Salary for mortgage underwriter

Average salary

2600 £

Basic salary	1900 £
Maximum Wage	3300 £

1900 £
Lowest

2600 £
Average

3300 £
Highest

mortgage underwriter - How much money do you make working at this position?

The average salary for the mortgage underwriter position is 2600 £

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KSEYE GROUP 5 1 review	3333 £
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INVOLVE RECRUITMENT MIDLANDS	3166 £
STELLAR SELECT Based on 6 job offers	2978 £
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Salary in companies

KSEYE GROUP	3333 £	1900 £ 3333 £
THE COAST PARTNERSHIP	3333 £	1900 £ 3333 £
SPECIALIST RECRUITMENT	3333 £	1900 £ 3333 £
INVOLVE RECRUITMENT MIDLANDS	3166 £	1900 £ 3333 £
STELLAR SELECT	2978 £	1900 £ 3333 £
PLACING FACES	2958 £	1900 £ 3333 £
THE CAPITAL GROUP	2917 £	1900 £ 3333 £
HEAT RECRUITMENT	2916 £	1900 £ 3333 £
PODIUM RECRUITMENT	2916 £	1900 £ 3333 £
JMC SEARCH AND SELECTION	2500 £	1900 £ 3333 £

Comment on the job position of mortgage underwriter

Requirements

underwriting: 1 year
loan
lending
residential
loans
mortgage Brokers
mortgage
mortgage Lending
mortgage Underwriting
underwriting
regulatory Requirements
residential Mortgages
essential you have previous experience as a mandated mortgage underwriter within a UK financial operation
experience of creating loan recommendation documents and delivering them to an Executive Committee or Leadership Team is desirable
knowledge of the FCA/PRA regulations regarding residential mortgages is essential
knowledge of the Data Protection Act, Anti-Money Laundering, MCOBS and MMR is advantageous
if you have any supervisory experience this would be advantageous
experience in underwriting residential mortgages is essential
credit
administrator

Responsibility

communicating directly with introducers and applicants to discuss the decisions and seek further information/ evidence
managing all cases through from enquiry stage to completion in a timely and efficient manner
manually underwrite BTL, HMO, Multi-Unit Freehold Block, etc., applications within company lending criteria by employing logical thinking, a focus on quality and clear lending decisioning
build and maintain strong relationships with both external parties and internal stakeholders
carrying out Know Your Customer verification checks while identifying the risks attributed to the loan application including fraud and money laundering
keep all internal systems up to date, inclusive of effective record keeping and accurate notes
maintain oversight of a loan post completion and follow up on any offer conditions prior to handing the loan to collections
manage a pipeline of secured loan cases and prioritise accordingly
be vigilant when working on cases and refer where necessary to the appropriate person
underwrite secured loan applications within company lending criteria by making quality
maintain a high level of communication at all times with interested parties including brokers, applicants, surveyors and solicitors
lending decisions
maintain a high level of customer service with those internally and externally
work closely with other departments within the company including sales, compliance, finance and collections
maintain a high level of communication at all times with interested parties including
brokers, applicants, surveyors and solicitors
identify any potential fraudulent activity and escalate any concerns to Management or the Compliance Department immediately
manage escalations & resolve technical queries from other team members
work closely with sales team to take consideration of time pressures & customer journey
participate in any ad-hoc or strategic project work as & when required

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