Wheeler Staffing Partners is hiring for a DSCR Underwriter position based in Tampa, FL. The ideal candidate should have 4-5 years of experience in underwriting consumer residential and business purpose loans. This role involves analyzing loan applications, assessing credit profiles, reviewing financial statements, and ensuring compliance with underwriting guidelines.
Location: Tampa, FL
Hybrid - Tuesday, Wednesday, Thursday onsite / 2 days remote - SUBJECT TO CHANGE
Responsibilities:
Pre-underwrite loans in accordance with guidelines. Responsibilities will include:
Review and reconcile loan applications to ensure the loan meets program requirements.
Analysis of loan application, credit profile/report(s), debt and assets, financial statements, debt service coverage ratios, leverage ratios, appraisal reports, renovation budgets, borrower experience, title reports, collateral, and supporting documentation.
Manage an ongoing pipeline of loans through the loan buying process.
Report on the status of loans within the pipeline on a regular basis
Present loans to Help Desk and/or Credit Committee for exceptions and approvals.
Condition files for missing/supporting documentation according to secondary market and guidelines.
Order and perform the preliminary review of all third-party reports (i.e. appraisal, appraisal reviews, background reports, inspections, and environmental reports)
Collect, analyze, and approve all required due diligence.
Perform property and market assessments to evaluate property conditions and market/submarket dynamics.
Requirements:
Bachelor's degree required
Minimum 5 years of mortgage experience underwriting consumer residential and business purpose loans; DSCR exposure.
Experience with institutional lending and secondary market loan trading preferred.
Must be willing to work hybrid onsite, subject to change
Effective pipeline management skills.
Proven track record of taking ownership and successfully delivering results in a fast-paced, dynamic environment.
Exceptional interpersonal, written, and verbal communication skills
Proficient in Microsoft Office, especially in Excel and Word
WSP specializes in filling your company's contract, contract-to-hire, direct hire, contingency, and executive positions with professional candidates. From our Executive Retained Search Teams, Direct Hire and Contract Staffing Professionals, and RPO Service offerings we create models to deliver a world-class service, with a sense of urgency and professionalism. Our connections and our candidates combined with a staff backed by over 20 years of experience, ensure that our clients are seeing the right candidates for their career openings.
WSP is committed to creating a diverse environment and is proud to be an equal opportunity employer.