Mortgage Underwriter

Ark Mortgage Inc•Montebello, NY

8d•$110,000 - $125,000

About The Position

Ark Mortgage is seeking an experienced and detail-oriented Mortgage Underwriter to join our dynamic team. The ideal candidate will have a strong background in underwriting both conventional and non-qualified mortgage products, such as DSCR loans, bank statement loans, jumbo loans, and more. As a key part of our operations, you will ensure loan applications meet company guidelines, industry standards, and regulatory requirements while maintaining excellent internal customer service throughout the process.

Requirements

Minimum 3-5 years of mortgage underwriting experience with both conventional and Non-QM products.
Extensive experience with underwriting DSCR loans, bank statement loans, jumbo loans, and other Non-QM loan products.
Thorough understanding of FNMA/FHLMC guidelines, and federal mortgage regulations.
Strong analytical skills with the ability to assess risk and make sound decisions based on company guidelines and borrower qualifications.
Detail-oriented with the ability to manage multiple tasks and meet deadlines in a fast-paced environment.
Excellent communication and interpersonal skills, with the ability to work well in a team-oriented environment.
Proficiency with mortgage underwriting software and tools.
Must be able to work between the hours of 9AM-6PM EST

Nice To Haves

Certification as a Direct Endorsement (DE) Underwriter is a plus.

Responsibilities

Review and underwrite conventional and Non-QM mortgage loan applications, including but not limited to DSCR, bank statement, and jumbo loans.
Analyze credit, income, assets, and collateral documentation to assess borrower qualifications and adherence to underwriting guidelines.
Evaluate risk, identify potential fraud, and ensure compliance with applicable federal and state regulations.
Collaborate with Loan Officers, Processors, and other team members to resolve underwriting questions and issues.
Provide clear, concise underwriting conditions and communicate decisions to relevant stakeholders.
Stay updated on mortgage underwriting trends, product guidelines, and changes in regulatory requirements.
Maintain underwriting pipeline within established timelines to ensure timely loan decisions.
Work with management on more complex loan scenarios and participate in underwriting reviews and audits as needed.