Scenario Support

Job description

Overview Title: Non-QM/Jumbo Scenario Support: Location: Remote: Salary: $100 - $120k/ year: Schedule: Start Time of 8:30am in PST or MST Position Summary: Brainstorm “What If’” scenarios and inquiries to assist Operations Team. Restructure a problematic loan, recommending alternative product/Investors, and offering suitable credit decisions to keep clients and production staff satisfied. Responsible for all conforming and high-balances loans for both DU/Fannie Mae and LP/Freddie Mac underwriting; ability to underwrite loans using most AUS systems such as DO/DU/Fannie Mae, LP/FHLMC. Experience with most MI Company’s guidelines; MGIC, Genworth, AIG, PMI. Evaluated and analyzed complex business tax returns, partnership and corporation for all submitted loan files. Must have experience with all Agency Guidelines Conv- FHA-VA. Responsibilities: - Respond to scenario questions posed by Loan Officers and processors. - Provide income calculation for loan officers to ensure the income utilized in prequalification is accurate - Review and decision credit, income, asset and property documentation on designated loans for compliance and investor guidelines. - Identify and work through alternat...