Full-Time

Underwriter III

Posted on 5/10/2025

Newrez

Newrez

1,001-5,000 employees

Mortgage lending and financial services provider

No salary listed

Mid, Senior

Company Does Not Provide H1B Sponsorship

Remote in Canada

Category
Insurance
Finance & Banking
Required Skills
Word/Pages/Docs
Customer Service
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Connection
Connection
Connection
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Requirements
  • High School Diploma or equivalent required; 4-year college degree preferred.
  • Minimum of six (6) months underwriting experience with conforming loans required.
  • Ability to differentiate between first and second mortgage underwriting.
  • Ability to handle secure and private information.
  • Technical experience necessary: Windows, Excel, Word, PowerPoint, Underwriting software and systems.
  • Ability to stay current with the business environment within third party lending.
  • Excellent customer service skills and analytical skills.
  • Excellent verbal and written communication skills.
  • Ability to work independently and adapt to a constantly changing environment.
  • Ability to be a creative and innovative problem solver.
Responsibilities
  • Review, analyze and make final determination on loan submissions using manual underwriting guidelines as well as validating recommendations.
  • Underwrite special programs as determined by lending authority set by management.
  • Work with Lending teams to identify potential solutions/alternatives for difficult/denied loan files.
  • Communicate with internal and external clients and company UW Vendors on inquiries on loans underwritten by the company.
  • Research and respond to team lead on loans requiring additional escalation and review and ability to summarize issues, concerns, and recommendations.
  • Proactively address underwriting submission deficiencies.
  • Review and maintain guidelines to stay up to date with all requirements.
  • Assist in correction of delivery violations on specific files as required.
  • Provide technical support for systems as necessary.
  • Any other job responsibilities requested by management.
  • Performs related duties as assigned by supervisor.

Newrez specializes in providing mortgage lending services, focusing on the needs of individuals rather than just the financial aspects of transactions. Their offerings include a variety of mortgage products designed to meet different customer needs. Newrez operates by leveraging its expertise in the mortgage industry and its financial resources to create tailored lending solutions. Unlike many competitors, Newrez emphasizes a personal approach to lending, aiming to build relationships with clients and understand their unique situations. The company's goal is to make the mortgage process more accessible and supportive for borrowers, ensuring they feel valued throughout their lending experience.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Whitemarsh Township, Pennsylvania

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Newrez's inclusion in Scotsman Guide's 2024 Top Mortgage Lenders boosts its industry reputation.
  • CFO Dart Budz's 2024 Insiders Award enhances Newrez's credibility in financial management.
  • Digital mortgage solutions trend offers Newrez opportunities for innovation and market expansion.

What critics are saying

  • Layoffs in Colorado and Jacksonville indicate potential financial or operational challenges for Newrez.
  • Rising interest rates may reduce mortgage refinancing, impacting Newrez's revenue.
  • Increased competition from fintechs could erode Newrez's market share.

What makes Newrez unique

  • Newrez's leadership includes former CFPB exec Mark McArdle, enhancing regulatory expertise.
  • Partnership with E4E Relief supports employees, showcasing commitment to corporate social responsibility.
  • Recognition with PRISM Award highlights Newrez's dedication to LGBTQ+ employee support.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Paid Vacation

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Pet Insurance

Adoption Assistance

Tuition Reimbursement

Employee Assistance Plan

Company News

HousingWire
May 1st, 2025
Newrez hires former CFPB exec Mark McArdle to lead mortgage policy efforts

Newrez hires former CFPB exec mark McArdle to lead mortgage policy efforts.

Inman
Mar 4th, 2025
UHM adds $1B in lending capacity with NRL Mortgage acquisition

Former Caliber Home Loans and Newrez executive Jim Racine was named Midwest division manager, while UHM veteran Bryan Wright was promoted to East division manager.

Wissnow
Aug 21st, 2024
Fort Washington-based business aims to support employees during difficult times

Newrez has partnered with "E4E Relief," a 501(c)(3) nonprofit in order to fund the NEED Fund, which includes funding from both corporate contributions, as well as voluntary donations from employees.

MyChesCo
Aug 7th, 2024
Newrez CFO Dart Budz Honored with HousingWire's 2024 Insiders Award

FORT WASHINGTON, PA - Newrez LLC announced that its Chief Financial Officer, Dart Budz, CPA, has been honored with the 2024 Insiders Award from HousingWire.

MyChesCo
Jul 16th, 2024
Newrez LLC Earns Spot in Scotsman Guide's 2024 Top Mortgage Lenders

Newrez LLC earns spot in Scotsman Guide's 2024 Top Mortgage Lenders.