Underwriter, Wholesale, Specialty Products

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

Job summary

Join a leading company as a Wholesale Underwriter for Non-Agency Products, working remotely. As an Underwriter, you'll assess loan applications in line with company guidelines, ensuring compliance with legal standards while maintaining confidentiality. Benefit from comprehensive healthcare, a 401(k) match, and competitive pay with performance incentives.

Benefits

Comprehensive healthcare plans

401(k) match

Employee referral bonuses

Educational reimbursement

Community involvement opportunities

Qualifications

• 5+ years mortgage underwriting experience.
• Experience with Underwriting Non-Agency or Non-QM Loans.
• Experience with DU and LP required.

Responsibilities

• Underwrite loans in accordance with company guidelines.
• Perform credit and property analysis for loan approval.
• Communicate with clients and operations teams to resolve issues.

Skills

Organizational Skills

Analytical Skills

Confidentiality

Communication

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's policies and procedures under general supervision. Our loan product offers extremely competitive rates and terms - the best in the industry. The underwriter makes sound decisions, ensuring all 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 is $90,000 to $120,000 plus a 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 multiple tasks simultaneously.
• Perform analysis of collateral to ensure property meets investor guidelines, and appraisal quality and completeness are acceptable.
• Apply and interpret company underwriting guidelines and make sound credit decisions.
• Complete credit analysis, income analysis, property analysis, and verify loan file information for consistency.
• Identify risk factors, utilize resources and documentation to detect red flags, and clear inconsistencies.
• Review and evaluate credit information to determine acceptability for specific loan programs.
• 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 mortgage underwriting experience.
• Experience with Underwriting Non-Agency or Non-QM Loans.
• Experience with DU and LP required.
• Experience in a paperless environment preferred.

Our Company :

Carrington Mortgage Services - Wholesale Lending, part of The Carrington Companies, provides access to various loan programs, including low credit score and low down payment options. For more information, visit: www.carringtonwholesale.com.

Value Proposition :

• Increased earning capacity across 48 states.
• Faster, more efficient marketing inside the operation.
• Superior service levels with inside presence for each step.
• Professional account managers partnering with you and your brokers.
• Base pay plus an industry-leading commission plan.
• Opportunity to take over existing accounts.

What We Offer :

• Comprehensive healthcare plans and a discretionary 401(k) match.
• Discounts through our employee portal.
• Customized training programs for career advancement.
• Employee referral bonuses.
• Educational reimbursement.
• Community involvement through the Carrington Charitable Foundation.