Introduction to Our Company and Industry
We are a leading financial services company specializing in non-conforming loan products, dedicated to providing innovative solutions to our clients. Our company operates in a dynamic and fast-paced environment, where no two days are the same. We pride ourselves on our commitment to excellence, integrity, and customer satisfaction. As a Non-Conforming Loan Underwriter, you will play a critical role in our team, responsible for analyzing loan files, ensuring compliance with company and investor guidelines, and making informed decisions that drive business growth.
Job Summary
We are seeking an experienced and skilled Non-Conforming Loan Underwriter to join our team. This is a 100% remote position, offering a hybrid work model that combines the flexibility of working from home with the opportunity to collaborate with our team in our remote office. As a Non-Conforming Loan Underwriter, you will be responsible for underwriting various non-QM loan products, performing manual underwriting, and ensuring that all loan files are thoroughly analyzed and compliant with company and investor guidelines.
Key Responsibilities
- Complete thorough analysis of loan files to determine compliance with company and investor guidelines
- Check the accuracy of all calculations and data integrity
- Recommend loan decisions to underwriting manager for loan amounts exceeding authority limitations
- Maintain company standards for productivity levels and comply with the company policy of 48-hour underwriting turnaround time and 24-hour turnaround time for clearing conditions
- Communicate loan decisions to appropriate parties both verbally and in writing
- Underwrite various non-QM loan products, requiring detailed familiarity with various loan programs
- Perform manual underwriting, analyzing complex personal and/or business financials and tax profiles
- Be available to processors for general guideline interpretations and questions on specific loan files
- Respond to post-closing reviews and audits in a timely fashion
Essential Qualifications
To be successful in this role, you will need to have:
- Minimum two years of recent NON-QM mortgage underwriting experience, with solid working knowledge of underwriting guidelines for NON-QM Investors
- Ability to review and calculate complex personal and/or business financials and tax profiles
- Excellent written and verbal communication skills
- Experience working in a fast-paced team environment
- Encompass loan origination system experience required (1+ years)
Preferred Qualifications
While not essential, the following qualifications are highly desirable:
- Strong knowledge of non-QM loan products and underwriting guidelines
- Experience with manual underwriting and analysis of complex financial data
- Familiarity with Encompass loan origination system and other relevant software
- Proven track record of meeting productivity standards and deadlines
- Excellent analytical and problem-solving skills
Skills and Competencies
To excel in this role, you will need to possess the following skills and competencies:
- Strong analytical and problem-solving skills, with attention to detail and ability to analyze complex data
- Excellent communication and interpersonal skills, with ability to work effectively with team members and stakeholders
- Ability to work in a fast-paced environment, prioritizing tasks and meeting deadlines
- Strong knowledge of non-QM loan products and underwriting guidelines
- Familiarity with Encompass loan origination system and other relevant software
- Ability to maintain confidentiality and handle sensitive information with discretion
Career Growth Opportunities and Learning Benefits
At our company, we are committed to the growth and development of our employees. As a Non-Conforming Loan Underwriter, you will have access to:
- Ongoing training and professional development opportunities, to enhance your skills and knowledge in non-QM loan underwriting
- Mentorship and coaching from experienced team members, to support your career growth and development
- Opportunities for advancement and career progression, as you gain experience and demonstrate your capabilities
- A collaborative and dynamic work environment, where you can share ideas and best practices with colleagues
Work Environment and Company Culture
Our company culture is built on the values of integrity, excellence, and customer satisfaction. We believe in creating a work environment that is supportive, inclusive, and respectful, where employees can thrive and grow. As a Non-Conforming Loan Underwriter, you will be part of a team that is passionate about delivering exceptional results and making a positive impact on our clients' lives.
Compensation, Perks, and Benefits
We offer a competitive salary and a comprehensive benefits package, including:
- Competitive salary, based on experience and qualifications
- Comprehensive benefits package, including health, dental, and vision insurance
- 401(k) retirement plan, with company match
- Paid time off and holidays, to support work-life balance
- Opportunities for professional development and career growth, to enhance your skills and knowledge
Conclusion
If you are a motivated and experienced Non-Conforming Loan Underwriter, looking for a new challenge and opportunity to grow your career, we encourage you to apply for this exciting role. With our company, you will have the opportunity to work with a dynamic and supportive team, develop your skills and knowledge, and make a positive impact on our clients' lives. Don't miss out on this opportunity to join our team and take your career to the next level. Apply now and become a part of our success story!
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