Milo is hiring a
Web3 Loan Underwriter

Location: Miami

Loan Underwriter

Miami /
Mortgage Operations – Loan Operations /
/ Hybrid

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About Milo:
Milo is a modern lending company that provides mortgages and loans for crypto investors, foreign nationals, and U.S. consumers. Having facilitated over $1B+ in loan applications to date, Milo's financial solutions through their technology platform are fast, secure, easy to use, and human. The company is committed to driving the transformation of financial services for today’s world, solving real problems, and making a meaningful impact in people's lives. Always guided by their mission, Milo empowers clients with access to capital that deserve to qualify.

We’re ready to Unlock What’s Possible! Are you?

About the Role:
The Milo Credit team is looking for a Mortgage Underwriter to join our growing Loan Operations team in Miami.  The Mortgage Underwriter will be responsible for ensuring all loan applications are completed with required documents submitted correctly and loan files are in accordance with our latest investor guidelines and industry standards.  They will report into our Director of Loan Operations and work closely with our processors, closer, & loan consultants through the loan lifecycle. The Mortgage Underwriter is organized and detail-oriented with a sense of urgency to work to completion of our loan process as quickly and efficiently as possible.

Your Mission:

    • Analyze submitted loans to ensure they meet loan program guidelines and requirements.
    • Review and evaluate loan documents to ensure accuracy, completeness, and compliance with company standards, federal and agency standards and guidelines, as well as any applicable state-specific and or local regulations, etc.
    • Maintain thorough knowledge/understanding of loan guidelines and stay up to date on current regulations and industry trends. 
    • Ability to read, interpret and understand the written policies. 
    • Review and Analyze income, credit, assets, source(s) of down payment, and supporting documentation for loan decision (Approve, counter, or deny as applicable) and identify potential fraud or misrepresentation.
    • Review Condo projects and Appraisals to ensure that loans meet secondary market, investor, and company standards.
    • Review specific docs for loans vested under an entity in accordance with loan guidelines.
    • Ensure all data noted in LOS is consistent with documentation contained in the loan file.  Work closely with the loan team staff to gather and complete review of the loan file in a timely manner.
    • Communicate proactively with the Loan Operations team on the status of all loans.
    • Review and clear Conditions for missing required supporting documentation.
    • Complete monthly and quarterly QC reports managing all aspects of externally completed audits.
    • Additional duties may be assigned.

About You:

    • 5+ years of related experience Underwriting Residential Lending Loans.  
    • Strong communication skills, both written and verbal.
    • Working knowledge, understanding and following OFAC, BSA, TRID and all compliance regulations required for residential loan origination.
    • Experience working in Encompass (preferred) or another LOS.
    • Ability to manage and prioritize a large number of tasks without micromanagement.
    • Highly organized and detail-oriented with the demonstrated ability to meet and manage deadlines.
    • Persistent and creative with the ability to stay calm in stressful or frustrating circumstances.
    • Willing and able to learn quickly. Self-starter with a “No task is too big or small” attitude.
    • Excited to join a startup and put in the hustle required to get things done!

Bonus Points for:

    • Experience in Fintech, the mortgage industry, Real Estate, Real Estate Tech, or a startup environment.
    • Understanding of foreign national consumers.
    • Multilingual (English and Spanish)
    • Established professional network in the Residential Real Estate industry.
    • Active Florida real estate license.
    • Experience processing and/or underwriting foreign national loans at a regional bank.
    • Independent and entrepreneurial mindset.
Our Team:
We're self-starters who are passionate and enthusiastic about what we do. Our culture is high output and low drama—doing great work, constantly improving and celebrating our success.  If you've got vision, drive, and a roll-up your sleeves attitude, you'll fit right in. The Milo team is creating new technology solutions that are both elegant and scalable, and if that fires you up, join us!

Our Core Values:
Always do what is right and fair - for our clients, our partners, and our company.
Simple, Fast, & Obvious 
Create simple solutions.  Move Fast.  Build trust through the process.
Our team is always learning! We’re not afraid to ask questions, make mistakes, and find new ways.
We work hard through our challenges, commit to a plan, and never give up in the process!

Our Benefits & Perks:
- WFH Wednesdays!
- Free EV charging stations on-site
- Competitive compensation to the market and tech ecosystem
- Stock options, giving you ownership in a fast-growing company
- Generous vacation policy with 4 weeks PTO per year, encouraging our employees to disconnect, relax, & reenergize, plus 11 paid federal holidays
- Medical, dental, & vision insurance with up to $1,000 of premiums covered per month
- Option to save for your future and enroll into our 401K program 
- Your choice of equipment for you to get your job done!
- Fully stocked kitchen & fridge -- with all the coffee, seltzers, & snacks you’ll need to fuel yourself through the day
- Monthly social hours, ping pong tournaments, happy hours, etc.
- Quarterly out of office team-building events and bi-monthly wellness challenges
- New office in the heart of Wynwood with a fun, energetic, & hardworking team committed to creating a product making a difference

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Location: Miami

This job is closed

Benefits: Pto, 401k, Vision Insurance, Dental Insurance, Medical Insurance

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