Pontiac, MI, US
19 days ago
Entry Level Capital Markets Opportunity
Entry Level Capital Markets Opportunity Business Unit United Wholesale Mortgage Location US-MI-Pontiac  

Are you looking for a step up in responsibility? Are you looking to have more control over your daily schedule? This position is primarily responsible for owning our pipeline of Non-Agency loans and secondarily responsible for the pipeline of mortgage insurance loans. The Entry Level Capital Markets role is actively involved in ensuring our pipeline of Non-Agency closed loans is delivered and sold to the investor. In addition, this role is responsible in making sure all our loans with mortgage insurance are committed with the MI providers at the correct rate and coverage levels.

WHAT YOU WILL BE DOING Monitor reports outlining loans requiring Mortgage Insurance to be ordered, as well as our allocations month to date for each insurance provider we partner with. Process all requests and questions to ensure we can close and fund all loans in a timely fashion.Loan updates including: locks, extensions, withdrawals and loan parameter changes will be processed in multiple investor systems. Run best execution pricing throughout the day to ensure we are locking loans at optimal price. Understand basic underwriting guidelines in order to execute locks with eligible investors. Weekly investor funding reports are analyzed and verified.Monitor reports outlining loans requiring Mortgage Insurance to be ordered, as well as our allocations month to date for each insurance provider we partner with. Working closely with other team membersPromptly process all requests and questions to ensure we can close and fund all loans in a timely fashion. WHAT WE NEED FROM YOU

Must Have Qualifications:

Strong Excel skills including Pivot Tables, VLookups, and FormulasStrong ownership skillsHigh sense of urgencyAttention to detailTime Management skillsIndependent thinkerStrong Work EthicPositive AttitudeHigh School Diploma THE PLACE & THE PERKS

Ready to join thousands of talented team members who are making the dream of home ownership possible for more Americans? It’s all happening on UWM’s campus, where our award-winning workplace packs plenty of perks and amenities that keep the atmosphere buzzing with energy and excitement.

 

It’s no wonder that out of our six pillars, People Are Our Greatest Asset is number one. It’s at the very heart of how we treat each other, our clients and our community. Whether it’s providing elite client service or continuously striving to improve, our pillars provide a pathway to a more successful personal and professional life.

 

From the team member that holds a door open to the one that helps guide your career, you’ll feel the encouragement and support on day one. No matter your race, creed, gender, age, sexual orientation and ethnicity, you’ll be welcomed here. Accepted here. And empowered to Be You Here.

 

More reasons you’ll love working here include:

Paid Time Off (PTO) after just 30 days Additional parental and maternity leave benefits after 12 months Adoption reimbursement program Paid volunteer hours Paid training and career development Medical, dental, vision and life insurance 401k with employer match Mortgage discount and area business discounts Free membership to our large, state-of-the-art fitness center, including exercise classes such as yoga and Zumba, various sports leagues and a full-size basketball court Wellness area, including an in-house primary-care physician’s office, full-time massage therapist and hair salon  Gourmet cafeteria featuring homemade breakfast and lunch Convenience store featuring healthy grab-and-go snacks In-house Starbucks and DunkinIndoor/outdoor café with Wi-Fi DISCLAIMER All the above duties and responsibilities are essential job functions subject to reasonable accommodation and change. All job requirements listed indicate the minimum level of knowledge, skills and/or ability deemed necessary to perform the job proficiently. Team members may be required to perform other or different job-related duties as requested by their team lead, subject to reasonable accommodation. This document does not create an employment contract, implied or otherwise. Employment with UWM is "at-will." UWM is an Equal Opportunity Employer. By selecting “Apply for this job online” you provide consent to UWM to record phone call conversations between you and UWM to be used for quality control purposes. Connect With UWM! Not sure what to apply for? Connect with us to speak with a Recruiter and explore opportunities! .
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