Job Description

Job Description

Job Description

Our Company
theLender was created to make a difference. We aim to change the stagnant landscape of mortgage – one partnership, one loan, and one day at a time.

Our Mission
To foster a simplified, intuitive lending experience so that, together, we can deliver customer-centric solutions to help clients realize their dreams.

Position Summary

Reporting to the Underwriting Manager. the Non-QHEM Underwriter is responsible for underwriting non-agency/non-qm mortgage loans and performing credit analysis to ensure compliance with corporate/secondary market investor standards. The Non-QHEM Underwriter will be responsible for examining loan documentation, reviewing for accuracy and completeness, as well as finding solutions and rendering underwriting decisions for loans originated through wholesale our channel and subsequent clearing of conditions to ensure product guidelines are met.

Essential Functions

• Be a primary point of contact as a subject matter expert assisting the salesforce in structuring eligible loans with the Company’s third-party originators.
• Interpret and provide appropriate loan solutions for Non-QM/Non-Agency loan requests
• Analyze borrower’s credit file, collateral and capacity to ensure credit-worthiness
• Perform manual underwriting review to ensure loan meets all product and property guidelines of Company and investors, as well as compliance with corporate and secondary market investor standards.
• Underwrite Non-Agency/Non-QM correspondent, wholesale/broker loans in a timely manner to ensure loan meets all product and property guidelines of Company and investors, as well as meeting all established loan policies, credit limits and regulatory requirements.
• Clear conditions timely on loans; affirm data integrity on all submissions.
• Identify potential misrepresentation or fraud.
• Keep up-to-date with all guideline changes and system enhancements.
• Adhere to general work requirements
• Work with internal and external partners to clear conditions in a timely manner
• Make moderately complex loan decisions based on the overall worthiness of the borrower, layering of risk and all program requirements and issue loan approvals, suspensions, counter offers or denials
• Identify quality concerns and red flags and validate accuracy of associated risk to the borrower or property/collateral profile
• Communicate decisions (written and verbal) to all parties (specifically brokers and sales partners as appropriate) and build relationships with both internal and external partners
• Perform other duties as assigned

General Skill

• Strong analytical skills
• Good verbal and written communication skills
• Ability to provide outstanding customer service in fast-paced environment
• Proficient working knowledge of computerized applications such as word processing, spreadsheet, database, presentation software, email and specialized business applications software
• Presentation skills necessary to effectively communicate, update, persuade and/or facilitate discussions with all levels of management
• Interpersonal skills necessary to establish and maintain effective working relationships with coworkers, other business areas and government agencies as required
• Planning and organizational skills necessary to coordinate workload around multiple assignments

Minimum Qualifications

• 3-5 years underwriting Non-QM loans including DSCR, bank statement & P&L loan programs
• FHA & VA experience desirable but not required
• Expert with Encompass

Job Type: Full-time

Salary: $80,000.00 - $110,000.00 per year

Experience:

• relevant: 3 years (Required)

Application Question:

• Salary Requirements

Additional Compensation:

• Bonuses

Work Location:

• Fully Remote

Benefits:

• Health insurance
• Dental insurance
• Vision insurance
• Retirement plan
• Paid time off
• Work from home

This Job Is:

• Open to applicants who do not have a college diploma

Schedule:

• Monday to Friday
• Overtime

Company's website:

Benefit Conditions:

• Waiting period may apply
• Only full-time employees eligible

Work Remotely:

Yes

Job Type: Full-time

Benefits:

• 401(k)
• Dental insurance
• Employee assistance program
• Employee discount
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Referral program
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Experience:

• Encompass: 1 year (Required)
• NON QM: 3 years (Required)

Work Location: Remote

Our Company
theLender was created to make a difference. As a group of proven industry leaders who founded one of the largest and fastest growing Wholesale mortgage companies in the United States, we aim to change the stagnant landscape of Wholesale mortgage – one partnership, one loan, and one day at a time.

Company Description

Our Company\r\ntheLender was created to make a difference. As a group of proven industry leaders who founded one of the largest and fastest growing Wholesale mortgage companies in the United States, we aim to change the stagnant landscape of Wholesale mortgage – one partnership, one loan, and one day at a time.

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