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Cornerstone Home Lending · 3 days ago

Jumbo / Non-QM Underwriter

United States

Full-time

Remote

Senior Level

5+ years exp

Cornerstone Home Lending is a unique national home lender known for its commitment to customer satisfaction and employee happiness. They are seeking a Jumbo/Non-QM Underwriter to analyze underwriting for Jumbo and Non-Agency mortgage loans, ensuring compliance and managing loan conditions effectively.

Financial ServicesLendingMortgage

Growth Opportunities

Responsibilities

Due Diligence Underwriting

Ability to analyze the underwriting of Jumbo and Non-Agency mortgage loans in a timely manner for completeness and compliance guidelines and approved Seller variances

Use of manual underwriting requires strong attention to detail

Manage loan conditions from credit, property, and compliance reviews with Sellers and external 3rd party service due diligence providers

Evaluate and provide recommendations for underwriting waivers and eligibility exceptions

Clearly communicate, in written and verbal form, compensating factors to justify exceptions

Maintain strong knowledge of mortgage compliance rules agency underwriting guidelines and industry standards for appraisal requirements and regulatory compliance

Participate in evaluating current loan review processes and provide feedback and recommendations to increase efficiency and risk management capabilities

Consistently review third party services (valuation, fraud, compliance) to provide valuable input for loan decisions

Qualification

Jumbo underwritingNon-Agency underwritingMortgage compliance knowledgeAutomated underwriting enginesLoan origination documentationClient service skillsMulti-tasking skillsAnalytical thinkingAttention to detailProblem-solving skillsCommunication skills