Prospect Mortgage Career Opportunities
DE Underwriter
CA - Concord
or
Apply with
DE Underwriter
CA - Concord

Opportunity Snapshot If accurate financial analyses, critical thinking, and ingenuity are part of your default way of operating, you will feel right at home with our fast-growing organization that is revolutionizing the retail mortgage space! While many in this market are closing their doors, we're poised to continue our upward trajectory as we leverage a solid national sales infrastructure, talented senior leadership, and strong capital backing. And high-impact players will play a key role in our success story while taking advantage of the “upward” draft of opportunity. You’ll flex your analytical muscle to underwrite 60+ quality loans per month, exploring creative, outside-the-box solutions to structure the deal, as you consistently communicate financially sound decisions and get the loans approved in a timely manner. A significant portion of our business (up to 60%) is focused on government loans and to be a good fit for this opportunity you will bring solid expertise in managing FHA/VA/Govt. loans.  The ideal candidate will bring a progressive track record of success in underwriting both conventional and government loans and possess the highly coveted DE, SAR and LAPP certifications. Of course, to thrive in our high velocity environment you will also bring loads of self-initiative along with an infectiously high energy, “can-do” approach to navigate large and sometimes complex loans through the required guidelines to funding. You will also showcase flexibility and a team player approach to integrate well with our long-tenured team as we believe the winner’s edge is in the right blend of both attitude and aptitude. Established in 2006, Prospect Mortgage specializes in acquiring midsized residential lenders, providing them with capital, cost-efficiencies, and increased resources while maintaining a decentralized, entrepreneurial business model. We've created a team-oriented, energetic, and upbeat culture with a focus on success. Prospect is backed by Sterling Partners, a multibillion-dollar private equity fund based in Chicago and Baltimore.  What Else You'll Bring to the Table In addition to the qualifications detailed above, you'll need:
 
 
 

What's in It for You

More About Your Role

If you're a good fit for this position, you already know most of what this job entails. However, to be sure we're providing a complete picture, here are some details.

This is an individual contributor role reporting directly to the Regional Underwriting Manager Manager in a Concord, CA  As you come on board, you’ll be trained on our proprietary systems and processes, but after a short “breaking-in” period we’ll expect you to function independently, meeting our turn times and expectations as you make sound decisions with minimal mentoring/coaching.
In general, your daily responsibilities include:  
 

Keys to Success

Your success in this role will largely derive from your analytical abilities as you distill key findings from complex analyses and propose insightful solutions to structure the deal and get the loan done in a timely manner. But far from crunching numbers in your Ivory Tower, you will showcase the interpersonal savvy and enthusiasm to collaborate with diverse stakeholders--including processors and sales people--to get the job done right. Other facets of success are to:·         Assume ownership of your goals and activities, managing information and action steps with a minimum of supervision.·         Emanate discernible energy and be able to energize others to deliver on multiple, competing priorities; you’ll model a strong adherence to timelines and make everyone aware that they have to “dance to the same rhythm”.·         Demonstrate a strategic approach to problem solving, continually evaluating our loan processes and systems as you look for new and better ways to help us achieve our growth objectives.·         Showcase flexibility in handling multiple files and processes while multitasking, prioritizing and easily adjusting to the evolving needs of the department ( this includes a willingness to work evenings/weekends). If this sounds like the right mix of challenge and opportunity for you, and you meet the minimum qualifications, we want to hear from you!
 

Who We Are

When others see nothing but a downturn in the mortgage industry, Prospect sees opportunity. We understand how to grow for long-term results. We recognize individual companies that have the talent and tools for success. With fresh capital, cost-efficient scale, and decades of mortgage know-how, we are building a network of excellence coast-to-coast that combines the perfect blend of centralized strength and localized entrepreneurialism and leadership.

With about 2000 employees, Prospect Mortgage is one of the larger companies in the portfolio of Sterling Partners, a private equity firm with a history of generating extraordinary returns for investors. With nearly $4 billion of capital under management, Sterling's investment strategy is to invest from $5 million to more than $150 million of equity in each company with which we partner. They invest in industries with positive, long-term trends and bring their experience, expertise, and network in driving value to portfolio companies.www.myprospectmtg.com 
 
 
DE Underwriter
CA - Concord

Opportunity Snapshot If accurate financial analyses, critical thinking, and ingenuity are part of your default way of operating, you will feel right at home with our fast-growing organization that is revolutionizing the retail mortgage space! While many in this market are closing their doors, we're poised to continue our upward trajectory as we leverage a solid national sales infrastructure, talented senior leadership, and strong capital backing. And high-impact players will play a key role in our success story while taking advantage of the “upward” draft of opportunity. You’ll flex your analytical muscle to underwrite 60+ quality loans per month, exploring creative, outside-the-box solutions to structure the deal, as you consistently communicate financially sound decisions and get the loans approved in a timely manner. A significant portion of our business (up to 60%) is focused on government loans and to be a good fit for this opportunity you will bring solid expertise in managing FHA/VA/Govt. loans.  The ideal candidate will bring a progressive track record of success in underwriting both conventional and government loans and possess the highly coveted DE, SAR and LAPP certifications. Of course, to thrive in our high velocity environment you will also bring loads of self-initiative along with an infectiously high energy, “can-do” approach to navigate large and sometimes complex loans through the required guidelines to funding. You will also showcase flexibility and a team player approach to integrate well with our long-tenured team as we believe the winner’s edge is in the right blend of both attitude and aptitude. Established in 2006, Prospect Mortgage specializes in acquiring midsized residential lenders, providing them with capital, cost-efficiencies, and increased resources while maintaining a decentralized, entrepreneurial business model. We've created a team-oriented, energetic, and upbeat culture with a focus on success. Prospect is backed by Sterling Partners, a multibillion-dollar private equity fund based in Chicago and Baltimore.  What Else You'll Bring to the Table In addition to the qualifications detailed above, you'll need:
 
 
 

What's in It for You

More About Your Role

If you're a good fit for this position, you already know most of what this job entails. However, to be sure we're providing a complete picture, here are some details.

This is an individual contributor role reporting directly to the Regional Underwriting Manager Manager in a Concord, CA  As you come on board, you’ll be trained on our proprietary systems and processes, but after a short “breaking-in” period we’ll expect you to function independently, meeting our turn times and expectations as you make sound decisions with minimal mentoring/coaching.
In general, your daily responsibilities include:  
 

Keys to Success

Your success in this role will largely derive from your analytical abilities as you distill key findings from complex analyses and propose insightful solutions to structure the deal and get the loan done in a timely manner. But far from crunching numbers in your Ivory Tower, you will showcase the interpersonal savvy and enthusiasm to collaborate with diverse stakeholders--including processors and sales people--to get the job done right. Other facets of success are to:·         Assume ownership of your goals and activities, managing information and action steps with a minimum of supervision.·         Emanate discernible energy and be able to energize others to deliver on multiple, competing priorities; you’ll model a strong adherence to timelines and make everyone aware that they have to “dance to the same rhythm”.·         Demonstrate a strategic approach to problem solving, continually evaluating our loan processes and systems as you look for new and better ways to help us achieve our growth objectives.·         Showcase flexibility in handling multiple files and processes while multitasking, prioritizing and easily adjusting to the evolving needs of the department ( this includes a willingness to work evenings/weekends). If this sounds like the right mix of challenge and opportunity for you, and you meet the minimum qualifications, we want to hear from you!
 

Who We Are

When others see nothing but a downturn in the mortgage industry, Prospect sees opportunity. We understand how to grow for long-term results. We recognize individual companies that have the talent and tools for success. With fresh capital, cost-efficient scale, and decades of mortgage know-how, we are building a network of excellence coast-to-coast that combines the perfect blend of centralized strength and localized entrepreneurialism and leadership.

With about 2000 employees, Prospect Mortgage is one of the larger companies in the portfolio of Sterling Partners, a private equity firm with a history of generating extraordinary returns for investors. With nearly $4 billion of capital under management, Sterling's investment strategy is to invest from $5 million to more than $150 million of equity in each company with which we partner. They invest in industries with positive, long-term trends and bring their experience, expertise, and network in driving value to portfolio companies.www.myprospectmtg.com 
 
 
Prospect Mortgage is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status.
or
Apply with