Commercial Underwriter

BMO Financial Group

Virtual, IL, US
Base: $49,500.00 - $91,300.00; bonus/equity: may i...
5-7 years first mortgage underwriting experience
Web based approval systems du/lp knowledge
In-depth pipeline management experience
The role involves analyzing new customer credit applications and making credit decisions in accordance with established principles

Job Summary

  • The role involves analyzing new customer credit applications and making credit decisions in accordance with established principles.
  • Candidates must possess deep expertise in HUD Handbooks 4155.1 and 4155.2 along with web-based approval systems like DU and LP.
  • BMO Financial Group offers a comprehensive benefits package including health insurance, tuition reimbursement, and retirement savings plans.

Matching Summary

The role involves analyzing new customer credit applications and making credit decisions in accordance with established principles.

Salary

Base: $49,500.00 - $91,300.00; Bonus/Equity: May include commission structure and performance incentives; Benefits: Health insurance, tuition reimbursement, accident/life insurance, retirement savings plans

Skills & Requirements

Must-have

  • 5-7 years first mortgage underwriting experience
  • Web based approval systems DU/LP knowledge
  • In-depth pipeline management experience
  • HUD Handbook 4155.1 and 4155.2 expertise
  • Real estate lending products knowledge

Nice-to-have

  • Experience with affordable lending programs
  • Knowledge of competitive marketplace trends
  • Strong verbal and written communication skills
  • Ability to work independently on strategic issues

Key Requirements

  • 5-7 years relevant experience required
  • Post-secondary degree in Business or related field
  • Expert knowledge of real estate lending products
  • Working knowledge of credit scoring and risk management

Work Rights

Not specified

Tailored Resume

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