Non-QM Underwriter II or III

3 days ago


Boca Raton, Florida, United States NQM Funding, LLC Full time
Job Title: Non-QM Underwriter II or III

NQM Funding, LLC is a leading secondary market investor in the Non-QM space, operating both wholesale and correspondent channels. Our relationship with a global investment management firm offers cutting-edge Non-QM programs, excellent service, and competitive pricing. Non-QM loans are our sole focus.

We are seeking a skilled Non-QM Underwriter II or III to join our TPO Division. This is a remote position that requires a download speed of at least 50 Mbps.

Key Responsibilities:

  1. Conduct thorough manual analysis of mortgage loan files to ensure compliance with company and investor guidelines.
  2. Analyze loan risk and request additional documentation as necessary.
  3. Review loan conditions and make eligibility decisions by approving or rejecting loans.
  4. Calculate borrower income and analyze their ability to repay the mortgage obligation.
  5. Maintain accurate and compliant loan files, adhering to company policies and guidelines.
  6. Meet company service level and turn-time standards.
  7. Respond to audits and post-closing issues in a timely manner.
  8. Maintain working knowledge of Non-QM, TPO, and NDC guidelines and policies.

Requirements:

  • 5+ years of prior underwriting experience.
  • Non-QM underwriting experience preferred.
  • Bachelor's Degree preferred.

NQM Funding, LLC offers a comprehensive benefits package, including medical, dental, vision, GAP insurance, life insurance, 401K, and pet insurance.

We are an equal opportunity employer and welcome applications from diverse candidates. We will reasonably accommodate qualified individuals with disabilities to ensure equal access to employment opportunities.



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