Non-Conforming Underwriter

Summary

Join JMAC Lending, a leading mortgage lender with over 25 years of experience, as a remote Underwriter. You will underwrite agency and non-agency loans, including manual and AUS, and alternative doc loans. This role requires a comprehensive analysis of loan documents, data entry into DU/LP systems, and meticulous file management. You will need to ensure compliance with investor guidelines, apply fraud detection methods, and communicate effectively with colleagues and clients. The position offers competitive pay ($81,000-$100,000 annually) and a comprehensive benefits package.

Requirements

• Have recent underwriting experience with all Conventional loans products for a minimum of 5 years and be current on all updated guidelines, policies, and procedures
• Have current jumbo, non-agency, and alternative document experience for at least 3 years
• Be able to multi-task in a fast-paced environment while maintaining a high level of quality
• Have extensive knowledge of all FNMA/FHLMC and investor guidelines
• Have extensive knowledge of complex tax returns including multiple businesses and multiple financed properties
• Be able to handle multiple investors' guidelines
• Maintain quality and production standards as set forth by management
• Possess strong attention to detail, organization, and communication skills
• Have communication skills, verbal and written, capable of expressing complex issues and soliciting input from a broad audience
• Comply with all BSA/AML requirements as well as any mandatory changes

Responsibilities

• Conduct a comprehensive and precise analysis of all loan documents, including the AUS decision report, credit report, various income sources (both complex personal and business returns), assets, preliminary title report, appraisal, purchase agreement, escrow instructions, occupancy verification, as well as performing checks for red flags and potential fraud
• Efficiently enter data into DU/LP systems and execute the final AUS processing
• Meticulously manage loan files and clear any conditions, demonstrating both attention to detail and a sense of urgency to meet customer needs
• Accurately log loan data and decisions into our operating system, ensuring precision at every step
• Review transaction matrices and internal investor overlays to guarantee compliance with all investor guidelines
• Apply and uphold effective fraud detection methods. Proactively request additional information or documentation as needed, and identify risk factors that may affect the quality of the loan file
• Assist in resolving any pre-funding or post-purchase loan issues by collaborating with the post-closing department to address any outstanding conditions or concerns
• Communicate loan decisions clearly and professionally via phone or email to foster positive and productive relationships with colleagues and clients
• Maintain open channels of communication with brokers and sales staff to ensure all inquiries are addressed promptly, showcasing exceptional customer service skills

Benefits

• Comprehensive Health Care Plan (including Medical, Dental, & Vision)
• Life Insurance Options (Basic, Voluntary & Accidental Death & Dismemberment)
• Generous Paid Time Off (for Vacation & Holidays)
• Secure Retirement Plan (401k)
• Short-Term & Long-Term Disability Coverage
• Family Leave Benefits
• Access to Wellness Resources