Non-QM Underwriter
| Company | Newrez |
|---|---|
| Location | Texas, USA, Florida, USA, Georgia, USA, Arizona, USA, Remote in Canada |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior |
Requirements
- High School Diploma or equivalent required; 4-year college degree preferred.
- Minimum of five (5) years underwriting experience with conforming and non-conforming loans required.
- Minimum six (6) years of mortgage banking required, including Jumbo Loans and/or Government Products.
Responsibilities
- Review, analyze and make final determination on loan submissions using manual underwriting guidelines as well as validating recommendations.
- Underwrite Jumbo loans, special programs as determined by lending authority set by management.
- Work with Correspondent or Consumer Lending to identify potential solutions/alternatives for difficult/denied loan files.
- Communicate with internal and external clients and UW Vendors on inquiries on loans underwritten by the company/vendors.
- Research and respond to team lead on loans requiring additional escalation and review and ability to summarize issues, concerns, and recommendations.
- Proactively addresses underwriting submission deficiencies.
- Provide back-up support to Team Leader as necessary to ensure efficient operations and smooth and timely flow of work.
- Review and maintain guidelines to stay up to date with all requirements.
- Review of audit files for Quality/Funding issues to determine compliance and acceptance of loan.
- Assist in correction of delivery violations and government ensuring deficiencies on specific files as required.
- Analyze Trust agreements as needed.
- Participate in the orientation of new personnel to ensure consistency.
- Provide technical support for systems as necessary.
- Performs related duties as assigned by supervisor.
Preferred Qualifications
- Government designations preferred.
- Ability to differentiate between first and second mortgage underwriting.
- Ability to handle secure and private information.
- Technical experience necessary: Windows, Excel, Word, PowerPoint, Underwriting software and systems.
- Ability to stay current with the business environment within third party lending.
- Excellent customer service skills and analytical skills.
- Excellent verbal and written communication skills.
- Ability to work independently and adapt to a constantly changing environment.
- Ability to be a creative and innovative problem solver.