4 Nonqm Loans Jobs

As a valued member of the SitusAMC team, your primary responsibility will be to review and verify loan applications along with supporting documentation. Your expertise in analyzing loan risk and ensuring compliance with regulatory standards will be crucial in this role. You will also be tasked with conducting thorough analysis of property appraisals to confirm adherence to company criteria. In addition to your core responsibilities, you will collaborate closely with various stakeholders such as Loan Set Up, Compliance Reviewers, Funders, and Client Relationship Managers to facilitate the smooth processing of loans in the pipeline. Your ability to identify portfolio risks and effectively communicate reasons for loan approval or rejection will be instrumental in ensuring operational efficiency. To excel in this position, you must possess a minimum of 5 years of recent US Mortgage front-line underwriting experience. Your familiarity with mortgage policies, compliance laws, and regulations, including TRID, will be essential. Attention to detail, strong time management skills, and a commitment to delivering exceptional customer service are qualities we value in our team members. Furthermore, your proficiency in conducting income analysis from various tax documents, assessing credit reports and bank statements, and utilizing underwriting methods such as DU and LP will be advantageous. Experience with Non-QM loans and familiarity with third-party loan-level Fraud Reports will be considered a plus. At SitusAMC, we recognize and reward talent through a competitive compensation package tailored to your qualifications and market alignment. Additionally, you will have access to a comprehensive benefits plan designed to support your well-being and professional growth. If you are ready to leverage your expertise in the real estate industry and contribute to a dynamic team environment, we invite you to join us at SitusAMC. Your potential for career growth and personal development awaits in an organization dedicated to realizing opportunities for both our clients and our employees.,

As a Non-QM Underwriter, you will be responsible for underwriting and making decisions on Non-QM loans in accordance with all relevant regulations. Your role will involve underwriting various Tiers, including complex loan transactions, while ensuring compliance with company policies and guidelines. It is essential to maintain client SLA expectations by meeting individual Underwriter quality benchmarks and production goals within specified turn times. Your duties will include analyzing income calculations, debt-to-income ratios, asset statements, financial statements, as well as personal and business income tax returns to make informed decisions. You will also assess appraisal reports, collateral offered in loan applications, and title opinions to determine acceptability and appropriate loan-to-value ratios for decision-making. Documenting and effectively communicating reasons for loan approval or denial will be a crucial part of your responsibilities. To excel in this role, you are required to have a graduation degree and a minimum of 2 years of mortgage underwriting experience, including front-end and live underwriting. Prior supervisory skills would be an added advantage. Strong written and verbal communication skills are essential, along with proficiency in reading, writing, and understanding the English language. You should be able to interpret borrower documentation, company policies, procedures, guidelines, reports, and legal documents, as well as respond to inquiries or complaints from clients effectively. Additionally, you should demonstrate initiative, drive for results, and the ability to work independently. Problem-solving, decision-making, and quality acumen are key skills required for this role. You must have the capability to analyze data and reports to provide accurate assessments while working with minimal supervision. Proficiency in Microsoft Excel, Word, and Outlook, along with strong organizational skills, will contribute to your success in this position.,

As a Senior Underwriter in the Residential Mortgage industry, you will be part of the Shared Services function that aims to deliver operational support to Business Units within the organization. Your role will involve reviewing and verifying loan applications, analyzing loan risks, ensuring compliance with regulatory standards and company policies, and communicating loan conditions to stakeholders. Additionally, you will be responsible for identifying portfolio risks, documenting loan decisions, and performing other tasks as assigned by your manager. To excel in this role, you should possess a strong understanding of mortgage guidelines and policies for various loan types such as VA, FHA, Client, FHLMC & USDA. Your expertise should include analyzing qualifying income from tax documents, credit reports, and bank statements, as well as experience in both automated underwriting systems (AUS) and manual underwriting methods. Familiarity with fraud detection tools and industry-standard loan origination systems like Encompass, BytePro, Calyx, Empower, or Lending QB is preferred. The ideal candidate will have at least 5 years of recent US Mortgage underwriting experience, with a background in compliance review, disclosures preparation, closing, and due diligence within the residential mortgage sector. You should stay updated on mortgage policies, compliance laws, and regulatory changes, including TRID, to ensure accurate and efficient underwriting processes. Your commitment to quality, excellent time management skills, and ability to work independently while meeting deadlines will be crucial for success in this role. As a Senior Underwriter, you must demonstrate professionalism, attention to detail, superior communication skills, and proficiency in Microsoft Office applications. This role requires you to work under pressure, adhere to company policies, and maintain a positive attitude while delivering exceptional customer service. This position is based in the office, with working hours aligned with the US time zone (India Night Shift). If you are seeking a challenging opportunity to leverage your underwriting skills in the residential mortgage industry, this role offers a dynamic environment where you can contribute to the success of the organization while ensuring compliance and quality in loan processing.,

The Senior Underwriter (Residential) position requires you to relocate to Pune, Mumbai, or Bangalore and work from the office during US timings night shift (EST). As a Senior Underwriter, your primary responsibilities include reviewing and verifying loan applications, analysing loan risk, ensuring compliance with regulatory standards and company policies, and documenting loan conditions. You will also need to communicate loan decisions effectively and identify portfolio risks from client business practices. Additionally, you may be assigned other tasks by your manager. To excel in this role, you must have a deep understanding of mortgage guidelines for various types of loans such as VA, FHA, FNMA, FHLMC, and USDA. You should be adept at analysing income from tax documents, credit reports, and bank statements. Experience with automated underwriting systems (AUS) and manual underwriting methods is essential, along with knowledge of industry-standard loan origination systems like Encompass, BytePro, Calyx, Empower, or Lending QB. The ideal candidate should have at least 5 years of recent US mortgage underwriting experience and be well-versed in compliance review, disclosures preparation, and closing procedures in the residential mortgage industry. Knowledge of current mortgage policies, compliance laws, and regulations, including TRID, is crucial. Strong attention to detail, time management skills, and commitment to customer service are essential for success in this role. You should be proficient in Microsoft Office, possess strong communication skills, and be able to work independently under pressure while meeting deadlines. Maintaining a positive attitude, punctuality, dependability, and adherence to company policies and procedures are also key aspects of this position. This is a work-from-office role requiring you to work during US hours (India Night Shift).,