Non-QM Underwriter

You will Underwrite Non-QM and non-conforming jumbo loans, ensuring loans are compliant with company and investor guidelines. The primary responsibilities of this role include:

Manage individual pipeline daily by completing new underwriting reviews, condition reviews and other underwriting tasks within established turn times
Review and analyze borrower profiles, credit reports, title reports, income documentation and assets, appraisals, and complex business returns and financials
Communicate with processing and sales to provide updates, clarification on outstanding conditions and deficiencies identified on loans, and to assist in interpreting underwriting guidelines
Conduct an appraisal analysis to determine acceptable collateral standards are met.

Requirements:

Minimum 4 years overall underwriting experience / 2 years minimum Non-QM experience
Ability to underwrite Non-QM and Non-Agency loan products, including but not limited to Bank Statement Income Analysis, Asset Depletion, DSCR No Ratio, Foreign National and Self-Employment.
Ability to review & calculate complex personal and/or business financials and tax profiles.
Perform mortgage credit analysis with or without the assistance of an automated underwriting system and ensure lending decisions follow company guidelines and policies.
Demonstrated proficiency in basic computer applications, such as Microsoft Office software products and Encompass
Exceptional organization skills and ability to multi-task and handle several priorities at once.
Excellent analytic skills, attention to detail, and ability to work within time constraints
Good communication skills, both verbal and written.

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Logan Finance Corporation

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Non-QM Underwriter