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JBA International · 4 months ago

Non-QM Underwriter

United States

Full-time

Remote

Mid Level

$95K/yr - $120K/yr

3+ years exp

JBA International is a company specializing in mortgage lending, and they are seeking a Non-QM Underwriter to perform comprehensive credit assessments and ensure compliance with various standards. The role involves evaluating loans, minimizing risk, maximizing profit, and communicating credit decisions effectively.

ConsultingHealth CareLegalProfessional Services

Diversity & Inclusion

No H1B

U.S. Citizen Only

Responsibilities

Review assigned loans and issue a credit decision based on program guidelines and risk evaluation

Validate accuracy of information presented on consumer’s loan application

Evaluate documentation to verify authenticity and consistency based on information presented within the consumer’s loan application

Request supporting documentation as necessary to satisfy all necessary guidelines and requirements

Investigate applicant credit and employment history, calculate income, evaluate assets, assess consumer’s ability to repay, and ensure collateral is supported

Perform due diligence using provided tools, searches, and other methods to identify any discrepancies and minimize risk of misrepresentation or fraud on any given loan

Monitor pipeline of various loan types to ensure loans are reviewed within a timely manner

Review resubmissions and conditions and provide appropriate loan status updates to team members

Provide excellent customer service and communication with both internal and external customers

Respond to status requests, clarifications, and other service-related questions

Ensure use of company’s credit and underwriting policies and follow all applicable regulations, policies, procedures, and protocol when making credit decisions

Recognize and escalate issues for second level review to a manager as necessary

Complete final credit approval and sign off, ensuring all documentation within the loan file is satisfactory and in a deliverable state

Review aged or problem loans as needed to assist with difficult loans to ensure they are saleable

Review and respond to post-closing inquiries or errors as needed to resolve issues

Participate in various department meetings and trainings (procedure changes, new programs, etc.)

Carry out other tasks as assigned

Qualification

Underwriting experienceMortgage Loan OriginationAgency regulations knowledgeNon-QM loans experienceCustomer service skillsLearn policiesEmbrace technologyWritten/oral communicationWork ethic

Required

Working knowledge and understanding of agency/industry regulations

Working knowledge of Mortgage Loan Origination and Underwriting processes

Ability to learn and follow company policies, procedures, and Underwriting protocol

Ability to embrace technology and utilize a task-based workflow

Excellent customer service and written/oral communication skills

Excellent work ethic

Prior Underwriting experience in a traditional retail lending environment, including but not limited to conventional and non-conforming (non-QM loans)

Minimum 3-5 years' experience underwriting Non-QM loans