Remote Jumbo, Non-QM Mortgage Underwriter

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Posted 13 days ago United States Salary undisclosed
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Job Description

Job DescriptionFull-time The Jumbo, Non-QM Mortgage Underwriter candidate will have an extensive background making manual credit decisions on a broad spectrum of loans on a delegated basis.Key Responsibilities• Responsible for manually assessing the risk of a loan and making a credit decision based on the quality of the data in the loan file• Applies all internal underwriting guidelines, investor underwriting guidelines and requirements as well as federal regulations to the decision process to ensure high loan quality• Determine specific investor program requirements and ensure credit underwriting review meets investor requirements• Perform detailed analysis and review of one-to-four family appraisals to determine if property meets investor guidelines• Review credit documents for accuracy and completeness• Partner with the Production and Operations teams to ensure high quality loans• Communicate with loan officers, brokers and processors to create a positive customer experience• Provide feedback for pre-closing as well as post-closing quality control audits in a timely manner• Willingness to provide alternative solutions when needed• Adhere to all applicable internal NPI policy and procedures and protect the confidentiality of borrower informationQualificationsQualifications• Minimum of 5 years recent Jumbo, Non-QM and/or Portfolio type underwriting experience• Recent experience underwriting alternative income documentation such as bank statements or assets-based underwriting• Minimum of 5 years-experience with complex borrower business structures, including multiple REO and multiple self-employed entities and various entity types• Recent experience underwriting Investor or Business Purpose loan programs• Minimum of 2 years recent Wholesale experience• Thorough understanding of Agency and Appendix Q underwriting guidelines• Exposure to underwriting at a national level and in multiple markets• Strong communication skills and ability to interact with brokers, processors, sales teams , post-closing, QC and operations.• FHA DE and/or VA LAPP/SAR a plus• Proficiency with Microsoft Office SuiteAdditional InformationCompetitive base salary plus sign on bonus.Holiday, sick, and vacation pay.