Remote Non-QM Loan Underwriter

National Mortgage Staffing; Tampa (FL); Remote; USD 80,000 - 100,000; Full time

Job summary

An established industry player seeks a skilled In-Office Non-QM Underwriter to evaluate and underwrite complex non-qualified mortgage loan applications. In this pivotal role, you will leverage your expertise in various non-QM loan products such as Bank Statement and DSCR loans, ensuring compliance with underwriting guidelines and regulatory requirements. Your contributions will directly impact the efficiency and accuracy of the underwriting process while providing guidance to junior team members. Join a dynamic team committed to excellence in the mortgage industry and make a significant difference in the lives of clients seeking non-QM loans.

Qualifications

• 3+ years of experience in underwriting Non-QM loans.
• Strong knowledge of Bank Statement, DSCR, and Asset Depletion products.

Responsibilities

• Review and analyze loan files, ensuring compliance and accuracy.
• Underwrite and approve or deny loan applications based on guidelines.

Skills

Underwriting Non-QM loans

Bank Statement loans

DSCR loans

Asset Depletion loans

Communication skills

Problem-solving skills

Job description

Position Summary:
As an In-Office Non-QM Underwriter, you will be responsible for evaluating and underwriting complex non-qualified mortgage (Non-QM) loan applications. This position requires expertise in various non-QM loan products, including but not limited to Bank Statement, DSCR (Debt Service Coverage Ratio), Foreign National, ITIN and Asset Depletion loans. Your role will ensure compliance with all underwriting guidelines and regulatory requirements while maintaining a high level of service and accuracy.

Key Responsibilities:

• Review and analyze loan files, including income documentation, credit reports, and asset verification for Bank Statement, DSCR, and Asset Depletion loans.
• Underwrite and approve or deny loan applications based on the company’s guidelines, policies, and regulatory requirements.
• Communicate with loan officers, processors, and other stakeholders to obtain necessary documentation and resolve any issues.
• Ensure loan files are complete, accurate, and compliant before final approval or denial.
• Stay current with industry regulations, guidelines, and best practices regarding Non-QM loan products.
• Provide guidance and support to junior underwriters and other team members as needed.
• Maintain a high level of productivity and quality assurance while meeting deadlines.

Requirements:

• Minimum of 3+ years of experience in underwriting Non-QM loans.
• Strong knowledge and experience with Bank Statement, DSCR, and Asset Depletion products.
• Deep understanding of underwriting guidelines, regulations, and compliance standards related to Non-QM loans.
• Proven ability to handle a high volume of loan files while maintaining accuracy and attention to detail.
• Excellent communication skills, both written and verbal.
• Ability to work independently and as part of a collaborative team.
• Strong organizational and problem-solving skills.
• Candidate can reside in any state but California, must work in Eastern or Central Time zone hours.

Salary: 80-100k