[Remote-Position] Remote Non-QM Underwriter

Key Job Details:

• Location: Remote
• Company: Pathremotenetwfh
• Position: Remote Non-qm Underwriter
• Compensation: a competitive salary
• Start Date: Immediate openings available

 

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Overview: Responsible for the prudent underwriting of Non-QM loans in accordance with company and investor guidelines. The duties for Non-QM Underwriter include, but are not limited to, those described below... Essential Job Functions: • Communication: Liaises among borrowers, investors and escrow companies to communicate decisions on loans. • Organization: Ensures loan files are complete with all outstanding issues addressed. • Equipment: Uses such office equipment as computer terminals, copiers and FAX machines. • Physical: Sits for extended time periods. Hearing and vision within normal ranges. Responsibilities: • Completes a thorough analysis of loan files to determine compliance with company and investor guidelines. • Evaluates the entire credit package and collateral for residential mortgage loans and ultimately ensures an “investment” quality loan product. • Checks accuracy of all calculations and data integrity. • Completion of all required underwriting worksheets found in FastTrac 360 Resource Center. • Recommends the loan disposition to underwriting manager for loan amounts in excess of authority limitation. • Maintains company standard for productivity level and complies with company policy of 48 hour underwriting turnaround time and 24 hour turnaround time for clearing conditions. • Strives to meet 2 decisions/day within allotted time. • Communicates decision on loans to appropriate parties both verbally and in writing. • Maintains underwriting activity logs and provides monthly underwriting report to underwriting manager. • Frontline underwriting of non-QM loan products. • Perform a thorough analysis of the applicant's income and expense data, asset documentation, credit reports, and property valuations. • Performing manual underwriting, requiring a detailed familiarity with various loan programs. • Executing an appraisal analysis to determine that acceptable collateral standards are met. • Additional related duties may be assigned, as required. • Available to processors for general guideline interpretations and questions on specific loan files. • Responds to post closing reviews and audits in a timely fashion. • Performs related duties, as directed by Underwriting or Operations Manager. Qualifications: • Minimum five years of recent NON-QM mortgage underwriting experience, with solid working knowledge of underwriting guidelines to include FNMA, FHLMC, and NON-QM Investors. • Ability to review & calculate complex personal and/or business financials and tax profiles. • Excellent written and verbal communication. • Experience working in a fast-paced team environment. • Encompass loan origination system experience required 5+ years Skills: • Strong interpersonal-communication and business-relationship skills • Detail oriented • Excellent written and verbal communication skills • Technologically proficient in MS Windows software Education: • High school diploma Travel: • None Min: USD $90,000.00/Yr. Max: USD $100,000.00/Yr Apply Job!

 

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