Jumbo Underwriter

Job description

Overview Position : Jumbo Underwriter: Location: U.S Remote: Position Summary: Primary responsibilities include providing the thorough evaluation of credit and property documents in loan files, identify potential risks, and advise as to the appropriate decision of the file as it relates to approving, declining or suspending the loan based upon New American Funding's underwriting guidelines concerning borrower eligibility and investors' requirements. Other duties include maintaining underwriting turn times, working with processors and loan officers to provide guidance on a case-by-case basis, and keep up with guidelines as set forth by Fannie Mae, Freddie Mac, Appendix Q, and multiple delegated Jumbo investors. Responsibilities: - Review all loan submissions submitted by production and origination staff and generate initial credit decision in accordance with FNMA, FHLMC, Non-Agency Jumbo, New American Funding Non-QM, and other private investor guidelines as well as internal overlays. - Ability to underwrite to multiple Non-Agency Jumbo investors in a changing market and regulatory environment. - Evaluate mortgage loan applications to determine eligibility, acceptability, and complia...