Non-Agency Underwriter
Description
CrossCountry Mortgage (CCM) is one of the nation’s top 3 retail mortgage lenders with more than 7,000 employees operating nearly 600 branches across all 50 states. We have been recognized nine times on the Inc. 5000 list of America’s fastest-growing private businesses and have received countless awards for our standout culture. Through our dedication to getting it done, we make every mortgage feel like a win.
A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You’ll get unwavering support from all departments and total transparency from the top down.
CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program.
Position Overview:
The Non-Agency Underwriter is responsible for validating income, asset and collateral documents including self-employed tax returns. Expertise must be Non-Agency Jumbo Loans with a minimum of 3 years’ Non-Agency experience.
Job Responsibilities:
- Evaluates loan applications for risks and various criteria such as investor requirements, accuracy, consistency and completeness.
- Ability to calculate qualifying income including analyzing tax returns and financial statements.
- Thorough knowledge of reviewing Residential appraisals.
- Review and analyze borrower profiles, credit reports, title reports, income documentation and assets, including complex business returns and financials.
- Review new loan files to ensure loan meets investor and program criteria. Must meet minimum Production Requirements.
- Review all eligible investors.
- Encompass Experience, preferred.
- Manage individual pipeline on a daily basis by completing new underwriting reviews, condition reviews and other underwriting tasks within established turn times.
- Communicate and engage proactively with loan originators, processors, branch managers, funders and post-closers in regards to loan decisions, assignment of loan conditions, investor guidelines/documentation requirements and possible loan scenarios.
- Consistently access third party services (valuation, fraud, compliance) to provide valuable input for loan decisions.
- Performs other related duties as assigned.
Qualifications and Skills:
- Bachelor’s degree or equivalent combination of education and experience.
- 3+ years’ Jumbo products Experience.
- DE, SAR or LAPP certifications, highly preferred.
- Working knowledge of ATR/QM Requirements.
- Encompass LOS experience, a plus.
- Proficient in Microsoft Word, Excel and Outlook.
- Excellent communication skills.
- Knowledge of compliance and disclosure requirements.
- Knowledge of closing, post-closing & quality control responsibilities.
Pay Range:
- $43.26-55.28/hr. Eligible for monthly bonus incentive.
The posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position.
This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.
CrossCountry Mortgage, LLC offers MORE than a job, we offer a career. Apply now to begin your path to success! careersatccm.com
CrossCountry Mortgage, LLC strives to provide employees with a robust benefit package: https://mycrosscountrybenefits.com/
California residents: Please see CrossCountry’s privacy statement for information about how CrossCountry collects and uses personal information about California consumers.
CrossCountry Mortgage, LLC. (NMLS3029) is an Equal Opportunity Employer committed to workforce diversity. Qualified applicants will receive consideration without regard to race, religion, creed, color, orientation, gender, age, national origin, veteran status, disability status, marital status, sexual orientation, gender identity, or gender expression, or any other protected status in accordance with all applicable federal, state and local laws. The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation. The Company is committed to fostering, cultivating and preserving a culture that welcomes diversity and inclusion. Employment is contingent upon successful completion of a background investigation. CrossCountry Mortgage, LLC. 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.