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Junior Loan Underwriter - CRE

Luther Burbank Savings
Santa Rosa, CA
  • Expired: April 21, 2022. Applications are no longer accepted.

Are you passionate about helping clients with their financial welfare? Have you been looking for an opportunity to make a difference? At Luther Burbank Savings, our mission is to improve your financial future - whether you are a customer, employee, or shareholder.

You're worth more here. We are a state-chartered, FDIC-insured bank specializing in originating multifamily and residential real estate loans funded by retail savings deposits. We have an established reputation for high integrity, responsive delivery, and competitive pricing. Since opening our doors in 1983, we have recorded profits consecutively since our second quarter of operations. Consequently, we have grown to a $7 billion institution with branches and loan offices in California, Oregon, and Washington.

Here at LBS, we foster an environment that encourages our team members to grow and develop their careers. We are looking for a Junior Loan Underwriter - CRE who will assist and support the underwriting functions of the bank by completing data entry and analytics for loan applications. Input and analyze current credit data and financial statements of applicants and subject property analysis. Complete underwriting analysis of loan applications and all related documentation before passing on to the Underwriter. What will your day look like?

You will: * Input and analyze financial data and tax returns, including historical subject property cash flow and appraisal data. * Interpret financial transactions and events for users who must make business decisions. * Maintain a thorough working knowledge of LBS' lending policies, procedures, underwriting guidelines, rate pricing, and requirements for underwriting loans and help to review the packaging of loans. * Help to review loan application packages for completeness and conformity to LBS lending programs. * Help to determine when additional information and documentation will be required to complete underwriting. * Assist underwriters in reviewing loan file documentation to determine acceptability of borrowers' credit histories, adequacy of liquid assets, and financial capacity in relation to loan requests. * Reviews preliminary title reports, purchase agreements, environmental reports, property inspections reports, appraisal reports, and related documentation for acceptability. What you will need for this position: Luther Burbank Savings requires that all new employees be fully vaccinated against COVID-19 as a condition of employment, and proof of vaccination must be provided prior to the start of employment. * Some College/Associate's Degree; one to three years lending experience and/or training; or equivalent combination of education and experience. * Strong analytical skills; strong oral and written communication; strong mathematical and computer skills; knowledge of loan origination systems; advanced knowledge in Excel. What we offer: * Competitive Salary * Comprehensive benefits package includes medical HMO or PPO, dental, and vision * Life/AD&D & Long Term Disability Benefits * Flexible spending accounts (FSA) Dependent Care * Employee Assistance Program (EAP) * Matching 401(k) * Vacation and Sick benefits * Personal Holiday * Paid Bank Observed Holidays Luther Burbank Savings is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Luther Burbank Savings

Address

Santa Rosa, CA
95402 USA

Industry

Finance and Insurance

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