Job Description
Note: The job is a remote job and is open to candidates in USA. Cornerstone Home Lending is a unique national home lender known for its commitment to customer satisfaction and employee happiness. They are seeking a Jumbo/Non-QM Underwriter to analyze underwriting for Jumbo and Non-Agency mortgage loans, ensuring compliance and managing loan conditions effectively.
- Responsibilities
- Due Diligence Underwriting
- Ability to analyze the underwriting of Jumbo and Non-Agency mortgage loans in a timely manner for completeness and compliance guidelines and approved Seller variances
- Use of manual underwriting requires strong attention to detail
- Manage loan conditions from credit, property, and compliance reviews with Sellers and external 3rd party service due diligence providers
- Evaluate and provide recommendations for underwriting waivers and eligibility exceptions
- Clearly communicate, in written and verbal form, compensating factors to justify exceptions
- Maintain strong knowledge of mortgage compliance rules agency underwriting guidelines and industry standards for appraisal requirements and regulatory compliance
- Participate in evaluating current loan review processes and provide feedback and recommendations to increase efficiency and risk management capabilities
- Consistently review third party services (valuation, fraud, compliance) to provide valuable input for loan decisions
- Skills
- 5+ years of mortgage industry experience
- 5+ years of jumbo and Non-Agency underwriting with complex income analysis required
- Expert underwriting knowledge and extensive experience with loan origination documentation
- Technologically savvy, with the ability to work in varied systems
- Proficiency with automated underwriting engines, electronic document management and other systems
- High attention to detail and effective problem-solving skills
- Excellent client service skills
- Excellent oral and written communication skills
- Excellent multi-tasking skills and ability to manage multiple tasks simultaneously
- Analytical thinking ability, diplomacy and professionalism
- Benefits
- Competitive salary
- Full benefits package
- Potential for a performance-based bonus
- Company Overview
- Cornerstone Home Lending is a full-service mortgage lender. It was founded in 1988, and is headquartered in San Antonio, Texas, USA, with a workforce of 1001-5000 employees. Its website is https://www.houseloan.com.
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