Non-QM Mortgage Underwriter

Jet HomeLoans, LP is a National Mortgage Lender headquartered in Jacksonville, Florida. Jet HomeLoans focuses on providing its customers and business partners with the industry's best services.

Position Overview
An Underwriter I is responsible for underwriting complex loan applications and managing an assigned loan pipeline. Additionally, a person in this position is responsible for:

• Underwriting Conventional (Fannie Mae/Freddie Mac) Loans.
• Ensures loan approved are salable and conform to applicable investor and insurer guidelines.
• Keeping up with the most recent investor and insurer guidelines/programs.
• Adhering to company policy and procedures
• Analyzing borrower income (all income types), asset and credit/liabilities documentation.
• Calculating simple and complex income types.
• Ensuring loans within assigned pipeline close timely
• Ensure assigned company Key Risk Indicator (KRI) and Key Performance Indicator (KPI) metrics are met.
• Reviewing and solving complex loan issues
• Developing and cultivating great working relationships with sales, processing, underwriting, closing, secondary and compliance teams and leaders
• Researching and responding timely to internal Quality Assurance and Quality Control reviews
• Report material process and policy infractions/gaps to Underwriting Leadership.
• An Underwriter I reports directly to an Underwriting Manager.

Required Experience:

• 2+ years of new mortgage loan origination processing or underwriting experience.
• Excellent working knowledge of FNMA, FHLMC guidelines
• Deep knowledge of federal and state laws (e.g., TRID, TILA, ECOA and HMDA)
• Sound technical skills with the aptitude to learn/navigate loan origination software and other technologies
• Able to write correspondence and to effectively present information to peers, borrowers and in some cases clients.
• Able to read and interpret various loan documents such as promissory notes, agency/investor and legal directives and other loan documents.
• Able to define problems, collect data, establish facts and provide information to resolve the situation.
• Able to work well under pressure, meet multiple and sometimes competing deadlines.
• Able to apply basic math; calculate figures and amounts such as discounts, interest, commissions and percentages.
• Basic computer skills required: word processing, email, and mortgage software.

Preferred Experience:

• 2-3yrs of Ellie Mae Encompass Loan Origination System Experience
• Microsoft Excel proficiency

Expectations:

• Facilitate an excellent working relationship with internal and external customers by developing and maintaining respect, communicating effectively and providing excellent customer service.
• Maintain a high level of integrity, confidentiality and trust.
• Effectively problem solve by using judgment based upon knowledge of existing management policies and departmental practices and procedures.
• Meet established productivity, loan quality and task management standards.
• Ensure confidentiality of client records.
• Demonstrate a commitment to the Company Culture.
• Respond to phone calls and emails within the same workday.

Workplace Requirements:

• Able to navigate a standard office environment (remotely and/or in office)