Underwriter (Real Estate) Job Vacancy in Asset Based Lending (ABL) Jersey City, NJ 07302 – Latest Jobs in Jersey City, NJ 07302

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Company Name : Asset Based Lending (ABL)
Location : Jersey City, NJ 07302
Position : Underwriter (Real Estate)

Job Description : JOB OVERVIEW
This position is hybrid***
At Asset Based Lending, LLC (ABL), we are striving to be the top hard money lenders in the nation. We understand that in order to exceed our goals we need inspired, talented, and driven leaders. This starts with you! If you would like to be a part of the most innovative hard money lenders in the business and have a passion for real estate, you have found the right place.
Leading hard money lender, Asset Based Lending, is actively seeking a motivated and detail-oriented Underwriter to join the rapidly growing Underwriting team (Bridge). This person will work directly with the firm’s senior leadership to refine internal processes, analyze new inquiry, and help manage portfolio risk.
Our NJ lending team is extremely customer centric and is experiencing tremendous growth. The ideal candidate will be driven to learn the real estate and lending business while staying curious, work to consistently elevate their standards, and be comfortable juggling competing priorities. If you have a tireless drive to succeed, and a need for learning while growing personal and organizational success, come join the ABL team!
JOB RESPONSIBILITIES

Analyze and perform risk assessments for bridge loans
Take Loan Officer inquiries and discuss viability of opportunities
Conduct Borrower underwriting interviews
Update the Customer Relationship Management (CRM) platform with loan details and underwriting notes.
Structure loans in accordance with ABL’s guidelines
Provide recommendations to credit committee on the approval or rejection of loans
Maintain a robust pipeline of loans at various stages of underwriting
Review appraisal reports, credit backgrounds, and other aspects of loans files prior to clearing them for closing.
Coordination with operations for loan closings
Interface with loan buyers to increase efficiency of loan sales

QUALIFICATIONS

3+ years of underwriting or mortgage sales/operations experience in bridge loans
Track record of success working with a cross functional team in a fast-paced environment
Customer service mindset
Meticulous attention to detail
Excellent communication skills, both written and verbal. Must be comfortable on the phone
Technological proficiency including Microsoft Excel and similar tools
Spanish fluency a plus
US citizenship or green card required.
High School Diploma required

ABOUT US
Established in 2010, Asset Based Lending, LLC is a Hard Money Lender providing fast financing to real estate investors. We’ve experienced tremendous growth in the last 11 years, closing over 3,500 loans for proceeds in excess of $1B and being named one of Inc Magazines fastest growing private companies.
For more information, please visit www.abl1.net.
Job Type: Full-time
Pay: $75,000.00 – $95,000.00 per year
Benefits:

401(k)
401(k) matching
Dental insurance
Flexible spending account
Health insurance
Paid time off
Parental leave
Vision insurance

Physical Setting:

Office

Schedule:

Monday to Friday

Supplemental Pay:

Bonus pay

COVID-19 considerations:Employees and visitors required to be vaccinated or masked
Work Location: One location

This post is listed Under New Jersey jobs

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