Non-QM Underwriter
WHO WE ARE
We are committed to a supportive, diverse, and inclusive culture, living our values of Rigor, Ownership, Curiosity, Kindness, and "Straight Up" to promote equality and financial empowerment. Intrigued? Say hello!
WHO YOU ARE
- Excellent analytical & communication skills
- Must be conversant with Non-QM regulations
- Ability to work in a fast-paced multi-tasked environment
- Thorough knowledge of federal and state laws pertaining to the mortgage banking industry (i.e.: TILA, ECOA, RESPA, etc.)
- Strong appraisal review skills
- Great organizational and customer service skills
- Expert knowledge of AUS systems (DU, LP)
- Ability to underwrite/review complex purchase and refinance transactions
- Ability to work independently as well as part of a team
- A full understanding of recent FNMA/FHLMC underwriting guidelines is required
- Experience with Non-QM loan products and guidelines
- Strong understanding of Non-QM borrower profiles and documentation requirements
WHAT YOU’LL BE DOING
- A thorough review of loan files to determine deficiencies and/or issues
- Concise and accurate conditioning of loan files
- Meet turn time objectives
- Analyze complex tax returns
- Communicate with the processor and LO in a positive manner in order to assist in moving files to closing as quickly as possible
- Concise and accurate input of data
- Run AUS and vendor software and analyze the results
- Complete a thoughtful and thorough review and sign off of appraisals
- Clear conditions as submitted while meeting turn-time objectives
- Maintain acceptable quality control metrics
- Ability to train and mentor peers
- Support and work on multiple loans to one borrower
- Proficient at client operating system
- Evaluate Non-QM loan applications to ensure compliance with investor guidelines and company policies
- Identify and mitigate potential risks associated with Non-QM loans
IDEALLY, YOU’LL HAVE
- 5+ years in Non-QM underwriting
- Experience with Non-QM loan origination systems and software
- Knowledge of alternative income verification methods and asset utilization strategies
Compensation Range: $36.06/hr - $38.46/hr depending on experience.
WHAT WE OFFER YOU
Here, you get an opportunity to be a vital part of an agile team of thinkers and doers collaborating to change a multi-trillion dollar industry. We offer meaningful equity, a competitive salary, top-tier medical, dental, and vision insurance, flexible work hours, and vacation time.