Job description

NonQM Underwriter - Full Remote

Amres Corporation is a multi-state mortgage services company, providing loan solutions for borrowers seeking financing. Our company is committed to offering our clients the most competitive rates on the market and unrivaled customer support and retention. Our fully licensed mortgage professionals have vast experience in the financial services industry and work with borrowers of all credit profiles. We carefully look at each client's loan scenario and present the best options from our comprehensive suite of loan products. Currently licensed in 46 states, Amres Corporation is expanding quickly. We are dedicated to upholding the highest ethical industry standards, but most of all, we are dedicated to ensuring a smooth, successful client experience.

Amres Corporation is hiring a NonQM Underwriter to join our corporate loan operations team. Non-QM Underwriter will be responsible for the underwriting of non-agency, non-QM, hard money, ground up construction, fix and flip, and bridge loans as well as reviewing supporting documentation to assess borrowers' credit worthiness and ability to repay the mortgage obligation.

Duties/Responsibilities:

• Perform a detailed underwriting analysis for both credit and documentation deficiencies and determine the marketability of each loan, including income and asset calculations, employment history, credit score eligibility, qualifying ratios, etc.
• Manually underwrite Non-Agency/Non-QM correspondent, wholesale/broker, ground up construction, fix and flip, bridge, and retail loans in a timely manner to ensure loan meets all product and property guidelines of Company and investors, as well as meeting all established loan policies, credit limits and regulatory requirements.
• Evaluate the collateral to ensure an investment quality loan product.
• Proactively communicate loan status with loan originator and Processor throughout the process; respond to questions in a timely manner and notify all parties when additional information is needed.
• Maintain a productivity level of 4+ submission reviews per day (combination of new and condition submissions)
• Ensure a consistent and proactive approach to condition clearing to increase pull through percentage and decrease overall cycle time.
• Be available to processors and correspondents for general guideline interpretations and questions on specific loan files.
• Provide guidance and training to less experienced personnel.
• Respond to post-closing reviews and audits in timely fashion. During the review, attempt to identify re-occurring issues and work to address the root cause if possible.
• During the course of normal underwriting, identify opportunities to streamline workflow and processes. Review potential improvements and/or changes with Underwriting Management
• Support Secondary Marketing with investor pricing and guideline research.
• Maintain thorough knowledge of documentation required to meet investor underwriting and compliance requirements.
• Perform other duties as assigned.

Required Skills/Abilities:

• English/Spanish bi-lingual a strong plus, but not required.
• Strong attention to detail.
• Excellent verbal and written communication skills.
• Effective analytical and strong critical thinking and planning skills.
• Excellent organizational skills and attention to detail.
• Excellent time management skills with a proven ability to meet deadlines.
• Strong analytical and problem-solving skills.
• Strong customer service skills.

Education and Experience:

• High School Diploma or equivalent, college degree preferred.
• 5+ years of mortgage underwriting experience
• 3+ years NonQM experience required including but not limited to Bank Statement Income Analysis, Asset Depletion, DSCR No Ratio, Ground Up Construction, Fix and Flip, Bridge, and Self-Employment
• In-depth knowledge of Fannie Mae and FHA guidelines is preferred in addition to functional efficiency utilizing the DU and LP applications.
• Project Underwriting experience a plus
• DE and VA Automatic designations a plus
• BYTE knowledge a plus

Physical Requirements:

• Prolonged periods of sitting at a desk and working on a computer.

Full Time benefits summary:

• Medical, Dental, Vision Insurance Options
• Paid Time Off and Paid Holidays
• Company Paid Life Insurance, Short Term & Long-Term Disability
• 401(k) with employer match

Job Type: Full-time M-F

Amres Corporation is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, religion, color, sex, sexual orientation, gender identity or expression, national origin, disability, age, genetic information, or any other status protected under applicable federal, state, or local laws.

Employment is contingent upon successful completion of a background investigation.

Amres Corporation is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. To verify licensing, please visit www.NMLSConsumerAccess.org

Job Type: Full-time

Pay: $85,000.00 - $95,000.00 per year

Benefits:

• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday

Education:

• High school or equivalent (Preferred)

Experience:

• NonQM Underwriting: 3 years (Preferred)

Language:

• Spanish (Preferred)

Work Location: Remote

jjbodyshop.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, jjbodyshop.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, jjbodyshop.com is the ideal place to find your next job.