Home Improvement Financing Underwriter

Home Improvement Financing Underwriter I

At Regions Home Improvement Financing, the Home Improvement Financing Underwriter I is responsible for reviewing and validating documentation required for loan application approval. Regions Home Improvement Financing, a division of Regions Bank, engages in strategic partnerships with home-improvement manufacturers, distributors, franchisors, trade groups, and other organizations (with networks of home improvement contractors) to develop customized white-label loan programs to help them increase their sales as well as attract and retain top dealers.

Primary Responsibilities

• Reviews conditionally approved applications to ensure an accurate application decision is made
• Reviews and validates verification documents to make final decisions for conditionally approved applications
• Performs manual underwriting of files according to guidelines and analyzes credit, Fair Isaac Corporation (FICO), Debt to Income, and reviews for potential risk and fraudulent activity
• Sets clear and concise conditions for missing documentation necessary to meet underwriting approval requirements
• Responds to questions on conditions from processors in a reasonable timeframe
• Responds to complex follow-up questions from applicants and contractor partners
• Meets required production levels for both quality and quantity
• May perform other tasks as assigned

This position requires the tracking of time and is eligible for overtime hours worked in excess of 40 per week under the Fair Labor Standards Act.

Requirements

Skills and Competencies

Must be available for a schedule of Monday-Friday 8 : 30am - 5 : 00pm MST

There is also a mandatory rotational Saturday.

Specific hours will be discussed during the interview.

Full time

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include : experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

Job Range Target : Minimum : $40,000.00 USD Median : $48,240.00 USD

This job is not incentive eligible.

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time.

Provo, Utah

Equal Opportunity Employer / including Disabled / Veterans