Due Diligence Specialist

Charlotte, VT - USA

Monthly Salary: Not Disclosed

Posted on: 10 hours ago

Vacancies: 1 Vacancy

Job Summary

Why Deephaven Mortgage

Deephaven Mortgage has been a pioneer and leader in non-QM since our origin in 2012. Our longevity and strength in the non-QM space has allowed a significant number of borrowers to achieve homeownership who otherwise would not have under traditional requirements. Deephaven champions mortgage borrowers whose independence entrepreneurial drive and determination are often the very reason they cannot qualify for a traditional loan.

We continuously and responsibly innovate new mortgage products and programs that put homeownership within reach of millions of borrowers and investors that need and deserve financing through lending ingenuity that is supported by common-sense underwriting.

Deephaven is comprised of two lending platforms. Our wholesale channel offers loans through a network of over 1000 independent mortgage brokers. Our correspondent channel buys loans from over 200 correspondent partners.

Deephavens headquarters are in Charlotte North Carolina. To learn more about our innovative loan solutions please visit or email us at

Job Overview

The Due Diligence Specialist is responsible for conducting in-depth analysis and validation of mortgage loan files to ensure they meet the lenders guidelines and risk tolerance. This role involves reviewing borrower documentation assessing creditworthiness analyzing property appraisals and ensuring compliance with regulatory requirements specific to NonQM lending. The Due Diligence Specialist plays a vital role in mitigating risks and safeguarding the companys portfolio by identifying potential issues and ensuring that all loans align with internal and external standards.

This role can be remote!

What Youll Do

Perform audits and compliance review of mortgage loans closed by mortgage origination companies prior to purchase to ensure
Quality and adherence to our lending regulations and compliance requirements
Signed closing documents are complete
All conditions are received and cleared prior to purchase
Make outbound calls to borrowers brokers title companies AMCs and other vendors following up on the above items to prepare a loan to clear due diligence and be sold
Partner with internal staff (i.e. Underwriter Processor Closer Operations Management etc.) of the mortgage origination companies and third-party vendors throughout the pre-close and post-close review process to clear purchase eligibility conditions
Work with partners to obtain missing documents or to cure TRID violations
Maintain updated appropriate Due Diligence procedures

What We Need

College degree or equivalent work experience
4 years of mortgage related experience
2 years of loan processing closing or due diligence experience
Strong organization and analytical skills with attention to detail
Possess a thorough understanding of loan processing and closing procedures
Excellent communication and time management skills
Ability to be cross trained and handle multiple functions outside of normal job responsibilities and/or assist team members with other administrative tasks as needed
Present self in professional manner and have ability to interact with all levels of organization and outside contacts
Proficient in MS Office including Word and Excel
Encompass knowledge preferred

Compensation for this role starts at $28 per hour.

This organization participates in E-Verify

Our Perks

Flexible Time to Recharge Personalized Time Off for What Matters (because rest isnt one-size fits all)

Future Finance Focused Generous employer-matched 401(k) plan

Community Connect Philanthropy Committee that creates charitable initiatives

Health from Day One Comprehensive health insurance starting on day one of employment

Family Matters Competitive maternity and paternity leave

Culture & Celebrations Culture Committee with team-building events and celebrations

Ideas Welcome Encouraging thought leadership and innovation

Guidance & Growth Mentorship opportunities for career development

Perk Up Exclusive discounts on travel tech pets legal and more

Required Experience:

Why Deephaven Mortgage Deephaven Mortgage has been a pioneer and leader in non-QM since our origin in 2012. Our longevity and strength in the non-QM space has allowed a significant number of borrowers to achieve homeownership who otherwise would not have under traditional requirements. Deephaven cha...