NQM Funding, LLC · 5 days ago
Non-QM Junior Underwriter
United States
Full-time
Remote
Entry Level
$75K/yr - $95K/yr
2+ years expNQM Funding, LLC is a top secondary market investor specializing in Non-QM lending. They are seeking a Non-QM Junior Underwriter to assist the underwriting team by reviewing conditions and completing clear to close reviews on loans.
FinanceFinancial ServicesLendingMortgage
Responsibilities
Review and clear underwriting conditions to ensure documents provided meet the guideline requirements
Update LOS based on documents received and ensure the doc imaging system is properly updated as well
Print final loan documents into the file as required
Complete Checklist while reviewing loans for clear to close. Ensure all requirements have been satisfied prior to issuing the clear to close
Work with closing department to resolve discrepancies between final loan approval and closing terms (i.e. – PITIA, cash to close, seller credits, etc.)
Review and clear post-closing underwriting conditions to allow for timely funding or purchasing of loans
Ensure once all information is gathered that it is accurate, compliance standards are met, and the decision is in line with company policies and guidelines
Communicate effectively with sales, business partners (Brokers/NDC Clients), and internal team members
Maintain company productivity, service level and turn-time standards
Respond to audits and post-closing issues in a timely manner
Maintain working knowledge of Non-QM, TPO and/or NDC guidelines and policies
Performs other related duties as assigned
Qualification
Required
3+ years prior mortgage experience
2+ years processing or junior underwriting experience
Math and critical thinking skills
Financial analysis
Strong Communication skills
Ability to adapt to technology
Working knowledge of Microsoft office
Ability to meet deadlines
ALL REMOTE POSITIONS REQUIRE A DOWNLOAD SPEED OF NO LESS THAN 100 MBPS
Preferred
Non-QM underwriting experience preferred
Bachelor's Degree preferred
Benefits
Medical Plan
Dental Plan
Vision Plan
GAP Insurance
Life Insurance paid by the company
Voluntary Life Insurance
401K
Pet Insurance
Legal Shield/ID Shield
Company
NQM Funding, LLC
NQM Funding, LLC is a top secondary market investor in the Non-QM space operating both wholesale and correspondent channels.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Dan Scrocco
Senior Vice President
Rudy Orman
Senior Vice President of TPO Lending
Company data provided by crunchbase