Job Description
Note: The job is a remote job and is open to candidates in USA. Newfi Lending is a leading Non-QM lender founded in 2014 and headquartered in Emeryville, CA. They are seeking a DSCR NQM Underwriter to analyze the accuracy and compliance of residential mortgage loan applications, minimizing risk exposure by certifying applications are underwritten to applicable parameters. Responsibilities • Completing a thorough analysis of loan applications to assess accuracy of data, evaluate risk and compliance with company and investor guidelines and subsequently issuing compliant loan decisions • Subsequent review of resubmitted documentation and analysis as necessary to issue a final loan decision • Responding to loan audits and post-closing requests for additional documentation in a timely manner • Completing self-provisioned and assigned training and research to maintain a current working knowledge of investor guidelines and policies • Other duties as assigned by Supervisor or Manager • Completing self-provisioned and assigned training and research to maintain a current working knowledge of agency and investor guidelines and policies Skills • 3+ years current experience as an underwriter reviewing all facets of the credit file, including collateral, and condo documents to Non-QM Loan guidelines, specifically DSCR products • 5+ years minimum prior underwriting experience • Must have current or recent experience in underwriting DSCR loans • Excellent analytic skills, attention to detail, and decision-making skills • Professional and effective interpersonal skills. Ability to build strong relationships with internal business partners to achieve success • Excellent level of oral and written communication skills. Ability to communicate across a variety of audiences • Ability to work within time constraints • Intermediate level of computer skills and the ability to function in a windows environment utilizing Outlook, Word, and Excel • Ability to rapidly acquire detailed knowledge of departmental policies, practices and procedures • Strong time management skills, fast learner, self-motivated, and comfortable taking initiative and handling multiple responsibilities • Committed to taking responsibility and ownership for agreed actions and delivery Benefits • Competitive compensation • 401k matching, fully vested after 3 years of employment. • Full medical, dental and vision. • Access to leadership and career growth opportunities. • Monthly Incentive plan Company Overview • Newfi Lending is reshaping the mortgage experience through a combination of proprietary technology and product innovation. It was founded in 2014, and is headquartered in Emeryville, California, USA, with a workforce of 51-200 employees. Its website is Apply tot his job