Jumbo Non QM Underwriter

"Rate is one of the nation's top retail mortgage lenders, delivering a seamless, tech-driven experience that helps customers reach their homeownership and financial goals. Founded in 2000 and based in Chicago, Rate is licensed in all 50 states and D.C. and has helped over 2 million homeowners with a wide range of loan products, competitive rates and personalized service. With 5,000+ employees across 300+ offices and 12+ subsidiaries, Rate's Loan Officers rank among the best in the country. From purchases and refinances to tapping into equity, Rate makes financing faster, simpler and less stressful. Our technology - including Same Day Mortgage, the Rate App, FlashClose, MyAccount and the Language Access Program - has earned recognition from HousingWire, Scotsman Guide, NerdWallet, the Chicago Tribune and Crain's Chicago Business. Learn more at rate.com."

Job Profile:

Underwriter - Jumbo

Job Description Summary:

Pay Range: 85k to 100k + Bonus

Job Description:

We are currently seeking a hard-working, dedicated Non-QM Underwriter to join our innovative and passionate team.

Only Candidates willing to work PST, or HST will be considered

Responsibilities:

• As an Underwriter you will be responsible for but not limited to the underwriting of residential loans ensuring compliance with appropriate company and investor standards
• A Mortgage Underwriter will be responsible for examining loan documentations for accuracy and completeness while working with loan originator or production staff to secure all required documents
• Mortgage Underwriters may be involved in one or several types of mortgage lending (conventional, government-backed, etc.)
• You may be required to work with more senior mortgage underwriters on loan exceptions having the authority to withdraw and decline loans
• You may also be required to respond directly to individual and investor audits
• Includes all levels of underwriting authority and exception levels

Qualifications:

• Non-QM Underwriting experience
• 5+ years of mortgage underwriting experience
• 5+ years of FHA/VA, Conventional, and USD/RD underwriting experience
• Experience with underwriting to multiple lender guidelines and requirements
• Knowledge of Non-QM Underwriting requirements. Including but not limited to full doc, DSCR, Bank statement loans, and other Alternative Loan Doc products.
• Critically examine credit, income and asset documents and review title policy and appraisals

Additional Job Description Summary:

Rate is an Equal Opportunity Employer that welcomes and encourages all applicants to apply regardless of age, race, sex, religion, color, national origin, disability, veteran status, sexual orientation, gender identity and/or expression, marital or parental status, ancestry, citizenship status, pregnancy or other reason protected by law.

The company offers a comprehensive benefits program to eligible employees, including eligibility to participate in a company-sponsored 401(k); vacation benefits; eligibility for medical, dental, vision, and prescription drug benefits; flexible benefits (e.g., healthcare and/or dependent day care flexible spending accounts); life insurance and death benefits; critical care insurance; personal accidental insurance; commuter benefits; pet insurance; certain time off and leave of absence benefits; well-being benefits (e.g., employee assistance program); and other supplemental benefits (e.g. legal planning assistance; identity theft protection; pet insurance; wellness resources).

The company offers a comprehensive benefits program to eligible employees, including eligibility to participate in a company-sponsored 401(k); vacation benefits; eligibility for medical, dental, vision, and prescription drug benefits; flexible benefits (e.g., healthcare and/or dependent day care flexible spending accounts); life insurance and death benefits; critical care insurance; personal accidental insurance; commuter benefits; pet insurance; certain time off and leave of absence benefits; well-being benefits (e.g., employee assistance program); and other supplemental benefits (e.g. legal planning assistance; identity theft protection; pet insurance; wellness resources).

Please click this link to learn more about our benefit offerings for Washington State: Benefit Offerings for Washington State