About Us
We are reinventing consumer credit. We wildly reduce the cost of capital by using technology to easily tap into people's assets. Our first product is the world's cheapest credit card backed by home equity. Using many patented technologies, we sped up a process that usually takes 4-6 weeks and thousands of dollars down to as fast as 15 minutes and $0 to get.
Who are we
We are a well-capitalized (over $250MM in equity funding) team of technology (Square, Microsoft, Facebook) and finance (Discover, CapitalOne, Goldman Sachs) executives with top-tier investors Founders Fund, Khosla Ventures, Max Levchin, NYCA, Sequoia, SciFi VC, Caffeinated Capital, etc.
Our team includes people who have built:
- Financial products (Square/CashApp, the earliest CapitalOne credit cards)
- Consumer products (Internet.org, Xbox)
- Technology infrastructure (Visual Studio, Windows & Azure, helped design the C++ & C# languages)
- Mathematics & science infrastructure (computational research at NASA's JPL)
We are missionaries who like to work hard on important problems - and build products that become infrastructure for society. We believe that using technology to lower the cost of capital for consumers is one of these problems - and if we can do it, it could have an infinite impact on people's lives.
Responsibilities
- Underwriting & Review: Review and underwrite residential mortgage loan applications, including Conventional, FHA/VA, and Non-QM products.
- Compliance: Ensure compliance with TRID guidelines and other loan compliance requirements.
- Verification: Evaluate and verify borrower documentation such as income, credit, assets, title, and appraisals to confirm accuracy and eligibility.
- Guideline Application: Apply Agency and Investor guidelines (Fannie Mae, Freddie Mac, HUD, VA) when making underwriting decisions.
- Risk Assessment: Identify potential risks in loan files and provide sound recommendations or solutions.
- Policy Adherence: Maintain adherence to established underwriting policies, procedures, and regulatory standards.
- Collaboration: Support the full mortgage life cycle by collaborating with other departments to ensure timely and accurate loan processing.
Qualification
- Experience: Proven experience in residential mortgage underwriting across Conventional, FHA/VA, and Non-QM loan products.
- Knowledge: Strong understanding of TRID compliance, regulatory requirements, and in-depth knowledge of Agency and Investor guidelines (Fannie Mae, Freddie Mac, HUD, VA).
- Analytical Skills: Ability to analyze borrower documentation and assess risk to recommend appropriate solutions.
- Industry Understanding: Comprehensive understanding of the end-to-end mortgage life cycle is preferred.
- Soft Skills: Excellent attention to detail, strong organizational skills, time management abilities, and the ability to work under tight deadlines.
- Communication: Fluency, clarity, and good diction in English.
- Education: Bachelor's Degree or comparable work experience in financial services.
Requirements:
- Flexibility to work US Pacific time (between 7 AM and 7 PM with a 1-hour break).
- Must live in the Philippines.
