Home Improvement Financing Underwriter
About The Position
At Regions Home Improvement Financing, the Home Improvement Financing Underwriter I is responsible for reviewing and validating documentation required for loan application approval. Regions Home Improvement Financing, a division of Regions Bank, engages in strategic partnerships with home-improvement manufacturers, distributors, franchisors, trade groups, and other organizations (with networks of home improvement contractors) to develop customized white-label loan programs to help them increase their sales as well as attract and retain top dealers.
Requirements
- High School Diploma or GED
- One (1) years of underwriting experience or two (2) years of lending experience
- Verification validation certifications
- Ability to work in a fast paced, dynamic work environment
- Excellent verbal and written communication skills
- Good computer skills, including Microsoft Office Suite
- Good typing skills
- In-depth knowledge of credit underwriting process and credit bureau reports
- Ability to accurately observe stable and scrolling on-screen text and images
- Ability to accurately detect verbal information and communicate verbally using a headset or speaker and microphone
- Ability to operate a keyboard and mouse to type and make on-screen selections
- Ability to work at a computer for extended periods of time
Responsibilities
- Reviews conditionally approved applications to ensure an accurate application decision is made
- Reviews and validates verification documents to make final decisions for conditionally approved applications
- Performs manual underwriting of files according to guidelines and analyzes credit, Fair Isaac Corporation (FICO), Debt to Income, and reviews for potential risk and fraudulent activity
- Sets clear and concise conditions for missing documentation necessary to meet underwriting approval requirements
- Responds to questions on conditions from processors in a reasonable timeframe
- Responds to complex follow-up questions from applicants and contractor partners
- Meets required production levels for both quality and quantity
- May perform other tasks as assigned
Benefits
- Paid Vacation/Sick Time
- 401K with Company Match
- Medical, Dental and Vision Benefits
- Disability Benefits
- Health Savings Account
- Flexible Spending Account
- Life Insurance
- Parental Leave
- Employee Assistance Program
- Associate Volunteer Program
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
Number of Employees
5,001-10,000 employees
