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Logan Finance Corporation · 3 weeks ago

Seasoned Non-QM Underwriter

United States

Full-time

Remote

Senior Level

7+ years exp

Logan Finance Corporation is one of the fastest growing Non-QM lending companies in the US, delivering high levels of customer experience through their Correspondent and Wholesale channels. The role involves underwriting Non-QM and non-conforming jumbo loans while ensuring compliance with guidelines, managing a pipeline, and communicating with processing and sales teams.

FinanceFinancial ServicesLendingMortgage

Hiring Manager

David Nieves Jr., M.S.

Responsibilities

Underwrite Non-QM and non-conforming jumbo loans, ensuring loans are compliant with company and investor guidelines

Manage individual pipeline daily by completing new underwriting reviews, condition reviews and other underwriting tasks within established turn times

Review and analyze borrower profiles, credit reports, title reports, income documentation and assets, appraisals, and complex business returns and financials

Communicate with processing and sales to provide updates, clarification on outstanding conditions and deficiencies identified on loans, and to assist in interpreting underwriting guidelines

Conduct an appraisal analysis to determine acceptable collateral standards are met

Qualification

Non-QM underwritingMortgage credit analysisEncompass proficiencyFinancial analysisAnalytic skillsCommunication skillsOrganizational skills

Required

Minimum 7 years overall underwriting experience/3-4 years minimum Non-QM experience

Ability to underwrite Non-QM and Non-Agency loan products, including but not limited to Bank Statement Income Analysis, Asset Depletion, DSCR No Ratio, Foreign National and Self-Employment

Ability to review & calculate complex personal and/or business financials and tax profiles

Perform mortgage credit analysis with or without the assistance of an automated underwriting system and ensure lending decisions follow company guidelines and policies

Demonstrated proficiency in basic computer applications, such as Microsoft Office software products and Encompass

Exceptional organization skills and ability to multi-task and handle several priorities at once

Excellent analytic skills, attention to detail, and ability to work within time constraints

Good communication skills, both verbal and written