Non-QM Underwriter

Job Description

Job Description

Job Description

The Loan Store, Inc. is a rapidly-growing mortgage company leveraging efficient processes and decades of mortgage expertise to create a successful ecosystem for our broker partners. TLS is laser-focused on being a reputable conventional lender, aggressively priced for brokers to compete in any rate environment. We also focus on providing excellent service to each of our broker partners.

Led by industry veterans, we understand the importance of our symbiotic partnerships with mortgage brokers across the country. We believe the wholesale channel is thriving and are dedicated to perpetuating its growth through best in class service and consistently low rates.

As a TLS Non-QM Mortgage Underwriter:

You will ensure the quality and integrity of underwriting decisions and processes as well as provide exceptional service to all stakeholders involved. This requires extensive knowledge of our Non-QM underwriting guidelines and the ability to address complex loan scenarios. The Non-QM Underwriter role requires the ability to manage a pipeline of loans assigned each day proactively and effectively while maintaining the SLA’s on all job tasks. In addition, the ability to accurately and clearly communicate underwriting decisions and needed documentation to Broker Clients.

Daily responsibilities include, but are not limited to:

• Underwrite and evaluate risk for Non-QM mortgage loans

• Proactively manage a pipeline of loans with a sense of ownership, including daily condition reviews

• Review all mortgage related documentation for accuracy and completeness and meet TLS guidelines

• Request missing documentation necessary to complete the underwriting decision prescriptively and concisely

• Accurately perform compliance reviews and escalations as necessary

• Provide excellent customer service through friendly, professional and responsive communication with both internal and external customers

• Maintain excellent credit quality and daily production standards
• Determine compensating factors and eligibility for exceptions.

Qualifications:

• 2-5 years of mortgage underwriting experience required

• Encompass knowledge preferred

• High school diploma or GED required. BA or BS highly desired

• Proficiency with automated underwriting systems such as DU and LPA

• Self-starter with strong work ethics and professionalism

• Team-player and able to work autonomously to meet critical deadlines

TLS is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, age, color, religion, gender, national origin, disability, sexual orientation or veteran status.

Job Type: Full-time, Remote.