Underwriting Consultant - Remote.
Northwestern Mutual- Full Time
- Junior (1 to 2 years)
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.
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.
Home equity sharing for debt-free financing
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.