Non-QM Underwriter; Mountain​/Pacific time zone

Arc Home is adding Non-QM Underwriters to our team, working mountain or pacific time zone business hours, regardless of their physical location within the United States. Priority will be given to candidates who live in Mountain or Pacific time zone.

If you've been a Mortgage Underwriter for at least 3 years and have some basic experience with Non-QM products, this is a great opportunity to grow your career in the Non-QM space, which involves manual underwriting. Prior experience in Wholesale or Non-Delegated Correspondent channels would certainly set you apart. We’re looking for someone with strong organizational, time-management, and communication skills, who can complete detail-oriented work quickly and accurately, while managing multiple priorities in a fast-paced, deadline-driven environment.

In addition to the base pay listed, the commission plan for the Non-QM Underwriter role pays out based on final decision, not per file, so there is great upside potential for strong performers!

The Non-QM Underwriter is responsible for underwriting Non-Agency/Non-QM mortgage loans and performing credit analysis to ensure compliance with corporate and secondary market investor standards.

• Manually underwrite Non-Agency/Non-QM correspondent, wholesale/broker and retail 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.
• Analyze borrower’s credit file, collateral and capacity to ensure creditworthiness.
• Conduct thorough risk assessments to identify potential issues or red flags.
• Issue loan decisions to our business partners in a clear and concise manner.
• Maintain production goals & standards in accordance with established KPIs and production metrics.
• Additional responsibilities as management sees fit.
• Be the subject matter expert (SME) in structuring Non-QM loans for the Company’s third-party originators and internal salesforce.
• Clear conditions timely on loans; affirm data integrity on all submissions.
• Identify and escalation to management any suspected or actual misrepresentation or fraud perpetrated by the prospective borrower, Loan Officer or third-party originator.
• Enter and maintain copious documentation of each case file within the Company’s LOS pertaining to the eligibility of the loan, including compensating factors, scenario desk results, fully completed Loan Transmittals (1008), system notes and accurate data entry.
• Keep up to date with all guideline changes and system enhancements.
• Perform such other tasks as may be assigned by your manager and/or senior management.

• High attention to detail and effective problem-solving skills.
• Ability to work independently, with minimal supervision and action as needed to complete a loan file.
• Ability to multitask in a high-volume environment.
• Excellent written and oral communication skills.
• Continuous focus on the customer experience.
• Willingness to directly communicate with broker / correspondent clients regarding underwriting results and the disposition of loans.

• Minimum of 3 years mortgage underwriting experience.
• 1+ year of exposure to the following programs:
  Bank statement, P&L, 1099, DSCR.
• Experience in either Wholesale or Non-Delegated Correspondent channels preferred.
• FHA and VA underwriting experience is desirable.
• Working knowledge of Ocrolus is a plus.

At Arc Home, we prioritize life-work balance, ensuring our team members feel supported both personally and professionally.

• Comprehensive
  
  Health Benefits:
  
  We offer competitive health, dental, and vision plans, as well as life and disability insurances. Additional supplemental insurance options are also available. Eligibility starts the 1st of the month after your start date.
• Paid Time Off (PTO): PTO starts accruing from your first day of employment, allowing you to take the time you need. We also observe 10 paid holidays annually.
• 401(k) Retirement Savings Plan:
  We provide a Safe Harbor 401(k) plan with a generous company match to help you build a secure financial future. You can choose between Traditional and…