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NQM Funding, LLC · 3 weeks ago

Non-QM Exception Desk Underwriter

Boca Raton, FL

Full-time

Onsite

Senior Level

$90K/yr - $110K/yr

5+ years exp

NQM Funding, LLC is a leading secondary market investor specializing in Non-QM lending. The Non-QM Exception Desk Underwriter is responsible for reviewing exception requests, ensuring compliance with guidelines, and collaborating with sales and operations to structure loans effectively.

FinanceFinancial ServicesLendingMortgage

Responsibilities

Review Exception Requests and ensure sufficient compensating factors are identified for exception consideration, ensuring the Exception Request form is accurately completed, and approving exception requests within authority and/or escalating for leadership review

Working with sales and operations partners on viability of exception requests and providing guidance on how to best structure a loan to obtain an exception

Reviewing entity documents to ensure all documents are present and executed property to comply with guidelines

Review Power Of Attorney requests to ensure compliance with guidelines

Review Trust Documentation to ensure compliance with guidelines

Provide rebuttals to investor conditions. Assist in obtaining necessary documents from TPOs as needed to satisfy investor requirement

Respond to audits and post-closing issues in a timely manner

Maintain working knowledge of Non-QM/TPO guidelines and policies

Performs other related duties as assigned