Wholesale Underwriter, Specialty Products

3 days ago


Anaheim, California, United States Carrington Holding Company, LLC Full time

Job Summary

Carrington Mortgage Services-Wholesale Lending is seeking a skilled Wholesale Underwriter to join our team. As a Wholesale Underwriter, you will be responsible for underwriting loans in accordance with company and investor guidelines, following company policies and procedures under general supervision.

Key Responsibilities

  • Thoroughly review and analyze loan applications to ensure compliance with company and investor guidelines.
  • Maintain highly confidential information concerning loan applicants.
  • Perform a thorough analysis of collateral to ensure property meets investor guidelines and the appraisal quality and completeness is acceptable.
  • Apply and interpret company underwriting guidelines and make sound credit decisions.
  • Complete credit analysis, income analysis, and property analysis to ensure loan file information is accurate and consistent.
  • Identify risk factors within each loan and utilize resources, tools, and documentation to detect red flags and clear inconsistencies.
  • Review and evaluate credit information on mortgage loan documents to determine acceptability for specific loan programs.
  • Determine any conditions, stipulations, or pre-funding requirements.
  • Communicate with clients, sales teams, and operations teams to resolve outstanding issues as they arise.

Requirements

  • 5+ years mortgage underwriting work experience.
  • Experience underwriting Non-Agency or Non-QM Loans.
  • Paperless Loan Origination System experience preferred.
  • DU and LP experience required.
  • Experience working in a paperless environment preferred.

What We Offer

  • Comprehensive healthcare plans for you and your family.
  • Discretionary 401(k) match of 50% of the first 4% of pay contributed.
  • Access to several fitness, restaurant, retail (and more) discounts through our employee portal.
  • Customized training programs to help you advance your career.
  • Employee referral bonuses.
  • Educational Reimbursement.
  • Carrington Charitable Foundation contributes to the community through causes that reflect the interests of Carrington Associates.

EEO/AAP Employer

California Privacy Notice: https://oag.ca.gov/privacy/ccpa


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