Mortgage Underwriter

Job Summary:

We are seeking a skilled Mortgage Underwriter to join our team at Paramount Residential Mortgage Group. The successful candidate will be responsible for the prudent underwriting of Non-QM loans in accordance with company and investor guidelines.

Key Responsibilities:

• Conduct thorough analysis of loan files to determine compliance with company and investor guidelines.
• Evaluate entire credit package and collateral for residential mortgage loans to ensure investment quality.
• Check accuracy of all calculations and data integrity.
• Complete all required underwriting worksheets found in FastTrac 360 Resource Center.
• Recommend loan disposition to underwriting manager for loan amounts in excess of authority limitation.
• Maintain company standard for productivity level and comply with company policy of 48 hour underwriting turnaround time and 24 hour turnaround time for clearing conditions.
• Strive to meet 2 decisions/day within allotted time.
• Communicate decision on loans to appropriate parties both verbally and in writing.
• Maintain underwriting activity logs and provide monthly underwriting report to underwriting manager.

Requirements:

• Minimum five years of recent NON-QM mortgage underwriting experience, with solid working knowledge of underwriting guidelines to include FNMA, FHLMC, and NON-QM Investors.
• Ability to review & calculate complex personal and/or business financials and tax profiles.
• Excellent written and verbal communication.
• Experience working in a fast-paced team environment.
• Encompass loan origination system experience required 5+ years.

Preferred Skills:

• Strong interpersonal-communication and business-relationship skills.
• Detail oriented.
• Excellent written and verbal communication skills.
• Technologically proficient in MS Windows software.

Education:

• High school diploma.

Travel:

• None.

Compensation:

• Min: USD $90,000.00/Yr.
• Max: USD $100,000.00/Yr.