Newrez LLC
Overview
Non-QM Underwriter
role at
Newrez LLC This description outlines the responsibilities, qualifications, and benefits for the Non-QM Underwriter position. It emphasizes on-site essential functions and the company’s commitment to training, collaboration, and productivity. Responsibilities
Review, analyze, and make final determinations on loan submissions using manual underwriting guidelines and validating recommendations. Underwrite Jumbo loans and special programs as determined by lending authority set by management. Collaborate with Correspondent or Consumer Lending to identify potential solutions/alternatives for difficult or denied loan files. Communicate with internal and external clients and UW Vendors on inquiries related to loans underwritten by the company/vendors. Research and respond to team lead on loans requiring escalation, and summarize issues, concerns, and recommendations. Proactively address underwriting submission deficiencies. Provide back-up support to the Team Leader to ensure efficient operations and timely workflow. Review and maintain guidelines to stay up to date with all requirements. Review audit files for Quality/Funding issues to determine compliance and acceptance of loans. Assist in correcting delivery violations and government deficiencies on specific files as required. Analyze Trust agreements as needed. Participate in the orientation of new personnel to ensure consistency. Provide technical support for systems as necessary. Perform related duties as assigned by supervisor. These essential functions are fundamental to the role and must be performed on-site, as they cannot be performed remotely. The company considers in-person presence important for oversight, training, collaboration, and productivity. Items not marked as essential on-site may still require partial on-site work. Education and Experience
High School Diploma or equivalent required; 4-year college degree preferred. Minimum of five (5) years underwriting experience with conforming and non-conforming loans required. Minimum six (6) years of mortgage banking experience required, including Jumbo Loans and/or Government Products. Knowledge, Skills, and Abilities
Government designations preferred. Ability to differentiate between first and second mortgage underwriting. Ability to handle secure and private information. Technical experience: Windows, Excel, Word, PowerPoint, underwriting software and systems. Ability to stay current with the business environment within third-party lending. Excellent customer service and analytical skills. Excellent verbal and written communication skills. Ability to work independently and adapt to a constantly changing environment. Creative and innovative problem-solving abilities. Additional Information
While this description is intended to reflect the position’s requirements, it does not imply these are the only responsibilities. Management reserves the right to modify, add, or remove duties as necessary. All employees are required to have smartphones meeting company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement. Benefits
Medical, dental, and vision insurance Health Savings Account with employer contribution 401(k) Retirement plan with employer match Paid Maternity Leave/Parental Bonding Leave Pet insurance Adoption Assistance Tution reimbursement Employee Loan Program Newrez Employee Emergency and Disaster Fund Newrez NOW
Corporate Social Responsibility program with volunteering, philanthropy, nonprofit grants, and more 1 Volunteer Time Off (VTO) day for volunteer events Employee Matching Gifts up to $1,000 per employee Newrez Grants Program: resources to donate time or money Equal Employment Opportunity
We’re proud to be an equal opportunity employer and celebrate our employees’ differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better. CA Privacy Policy CA Notice at Collection Job Details
Seniority level: Mid-Senior level Employment type: Full-time Job function: Finance and Sales Referrals increase your chances of interviewing at Newrez LLC. Get notified about new Underwriter jobs in Texas, United States.
#J-18808-Ljbffr
Non-QM Underwriter
role at
Newrez LLC This description outlines the responsibilities, qualifications, and benefits for the Non-QM Underwriter position. It emphasizes on-site essential functions and the company’s commitment to training, collaboration, and productivity. Responsibilities
Review, analyze, and make final determinations on loan submissions using manual underwriting guidelines and validating recommendations. Underwrite Jumbo loans and special programs as determined by lending authority set by management. Collaborate with Correspondent or Consumer Lending to identify potential solutions/alternatives for difficult or denied loan files. Communicate with internal and external clients and UW Vendors on inquiries related to loans underwritten by the company/vendors. Research and respond to team lead on loans requiring escalation, and summarize issues, concerns, and recommendations. Proactively address underwriting submission deficiencies. Provide back-up support to the Team Leader to ensure efficient operations and timely workflow. Review and maintain guidelines to stay up to date with all requirements. Review audit files for Quality/Funding issues to determine compliance and acceptance of loans. Assist in correcting delivery violations and government deficiencies on specific files as required. Analyze Trust agreements as needed. Participate in the orientation of new personnel to ensure consistency. Provide technical support for systems as necessary. Perform related duties as assigned by supervisor. These essential functions are fundamental to the role and must be performed on-site, as they cannot be performed remotely. The company considers in-person presence important for oversight, training, collaboration, and productivity. Items not marked as essential on-site may still require partial on-site work. Education and Experience
High School Diploma or equivalent required; 4-year college degree preferred. Minimum of five (5) years underwriting experience with conforming and non-conforming loans required. Minimum six (6) years of mortgage banking experience required, including Jumbo Loans and/or Government Products. Knowledge, Skills, and Abilities
Government designations preferred. Ability to differentiate between first and second mortgage underwriting. Ability to handle secure and private information. Technical experience: Windows, Excel, Word, PowerPoint, underwriting software and systems. Ability to stay current with the business environment within third-party lending. Excellent customer service and analytical skills. Excellent verbal and written communication skills. Ability to work independently and adapt to a constantly changing environment. Creative and innovative problem-solving abilities. Additional Information
While this description is intended to reflect the position’s requirements, it does not imply these are the only responsibilities. Management reserves the right to modify, add, or remove duties as necessary. All employees are required to have smartphones meeting company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement. Benefits
Medical, dental, and vision insurance Health Savings Account with employer contribution 401(k) Retirement plan with employer match Paid Maternity Leave/Parental Bonding Leave Pet insurance Adoption Assistance Tution reimbursement Employee Loan Program Newrez Employee Emergency and Disaster Fund Newrez NOW
Corporate Social Responsibility program with volunteering, philanthropy, nonprofit grants, and more 1 Volunteer Time Off (VTO) day for volunteer events Employee Matching Gifts up to $1,000 per employee Newrez Grants Program: resources to donate time or money Equal Employment Opportunity
We’re proud to be an equal opportunity employer and celebrate our employees’ differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better. CA Privacy Policy CA Notice at Collection Job Details
Seniority level: Mid-Senior level Employment type: Full-time Job function: Finance and Sales Referrals increase your chances of interviewing at Newrez LLC. Get notified about new Underwriter jobs in Texas, United States.
#J-18808-Ljbffr