Non-QM Mortgage Loan Underwriter

The mortgage underwriter is responsible for reviewing, evaluating and approving or denying residential mortgage loan applications with a focus on Non-QM loans. The Mortgage Underwriter should be able to create, update and negotiate Non-QM loan program underwriting guideline with aggregators and portfolio investors from the standpoint of overall credit risk.

• Evaluate residential mortgage loan applications, including borrower credit reports, income documentation, assets, and property appraisals, to determine the borrower's ability to repay the loan.
• Stay current on federal, state, and local mortgage regulations, including RESPA, TILA, ECOA, and HMDA, and ensure all loans comply with these regulations.
• Ensure conditions are satisfied in a timely manner. Underwrite more complex loan files, including those that involve higher risk, non-traditional income, or unusual property types, with a high degree of independence and accuracy.
• Conduct audits or second reviews of loans when necessary. Provide support to borrowers and team members by addressing questions or concerns related to the underwriting process.

• Bachelor's degree in Business, Finance, or a related field preferred.
• At least 3 years of experience in mortgage underwriting, with significant experience in residential Non-QM loan underwriting.
• Demonstrated experience working with automated underwriting systems (e.g., DU, LP, etc.) and manual underwriting processes.

• Experience with Encompass as LOS.
• Be able to handle a pipeline of 50-100 loans with max turn time of 48 hours.
• Be able to commute to office within one hour.
• Excellent analytical skills and attention to detail.
• Strong verbal and written communication skills.

• Health insurance
• Paid time off
• Vision insurance

• Encompass as LOS: 1 year (Required)
• Non-QN Mortgage Underwriting: 3 years (Required)