Mortgage Underwriter Specialist
7 days ago
Community Savings is seeking a skilled Mortgage Underwriter Specialist to join our team. As a key member of our underwriting department, you will be responsible for underwriting non-agency/non-qm mortgage loans and performing credit analysis to ensure compliance with corporate/secondary market investor standards.
Key Responsibilities:
- Examine loan documentation, reviewing it for accuracy and completeness, and finding solutions to ensure loan approval.
- Render underwriting decisions for loans originated through wholesale or broker channels, and clear conditions to ensure product guidelines are met.
- Be a primary point of contact as a subject matter expert assisting the sales force in structuring eligible loans with third-party originators.
- Analyze the borrower's credit file, collateral, and capacity to ensure creditworthiness.
- Perform manual underwriting review to ensure the loan meets all product and property guidelines of the Company and investors and is compliant with corporate and secondary market investor standards.
Requirements:
- 3-5 years underwriting Non-QM loans, including DSCR, bank statement & P&L loans, Foreign Nationals, and ITIN loan programs.
- Manual DTI calculations, including full doc loans.
- Experience with Meridian Link/Lending QB.
- Strong analytical skills.
- Good verbal and written communication skills.
- Ability to provide outstanding customer service in a fast-paced environment.
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