Underwriter, Finance & Banking

Job Title: Underwriter

Location: Wayne, PA

Pay: $35.00 per hour (non-exempt – hourly)

An underwriter evaluates and assesses risks associated with insurance policies, loans, investments, or other financial products to determine their eligibility for coverage or financing. They analyze data, financial statements, and other relevant information to make informed decisions that align with company policies and regulatory requirements.

• Receives & processes loan applications for manufactured home loans
• Utilize internal and external loan operating system to ensure accurate data entry.
• Underwrite loans in accordance with established guidelines.
• Maintain a solid understanding of all relevant state and federal laws and regulations
• Maintain current knowledge of client and investor requirements
• Perform complete and in-depth review of loan files including income, assets, credit and collateral
• Calculate debt to income ratio calculations by reviewing paystubs, W2’s and/or tax returns as necessary
• Ability to identify and/or clear red flag or alerts
• Issue loan decision and condition file accordingly
• Review and approve conditions for compliance and completion of loan file
• Coordinates and prepares loan documents and adverse action notices, delivering within required specified timelines
• Resolve pre- and post-closing issues as they relate to underwriting
• Provide counseling to applicants regarding their loan decision in a timely manner within company standards and guidelines.
• Assist Processors, Sales Staff, and partners in understanding underwriting decisions and conditions
• Provide outstanding customer service to internal and external clients
• Comply with updates and changes to loan programs and procedures
• Maintain all records in accordance with company procedures and file all related documentation in appropriate information and filing systems.

• Monday to Friday with at least one Saturday a month.
• 8 hours per day/day shift
• Work Shift will vary and require later shift starts. This will be determined by your supervisor.

• Dental Insurance
• Health Insurance
• Life Insurance
• Paid time off
• Vision Insurance
• 401K

• In person at office in Wayne, PA – This is NOT a hybrid or remote role.