PLACE

Non-QM Underwriter

PLACE  •  $36.06 - $38.46/hr  •  Remote  •  3 months ago
Expired
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Job Description

WHO WE ARE

We are committed to a supportive, diverse, and inclusive culture, living our values of Rigor, Ownership, Curiosity, Kindness, and "Straight Up" to promote equality and financial empowerment. Intrigued? Say hello!

WHO YOU ARE

  • Excellent analytical & communication skills
  • Must be conversant with Non-QM regulations
  • Ability to work in a fast-paced multi-tasked environment
  • Thorough knowledge of federal and state laws pertaining to the mortgage banking industry (i.e.: TILA, ECOA, RESPA, etc.)
  • Strong appraisal review skills
  • Great organizational and customer service skills
  • Expert knowledge of AUS systems (DU, LP)
  • Ability to underwrite/review complex purchase and refinance transactions
  • Ability to work independently as well as part of a team
  • A full understanding of recent FNMA/FHLMC underwriting guidelines is required
  • Experience with Non-QM loan products and guidelines
  • Strong understanding of Non-QM borrower profiles and documentation requirements

WHAT YOU’LL BE DOING

  • A thorough review of loan files to determine deficiencies and/or issues
  • Concise and accurate conditioning of loan files
  • Meet turn time objectives
  • Analyze complex tax returns
  • Communicate with the processor and LO in a positive manner in order to assist in moving files to closing as quickly as possible
  • Concise and accurate input of data
  • Run AUS and vendor software and analyze the results
  • Complete a thoughtful and thorough review and sign off of appraisals
  • Clear conditions as submitted while meeting turn-time objectives
  • Maintain acceptable quality control metrics
  • Ability to train and mentor peers
  • Support and work on multiple loans to one borrower
  • Proficient at client operating system
  • Evaluate Non-QM loan applications to ensure compliance with investor guidelines and company policies
  • Identify and mitigate potential risks associated with Non-QM loans

IDEALLY, YOU’LL HAVE

  • 5+ years in Non-QM underwriting
  • Experience with Non-QM loan origination systems and software
  • Knowledge of alternative income verification methods and asset utilization strategies

Compensation Range: $36.06/hr - $38.46/hr depending on experience.

WHAT WE OFFER YOU

Here, you get an opportunity to be a vital part of an agile team of thinkers and doers collaborating to change a multi-trillion dollar industry. We offer meaningful equity, a competitive salary, top-tier medical, dental, and vision insurance, flexible work hours, and vacation time.

PLACE

About PLACE

PLACE is an end-to-end technology and business services platform designed to simplify the real estate lifecycle for both consumers and their real estate agents. We partner exclusively with leading real estate teams, regardless of brokerage, in 100+ locations across the United States and Canada. Some of the nation’s top producing real estate teams choose to partner with PLACE because, unlike many of the other tech companies in our industry, we feel cutting-edge proptech should support the hardest working agents instead of eliminating them.

At the forefront of our business is a consumer services model that takes the guesswork out of real estate. Clients of PLACE-powered agents will have access to a one-stop shop that streamlines the traditionally complicated process of buying, selling, maintaining, and investing in properties. Our upcoming products include in-house mortgage brokers, title and escrow services, an insurance portal, and a home improvement network referral system, among other exciting initiatives.

In addition, PLACE’s proprietary technology and business services platform helps agents offload up to 75% of their operations tasks so they can focus on being a key advisor to their clients. PLACE partners value relationships over transactions because we take care of team accounting, bookkeeping, human resources, in-house legal, design and marketing, videography, talent acquisition, business training and coaching. Agents within PLACE-powered teams have access to employee-like benefits that are notoriously unavailable to Realtors, even at the highest production levels.

Our industry is changing and we want to bring the best candidates along for the ride. We are actively recruiting for new PLACE partners, open positions within our headquarters team, and on behalf of existing PLACE partners across the US. If you want to contribute to changing the real estate transaction and homeownership process for the better, join us today.

Industry
Real Estate & Property
Company Size
1,001-5,000 employees
Headquarters
Bellingham, WA
Year Founded
2020
Website
place.com
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