1st Financial Bank USA / 1fb.net inc / Builder Finance Inc / OpenProperty
Recruitment began on March 10, 2025 and the job listing expires on May 2, 2025.
Job Title: Loan Underwriter
Job Type: Full-Time Job Accounting, Data Analytics, Economics & Finance
Builder Finance Inc. (BFI) is the growing lender to homebuilders and housing investors. Launched in 2014, BFI now has several coast-to-coast lending programs with additional programs planned. Clients choose BFI for great pricing, great terms, and an industry-leading customer experience. Details are available at BuilderFinance.com.
Job Overview:
This position provides the opportunity to enter at a junior level and to learn real estate and finance, with an emphasis on residential construction. Key job responsibilities include underwriting real estate, underwriting borrowers, and helping to process, fulfill, and service loans.
The work environment is collegial and enables those with initiative and talent to stand out. A successful Loan Underwriter may quickly grow responsibility and compensation, with potential progression to a sales/originations role, working with existing and potential clients to originate loans.
Qualifications:
The success of BFI is based on originating loans that repay. Attention to detail is critical. Strong communication and interpersonal skills, especially on the phone, are necessary. This position requires moderate Excel, Word, and Outlook skills, which can be learned on the job.
BFI embraces a strong service-based culture. The Loan Underwriter should expect to work 45 hours in a typical week, or roughly 8:15-5:45 with half an hour off for lunch. Certain days/weeks will require greater hours. There will be minimal to zero travel.
1. Education: A bachelor’s degree. Please include GPA with resume submission and any other school and standardized testing scores you feel are relevant.
2. Experience: No experience required. Preference is given to those with real estate and/or sales experience.
3. Location: BFI’s main office is in downtown Sioux Falls, SD. Remote work is not offered for the Loan Underwriter position.
4. Compensation: $57,000 base salary and benefits plus a $2,000 sign-on bonus. Year two compensation is intended to be well above market with the opportunity for a base salary increase and eligibility for participation in the bonus program.
Equal Employment Opportunity:
Builder Finance Inc. provides equal employment opportunities to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law. Builder Finance Inc. is an equal opportunity and affirmative action employer. All qualified applicants will receive consideration without regard to their race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic. Builder Finance Inc. participates in E-Verify.
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