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About the role

  • Junior Underwriter role at NQM Funding, LLC reviewing and clearing loan conditions in a remote environment. Collaborating with underwriting team to ensure compliance and accuracy of documents.

Responsibilities

  • Responsible for assisting underwriting team by reviewing conditions and completing clear to close reviews on loans.
  • 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.

Requirements

  • 3+ years prior mortgage experience
  • 2+ years processing or junior underwriting experience
  • 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

Job title

Job type

Full Time

Experience level

Junior

Salary

$75,000 - $90,000 per year

Degree requirement

Bachelor's Degree

Location requirements

RemoteWorldwide

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