JBA International

Senior Underwriter NonQM/Non-Agency

JBA International  •  Chatsworth, CA (Onsite)  •  4 months ago
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Job Description

CAKE Mortgage is a cutting-edge wholesale mortgage lender specializing in Non-QM products. We're redefining the lending experience with innovative programs, streamlined processes, and a commitment to speed and precision. As we grow, we're looking for forward-thinking professionals who thrive in fast-paced, collaborative environments.

We are seeking a certified Senior Underwriter NonQM and Non-Agency to join our team here at Cake Mortgage. These individuals will have extensive background making manual credit decisions on a broad spectrum of loans on a delegated basis to include experience working with DSCR, Bank Statement, P&L, WVOE, 1099, and Asset Utilization loans.

Key Responsibilities
  • This is an in-office role ONLY
  • Be primary point of contact as subject matter expert (SME) assisting salesforce and business partners in structuring eligible loans in conjunction with the Company’s third-party originators.
  • Interpret and provide appropriate loan solutions for NonQM/Non-Agency loan requests
  • Analyze borrower’s credit file, collateral and capacity to ensure credit-worthiness
  • Perform manual underwriting review to ensure loan meets all product and property guidelines of Company and investors, as well as compliance with corporate and secondary market investor standards.
  • Underwrite Non-Agency/NonQM correspondent, wholesale/broker and retail loans in a timely manner to ensure loan meets all product and property guidelines of Company and investors, as well as meeting all established loan policies, credit limits and regulatory requirements.
  • Clear conditions timely on loans; affirm data integrity on all submissions
  • Identify potential misrepresentation or fraud.
  • Keep up-to-date with all guideline changes and system enhancements.
Requirements
  • Working knowledge of Non-Agency/NonQM underwriting guidelines demonstrated through a minimum of 5+ years underwriting experience on Non-Agency/NonQM products
  • Experience with DSCR, Bank statement, P&L Only, WVOE Only, 1099 Only
  • Ability to read and comprehend new programs and underwriting guidelines
  • FHA and VA underwriting experience preferred
  • Working knowledge of Microsoft products
  • Experience with LOS platform Encompass
  • High attention to detail and effective problem-solving skills
  • Ability to work independently, with minimal supervision
  • Ability to multitask in a high-volume environment
  • Excellent written and oral communication skills
  • Continuous focus on the customer experience
JBA International

About JBA International

JBA is over 35 year old company leading the way for the future of work, GenAI and digital transformation. Started by two Software Engineers, we have serviced many industries with consulting, workforce, and innovation projects-- Insurance, Banking, Legal, Defense, Entertainment, Tele-Comm and more.

We look at every opportunity as a project whether facilitating connections between talent and companies or working with business owners and executives in how to build automation, improve operations, and build out successful teams.

We hope you can use our page as a resource for current opportunities we have, as well as reaching out with your thoughts on the industry.

Industry
Consulting & Advisory
Company Size
51-200 employees
Headquarters
Pasadena, CA
Year Founded
1988
Website
jba.com
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