CMG Home Loans is looking to add an experienced Non-QM Underwriters to various teams from coast to coast. They are responsible for the execution of underwriting based on company policy and standards. The Underwriter ensures sound decisions to protect the financial and operational interests of the company. We are only considering underwriters who have recently been working with Jumbo and Non-QM loans.
Essential Duties and Responsibilities:
- Underwriter Jumbo/Non-QM loans
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Ability to underwrite 45+ initial underwrites per month.
- Communicates regularly with the Loan Officers and/or Processor regarding status of loans via current technology.
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Follows file and check order as conditions are signed off and new information is received.
- Maintains current working knowledge on current products.
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Leadership with respect to direction of underwriting resources and credit policy execution within team.
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Maintains conversation log in Byte to properly track the forward movement of the file.
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Assists with training needs of other mortgage positions.
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Ad hoc reporting.
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Other duties as assigned.
Qualifications and Experience:
- Must have recently been underwriting Jumbo and Non-QM loans
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Minimum of five (5) years specific underwriting experience with Jumbo and Non-QM loans.
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Must have demonstrated satisfactory knowledge of DU and LP input.
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Ability to properly interpret DU and LP, communicate and document their findings.
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Intermediate experience with Microsoft Word, Excel, and email systems.
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Ability to work in a fast paced, fluid environment.
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Strong communication, interpersonal and organizational skills.
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Proven leadership skills.
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High integrity and confidentiality required.
SUPERVISORY RESPONSIBILITIES: Direct Reports: N/A
PHYSICAL and ENVIRONMENTAL CONDITIONS:
This role operates in an ADA compliant office environment, utilizing typical office equipment and tasks including computer work. The position may involve partial stationary positions and moving throughout the day. Flexibility to work overtime to meet project deadlines is required.
Compensation: Base ranges from $90,000 - $105,000+ and per file bonus and possible OT. Factors that affect base salary may include: Underwriting experience and designations, overall knowledge, number of years worked in mortgage industry, types of roles performed, computer skills, experience specific to working with mortgage lenders, and education.