Unison

Underwriter

Omaha, Nebraska, United States

Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Real Estate, Financial ServicesIndustries

Requirements

Candidates should possess a Bachelor’s degree or 4+ years of relevant work experience, along with strong communication and collaboration skills. Experience in mortgage or residential/commercial real estate underwriting is a plus, and knowledge of FNMA/FHLMC residential underwriting guidelines is also preferred.

Responsibilities

Investment Underwriters will conduct income underwriting, calculating applicant’s income and making credit decisions, review appraisals to ensure compliance with Unison’s requirements, review home inspections and document deferred maintenance items, participate in the design of automation projects advocating for data integrity and guideline compliance, provide continuous feedback to refine underwriting systems and practices, and stay up to date on PropTech and FinTech developments to promote efficiency and innovation.

Skills

Income Underwriting
Credit Decisions
Appraisal Review
Home Inspections
FNMA
FHLMC
PropTech
FinTech

Unison

Home equity sharing for debt-free financing

About Unison

Unison provides a financial service that allows homeowners to access the value of their home equity without taking on debt. Instead of traditional loans, homeowners can enter into a home equity sharing agreement, where they receive cash in exchange for a portion of their home equity. This means Unison becomes a co-investor in the property, sharing in any future changes in its value. This approach helps homeowners avoid monthly payments and interest, making it easier for them to use the funds for various needs like paying off debt, funding retirement, or starting a business. Unison differentiates itself from competitors by aligning its financial interests with those of the homeowner, as both benefit from the property's appreciation. The company's goal is to make housing more financially accessible and provide homeowners with the flexibility they need to improve their financial situations.

Key Metrics

San Francisco, CaliforniaHeadquarters
2004Year Founded
$243.2MTotal Funding
DEBTCompany Stage
Financial Services, Real EstateIndustries
51-200Employees

Benefits

Generous PTO
Parental leave
Volunteer days
100% employer paid health coverage
Additional sick days
$2k yearly learning stipend
Monthly 1/2 day off for development

Risks

Rising interest rates may make traditional refinancing more attractive than home equity sharing.
Increased competition in the home equity sharing market could erode Unison's market share.
Potential regulatory scrutiny could lead to higher compliance costs for Unison.

Differentiation

Unison offers a debt-free alternative to traditional home loans through home equity sharing.
The company aligns its interests with homeowners by sharing in property appreciation or depreciation.
Unison's model allows homeowners to access funds without monthly payments or interest.

Upsides

Unison's securitization of $215 million expands access to institutional investors.
The rise of proptech innovations enhances Unison's customer experience and operational efficiency.
Increased interest in debt-free financing among millennials and Gen Z boosts Unison's market potential.

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