Wholesale Jumbo Underwriter - Remote
Benchmark Mortgage (NMLS #2143), Plano, Texas, us, 75086
Position Overview
The Wholesale Jumbo Underwriter reviews and underwrites Jumbo and Non-QM mortgage loan applications and property appraisals and evaluates the loans to minimize risk or loss within regulatory guidelines. Ideal candidates for this position will be experienced underwriting Jumbo and Non-QM loans, highly detail-oriented, and familiar with loan program guidelines.
Essential Functions of the Role
Analyze and underwrite Jumbo and Non-QM mortgage loans within compliance guidelines and approved seller variances.
Manage loan conditions and provide recommendations for underwriting waiver and eligibility exceptions.
Communicate with loan originators and processors regarding loan status, approvals, suspensions, denials, and conditions.
Maintain a pipeline of loans adhering to posted service level agreements.
Remain current on loan program requirements and review documents for compliance.
Other duties as assigned.
Classification: Full Time, Non-Exempt
Essential Knowledge/Skills/Abilities
Knowledge of regulatory requirements (RESPA, TILA, etc.)
Strong communication skills
Excellent organizational skills
Highly detail-oriented
Ability to work across organizational boundaries
Strong decision making skills
Advanced problem solving capabilities
Strong critical thinking skills
Proven ability to prioritize and multi-task
Understanding of Government Loan Programs
Experience Requirements
Minimum of five (5) years of mortgage underwriting experience required.
Minimum of three (3) years of underwriting Jumbo and Non-QM loans with complex income analysis required.
National bond program experience preferred.
Education / Licensing Requirements
High school diploma or equivalent required. Some college preferred.
Working Conditions
Fast-paced environment.
Requires normal vision (corrected) both close and distant.
Requires normal hearing levels (corrected).
Requires working at a desk to use a phone and computer for extended periods of time.
Requires sitting, bending.
Works effectively with frequent interruptions.
Lifting requirements of 10 lbs. occasionally.
Minimal travel
Benefits Along with a great culture and competitive pay, full-time employees are eligible for the following additional benefits that include:
Medical, dental, and vision insurance
Short-term and long-term disability
401(k) and Roth 401(k) plan and Company match
Company-provided life insurance8 paid holidays
AND MORE!
Pay $90,000.00 to $120,000.00 annually depending on experience, and is eligible for discretionary bonus
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Essential Functions of the Role
Analyze and underwrite Jumbo and Non-QM mortgage loans within compliance guidelines and approved seller variances.
Manage loan conditions and provide recommendations for underwriting waiver and eligibility exceptions.
Communicate with loan originators and processors regarding loan status, approvals, suspensions, denials, and conditions.
Maintain a pipeline of loans adhering to posted service level agreements.
Remain current on loan program requirements and review documents for compliance.
Other duties as assigned.
Classification: Full Time, Non-Exempt
Essential Knowledge/Skills/Abilities
Knowledge of regulatory requirements (RESPA, TILA, etc.)
Strong communication skills
Excellent organizational skills
Highly detail-oriented
Ability to work across organizational boundaries
Strong decision making skills
Advanced problem solving capabilities
Strong critical thinking skills
Proven ability to prioritize and multi-task
Understanding of Government Loan Programs
Experience Requirements
Minimum of five (5) years of mortgage underwriting experience required.
Minimum of three (3) years of underwriting Jumbo and Non-QM loans with complex income analysis required.
National bond program experience preferred.
Education / Licensing Requirements
High school diploma or equivalent required. Some college preferred.
Working Conditions
Fast-paced environment.
Requires normal vision (corrected) both close and distant.
Requires normal hearing levels (corrected).
Requires working at a desk to use a phone and computer for extended periods of time.
Requires sitting, bending.
Works effectively with frequent interruptions.
Lifting requirements of 10 lbs. occasionally.
Minimal travel
Benefits Along with a great culture and competitive pay, full-time employees are eligible for the following additional benefits that include:
Medical, dental, and vision insurance
Short-term and long-term disability
401(k) and Roth 401(k) plan and Company match
Company-provided life insurance8 paid holidays
AND MORE!
Pay $90,000.00 to $120,000.00 annually depending on experience, and is eligible for discretionary bonus
#J-18808-Ljbffr