In Office Non-QM Underwriter
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Job Location:
North Hollywood, CA - USA
Monthly Salary:
Not Disclosed
Posted on:
30 days ago
Vacancies:
1 Vacancy
Job Summary
Non-QM Underwriter (DSCR / Bank Statement / Alt-Doc) On-Site
Our client a growing California-based mortgage lender is seeking an experienced Non-QM Underwriter with expertise in DSCR Bank Statement and alternative documentation loan products.
Key Responsibilities
Review and underwrite Non-QM DSCR Bank Statement VOE P&L and Asset-based mortgage loans.
Analyze self-employed and alternative documentation income calculations.
Ensure all files meet company investor and regulatory guidelines.
Run AUS findings and evaluate risk using DU LPA and Total Scorecard.
Communicate effectively with processors account managers and loan officers to resolve file conditions.
Manage a consistent underwriting pipeline maintaining strong accuracy and turnaround times.
Stay current on investor guidelines and evolving Non-QM products.
Qualifications
Minimum 5 years of residential mortgage underwriting experience.
3 years of Non-QM underwriting experience (required).
Advanced understanding of DSCR Bank Statement VOE P&L and Asset-based loans.
Strong experience underwriting self-employed borrowers and complex income structures.
Proficiency with Encompass LOS CoreLogic FraudGuard and AUS systems (DU LPA Total Scorecard).
Must have underwritten front line loans within the past 12 months.
Compensation & Benefits
Base salary: $70000$100000 (DOE)
Bonus: Monthly eligibility after 2 years based on funding quota
Benefits: Health Insurance SIMPLE IRA (3% match) PTO 5 sick days per year
National Mortgage Staffing does not determine the requirements or compensation for this role. All criteria are set forth by our client and must be followed exactly.
If your background aligns with our clients needs one of our Recruiters will reach out. Please Check your spam folder and voicemail for messages from our recruiters.
Unfortunately due to high volumes of applicants we may not be able to respond to those who are not a fit. If you do not hear from us regarding this application please know we do appreciate your interest and encourage you to continue to keep an eye on our website for new opportunities.
Key Skills
- Loan Processing
- Computer Skills
- Fraud
- Math
- Banking
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Underwriting
- Financial Analysis
- negotiation
- Phone Etiquette
About Company
National Mortgage Staffing is an executive national recruiting firm dedicated to the Mortgage Industry. Our recruiting staff has over thirty years combined experience in successful job placements with our mortgage clients coast-to-coast. Our recruiters who are placed strategically thr ... View more
