WHO WE ARE...

Maxwell was founded in 2015 by homebuyers who were shocked by the complexity and inefficiencies of the mortgage process for borrowers and lending teams alike. We’ve created a platform that has not only streamlined the process and made it more efficient - closing loans 45%+ faster - but has made mortgages more accessible in the process. Our mission is clear: democratize mortgage by helping lenders work more efficiently and stay compliant while eliminating the barrier to entry and the stress for the borrower.

We are a company focused on a supportive, diverse, and inclusive culture - live through our values of Rigor, Ownership, Curiosity, Kindness, and "Straight Up" - to bring equality to the mortgage process and spread financial empowerment. Intrigued? Read on and say hello!

WHO WE ARE...

As the Due Diligence Underwriter at Maxwell, you enjoy digging in to ensure loan files are accurate and compliant with regulatory standards. You understand what is needed to properly investigate inconsistencies in loan files to protect against fraud, negligence, errors, and omissions through the loan manufacturing process. To ensure a smooth transition from pre-approval to funding, you enjoy cross-functional collaboration with our Fulfillment Services and Capital Markets teams. 

WHAT YOU'LL BE DOING...

• Review Mortgage loan files to ensure accuracy of information and verify presence of all required documents
• Performing due diligence review of the residential mortgage loan application and documentation as submitted to ensure loans meet specific investor/product guidelines and AUS requirements
• Analyze borrower’s credit profile, collateral, and capacity to repay the proposed mortgage obligation including accurately calculating income and ensuring the borrower’s ability to repay
• Properly calculate and analyze loan-to-value and debt-to-income ratios.
• Analyze purchase contracts, title commitments, and other loan pertinent documentation.
• Enter review results into the company’s proprietary software
• Executing risk analysis and making decisions regarding deficiencies identified during the review process and recommend resolution to deficiency
• Stay current on all agency, state, and multiple investor guidelines
• Participate in ongoing training as the industry evolves to ensure proper compliance standards and processes are met
• Manage time efficiently and prioritize workloads to meet the minimum daily production goals plus clearing QA feedback and perform within department audit standards

IDEALLY YOU'LL HAVE...

• Extensive and recent/current experience in underwriting, preferably with prior experience in Quality Control and/or Due Diligence experience at a mortgage lending institution.
• Familiarity with best practices for post-close quality control on new and seasoned originated mortgages
• Encompass experience is required as well as high technical aptitude since we'll be transitioning into a new QC platform
• Proficiency of Fannie Mae/Freddie Mac guidelines, QM/ATR




Not sure you meet all of our ideals? We'd still love to hear from you so please apply!

Compensation Range: $80,000-$95,000

WHAT WE OFFER YOU...

An opportunity to be part of an agile team of thinkers and doers who are driven, collaborative, and authentic. We celebrate diversity and are committed to creating an inclusive environment for all employees. Our employees are our greatest asset, and you play a key role in shaping our incredible company and culture. Some of our benefits include:

- Competitive pay and meaningful equity as an employee at a fast-growing, venture-backed software company. We want you to participate and make decisions as an owner with our future in mind

- Flexible vacation time plus strong benefits packages offering a wide range of top-tier insurance plans so all Maxwell employees can find coverage that best suits their needs

- Up to 2 paid days off each year to volunteer at the charity of your choice

- An "Even Merrier Holidays" where Maxwell closes down the office to make sure employees spend time with family and friends or doing what they love most!

- A company that is people-centric: we care about our employees and foster an inclusive environment to ensure everyone feels valued and has equal opportunities for career progression

At Maxwell, we value our differences, and we encourage all—especially those whose identities are traditionally underrepresented in tech organizations—to apply. We're looking for candidates with great experience and alignment with our core values. Maxwell is an equal opportunity employer. We do not discriminate on the basis of race, religion, color, gender expression or identity, sexual orientation, national origin, citizenship, age, marital status, veteran status, disability status, or any other characteristic protected by law. If you require further accommodations or have questions regarding accessibility of our roles, please reach out to [email protected]. All employment decisions at Maxwell are based on a person's merit, business needs, and role requirements.