Hybrid Non-QM Loan Underwriter

Position Summary

As a Non-QM Underwriter, you will be responsible for evaluating and underwriting complex non-qualified mortgage (Non-QM) loan applications. This position requires expertise in various non-QM loan products, including but not limited to Bank Statement, DSCR (Debt Service Coverage Ratio), and Asset Depletion loans. Your role will ensure compliance with all underwriting guidelines and regulatory requirements while maintaining a high level of service and accuracy.

Candidate must reside local to Los Angeles CA and be willing to work in office minimum of 2 days a week after 2 week in office training period

• Review and analyze loan files, including income documentation, credit reports, and asset verification for Bank Statement, DSCR, and Asset Depletion loans.
• Underwrite and approve or deny loan applications based on the company’s guidelines, policies, and regulatory requirements.
• Communicate with loan officers, processors, and other stakeholders to obtain necessary documentation and resolve any issues.
• Ensure loan files are complete, accurate, and compliant before final approval or denial.
• Stay current with industry regulations, guidelines, and best practices regarding Non-QM loan products.
• Provide guidance and support to junior underwriters and other team members as needed.
• Maintain a high level of productivity and quality assurance while meeting deadlines.

• Minimum of 3+ years of experience in underwriting Non-QM loans.
• Strong knowledge and experience with Bank Statement, DSCR, and Asset Depletion products.
• Experience Underwriting Non-QM roles within the last 6 months.
• Deep understanding of underwriting guidelines, regulations, and compliance standards related to Non-QM loans.
• Proven ability to handle a high volume of loan files while maintaining accuracy and attention to detail.
• Excellent communication skills, both written and verbal.
• Ability to work independently and as part of a collaborative team.
• Strong organizational and problem-solving skills.

Salary: 90-140k plus annual bonus- exempt

• Health insurance, dental, vision.
• 401k 50% match on the first 6% of contributions.
• PTO starts at 10 days a year + 11 company holidays per year.
• Sick time also offered.