Non-QM
Underwriter
Join Castor Financial as an Underwriter and be part of a team that simplifies alternative financing. Our common-sense approach to underwriting allows us to provide more borrowers with the opportunity to achieve homeownership. Join us and make a positive impact on the lending industry.
The Opportunity You're Looking For
Job Description
Requirements:
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Working knowledge of non-agency/non-qm underwriting guidelines demonstrated through a minimum of 3+ years underwriting experience on non-agency/non-qm products.
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High attention to detail and effective problem-solving skills.
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Ability to work independently, with minimal supervision.
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Excellent verbal and written communication skills.
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Proficient with Microsoft Office automated underwriting systems.
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Should possess basic computer skills and be able to maintain complete confidentiality.
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Ability to multitask and prioritize time management.
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Continuous focus on the customer experience.
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Ability to adhere to established turn times, productivity and quality metrics.
Responsibilities:
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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.
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Interpret and provide appropriate loan solutions for Non-QM/Non-Agency loan requests.
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Analyze borrower’s credit file, collateral and capacity to ensure credit-worthiness.
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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.
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Underwrite Non-Agency/Non-QM 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.
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Clear conditions timely on loans; affirm data integrity on all submissions.
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Identify potential misrepresentation or fraud.
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Keep up-to-date with all guideline changes and system enhancements.
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Perform other duties as assigned.
Why Castor Financial?
Join a growing company at the forefront of non-QM lending. Make a real impact by helping mortgage brokers expand their business and reach a broader client base. We offer a competitive compensation package, a collaborative work environment, and the opportunity to play a key role in our continued success.
Equal Opportunity Employer
At Castor Financial, we believe that diversity strengthens our team. We are proud to be an equal opportunity employer and value individuals from all backgrounds. We do not discriminate on the basis of race, religion, color, national origin, sexual orientation, age, marital status, veteran status, or disability status.
If you need accommodations to complete the job application, interview process, or to perform essential job functions, please let us know.
