Non-QM Junior Underwriter

Are you ready to advance your career in a dynamic, industry-leading environment? Join NQM Funding, LLC, a top secondary market investor renowned for our expertise and innovation in the Non-QM space. We operate both wholesale and correspondent channels, backed by our strong partnership with a global investment management firm. At NQM Funding, LLC, offer cutting-edge programs, exceptional service, and highly competitive pricing.

By joining our team, you'll have the opportunity to work with a focused and passionate group of professionals who are committed to shaping the future of Non-QM lending. We offer an environment where your expertise is valued and your career aspirations can flourish. If you're looking for a place to grow and make a tangible impact in the industry, NQM Funding, LLC is the perfect fit for you. Apply now to be part of a company that's redefining excellence in Non-QM lending!

Our Corporate Headquarters is looking to hire a Non-QM Junior Underwriter.

ALL REMOTE POSITIONS REQUIRE A DOWNLOAD SPEED OF NO LESS THAN 50 MBPS.

Job Title: Non-QM Junior Underwriter

Reports To: Non-QM UW Team Lead / AVP of Non-QM Underwriting

FLSA Status: Non-exempt

Department: TPO Underwriting

Division: TPO

Salary Range: $75K to $95K 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 Clear To Close 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.
• Maintain company 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

Equal Employment Opportunity:

NQM Funding, LLC management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment.

NQM Funding, LLC will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.

NQM Funding, LLC will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to NQM Funding, LLC.