Key Responsibilities
- Underwrite Non-QM and non-conforming jumbo loans, ensuring loans are compliant with company and investor guidelines
- Manage individual pipeline daily by completing new underwriting reviews, condition reviews and other underwriting tasks within established turn times
- Review and analyze borrower profiles, credit reports, title reports, income documentation and assets, appraisals, and complex business returns and financials
- Communicate with processing and sales to provide updates, clarification on outstanding conditions and deficiencies identified on loans, and to assist in interpreting underwriting guidelines
- Conduct an appraisal analysis to determine acceptable collateral standards are met.
Qualifications:
- Minimum 7 years overall underwriting experience / 3-4 years minimum Non-QM experience
- Ability to underwrite Non-QM and Non-Agency loan products, including but not limited to Bank Statement Income Analysis, Asset Depletion, DSCR No Ratio, Foreign National and Self-Employment.
- Ability to review & calculate complex personal and/or business financials and tax profiles.
- Perform mortgage credit analysis with or without the assistance of an automated underwriting system and ensure lending decisions follow company guidelines and policies.
- Demonstrated proficiency in basic computer applications, such as Microsoft Office software products and Encompass
- Exceptional organization skills and ability to multi-task and handle several priorities at once.
- Excellent analytic skills, attention to detail, and ability to work within time constraints
- Good communication skills, both verbal and written.
