Contract Due Diligence Underwriter: Precision & Compliance

Maxwell; United States; Remote; USD 100,000 - 150,000; Part time

Job summary

Maxwell is seeking a Contract Due Diligence Underwriter to review multi-state Non-QM, Conventional, Jumbo, Government, Correspondent, and business purpose loan packages. You will protect loan integrity by verifying documents, evaluating investor guidelines, and analyzing income to ensure repayment ability.

Ideal candidates have 5+ years in underwriting, strong LauraMac experience, and solid QC background. This is a contract, per-file role with a fast-paced mortgage environment and continuous

Qualifications

• Strong working knowledge and experience in the LauraMac Due Diligence software system.

Responsibilities

• Review mortgage loan files to ensure the accuracy of the information and verify the presence of all required documents
• Perform due diligence review of the residential mortgage loan application and documentation as submitted to ensure loans meet specific investor/product guidelines and AUS requirements as applicable
• Analyze borrower's credit profile, collateral, and capacity to repay the proposed mortgage obligation, including accurately calculating income and ensuring the borrower's ability to repay
• Properly calculate and analyze loan-to-value ratios and debt carried
• Analyze purchase contracts, title commitments, and other loan-pertinent documentation
• Enter review results into the company's proprietary software
• Execute risk analysis and make decisions regarding deficiencies identified during the review process, recommending resolution
• Stay current on all agency, state, and multiple investor guidelines
• Participate in ongoing training as the industry evolves
• Manage time efficiently and prioritize workloads to meet minimum daily production goals
• Clear QA feedback and perform within department audit standards
• Adhere to the company's Core Values
• Other duties as assigned by manager

Skills

LauraMac Due Diligence

Underwriting

Quality Control

Due Diligence

Non-QM

DSCR loans

Income calculation

Analytical skills

Communication skills

Pipeline management

Tools

LauraMac

Job description

Maxwell is seeking a Contract Due Diligence Underwriter to review multi-state Non-QM, Conventional, Jumbo, Government, Correspondent, and business purpose loan packages. You will protect loan integrity by verifying documents, evaluating investor guidelines, and analyzing income to ensure repayment ability.

Ideal candidates have 5+ years in underwriting, strong LauraMac experience, and solid QC background. This is a contract, per-file role with a fast-paced mortgage environment and continuous