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Non-QM Underwriter

UnderwriterUnderwriterOtherRemoteTeam 201-500Since 2020H1B SponsorCompany SiteLinkedIn

Location

United States

Posted

98 days ago

Salary

0

No structured requirement data.

Job Description

Non-QM Underwriter

PLACE

This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more. Role Description 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. Qualifications - 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 Requirements - 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 Benefits - Opportunity to be a vital part of an agile team of thinkers and doers - Meaningful equity - Competitive salary - Top-tier medical, dental, and vision insurance - Flexible work hours - Vacation time Compensation $36.06/hr - $38.46/hr depending on experience.

Job Requirements

  • 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
  • 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

Benefits

  • Opportunity to be a vital part of an agile team of thinkers and doers
  • Meaningful equity
  • Competitive salary
  • Top-tier medical, dental, and vision insurance
  • Flexible work hours
  • Vacation time
  • Compensation
  • $36.06/hr - $38.46/hr depending on experience.

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