Apply on Employer Site

Lower · 3 weeks ago

Non-QM Underwriter

United States

Full-time

Remote

Mid Level

3+ years exp

Lower is a mission-driven fintech company that simplifies the home-buying process through cutting-edge technology. The Underwriter is responsible for analyzing and evaluating non-QM mortgage loan applications to maximize organizational profit while minimizing risk to the company.

FinanceFinancial ServicesFinTechLending

Responsibilities

Render approval/denial of mortgage loan applications consistent with current internal and external regulations and guidelines

Analyzes and evaluates creditworthiness of borrowers including but not limited to the review of financial statements, tax returns, asset statements, bank account statements, etc

Investigates and documents large deposits and other anomalies in the credit file that may not have been documented by the Loan Officer

Underwrites, reviews and recommends approvals or denials for government loans that may include FHA, VA, RHS and PHFA and non-conforming products

Issues loan conditions and required documentation to meet agency and regulatory requirements

Maintains current knowledge of internal and regulatory changes that affect the underwriting of mortgage loans

Provides guidance to loan processors on questions about various loan scenarios, documentation and guideline requirements

Provides and promotes exceptional customer service both internally and externally

Attendance, promptness, professionalism, the ability to pay attention to detail, cooperativeness with co-workers and management, and excellent customer service

Other duties or special projects as assigned

Qualification

Non-QM underwritingJumbo loans experienceMortgage regulations knowledgeEncompass experienceInvestor guidelines knowledgeCustomer serviceProfessionalismCooperativenessAttention to detail