Underwriter, Wholesale, Specialty Products

Carrington Holding Company; Anaheim (CA); Remote; USD 90,000 - 120,000; Full time

Job summary

Join a leading company as a Wholesale Underwriter for Non-Agency Products. Work remotely and utilize your expertise in mortgage underwriting to make sound credit decisions. Enjoy competitive pay and a comprehensive benefits package, including healthcare, 401(k) matching, and educational reimbursement.

Benefits

Comprehensive healthcare plans

401(k) match of 50% on first 4%

Discounts on fitness, dining, retail

Customized training programs

Employee referral bonuses

Educational reimbursement

Qualifications

• 5+ years of mortgage underwriting experience.
• Experience underwriting Non-Agency or Non-QM loans.

Responsibilities

• Underwrite loans in accordance with company and investor guidelines.
• Perform detailed analysis of collateral to ensure compliance.
• Communicate with clients and teams to resolve issues.

Skills

Organizational Skills

Credit Analysis

Risk Identification

Tools

Loan Origination Systems

DU

LP

Job description

Come join our amazing team and work remotely!

We are hiring Underwriters for our Non-Agency Products - NO DE REQUIRED!

The Wholesale Underwriter will underwrite loans in accordance with company and investor guidelines, following company policies and procedures under general supervision. Our loan products offer extremely competitive rates and terms — the best in the industry. The underwriter makes sound decisions and ensures all decisions meet legal and policy requirements. All duties are performed in accordance with company policies, US state and federal laws and regulations. The target pay range for this position is $90,000 to $120,000 + monthly incentive plan.

What you'll do:

• Thorough knowledge of Non-Agency or NON-QM mortgage loan underwriting.
• Maintain highly confidential information concerning loan applicants.
• Require high organizational skills and ability to work on several tasks simultaneously.
• Perform detailed analysis of collateral to ensure property meets investor guidelines and appraisal quality is acceptable.
• Apply and interpret company underwriting guidelines to make sound credit decisions.
• Complete credit analysis, income analysis, property analysis, and verify consistency of loan file information.
• Identify risk factors and utilize resources to detect red flags and resolve inconsistencies.
• Review and evaluate credit information on mortgage loan documents for acceptability.
• Determine conditions, stipulations, or pre-funding requirements.
• Review and clear underwriting conditions and requirements.
• Communicate with clients, sales, and operations teams to resolve issues.

What you'll need:

• 5+ years of mortgage underwriting experience.
• Experience underwriting Non-Agency or Non-QM loans.
• Experience with paperless Loan Origination Systems preferred.
• Experience with DU and LP required.
• Experience working in a paperless environment preferred.

Our Company:

Carrington Mortgage Services - Wholesale Lending, part of The Carrington Companies, provides access to government and conventional loan programs, low credit score home financing, and low down payment options. Join our talented team as we transform residential real estate. Visit www.carringtonwholesale.com to learn more.

Value proposition of joining the team:

• Increased earning capacity with access to 48 states.
• Faster, more efficient marketing inside the operation.
• Superior service levels with inside presence ensuring efficient loan processing.
• Professional account managers partnering with you and your brokers.
• Base pay plus industry-leading commissions.
• Opportunity to take over existing accounts.

What We Offer:

• Comprehensive healthcare plans for you and your family, plus a discretionary 401(k) match of 50% on the first 4% contributed.
• Access to discounts on fitness, dining, retail, and more through our employee portal.
• Customized training programs for career advancement.
• Employee referral bonuses.
• Educational reimbursement.
• Support from the Carrington Charitable Foundation, contributing to community causes. Visit carringtoncf.org for more information.