Underwriting Analyst
3 weeks ago
NQM Funding, LLC is a leading secondary market investor in the Non-QM space operating both wholesale and correspondent channels. Our partnership with a global investment management firm offers cutting-edge Non-QM programs, exceptional service, and competitive pricing. Non-QM loans are our sole focus.
The TPO Division is seeking a skilled Non-QM Underwriter I to join our team. This role requires remote work, and a minimum download speed of 50 MBPS is mandatory.
The successful candidate will be responsible for reviewing mortgage files, analyzing credit history, and verifying all liabilities and assets on loan applications. The salary range for this position is $75K to $80K plus bonus.
Key Responsibilities:
- Conduct thorough manual analysis of mortgage loan files to ensure compliance with company and investor guidelines.
- Analyze loan risk and request additional documentation as necessary.
- Review loan conditions and make eligibility decisions by approving or rejecting loans.
- Calculate borrower income and assess their ability to repay mortgage obligations.
- Ensure accurate information gathering, compliance standards, and decision-making alignment with company policies.
Requirements:
- 5+ years prior underwriting experience.
- Non-QM underwriting experience preferred.
- Bachelor's 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.
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