Loan Underwriter

Credit · Thousand Oaks, California
Department Credit
Employment Type Active FT Regular

Anchor Loans is the premier direct private money lender.  Since 1998, Anchor has provided qualified developers and borrowers with quick bridge financing for non-owner occupied properties.  With headquarters in greater Los Angeles and a nationwide network, Anchor continues to expand into new markets.


As an Underwriter you will perform comprehensive review and analysis of the loan structure, borrower profile, and loan documents to secure profitability and reduce risk. 


Benefits

The values of our employees reflect those of the company as a whole. If you embrace teamwork, innovation, and accountability you'll feel right at home. Our mission is to create opportunities for success by improving homes and communities. We set up our team members for success by offering a competitive benefits package that includes:

  • 100% paid employee Medical, Dental, Vision, Basic Life/AD&D insurance
  • Generous sick leave & vacation benefits for rest, relaxation, and personal pursuits
  • Highly competitive performance bonus
  • 401(k) retirement program with employer match
  • Tuition reimbursement toward professional development
  • Workplace Celebrations, Team Building, Charity Drives, and Food Truck luncheons
  • Radical Sabbatical: Tenured employees are eligible for this sweepstake to take a dream vacation or philanthropic journey
  • Wellness activities and onsite gym
  • 10 Paid Holidays


Essential Duties & Responsibilities:


  • Review loan terms to ensure accuracy and completeness, as well as consistency with negotiated terms and investor guidelines
  • Identify and resolve errors and discrepancies on estimated settlement statements
  • Responsible for underwriting collateral in accordance with the Company’s credit policies and procedures
  • Analyze applicant’s financial status, credit and property evaluation to determine feasibility of granting the loan request
  • Review entity-borrower information to confirm entity structure, signing authority, and verify good standing
  • Clearly and concisely communicate with various levels of the organization on loan variables, investment analysis, and borrower profiles
  • Perform thorough and detailed review of loan documents 
  • Provide feedback and recommendations for clearing prior to document and prior to fund conditions
  • Review and escalate issues related to chain of title, liens, judgments, etc
  • Take on special projects as assigned


Desired Skills & Qualifications:


  • Extremely analytical and strong attention to detail
  • Ability to maintain a high volume workload in a fast paced, deadline driven environment
  • Ability to work collaboratively with different levels of employees
  • Excellent written and oral communication skills
  • Demonstrated proficiency with Excel


Requirements:


  • Ability to multi-task, manage multiple daily assignments and meet daily required deadlines
  • Must be able to work overtime if required
  • 2 years of experience in mortgage, real estate or finance preferred
  • 4-year college degree or equivalent combination of coursework and experience


Anchor Loans, LP is subject to the California Consumer Privacy Act of 2018 (“CCPA”). A copy of Anchor’s California Privacy Policy can be found at www.anchorloans.com/privacy.

Thank You

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  • Location
    Thousand Oaks, California
  • Department
    Credit
  • Employment Type
    Active FT Regular