Non-QM Underwriter

Responsibilities

• Liaises among borrowers, investors and escrow companies to communicate decisions on loans.
• Evaluates the entire credit package and collateral for residential mortgage loans and ultimately ensures an “investment” quality loan product.
• Checks accuracy of all calculations and data integrity.
• Completes all required underwriting worksheets found in FastTrac 360 Resource Center.
• Recommends the loan disposition to underwriting manager for loan amounts in excess of authority limitation.
• Maintains company standard for productivity level and complies with company policy of 48 hour underwriting turnaround time and 24 hour turnaround time for clearing conditions.
• Strives to meet 2 decisions/day within allotted time.
• Communicates decision on loans to appropriate parties both verbally and in writing.
• Maintains underwriting activity logs and provides monthly underwriting report to underwriting manager.
• Frontline underwriting of non-QM loan products.
• Performs a thorough analysis of the applicant's income and expense data, asset documentation, credit reports, and property valuations.
• Executes an appraisal analysis to determine that acceptable collateral standards are met.
• Responds to post closing reviews and audits in a timely fashion.
• Performs related duties, as directed by Underwriting or Operations Manager.

Qualifications

• Minimum five years of recent NON-QM mortgage underwriting experience, with solid working knowledge of underwriting guidelines to include FNMA, FHLMC, and NON-QM Investors.
• Ability to review & calculate complex personal and/or business financials and tax profiles.
• Excellent written and verbal communication.
• Experience working in a fast-paced team environment.
• Encompass loan origination system experience required 5+ years.

Skills

• Strong interpersonal-communication and business-relationship skills.
• Detail oriented.
• Excellent written and verbal communication skills.
• Tech proficient in MS Windows software.

Benefits

• PRMG offers a comprehensive benefits package for our full-time employees and their dependents, which includes medical, dental, vision, life insurance, short-term disability, long-term disability, a Health Savings Account (HSA), a Flexible Spending Account (FSA), and various other products, based on benefits eligibility, elections, and employee premiums.
• Upon hire, you will be eligible to enroll in all our company-sponsored benefit programs (Medical, Dental, Life, and Voluntary) on the first of the following month.
• After completing 60 days, you will be eligible to enroll in our 401(k) program on the first of the following month.

Pay

Min USD $25.00/Hr. Max USD $35.00/Hr.