Bridging Finance Underwriter

Company:  Rico Property Finance Ltd (T/A D&R Recruitment)
Location: Altrincham
Closing Date: 18/06/2024
Salary: £35,000 - £40,000 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description
Bridging Finance Underwriter £35-40k + Bonuses Location: Altrincham, Manchester Key Responsibilities: - Review and analyze loan applications, assessing borrower creditworthiness, property value, and risk factors - Conduct comprehensive due diligence on loan transactions, including property appraisals and legal documentation - Determine loan terms, including loan amounts, interest rates, and repayment schedules, based on risk assessment and company guidelines - Collaborate with sales and operations teams to expedite loan approvals and closings - Communicate effectively with borrowers, brokers, and other stakeholders to gather necessary information and resolve issues - Stay informed about market trends, regulatory changes, and industry best practices related to bridging finance Requirements: - Previous experience in underwriting role, preferably in the bridging finance or mortgage industry - Strong analytical and decision-making skills, with attention to detail - Excellent communication and interpersonal skills, with the ability to work effectively in a team environment - Familiarity with regulatory requirements and compliance standards for lending products - Proficiency in financial analysis and risk assessment techniques
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Rico Property Finance Ltd (T/A D&R Recruitment)
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