- Oakland, CA
We're one of the fastest growing homeownership companies in America. Why? Because we're making homeownership simpler, faster - and most importantly, more accessible for all Americans.
By combining smarter technology with a desire to not just change one piece of the journey but the entire makeup of what it's like to buy and own a home in this country, we're building things that don't exist yet.
Better.com by the numbers:
- We fund $600 million in home loans per month
- Nearly $5 billion in loans funded since our inception in 2016
- 2 years running, we're one of Crain's "Best Places to work"
- We're #11 on Fortune's Best Places to Work in NYC
- And #964 on Inc.'s 2019 "5000 Fastest-Growing Companies"
- We've secured over $254 million from our investors to date
- ...and counting
We continue to outpace the industry at every turn. Our backers have helped build some of the most transformative tech and finance companies in history. Kleiner Perkins, Goldman Sachs, IA Ventures, Ally Bank, American Express, Citigroup, Activant Capital, and others have all invested in our vision of redefining the entire homebuying journey.
We're one of the fastest growing homeownership companies in America. Why? Because we're building a better way to get home and our customers love it. By combining the technology people expect with a seamless customer service experience, we're making homeownership so simple it feels magical.
In 2018 alone, we've helped over 10,000 families get home, saving them on average $3,500 in upfront fees and days of stress-filled time.
Our backers have helped build some of the most transformative tech and finance companies in history. Kleiner Perkins, Goldman Sachs, IA Ventures, Ally Bank and others have invested over $85MM in Better and our vision of making homeownership magical.
A Better opportunity:
Better is looking for an Underwriting Manager to join the team. This person will work closely with our Head of Underwriting to help manage priorities of the team. They will also evaluate borrower financial and credit information in tandem with property valuations to inform lending decisions, using established underwriting guidelines. Our underwriters will work closely with all members of the production team throughout the process to bring loans to closing.
Beyond producing high-quality loans and managing priorities, our goal is to build a product that will ultimately reduce the cost of homeownership in America. To do this, we need you to wear many hats, ranging from a visionary redesigning the needlessly complex mortgage process; a data analyst uncovering how to make the most impact; to a problem solver working with highly skilled engineers and industry experts to resolve technical and operational challenges.
Responsibilities will include:
- Lead a team of Underwriters who will underwrite and decision agency conforming and non-conforming residential mortgage loans
- Work with our Head of Underwriting to manage team priorities and achieve team goals
- Develop and improve team productivity and performance
- Collaborate cross functionally with adjacent teams (e.g., Processing, Sales, Collateral, Tech, etc.)
- Verify and analyze all necessary financial information and documentation; ensure that loan files contain all necessary credit and legal documents
- Perform thorough analysis of applicant's income and expense data, asset documentation, credit reports, and property valuations in order to affirm borrower qualifies for loan
- Calculate qualifying ratios, determine creditworthiness; provide risk opinions
- 7-10+ years of experience underwriting FNMA, FHLMC, and Non-Conforming mortgages
- Categorical understanding of the mortgage lending process, underwriting methodology and philosophy
- Critical thinker with strong decision making ability
- Experience thriving in a high volume production environment
- Capable of preparing findings reports
- Proven ability to improve production and quality metrics
- Strong written and verbal communication
- Perform well in team environments
- The drive to build something new
- Management and personnel development experience
- Ability to work from the local office - this role is not available remotely.
Things we value:
- Curiosity. Why? How? Repeat.
- Nerdiness. Financial news and trends are fascinating. Seriously.
- Relentlessness. No one here gives up. We try. We fail. We try again.
- Passion. If you don't get excited about homeownership, mortgages, and real estate, it simply won't work.
- Smarts: book and street. We have to use all the tools at our disposal to build Better.
- Empathy and Compassion. You understand that people's biggest dreams are in your hands.
- Communication. Can you ask for help or put your hand up when you don't understand?
- Building. Doing. Making. Yes, we have to do a lot of thinking and talking to figure this stuff out, but you can't wait to leave the conversation and build it.
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