Loan Underwriter
1st Financial Bank USAover 1 year ago
Sioux Falls, South Dakota, United States
On-site
Full-time
Beginner Level (< 1 year)
$57,000 Annually
Job Description
Position Overview
Builder Finance Inc. (BFI) is a growing lender to homebuilders and housing investors launched in 2014. With several coast-to-coast lending programs and plans for expansion, BFI offers great pricing, great terms, and an industry-leading customer experience. In this role, you will enter at a junior level to learn real estate and finance—with an emphasis on residential construction—by underwriting real estate and borrowers, and helping to process, fulfill, and service loans. You’ll work in a collegial environment where initiative and talent can quickly lead to increased responsibility and enhanced compensation.
Key Responsibilities
- Underwrite real estate and assess borrower applications.
- Process, fulfill, and service loans.
- Support loan origination with potential progression to a sales/originations role.
Required Qualifications
- Excellent attention to detail and strong analytical skills.
- Strong communication and interpersonal abilities, especially over the phone.
- Basic proficiency in Microsoft Excel, Word, and Outlook (skills can be learned on the job).
- Bachelor's degree is required; please include your GPA with resume submission.
Preferred Qualifications
- Real estate and/or sales experience.
Benefits & Perks
- Compensation: $57,000 base salary plus a $2,000 sign-on bonus. Year two compensation is intended to be well above market with opportunities for a base salary increase and bonus program participation.
- Full-time schedule (approximately 45 hours per week with standard hours of 8:15–5:45, including a half-hour lunch break, with occasional extended hours).
- Work in a collegial, service-based culture that nurtures career growth.
- Located in downtown Sioux Falls, SD (remote work is not available for this position).
Required Skills
Residential Construction
Underwriting
Attention to Detail
Communication
Finance
Real Estate
Outlook
Interpersonal Skills
Word
Excel