Underwriter – Splitero

About Us

After years of significant home price appreciation, many homeowners are asset-rich, but either cash-poor or have less than perfect credit. These homeowners are subject to an inadequate selection of mortgage products and a handful of predatory equity investment options. We saw an opportunity to build a consumer-friendly product and brand to help these homeowners access their home equity.

Our mission is to provide homeowners better options to access home equity without new debt or additional monthly payments. Our equity participation product provides homeowners a lump sum of cash in exchange for a share of their home equity. As an investor, we share in the home’s appreciation. There are no interest charges or monthly payments, and homeowners with poor credit or a high level of debt can still qualify. We provide a way to pay off expensive debt, make home improvements or pay for retirement.

About the Job

As our Real Estate Investment Underwriter, you will be responsible for analyzing and verifying all due diligence documents to ensure investment conditions for final approval are met. You will underwrite home equity investment applications in compliance with underwriting guidelines, policies, and procedures.

Responsibilities

• Provide excellent customer service in writing and over the phone

• Work with cross-functional teams (Homeowner Advisors, Processors, Closers, and Legal) to successfully close a home equity investment

• Develop strong knowledge of various requirements for credit reports, title, and property valuations

• Evaluate documents to ensure accuracy and completeness

• Identify potential risks and make the appropriate decision as it relates to approving or denying an application

• Ensure title to the property is free of restrictions, leases, liens, and other encumbrances or interests except with respect to permitted encumbrances and pre-existing liens

About You

• Undergraduate degree in Business Administration, Finance, Accounting, or similar

• Enthusiasm to join an early-stage venture-backed FinTech/PropTech startup

• 2-5 years experience in loan underwriting, property underwriting, risk management, operations, or similar

• Superior problem-solving skills with intellectual curiosity

• Demonstrated ability to manage multiple tasks with extreme attention to detail and meet deadlines

• Excellent verbal and written communication

• Exceptional interpersonal skills

• Able to handle sensitive information with the highest degree of integrity and confidentiality.

Why Now?

• Opportunity to revolutionize the real estate industry while helping families in need

• Org., Team, and Function Ownership

• Work with a fantastic team that has had exceptional success building other companies.

Compensation & Benefits

• Competitive wage (this is a non-exempt role)

• Stock option package

• Extremely competitive health benefits – 100% medical, dental, vision coverage

• Retirement benefits

• Unlimited PTO

• Work Remotely with cell and internet stipends

We are a workforce composed of individuals with diverse backgrounds, abilities, minds, and identities that help us grow as a company and as individuals. Based in Southern California, we are building a team of remote rockstars. We are an Equal Opportunity Employer.