Senior Non-QM Underwriter

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Premier Mortgage Associates

WebsiteLinkedInAll Job Openings

201 - 500 employees

Founded 1996

💸 Finance

💳 Fintech

👥 B2C

Finance • Fintech • B2C

Premier Mortgage Associates is a mortgage lending company that provides a wide range of home financing products designed for purchasing and refinancing homes. With over 25 years of experience, they offer a variety of loan programs including FHA, VA, Jumbo, and more, aimed at catering to diverse financial needs with competitive rates. Their team is dedicated to exceptional customer service, emphasizing a seamless loan process and strong client relationships.

📋 Description

• Complete thorough manual analysis of mortgage loan files to determine compliance with company guidelines, matrices, and procedures. • Analyzing loan risk and requesting additional documentation as necessary. • Calculate the borrowers income and analyze their ability to repay the mortgage obligation. • Candidate must be familiar with not only traditional income doc types, but also non-traditional doc types offered in Non-QM (bank statements, P&L, asset depletion, DSCR Cash Flow). • Reviewing loan conditions as resubmitted. • Making loan eligibility decisions by approving or rejecting loans, documenting the loan file appropriately and communicating the decisions effectively to all necessary parties. • Maintain company productivity, service level and turn-time standards. • Communicate effectively with sales, business partners (Brokers/NDC Clients), and internal team members. • Respond to audits and post-closing issues in a timely manner. • Maintain working knowledge of Non-QM, TPO and/or NDC guidelines and policies. • Request exceptions and scenarios as needed. • Mentor operations staff on underwriting deficiencies and calculation errors. • Performs other related duties as assigned.

🎯 Requirements

• 5+ years prior underwriting experience • Non-QM underwriting experience required • Bachelors 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