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Bridging Finance Underwriter

4 months ago


Altrincham, United Kingdom Rico Property Finance Ltd (TA D&R Recruitment) Full time

Bridging Finance Underwriter£35-40k + BonusesLocation: Altrincham, ManchesterKey Responsibilities:- Review and analyze loan applications, assessing borrower creditworthiness, property value, and risk factors- Conduct comprehensive due diligence on loan transactions, including property appraisals and legal documentation- Determine loan terms, including loan amounts, interest rates, and repayment schedules, based on risk assessment and company guidelines- Collaborate with sales and operations teams to expedite loan approvals and closings- Communicate effectively with borrowers, brokers, and other stakeholders to gather necessary information and resolve issues- Stay informed about market trends, regulatory changes, and industry best practices related to bridging financeRequirements:- Previous experience in underwriting role, preferably in the bridging finance or mortgage industry- Strong analytical and decision-making skills, with attention to detail- Excellent communication and interpersonal skills, with the ability to work effectively in a team environment- Familiarity with regulatory requirements and compliance standards for lending products- Proficiency in financial analysis and risk assessment techniques