Business Purpose Loans Mortgage Underwriter

Business Purpose Loans Mortgage Underwriter

As a key part of The Fay Group, Genstone Financial specializes in providing smart, accessible loan solutions for both homeowners and real estate investors. Whether you're purchasing your first home, leveraging your equity, or expanding your investment portfolio, our experienced team is here to guide you every step of the way. We offer a comprehensive suite of loan products designed to meet the diverse needs of today’s borrowers.

For real estate investors, Genstone Financial provides specialized lending solutions that support growth and profitability. Our experienced advisors, modern technology – and access to an integrated network of in-house services provide borrowers and investors with clarity, speed, and confidence, ensuring an exceptional experience for both borrowers and investors.

The Fay Group is a fully integrated real estate and mortgage services firm, bringing together the strength and expertise of two complementary companies – Fay Financial and Genstone Holdings. Since its founding in 2008 as a special servicer, The Fay Group has grown into a diversified enterprise overseeing more than $46 billion in assets on behalf of over 50 institutional clients.

Powered by data, technology, and a team of 1,300+ professionals across 10 U.S. locations, the organization delivers coordinated solutions across the full spectrum of real estate and lending services – including loan servicing, property management, mortgage originations, renovations, and insurance. From asset creation and loan management to renovations and real estate brokerage services, The Fay Group offers end-to-end capabilities under one platform.

This comprehensive approach delivers flexibility, transparency, and performance across multiple asset classes, supporting both clients and customers in all market and interest rate environments.

Reporting to the VP, Mortgage Operations, this role is responsible for evaluating and making sound credit recommendations for borrowers seeking business purpose financing. The position involves thorough loan reviews and underwriting in alignment with company & investor guidelines, playing a critical role in safeguarding the quality of the company’s asset portfolio and minimizing financial risk. The role is responsible for performing comprehensive analysis of borrower/ entity creditworthiness, financial standing, investment history and collateral attributes.

This role ensures that all credit decisions and property financing approvals adhere to Genstone Financial, d/b/a Fay Servicing, underwriting standards and investor purchase criteria. Additionally, the position is accountable for meeting all Service Level Agreements (SLAs) established by the company.

Showing 1 location

Tampa, FL 33609, USA

• Hybrid
• Full-Time
• Supervisor :
  Kathryn Evers

• High school diploma or GED required;
  Bachelor’s degree preferred
• 5+ years’ mortgage loan underwriting experience, including at least 3 years underwriting DSCR, investor, bridge, fix-and-flip or other business purpose lending (BPL) products
• Proven ability to review, analyze and calculate necessary ratios, LLPA thresholds and asset requirements
• Prior experience collaborating and working effectively with sales/ account executives
• Strong understanding of mortgage underwriting principles, risk assessment and loan documentation
• Experience analyzing borrower credit, income, assets, collateral and property cash flow
• Knowledge of federal, state and investor guidelines applicable to business purpose lending
• Experience with LOS systems highly preferred
• Strong knowledge and proficiency with Microsoft Outlook, Word and Excel
• Strong verbal and written communication skills
• Strong interpersonal skills with the…