Mortgage Senior Underwriter
M&T BankFull Time
Senior (5 to 8 years)
Candidates must have experience as a mortgage loan processor or in a similar role, with at least one year of experience in people management. Strong skills in motivating and developing a team, communicating expectations, and handling difficult conversations are essential. Exceptional attention to detail, strong problem-solving abilities, critical thinking, and a willingness to iterate and improve processes are also required. An inquisitive nature and experience in the mortgage industry are necessary.
The Application Specialist Manager will lead a team responsible for reviewing and processing homeowner investment applications, collecting and verifying data with third-party providers, and coordinating with internal teams for the origination of home equity investments. This role involves overseeing team production goals, balancing efficiency and accuracy, building cross-functional relationships, training and mentoring team members, and holding the team accountable to performance metrics. The manager will also partner with software teams, collaborate with Sales and Investment Operations to resolve edge cases, continuously improve processes, prepare regular reports, and work with title partners and other vendors.
Provides cash for home equity access
Hometap provides homeowners with a way to access their home equity without selling their property or incurring additional debt. The company offers a lump sum of cash in exchange for a share of the future value of the home, allowing homeowners to unlock up to $600,000 of their equity without monthly payments or interest. Hometap earns revenue by sharing in the appreciation of the home's value when it is sold or when the homeowner repurchases Hometap's share. This approach sets Hometap apart from traditional home equity loans, as it offers a flexible and debt-free solution. The company's goal is to simplify the financial process for homeowners, helping them achieve their financial objectives, such as paying off debt or funding education, while maintaining a high level of customer service.