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Non-QM Underwriter, East

Tampa, FL 33604

Posted: 09/19/2024 Employment Type: Direct Hire Industry: Professional Services Job Number: 8066 Pay Rate: 95,000

Job Description


Non-QM Underwriter

 

Location: Florida (Remote)

Employment Type: Direct Hire

Openings: 3 positions available CST/EST

Salary: $95k - $115k (some flexibility for strong candidates)

Bonus: Available (details pending)

Time Zones: CST/EST

 

Job Description:

We are seeking experienced Non-QM Underwriters to underwrite Non-QM and non-conforming jumbo loans. The ideal candidate will have in-depth knowledge of non-QM products and will be responsible for ensuring loans comply with company and investor guidelines.

 

Key Responsibilities:
  • Manage individual pipeline by completing underwriting reviews and tasks within established timeframes.
  • Review borrower profiles, including credit reports, income documentation, assets, and complex business returns.
  • Communicate with processing and sales teams to provide updates, clarification on outstanding conditions, and assistance with interpreting underwriting guidelines.
  • Perform appraisal analysis to ensure collateral standards are met.

 

Requirements:
  • 4+ years of underwriting experience with a minimum of 3 years in Non-QM.
  • Experience with Non-QM and Non-Agency loan products (e.g., Bank Statement Income Analysis, DSCR, Foreign National, Self-Employment).
  • Ability to review complex financials and tax profiles.
  • Proficiency with mortgage credit analysis and Encompass.
  • Strong organization, communication, and analytical skills.

 

Production Expectations: 2 loans per day. Candidate should be prepared to process a full-service line including Bank Statement Income Analysis, Asset Depletion, DSCR No Ratio, Foreign National, and Self-Employment loans.

 

Selling Points:
  • The client has been in business since the 1950's, with a strong focus on Non-Agency products like DSCR, Bank Statement, Full-Doc Jumbo, and Asset Qualification loans.
  • Fully functional NON-QM lender with specialized desks for exceptions, condos, and scenarios.
  • Comprehensive benefits package, including Day 1 health benefits and 401k.

Meet Your Recruiter

Rachel Wiseman
Recruiter

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