Sr. Underwriter - Non-QM & Jumbo

Lower • Remote-AZ, AZ

20h • Remote

About The Position

The Sr. Underwriter is responsible for analyzing, evaluating and verifying Non-QM and Jumbo mortgage loan applications and evaluating loans for approval or denial in order to maximize organizational profit. This position is vital to Lower by minimizing risk or loss to the company, and to ensure the loan file conforms to the credit and property guidelines of all federal agencies, private mortgage insurers and investors.

Requirements

• 3+ years of prior experience working as a Sr. Underwriter.
• 1+ year working primarily with Non-QM and/or Jumbo loans.
• Working knowledge of all current regulations governing mortgage lending.
• Working knowledge of investor and agency guidelines.
• Ability to use systems and software programs needed to conduct daily business.

Nice To Haves

• Encompass experience preferred.

Responsibilities

• Render approval/denial of mortgage loan applications consistent with current internal and external regulations and guidelines.
• Analyzes and evaluates creditworthiness of borrowers including but not limited to the review of financial statements, tax returns, asset statements, bank account statements, etc.
• Investigates and documents any anomalies in the credit file that may not have been addressed.
• Reviews and recommends approvals or denials for Jumbo and Non-QM loans. Additional loan types may also include government loans and conforming products.
• Issues loan conditions and required documentation to meet any investor, agency and/or regulatory requirements.
• Maintains current knowledge of internal and regulatory changes that affect the underwriting of mortgage loans.
• Provides guidance to loan processors on questions about various loan scenarios, documentation and guideline requirements.
• Provides and promotes exceptional customer service both internally and externally.
• Attendance, promptness, professionalism, the ability to pay attention to detail, cooperativeness with co-workers and management, and excellent customer service.
• Other duties or special projects as assigned.

Benefits

• Extended benefit offerings including medical/dental/vision, life insurance short- and long-term disability, and parental leave
• Paid holidays and paid time off
• 401K with company match
• Discounts on home mortgage refinances or purchase

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed