Non QM Underwriter - Remote

Benchmark Mortgage • Plano, TX

1d • Remote

About The Position

The Wholesale Non-QM Underwriter reviews and underwrites Non-QM mortgage loan applications and property appraisals and evaluates the loans to minimize risk or loss within regulatory guidelines. Ideal candidates for this position will be experienced underwriting Non-QM loans, highly detail-oriented, and familiar with loan program guidelines.

Requirements

• Knowledge of regulatory requirements (RESPA, TILA, etc.)
• Strong communication skills
• Excellent organizational skills
• Highly detail-oriented
• Ability to work across organizational boundaries
• Strong decision making skills
• Advanced problem solving capabilities
• Strong critical thinking skills
• Proven ability to prioritize and multi-task
• Understanding of Non-QM products
• Minimum of five (5) years of mortgage underwriting experience required.
• Minimum of three (3) years of underwriting Non-QM loans with complex income analysis required.

Nice To Haves

• National bond program experience preferred.
• Some college preferred.

Responsibilities

• Analyze and underwrite Non-QM mortgage loans within compliance guidelines and approved seller variances.
• Manage loan conditions and provide recommendations for underwriting waiver and eligibility exceptions.
• Communicate with loan originators and processors regarding loan status, approvals, suspensions, denials, and conditions.
• Maintain a pipeline of loans adhering to posted service level agreements.
• Remain current on loan program requirements and review documents for compliance.
• Other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED