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Non-QM Underwriter

Posted about 2 hours ago
Description

WHO WE ARE

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. Intrigued? Say hello!

WHO YOU ARE

  • 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

WHAT YOU’LL BE DOING

  • 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

IDEALLY, YOU’LL HAVE

  • 5+ years in Non-QM underwriting
  • Experience with Non-QM loan origination systems and software
  • Knowledge of alternative income verification methods and asset utilization strategies

Compensation Range: $36.06/hr - $38.46/hr depending on experience.

WHAT WE OFFER YOU

Here, you get an opportunity to be a vital part of an agile team of thinkers and doers collaborating to change a multi-trillion dollar industry. We offer meaningful equity, a competitive salary, top-tier medical, dental, and vision insurance, flexible work hours, and vacation time.

Apply Now
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About PLACE Corporate Careers

Founded

2020 (about 6 years ago)

People

201-500 employees

Industry

Real Estate

Type

Privately Held

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