Mortgage Senior Underwriter
M&T BankFull Time
Senior (5 to 8 years)
Tomo is a digital mortgage company on a mission to eliminate the greed and complexity in lending, helping homebuyers save thousands of dollars. Our AI-driven customer experience makes the lending process faster, less frustrating, and more affordable. By passing these savings directly to homebuyers, we eliminate excessive fees and inflated rates that cost Americans billions each year. Backed by top-tier venture investors, including Ribbit, DST, NFX and Progressive, Tomo is poised to become one of the most valuable fintech startups of our generation.
Beyond producing high quality loans, our goal is to build a memorable experience that will ensure our customers enjoy the home buying process. With offices in New York City, Detroit, and Seattle, we are quickly expanding in order to deliver a once-in-a-lifetime experience through a combination of technology and excellent service.
Location: Remote, US Reports To: Head of Underwriting Type: Full-Time
As a Jumbo Mortgage Loan Underwriter, you will have the opportunity to join Tomo’s growing mortgage operations team! This is a great opportunity to work with a well-capitalized, dynamic lender that values precision, accountability, and excellence. You will review and analyze large loan applications, assess borrowers' creditworthiness, and ensure adherence to internal and external regulations. Your day will typically involve working with loan officers and processors to verify documentation, calculate income and assets, evaluate risk, and make final loan approval or denial decisions. Collaboration is key, as you'll frequently communicate with colleagues to resolve issues and streamline the underwriting process. Attention to detail and thorough documentation are essential, given the high scrutiny of jumbo loans.
Token-based social platform for creators
Tomo Inc. operates a platform called Astro that enhances social interactions between creators and their supporters in the Web3 space. Astro provides features like direct messaging, private rooms, and personalized feeds, all secured by blockchain technology. The platform uses tokens to create unique engagement opportunities, allowing supporters to access exclusive content and privileges based on their token holdings. Tomo targets the rapidly growing creator economy, which includes individuals and small businesses generating income through content creation. The company employs a freemium business model, offering basic features for free while charging for advanced features and premium content, often paid for with tokens. Tomo's goal is to reshape how creators and their audiences connect and engage.