Title: Loan Underwriter
Location: Nashville, TN
Builder Finance Inc. (BFI) is the growing lender to homebuilders and housing investors. Launched in 2014, BFI now has several coast-to-coast lending programs with additional programs planned. Clients choose BFI for its great pricing, great terms, and industry-leading customer experience. Details are available at BuilderFinance.com.
Location: Remote work is not offered. BFI’s main office is in Sioux Falls, SD and there is an ancillary office in New York City. This hire will start in Sioux Falls and stay for 3-4 months. BFI will provide a housing stipend during this period. Pending acceptable performance, this hire will move to Nashville, TN and work out of space private to BFI within a larger coworking facility.
Job Overview:
This position provides the opportunity to enter at a junior level and to learn real estate and finance, with an emphasis on construction of single-family and small multifamily residential property. Key job responsibilities include: underwriting real estate; underwriting borrowers; and helping to process, fulfill, and service loans.
The work environment is supportive and friendly but demanding. It enables those with initiative and talent to stand out. A successful Loan Underwriter may quickly grow responsibility and compensation.
The intended path of progression is to a sales role, working with existing and potential clients to originate loans. BFI does not cold-call clients and in-person client meetings are infrequent. Nonetheless, strong interpersonal skills and comfort on the phone will become necessary.
Qualifications:
The success of BFI is based on originating loans that repay. Attention to detail is critical.
This position will require moderate Excel, Word, and Outlook skills which can be learned on the job.
BFI embraces a strong service-based culture. The Loan Underwriter should expect to work 45 hours in a typical week. While there is some ability to customize hours, roughly 8:15-5:45 with half an hour off for lunch would be typical. Certain days/weeks will require greater hours. There will be minimal travel.
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Education: A bachelor’s degree. Please include GPA with resume submission and any other school and standardized testing scores you feel relevant.
- Experience: Intended for those with 0 to 3 years of experience. Preference given to those with a demonstrated interest in real estate and/or sales ability.
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Compensation: Salary and benefits plus a sign-on bonus. After the first full year of employment, eligible for participation in bonus pool.
We provide a highly competitive and comprehensive compensation and benefits program including affordable medical/dental insurance, generous paid leave program, 401(k) and much more!
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)