from meetings to focus and recharge.
Vibrant Slack Community: Engage with colleagues in our lively remote Slack community, featuring fun channels that connect people around shared interests like travel, pets, sports, food, and more.
Career Growth: We believe in promoting from within, offering you opportunities to grow your career with us.