Post Close Underwriter I (Trainee)

Post Close Underwriter I

CAKE Mortgage is a cutting-edge wholesale mortgage lender specializing in Non-QM products. We're redefining the lending experience with innovative programs, streamlined processes, and a commitment to speed and precision. As we grow, we're looking for forward-thinking professionals who thrive in fast-paced, collaborative environments.

We are seeking a motivated and detail-oriented Post Close Underwriter I to join our mortgage operations team. This entry-level opportunity is ideal for candidates looking to grow their career in mortgage underwriting, quality control, and post closing operations. The selected candidate will receive hands-on training and mentorship while assisting with the review of closed loan files, clearing conditions, and ensuring compliance with agency, government, and investor guidelines.

Key Responsibilities

• Assist with post-close reviews of funded mortgage loan files for completeness, accuracy, and compliance.
• Review documentation including income, assets, credit, and collateral to ensure files meet underwriting and investor requirements.
• Support the review and resolution of conditions identified by third-party review (TPR) firms or investors.
• Help gather and organize supporting documentation needed for condition clearance.
• Communicate with internal departments including underwriting, closing, compliance, and operations teams.
• Track open conditions and maintain accurate records of responses and loan status updates.
• Learn and apply agency, government, and Non-QM guidelines through ongoing training and mentorship.
• Assist with identifying documentation discrepancies and escalating issues as needed.
• Maintain detailed and organized audit trails within company systems.
• Participate in training sessions, process improvement initiatives, and team meetings.

Requirements

• 1+ year of mortgage, banking, financial services, or administrative experience preferred.
• Recent graduates with a degree in Business, Finance, or related fields are encouraged to apply.
• Basic understanding of mortgage lending or underwriting concepts is a plus.
• Strong attention to detail and organizational skills.
• Ability to learn quickly and work in a fast-paced environment.
• Strong written and verbal communication skills.
• Proficiency in Microsoft Office and ability to learn mortgage systems and technology platforms.
• Familiarity with Encompass, DU/LP, or mortgage documentation is preferred but not required.

Why Join CAKE Mortgage?

• Be part of a fast-growing company changing the game in Non-QM.
• Competitive compensation and performance-based bonuses.
• Collaborative and entrepreneurial culture.
• Opportunities for career advancement and innovation.

Cake Mortgage does not tolerate discrimination of any type. Cake Mortgage offers equal employment opportunity to all qualified persons without regard to race, age, color, religion, sex/gender, gender identity, sexual orientation, marital status, medical condition, military or veteran status, national origin, ancestry, disability, or any other considerations made unlawful by Federal, State, or Local law. Cake Mortgage provides eligible and qualified employees with opportunities to advance. Cake Mortgage is an at-will employer. Cake Mortgage is committed to providing employees with a work environment free of discrimination and harassment.