Underwriter (Remote - Dallas, TX preferred)

Zippy was founded with one mission: to make getting a loan for a manufactured home simple, fast, and fully online. We believe modern manufactured homes are affordable, well-built, eco-friendly, and stylish, but finding a lender who understands this market can be challenging. That’s why Zippy focuses exclusively on manufactured home loans, offering a seamless, digital experience.

Headquartered in Dallas, TX, with an office in Tempe, AZ, Zippy provides home loans and insurance to manufactured home buyers throughout the United States. Our remote-first team is spread across cities like Dallas, Houston, Knoxville, Omaha, Philadelphia, Phoenix, and several other states and cities. Backed by institutional investors, we offer competitive pay, stock options, and excellent benefits. At Zippy, we pride ourselves on our commitment to finance happiness through the power of home. We are dedicated to enhancing consumers' financial outcomes and tackling the affordable housing crisis through cutting-edge technology and innovative solutions.

Job Description:

We are seeking a skilled and detail-oriented Loan Underwriter to join our lending team specializing in manufactured housing chattel loans. As an Underwriter, you will play a pivotal role in evaluating loan applications and assessing the creditworthiness of borrowers seeking financing for manufactured homes. Your expertise in analyzing financial documents, assessing risk, and ensuring regulatory compliance will drive informed lending decisions that support our mission to expand affordable housing opportunities. This position offers a chance to contribute meaningfully to our organization's growth while helping individuals achieve their homeownership dreams.

Desired Mentality:

• Passionate about improving consumer outcomes and addressing the affordable housing crisis.

• A critical thinker with a collaborative mindset, committed to excellence and innovation in lending.

Responsibilities:

• Review loan applications and supporting documentation for manufactured housing loans, including income verification, credit reports, and property valuations.

• Assess the creditworthiness of borrowers by analyzing financial statements, tax returns, employment history, and other relevant information.

• Evaluate debt-to-income ratios and other key financial indicators to determine loan feasibility.

• Ensure compliance with lending regulations, internal policies, and underwriting guidelines.

• Collaborate with loan officers, processors, and other team members to gather necessary information and address any application deficiencies or documentation gaps.

• Conduct thorough risk assessments to identify potential red flags or fraudulent activities.

• Prepare loan underwriting summaries, including recommended loan structures, risk mitigation strategies, and rationales for decision-making.

• Communicate lending decisions and provide clear explanations to loan officers, processors, and other stakeholders.

• Stay updated on industry best practices, regulatory changes, and market trends related to manufactured housing financing.

Qualifications:

• Proven experience as a Loan Underwriter or in a similar role, with expertise in manufactured housing loans preferred.

• Deep understanding of underwriting guidelines, lending regulations, and compliance requirements specific to manufactured housing.

• Proficiency in analyzing financial documents, including credit reports, tax returns, and income statements.

• Familiarity with loan origination systems, mortgage underwriting software, and document management tools.

• Meticulous attention to detail and the ability to accurately review and interpret complex loan documents.

• Strong analytical skills for evaluating creditworthiness and risk.

• Excellent verbal and written communication skills for clear decision-making explanations and stakeholder interactions.

• Ability to work independently, manage priorities effectively, and meet deadlines in a fast-paced environment.

• High ethical standards with a commitment to confidentiality and data privacy.

• Located in or around Dallas, TX

Note: This job description is a general outline of the key responsibilities and qualifications expected of a Underwriter. It is not exhaustive and may be subject to change based on the needs of the organization.

Please note that we are currently only hiring candidates who reside in the following states: Arizona, Connecticut, Florida, Georgia, Illinois, Indiana, Iowa, Louisiana, Maryland, Michigan, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, and Washington.

Total Rewards

At Zippy, we're passionate about creating a workplace where people love to work. We put a lot of heart into building and nurturing a company culture that not only supports our team but also inspires them to do their best work.

Our benefits and perks are always evolving, but here’s what we offer right now:

• Competitive Compensation: We offer a competitive salary with the potential for annual bonuses and variable pay, depending on your skills and experience.

• Equity for All: As a part of our commitment to shared success, all employees receive equity in the company, allowing you to share in the growth and achievements of Zippy.

• Remote Work: Enjoy the flexibility of working from home in a dynamic, remote-first environment.

• Comprehensive Health Coverage: We provide medical, dental, and vision insurance, along with company-subsidized benefits like STD, LTD, and life insurance for you and your family.

• Flexible Spending Accounts: Take advantage of medical & dependent care FSAs to help manage your expenses.

• Training & Licensing Support: We invest in your professional growth with resources for training and licensing.

• Paid Time Off: We offer generous PTO—and we encourage you to use it!

• Wellbeing Programs: Access a variety of wellbeing resources, including Headspace, Gympass+, Fetch, Spring Health, SoFi, Perkspot, Ladder, and more through our Sequoia Wellbeing Programs.

• Parental Leave: We provide paid parental leave to support you and your growing family.

• No Meeting Wednesdays: Enjoy a mid-week break from meetings to focus and recharge.

• Vibrant Slack Community: Engage with colleagues in our lively remote Slack community, featuring fun channels that connect people around shared interests like travel, pets, sports, food, and more.

• Career Growth: We believe in promoting from within, offering you opportunities to grow your career with us.

Beyond the tangible benefits:

• Core Values: At the heart of everything we do are our core values: Lead with Passion, Own It, Build a Better Way, Results Driven, and The Golden Rule. These values guide our decisions, shape our culture, and inspire us to achieve our best every day.

• Join a Growing Team: Be part of a dynamic team at a pivotal moment in Zippy’s growth, where every contribution makes a significant impact.

• Innovative Work: Collaborate with sharp, passionate teammates to tackle unique challenges in the Manufactured Housing market, positioning our product as a top-tier lending solution.

• Supportive Culture: You’ll be welcomed into a collaborative environment that fosters camaraderie, respect, and a deep sense of belonging.

• Diversity & Inclusion: We’re committed to empowering a diverse and inclusive workforce, celebrating our differences, and ensuring everyone feels safe to bring their whole selves to work.

• Inspirational Leadership: Work alongside leaders who are not only approachable but also dedicated to providing guidance, mentorship, and support to help you succeed.

• Meaningful Impact: Be part of a mission-driven team that’s making housing more affordable for everyone, helping prospective buyers secure fast and simple online loans to purchase manufactured homes. By joining Zippy you will help improve the lives of over 22 million Americans who live in manufactured homes today.

Zippy is an equal opportunity employer that is committed to diversity and inclusion. We do not discriminate based on race, color, national origin, religion, gender, gender expression, sexual orientation, age, veteran status, disability status, or marital status. If you are excited about the role but do not meet 100% of the qualifications listed above, we encourage you to apply. Nothing in this job posting should be construed as an offer or guarantee of employment.