Job Description
Position Summary:
As an In-Office Non-QM Underwriter, you will be responsible for evaluating and underwriting complex non-qualified mortgage (Non-QM) loan applications. This position requires expertise in various non-QM loan products, including but not limited to Bank Statement , DSCR (Debt Service Coverage Ratio) , and Asset Depletion loans. Your role will ensure compliance with all underwriting guidelines and regulatory requirements while maintaining a high level of service and accuracy.
Key Responsibilities:
- Review and analyze loan files, including income documentation, credit reports, and asset verification for Bank Statement, DSCR, and Asset Depletion loans.
- Underwrite and approve or deny loan applications based on the company’s guidelines, policies, and regulatory requirements.
- Communicate with loan officers, processors, and other stakeholders to obtain necessary documentation and resolve any issues.
- Ensure loan files are complete, accurate, and compliant before final approval or denial.
- Stay current with industry regulations, guidelines, and best practices regarding Non-QM loan products.
- Provide guidance and support to junior underwriters and other team members as needed.
- Maintain a high level of productivity and quality assurance while meeting deadlines.
Requirements:
- Minimum of 3+ years of experience in underwriting Non-QM loans.
- Strong knowledge and experience with Bank Statement , DSCR , and Asset Depletion products.
- Deep understanding of underwriting guidelines, regulations, and compliance standards related to Non-QM loans.
- Proven ability to handle a high volume of loan files while maintaining accuracy and attention to detail.
- Excellent communication skills, both written and verbal.
- Ability to work independently and as part of a collaborative team.
- Strong organizational and problem-solving skills.
Salary: 90-110k
Job Tags
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