Non-QM Underwriter (Wholesale)

CrossCountry Mortgage, LLC

1d•$43 - $48

About The Position

The Non-QM Underwriter (Wholesale) is responsible for underwriting and maintaining a loan pipeline while communicating with internal loan teams and external lenders. The Non-QM Underwriter (Wholesale) maintains extensive product and guideline knowledge of all Non-QM lenders and assists loan teams and underwriting teams with questions and issue resolution.

Requirements

Bachelor’s degree and/or equivalent combination of education and experience.
4+ years of mortgage underwriting experience.
Experience with Non-QM and Non-Agency underwriting.
Experience with manual underwriting.
Experience with compliance and disclosure requirements.
Advanced prioritization, time management, and problem-solving skills, maintaining attention to detail.
Excellent communication skills.
Proficient in Microsoft Word, Excel, and Outlook.

Nice To Haves

Encompass LOS experience, a plus.

Responsibilities

Underwrite Non-QM and Non-Agency loan products, including but not limited to Bank Statement Income Analysis, Asset Depletion, DSCR No Ratio, Foreign National, and Self-Employment.
Maintain an underwriting pipeline of new loans and resubmissions that meet standard service level agreements.
Evaluate and examine loan files to ensure accuracy, completeness, and compliance with investor and agency guidelines.
Issue loan decisions to sales and operations staff in a clear and concise manner.
Communicate with operations, sales staff, business partners (lenders and investors), maintaining a high level of customer service.
Issue final approval by uploading all necessary approval documentation into the company’s software systems with appropriate signatures.
Collaborate with the Post-Closing department on any stipulations for closed files; communicate process and outcome to underwriters and management.
Perform other related duties as assigned by management.