Underwriter / Loan Purchase Specialist
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About The Position
Ellington, through its correspondent loan purchase platform, acquires business purpose residential, and multifamily loans throughout the US from a network of private lenders. The loans are short term bridge and Fix-Flip loans. Ellington is seeking a Loan Underwriter / Loan Purchase Specialist for our growing team. The ideal candidate will have 5+ years of experience in frontline underwriting and/or the oversight of residential loan level underwriting and mortgage due diligence. The candidate MUST HAVE a good understanding of various product guidelines including Fix and Flip lending, as well as Business Purpose Lending in general (Long and Short Term Rental Investors Loans). Previous experience working for a loan aggregator is a plus. This position will be located at either one of our two main offices in New York City or Old Greenwich, CT.
