ALL REMOTE POSITIONS REQUIRE A DOWNLOAD SPEED OF NO LESS THAN 100 MBPS.Job Title: Non-QM Junior Underwriter
Reports To: Non-QM Underwriting Team Lead/ AVP of Non-QM Underwriting
FLSA Status: Non-Exempt
Department: TPO Underwriting
Division: TPO
Salary Range: $75K to $90K per year
Summary: Responsible for assisting underwriting team by reviewing conditions and completing clear to close reviews on loans.
Duties and 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.
Skills:- Math and critical thinking skills
- Financial analysis
- Strong Communication skills
- Ability to adapt to technology
- Working knowledge of Microsoft office
- Ability to meet deadlines
Education/Experience:- 3+ years prior mortgage experience
- 2+ years processing or junior underwriting experience
- Non-QM underwriting experience preferred
- Bachelor's Degree preferred
NQM Funding, LLC offers the following 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
