Mortgage Underwriter (1st/2nd charge OR BTL mortgages) Location: Watford Salary: £45k Staff Benefits Bonuses The Mortgage Underwriter is responsible for evaluating and verifying loan applications to determine the risk involved and the eligibility for loan approval. Key Responsibilities: - Review and analyse residential mortgage loan applications to ensure compliance with company policies and regulatory requirements. - Assess the creditworthiness of applicants by evaluating credit reports, income documentation, employment history, and other financial documents. - Perform detailed risk analysis and determine the level of risk associated with loan applications. - Approve or deny loan applications based on thorough analysis and sound judgment. - Recommend alternative loan structures for applications that do not meet standard criteria. - Verify accuracy and completeness of loan documentation submitted by applicants. - Ensure all required documentation is collected and validated for each loan file. - Communicate with loan officers, processors, and other stakeholders to resolve issues and obtain necessary information. - Maintain a thorough understanding of company underwriting guidelines and policies. - Maintain detailed records of underwriting decisions and documentation for audit purposes. - Prepare regular reports on loan approval/denial statistics and trends for senior management. - Provide exceptional customer service by responding to inquiries and providing clear explanations of underwriting decisions. - Collaborate with loan officers to provide guidance on complex loan scenarios. Experience: - Minimum of 1 years of experience in mortgage underwriting or a related field.