Due Diligence Specialist

Deephaven Data Labs • Charlotte, NC

3d • $28 • Remote

About The Position

Deephaven Mortgage has been a pioneer and leader in non-QM since our origin in 2012. Our longevity and strength in the non-QM space has allowed a significant number of borrowers to achieve homeownership who otherwise would not have under traditional requirements. Deephaven champions mortgage borrowers whose independence, entrepreneurial drive and determination are often the very reason they cannot qualify for a traditional loan. We continuously and responsibly innovate new mortgage products and programs that put homeownership within reach of millions of borrowers and investors that need and deserve financing through lending ingenuity that is supported by common-sense underwriting. Deephaven is comprised of two lending platforms. Our wholesale channel offers loans through a network of over 1,000 independent mortgage brokers. Our correspondent channel buys loans from over 200 correspondent partners. Deephaven’s headquarters are in Charlotte, North Carolina. To learn more about our innovative loan solutions please visit www.deephavenmortgage.com or email us at [email protected]. Job Overview The Due Diligence Specialist is responsible for conducting in-depth analysis and validation of mortgage loan files to ensure they meet the lender’s guidelines and risk tolerance. This role involves reviewing borrower documentation, assessing creditworthiness, analyzing property appraisals, and ensuring compliance with regulatory requirements specific to NonQM lending. The Due Diligence Specialist plays a vital role in mitigating risks and safeguarding the company’s portfolio by identifying potential issues and ensuring that all loans align with internal and external standards. This role can be remote!

Requirements

• College degree or equivalent work experience
• 4 + years of mortgage related experience
• 2 + years of loan processing, closing or due diligence experience
• Strong organization and analytical skills with attention to detail
• Possess a thorough understanding of loan processing and closing procedures
• Excellent communication and time management skills
• Ability to be cross trained and handle multiple functions outside of normal job responsibilities and/or assist team members with other administrative tasks as needed
• Present self in professional manner and have ability to interact with all levels of organization and outside contacts
• Proficient in MS Office including Word and Excel
• Encompass knowledge preferred

Responsibilities

• Perform audits and compliance review of mortgage loans closed by mortgage origination companies prior to purchase to ensure Quality and adherence to our lending regulations and compliance requirements
• Signed closing documents are complete
• All conditions are received and cleared prior to purchase
• Make outbound calls to borrowers, brokers, title companies, AMCs and other vendors following up on the above items to prepare a loan to clear due diligence and be sold
• Partner with internal staff (i.e., Underwriter, Processor, Closer, Operations Management, etc.) of the mortgage origination companies and third-party vendors throughout the pre-close and post-close review process to clear purchase eligibility conditions
• Work with partners to obtain missing documents or to cure TRID violations
• Maintain updated appropriate Due Diligence procedures

Benefits

• Flexible Time to Recharge – Personalized Time Off for What Matters (because rest isn't one-size fits all)
• Future Finance Focused – Generous employer-matched 401(k) plan
• Community Connect– Philanthropy Committee that creates charitable initiatives
• Health from Day One – Comprehensive health insurance starting on day one of employment
• Family Matters – Competitive maternity and paternity leave
• Culture & Celebrations – Culture Committee with team-building events and celebrations
• Ideas Welcome – Encouraging thought leadership and innovation
• Guidance & Growth – Mentorship opportunities for career development
• Perk Up – Exclusive discounts on travel, tech, pets, legal, and more

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 101-250 employees