Loan Underwriter
Location Sioux Falls, SD
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Title: Loan Underwriter
Location: Sioux Falls, SD (This is an on-site position)
Builder Finance Inc. (BFI) is the growing lender to homebuilders and housing investors. Launched in 2014, BFI now has several coast-to-coast lending programs with additional programs planned.Clients choose BFI for great pricing, great terms, and an industry-leading customer experience. Details are available at BuilderFinance.com.
Job Overview:
This is intended to be a 2-year position.
Year one provides the opportunity to enter at a junior level and to learn real estate and finance, with an emphasis on construction of single-family and small multifamily residential property. Key job responsibilities include: underwriting real estate; underwriting borrowers; and helping to process, fulfill, and service loans.
Year two, the intended path of progression is for the Loan Underwriter to grow into more of a sales role. This will involve working directly with clients to originate and structure loans. Strong interpersonal skills and comfort on the phone will be necessary.
Success with sales after success with underwriting will open up opportunity for promotion to greater responsibility and compensation. The work environment is supportive and friendly but demanding. It enables those with initiative and talent to stand out.
Qualifications:
The success of BFI is based on originating loans that repay. Attention to detail is critical.
This position will require moderate Excel, Word, and Outlook skills which can be learned on the job.
BFI embraces a strong service-based culture. The Loan Underwriter should expect to work 45 hours in a typical week. While there is some ability to customize hours, roughly 8:15-5:45 with half an hour off for lunch would be typical. Certain days/weeks will require greater hours. There will be minimal travel.
Education: A bachelor’s degree. Please include GPA with resume submission and any other school and standardized testing scores you feel relevant.
Experience: Preference given to those with a demonstrated interest in real estate and/or sales ability.
Compensation : Salary and benefits plus a sign-on bonus. Pending success with sales, will be included in bonus opportunity.
Location: BFI’s main office is in downtown Sioux Falls, SD. Remote work is not offered at the Loan Underwriter position.
We provide a highly competitive and comprehensive compensation and benefits program including affordable medical/dental insurance, generous paid leave program, 401(k) and much more!
Builder Finance Inc. is an equal opportunity and affirmative action employer.
All qualified applicants will receive consideration without regard to their race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Builder Finance Inc. participates in E-Verify
E-Verify Right to Work Poster (justice.gov) (
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