Wholesale Underwriter - Career Consulting Partners

Wholesale Underwriter

Career Consulting Partners has partnered with the most experienced non-QM wholesale lender in the industry. We are looking for an experienced NonQm Underwriter who has a deep understanding of the non-conforming mortgage world.  

This role will be responsible for managing the full underwriting process from initial loan sizing through loan closing while ensuring loans comply with company underwriting guidelines and risk tolerance. Working under tight deadlines, the Non-Qm Underwriter must effectively communicate with internal and external customers to efficiently vet and progress transactions while ensuring all deal risks are fully evaluated and mitigated. Excellent communication skills and attention to detail are critical to the role.

RESPONSIBILITIES:

• Be the primary point of contact as subject matter expert (SME) assisting salesforce and business partners in structuring eligible loans in conjunction with the Company’s third-party originators.
• Interpret and provide appropriate loan solutions for Non-QM/Non-Agency loan requests
• Analyze borrower’s credit file, collateral, and capacity to ensure credit-worthiness
• Perform manual underwriting review to ensure the loan meets all product and property guidelines of the Company and investors, as well as compliance with corporate and secondary market investor standards.
• Underwrite Non-Agency/Non-QM wholesale/broker loans in a timely manner to ensure the loan meets all product and property guidelines of the Company and investors, as well as meeting all established loan policies, credit limits, and regulatory requirements.
• Clear conditions timely on loans; affirm data integrity on all submissions.
• Identify potential misrepresentation or fraud.
• Keep up-to-date with all guideline changes and system enhancements.

REQUIREMENTS:

• Recent Working knowledge of non-agency/Non-qm underwriting guidelines demonstrated through a minimum of 3+ years of underwriting experience on non-agency/Non-qm products.
• Experience of at least 3 years in manual underwriting of Jumbo loans, DSCR, and Bank Statements is required.
• High attention to detail and effective problem-solving skills.
• Ability to work independently, with minimal supervision.
• Ability to multitask in a high-volume environment.
• Excellent written and oral communication skills.
• Continuous focus on the customer experience.

COMPENSATION/BENEFITS:

• Base Compensation: $90,000 - $120,000
• Plus File Bonus
• Dental, HSA, FSA, Medical, Vision
• Additional Bonus on closed loans
• PTO

LOCATION:

• Santa Ana, CA
• During the initial probationary period, work will be conducted on-site. After this period, the position will transition to a hybrid work schedule.
• Near the John Wayne Airport

***Please note that we at Career Consulting Partners will be sure to keep your information private. We will not submit you or your information to any firm without your consent. Once we have received your resume/application we will reach out to you and review the firm(s) before we move forward***