Non-QM Underwriter

Dream Finders Homes; Orlando (FL); Hybrid; USD 70,000 - 90,000; Full time

Benefits offered by this job

Health Insurance

Vacation & Holidays

401(k) with company match

Wellness program

Home Purchase Discount

Pet Insurance

Job summary

Jet HomeLoans, LP is seeking a Non-QM Underwriter to handle underwriting of complex non-qualified mortgage loans, including bank-statement and alternative-income programs. You will ensure salable loans, stay updated with investor guidelines, and collaborate across sales, processing, underwriting, and compliance teams.

The role requires 3–5 years of Non-QM underwriting experience, strong knowledge of guidelines, and precise documentation analysis.

Qualifications

• 3-5 years hands-on Non-QM mortgage underwriting experience.
• Strong knowledge of Non-QM investor guidelines, bank-statement programs and alternative income documentation.
• Experience evaluating complex borrower scenarios and independent underwriting decisions within guidelines.
• Deep knowledge of federal and state laws (TRID, TILA, ECOA, HMDA).
• Able to navigate loan origination software and related technologies.

Responsibilities

• Underwrite Non-QM loans, including bank-statement and alternative-income programs, with potential support for Conventional loans as needed.
• Ensure loans approved are salable and conform to investor/insurer guidelines.
• Keep up-to-date with investor/insurer guidelines and programs.
• Adhere to company policies and procedures.
• Analyze borrower income, assets and credit/liabilities documentation.
• Calculate income types using traditional and alternative documentation.
• Ensure pipeline closings occur timely.
• Meet KPI and KRI targets.
• Resolve complex loan issues and communicate with sales and processing teams.

Skills

Non-QM underwriting

Bank-statement programs

Independent underwriting decisions

Federal/state laws TRID TILA ECOA HMDA

Loan documents interpretation

Mathematical calculations

Mortgage software proficiency

Effective written communication

Pressure/time management

Tools

Encompass LOS

Mortgage software

Job description

Jet HomeLoans, LP is a National Mortgage Lender headquartered in Jacksonville, Florida. Jet HomeLoans focuses on providing its customers and business partners with the industry's best services.

Position Overview

A Non-QM Underwriter is responsible for underwriting complex non-qualified mortgage loan applications and managing an assigned loan pipeline. Additionally, a person in this position is responsible for:

• Underwriting Non-QM loans, including bank-statement and other alternative-documentation programs, with the ability to support Conventional (Fannie Mae/Freddie Mac) loans as business needs require.
• Ensuring loans approved are salable and conform to applicable investor and insurer guidelines.
• Keeping up with the most recent investor and insurer guidelines/programs.
• Adhering to company policies and procedures.
• Analyzing borrower income, including complex self-employed income, assets and credit/liabilities documentation.
• Calculating simple and complex income types using traditional and alternative documentation.
• Ensuring loans within the assigned pipeline close timely.
• Ensuring assigned company Key Risk Indicator (KRI) and Key Performance Indicator (KPI) metrics are met.
• Reviewing and solving complex loan issues.
• Developing and cultivating great working relationships with sales, processing, underwriting, closing, secondary and compliance teams and leaders.
• Researching and responding timely to internal Quality Assurance and Quality Control reviews.
• Reporting material process and policy infractions/gaps to Underwriting Leadership.
• A Non-QM Underwriter reports directly to an Underwriting Manager.

Required Experience

• 3-5 years of hands-on Non-QM mortgage underwriting experience.
• Strong working knowledge of Non-QM investor guidelines, bank-statement programs and alternative income documentation.
• Experience evaluating complex borrower scenarios and making independent underwriting decisions within established guidelines and approval authority.
• Deep knowledge of federal and state laws (e.g., TRID, TILA, ECOA and HMDA).
• Sound technical skills with the aptitude to learn/navigate loan origination software and other technologies.
• Able to write correspondence and to effectively present information to peers, borrowers and in some cases clients.
• Able to read and interpret various loan documents such as promissory notes, agency/investor and legal directives and other loan documents.
• Able to define problems, collect data, establish facts and provide information to resolve the situation.
• Able to work well under pressure and meet multiple and sometimes competing deadlines.
• Able to apply basic math; calculate figures and amounts such as discounts, interest, commissions and percentages.
• Basic computer skills required: word processing, email, and mortgage software.

Preferred Experience

• Conventional/QM underwriting experience and working knowledge of FNMA and FHLMC guidelines.
• Jumbo underwriting experience.
• Builder-affiliated mortgage lending experience.
• 2-3 years of Encompass Loan Origination System experience.
• Microsoft Excel proficiency.

Expectations

• Facilitate an excellent working relationship with internal and external customers by developing and maintaining respect, communicating effectively and providing excellent customer service.
• Maintain a high level of integrity, confidentiality, and trust.
• Effectively problem solve by using judgment based upon knowledge of existing management policies and departmental practices and procedures.
• Meet established productivity, loan quality and task management standards.
• Ensure confidentiality of client records.
• Demonstrate a commitment to the Company Culture.
• Respond to phone calls and emails within the same workday.

Workplace Requirements

• Able to navigate a standard office environment (remotely and/or in office).

#jethomeloans #mortgagejobs #newhomesales

Location

8529 Southpark Circle Suite 130 , Orlando , FL 32819 , United States

Compensation

n/a

Benefits

• Health Insurance - Medical, Dental & Vision
• Vacation & Holidays -- generous PTO & 11 holidays
• 401(k) Savings Plan with company match
• Employee Wellness and Employee Assistance Programs
• Home Purchase Discount for Associates
• Pet Insurance