Post-Close Underwriter (Non-QM)

CAKE Mortgage is a cutting-edge wholesale mortgage lender specializing in Non-QM products. We're redefining the lending experience with innovative programs, streamlined processes, and a commitment to speed and precision. As we grow, we're looking for forward-thinking professionals who thrive in fast-paced, collaborative environments.

We are seeking a skilled and detail-oriented Post-Close Underwriter to join our mortgage operations team. This dual-role professional is responsible for reviewing closed loans for compliance, underwriting accuracy, and clearing conditions identified by third-party due diligence (TPR) firms or investors. The ideal candidate has a strong understanding of agency, Non-QM and government and investor guidelines, post-closing workflows, and audit remediation processes.

Key Responsibilities

• Conduct post-close reviews of funded mortgage loan files to ensure loans were underwritten and closed in compliance with FNMA, FHLMC, FHA, VA, USDA, Cake Non-QM and investor guidelines.
• Validate credit, income, asset, and collateral documentation against the original underwriting decision.
• Confirm that all loan conditions were properly satisfied prior to funding.
• Identify and document any deficiencies, inconsistencies, or compliance issues.
• Review findings and conditions issued by third-party review (TPR) firms, aggregators, or investors during post-close quality control.
• Research and respond to TPR conditions with supporting documentation, updated calculations, or narrative explanations.
• Coordinate with internal teams (underwriting, closing, compliance) to gather necessary documents for clearance.
• Track and report status of open TPR conditions to internal stakeholders.
• Maintain detailed audit trails of all communications and clearance actions.
• Assist in analyzing trends in TPR findings to identify process improvements or training needs.

Requirements

• Minimum 3-5 years of mortgage underwriting experience.
• Experience responding to TPR or investor loan reviews is strongly preferred.
• Strong knowledge of agency and investor guidelines (FNMA, FHLMC, FHA, VA USDA and Non-QM).
• Familiarity with LOS platforms such as Encompass, DU/LP, and investor delivery systems.
• Excellent organizational skills, analytical thinking, and attention to detail.
• Ability to communicate findings professionally and clearly in written responses.
• Comfortable working in a fast-paced, deadline-driven environment.

Why Join CAKE Mortgage?

• Be part of a fast-growing company changing the game in Non-QM.
• Competitive compensation and performance-based bonuses.
• Collaborative and entrepreneurial culture.
• Opportunities for career advancement and innovation.

Cake Mortgage does not tolerate discrimination of any type. Cake Mortgage offers equal employment opportunity to all qualified persons without regard to race, age, color, religion, sex/gender, gender identity, sexual orientation, marital status, medical condition, military or veteran status, national origin, ancestry, disability, or any other considerations made unlawful by Federal, State, or Local law. Cake Mortgage provides eligible and qualified employees with opportunities to advance. Cake Mortgage is an at-will employer. Cake Mortgage is committed to providing employees with a work environment free of discrimination and harassment.

Salary Description


$80,000.00 to $100,000.00