Jumbo/ Non-QM Underwriter

About the role

The Jumbo/Non-QM Underwriter position at Atlantic Coast Mortgage involves underwriting loans with a focus on Jumbo and Non-QM products. This role requires manual underwriting and evaluating loans to ensure compliance with company and investor standards.

Responsibilities

• Underwrites Jumbo and Non-QM loans, FHA/VA, and Conventional loan applications
• Maintain ACM mandated turn times for new reviews and conditions
• Analyze mortgage loan files for compliance with company policies and federal regulations
• Evaluate loan attributes and documentation for soundness and accuracy
• Determine loan amounts based on meeting all underwriting criteria
• Support Loan Officers during the qualification process and for turndown decisions
• Provide support to Loan Officers and Processors regarding loan files and underwriting guidelines
• Ensure timely review and follow-up steps to meet customer expectations
• Stay updated on investor and regulatory policies affecting mortgage underwriting
• Communicate outstanding requirements and loan application statuses to team members and management
• Analyze appraisals, including FHA, VA, and Portfolio Jumbo, and review fee appraiser reports
• Determine property values and address any necessary conditions for VA guaranty
• Manage multiple transactions simultaneously under tight time pressure
• Work in a deal-driven environment
• Manage operational responsibilities related to the purchase and transfer of whole loan assets
• Negotiate issues and resolve problems
• Communicate effectively through verbal and written means
• Establish and maintain working relationships with colleagues, staff, and external contacts
• Work in a fast-paced environment

Qualifications

• FHA DE Designation (CHUMS#) and VA SAR/LAP (not required)
• USDA/VHDA experience (plus)
• A minimum of 5 years Underwriting experience
• Experience with Fannie Mae Desktop Underwriter and Freddie Mac Loan Prospector
• Thorough knowledge of all federal and state guidelines
• Strong organizational skills and attention to detail
• Proficient in Microsoft Office
• Strong sense of urgency to meet deadlines