NQM Funding, LLC ยท 6 hours ago
Non-QM Scenario Desk Underwriter (remote)
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Insider Connection @NQM Funding, LLC
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Responsibilities
Provides email, online and phone support of Non-QM program guidelines, requirements, and loan scenarios as needed while ensuring inquiries are answered in a timely manner
Completes Bank Statement Analysis requests received from sales partners in Wholesale, NDC, and Retail divisions within corresponding turn times
Communicate analysis results to all stakeholder partners in a clear and concise manner that conforms with departmental standards
Coordinates the delivery and completion of Bank Statement Analyses when Business Process Outsourcing (BPO) partners are leveraged
Perform Quality Control testing on Bank Statement Analysis work completed by Business Process Outsourcing (BPO) partners
Solid underwriting knowledge as it relates to the documenting and clearing of loan conditions
Ability to analyze complex personal/business tax returns and calculate qualifying monthly income
Assist sales partners with structuring of difficult loan scenarios
Knowledge of mortgage loan origination activities, loan programs, and regulatory requirements
Maintain proficiency in the use of TPO and NDC Portal to assist production partners when they have issues submitting requests, uploading, and accessing documents applicable to the Production Support Team
Organize and maintain facilities where completed Bank Statement Analyses and Scenario Grades are stored
Collaborate with Mortgage Sales Team and Operations staff (both Retail and TPO) on a daily basis
Review of Condominium Projects to determine eligibility with program requirements
Performs other related duties as assigned
Qualification
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Provides email, online and phone support of Non-QM program guidelines, requirements, and loan scenarios as needed while ensuring inquiries are answered in a timely manner
Completes Bank Statement Analysis requests received from sales partners in Wholesale, NDC, and Retail divisions within corresponding turn times
Communicate analysis results to all stakeholder partners in a clear and concise manner that conforms with departmental standards
Coordinates the delivery and completion of Bank Statement Analyses when Business Process Outsourcing (BPO) partners are leveraged
Perform Quality Control testing on Bank Statement Analysis work completed by Business Process Outsourcing (BPO) partners
Solid underwriting knowledge as it relates to the documenting and clearing of loan conditions
Ability to analyze complex personal/business tax returns and calculate qualifying monthly income
Assist sales partners with structuring of difficult loan scenarios
Knowledge of mortgage loan origination activities, loan programs, and regulatory requirements
Maintain proficiency in the use of TPO and NDC Portal to assist production partners when they have issues submitting requests, uploading, and accessing documents applicable to the Production Support Team
Organize and maintain facilities where completed Bank Statement Analyses and Scenario Grades are stored
Collaborate with Mortgage Sales Team and Operations staff (both Retail and TPO) on a daily basis
Review of Condominium Projects to determine eligibility with program requirements
Oral Communication Skills
Written Communication Skills
Reading Skills
Customer Service
Diplomacy
Math Aptitude
Negotiations
Organization
Professionalism
Presentation
Time Management
Computer Literacy
Keyboard Skills
Mortgage Wholesale/ Non-QM Underwriting experience is recommended
Degree High School Diploma or Equivalent.
Encompass Software Experience Required
Minimum 5 years Underwriting Experience (UW or secondary)
Benefits
Medical Plan
Dental Plan
Vision Plan
GAP Insurance
Life Insurance paid by the company
Voluntary Life Insurance
401K
Pet Insurance
Legal Shield/ID Shield