Non-QM Junior Underwriter

NQM Funding•Boca Raton, FL

17h•Remote

About The Position

NQM Funding, LLC, a top secondary market investor in the Non-QM space, is seeking a Non-QM Junior Underwriter for their TPO Underwriting Department. This is an all-remote position requiring a minimum download speed of 100 MBPS. The role involves assisting the underwriting team by reviewing conditions and completing clear-to-close reviews on loans, ensuring adherence to guidelines, company policies, and compliance standards. The Junior Underwriter will work with various departments and external partners, maintain productivity standards, and respond to audits. The company offers a dynamic environment with opportunities for career growth in Non-QM lending.

Requirements

3+ years prior mortgage experience
2+ years processing or junior underwriting experience
Math and critical thinking skills
Financial analysis
Strong Communication skills
Ability to adapt to technology
Working knowledge of Microsoft office
Ability to meet deadlines
ALL REMOTE POSITIONS REQUIRE A DOWNLOAD SPEED OF NO LESS THAN 100 MBPS.

Nice To Haves

Non-QM underwriting experience preferred
Bachelor’s Degree preferred

Responsibilities

Review and clear underwriting conditions to ensure documents provided meet the guideline requirements.
Update LOS based on documents received and ensure the doc imaging system is properly updated.
Print final loan documents into the file as required.
Complete Checklist while reviewing loans for clear to close.
Ensure all requirements have been satisfied prior to issuing the clear to close.
Work with closing department to resolve discrepancies between final loan approval and closing terms (i.e. PITIA, cash to close, seller credits, etc.).
Review and clear post-closing underwriting conditions to allow for timely funding or purchasing of loans.
Ensure once all information is gathered that it is accurate, compliance standards are met, and the decision is in line with company policies and guidelines.
Communicate effectively with sales, business partners (Brokers/NDC Clients), and internal team members.
Maintain company productivity, service level and turn-time standards.
Respond to audits and post-closing issues in a timely manner.
Maintain working knowledge of Non-QM, TPO and/or NDC guidelines and policies.
Performs other related duties as assigned.