- Lead and manage a team of underwriters to ensure timely and accurate reviews of Non-QM loan submissions.
- Ensure compliance with company guidelines and company policies for Non-QM products, such as bank statement, DSCR, and asset depletion loans.
- Review loan files for completeness and regulatory compliance.
- Provide coaching and training to underwriting staff, fostering performance and professional growth.
- Set and monitor team performance goals to ensure efficiency and quality.
- Ensure underwriting decisions comply with federal and state regulations, including ATR/QM rules and Dodd-Frank.
- Mitigate risks through proactive analysis and sound decision-making.
- Continuously improve underwriting processes and collaborate with internal teams to streamline operations.
- Serve as the subject matter expert on Non-QM products, offering guidance to internal teams and external partners.
- Bachelor’s degree in Business, Finance, or a related field preferred. Equivalent experience will be considered.
- 5-7 years of mortgage underwriting experience, with at least 3 years in a leadership role in Correspondent Lending.
- Strong knowledge of Non-QM loan products and investor guidelines.
- In-depth understanding of Non-QM mortgage guidelines and regulatory requirements.
- Strong leadership and team management skills.
- Ability to make quick, sound underwriting decisions.
- Excellent attention to detail and problem-solving abilities.
- Proficiency in Meridian Link (LOS) and Microsoft Office Suite.
- Effective written and verbal communication skills.
United States
