Non-QM Underwriter

NightOwl Consulting Philippines Inc.; Philippines; On-site; PHP 893,000 - 1,339,000; Full time

Benefits offered by this job

Above market salary

HMO on Day 1 for principal and two-dep

Government-mandated benefits

Performance-based Incentives

Quarterly Company Events

In-depth training for career growth

Great Company Culture and HRexperience

1,000 PHP De Minimis

Equipment and software provided

Job summary

NightOwl Consulting Philippines Inc. is seeking a Non-QM Underwriter for our Back Office team.

You will review mortgage applications, analyze non-QM documentation, and make underwriting decisions in line with guidelines to support borrowers who don’t meet traditional standards. The ideal candidate has at least 4 years of mortgage underwriting experience with non-QM product expertise, strong analytical skills, and proficiency in mortgage software.

Qualifications

• Minimum of 4 years mortgage underwriting experience with non-QM expertise.
• Thorough knowledge of mortgage lending guidelines, including non-QM product types and alternative documentation methods.
• Proficiency in mortgage software systems and Microsoft Office Suite.

Responsibilities

• Review loan applications to determine eligibility for non-QM loans.
• Analyze complex financial information, including alternative documentation types.
• Assess risk and make underwriting decisions in accordance with guidelines.
• Collaborate with loan officers, processors to obtain necessary documentation.
• Maintain understanding of non-QM products and stay updated on regulations.
• Ensure timely processing of loan files to meet closing deadlines.
• Provide feedback on loan conditions and resolve issues with internal teams.
• Assist in developing underwriting policies for non-QM products.
• Deliver exceptional customer service by responding promptly to inquiries.

Skills

Analytical skills

Attention to detail

Communication skills

Ability to work under pressure

Decision making

Education

Bachelor’s degree in finance, business, or a related field

Tools

Mortgage software

Microsoft Office

Job description

Department: NightOwl Internal

Location: Back Office

Compensation: ₱80,000 - ₱120,000 / month

Description

Must have at least [4] years of mortgage underwriting experience, including specific expertise in non-QM loan products. We are looking for an experienced Non-QM (Non-Qualified Mortgage) Underwriter to join our dynamic team. The ideal candidate will have in-depth knowledge of underwriting non-QM loans, ensuring compliance with company guidelines and industry regulations while supporting the needs of borrowers who do not meet traditional mortgage standards. This role requires a detail-oriented professional with the ability to assess complex income documentation, analyze risk, and make informed underwriting decisions.

Key Responsibilities

• Review and evaluate loan applications, including credit, income, assets, and property details, to determine borrower eligibility for non-QM loans.
• Analyze complex financial information, including alternative documentation types (e.g., bank statements, asset depletion, and debt service coverage).
• Assess risk and make sound underwriting decisions in accordance with company guidelines and applicable regulations.
• Work collaboratively with loan officers, processors, and other team members to obtain additional information or documentation needed for underwriting.
• Maintain a comprehensive understanding of non-QM lending products and stay updated on industry trends and changes in regulations.
• Ensure timely and efficient processing of loan files to meet closing deadlines.
• Provide clear and accurate feedback on loan conditions and communicate effectively with internal teams to resolve any outstanding issues.
• Assist in developing and updating underwriting policies and procedures specific to non-QM products.
• Deliver exceptional customer service by responding promptly to inquiries and providing expert guidance.

Skills, Knowledge and Expertise

• Bachelor’s degree in finance, business, or a related field preferred.
• Minimum of [4] years of mortgage underwriting experience, with specific expertise in non-QM loan products.
• Thorough knowledge of mortgage lending guidelines, including non-QM product types and alternative documentation methods.
• Strong analytical skills and attention to detail.
• Proficiency in mortgage software systems and Microsoft Office Suite.
• Ability to work efficiently under pressure and manage multiple files simultaneously.
• Strong verbal and written communication skills.
• Proven problem-solving capabilities and the ability to make decisions with confidence.

Benefits

• Above market salary
• HMO on Day 1 for principal and two dependents
• Government-mandated benefits
• Performance-based Incentives
• Quarterly Company Events
• In-depth training for career growth
• Great Company Culture and HR experience
• 1,000 PHP De Minimis
• Equipment and software provided