Underwriter Non-QM bei None

Key Responsibilities:

• Review and analyze credit, income, assets, collateral, and overall borrower risk for Non-QM loan applications.
• Apply program guidelines for non-traditional documentation such as bank statements, rental income (DSCR), and asset-based qualifications.
• Issue timely and accurate underwriting decisions (approve, suspend, or deny) while documenting rationale.
• Ensure loans meet investor, company, and regulatory compliance requirements.
• Collaborate with processors, loan officers, and closers to resolve conditions and expedite loan decisions.
• Identify potential fraud, red flags, and layered risk factors, escalating concerns as needed.
• Maintain detailed knowledge of industry changes, investor updates, and compliance standards.
• Meet or exceed productivity and quality standards (turn times, defect rate).
• Provide clear, professional communication to internal teams regarding loan decisions and conditions.
• Support continuous process improvement by providing feedback to management on trends or recurring issues.

Knowledge, Skills, and Abilities:

• Excellent analytical and problem-solving skills with attention to detail.
• Strong written and verbal communication skills.
• Ability to work independently and manage multiple files under tight deadlines.
• In-depth knowledge of residential mortgage credit, income, and collateral analysis.

Qualifications:

• Minimum 3–5 years of mortgage underwriting experience, with at least 2 years in Non-QM products preferred.
• Strong understanding of Non-QM programs, including bank statement, asset depletion, and DSCR loans.
• Familiarity with AUS systems (DU, LPA) and manual underwriting practices.
• Proficiency in LOS systems (Encompass experience a plus).

This position is intended to be onsite for those who reside in the area, or Remote for those who reside outside of a commutable distance from the office in Brookfield, WI.

Pay range for the position is $45.00 per hour - $50.50 per hour.