Non-QM Underwriter (Scenario Support)

Founded in 2000, Plaza Home Mortgage, Inc. is a privately owned, full-service national lender, offering Wholesale, Correspondent, Renovation and Reverse residential mortgages. Headquartered in San Diego, California, Plaza employs a network of sales associates to serve its clients nationwide.

Plaza is dedicated to building quality, long-term relationships with its mortgage broker and correspondent clients by offering comprehensive programs and exceptional customer experience.

The Non-QM Underwriter (Scenario Support) plays a critical role in supporting the Non-QM Underwriting team and the Sales Team by providing expert-level guidance on loan scenarios, conducting complex income analysis, facilitating investor exception requests, and assisting with credit decisions. This full-time, non-managerial position requires deep knowledge of Non-QM underwriting guidelines, strong communication skills, and the ability to collaborate with internal and external stakeholders.

Job Duties:

• Serve as a primary point of contact for scenario inquiries and underwriting guidance related to Non-QM loan products.
• Perform pre-submission income calculations for complex income types including bank statements, P&Ls, asset depletion, etc.
• Assist Non-QM Underwriting Managers with guideline interpretation, condition clarification, and resolution of file-level questions.
• Collaborate with investors to submit and track exception requests, working closely with Underwriters and Sales to gather necessary documentation.
• Support the administrative and post-closing team on Non-QM investor suspense items as needed.
• Maintain strong working knowledge of Non-QM investor guidelines and internal policies.
• Contribute to team meetings, training sessions, and continuous improvement initiatives.

Qualifications:

• Expert knowledge of Non-QM income documentation and underwriting guidelines
• Recent experience in manual underwriting and credit review
• Strong analytical and problem-solving skills
• Excellent oral and written communication skills
• Ability to prioritize and multitask in a fast-paced environment
• High proficiency in Microsoft Excel and other standard office software
• High school diploma or equivalent required; college degree preferred
• Minimum 4 years of experience in mortgage underwriting or a related credit role
• Minimum 2 years specific to Non-QM loan products

Work Environment: This is a remote position.

Compensation and Benefits:

Estimated Rate of Pay:

$38.50 - $43.30
This position is full-time; non-exempt.

The estimated range is the budgeted amount for this position. Final offers are based on various factors, including skill set, experience, location, qualifications and other job-related reasons.

In addition, Plaza offers a competitive benefits package; including medical/dental/vision, paid time off and holidays, 401(k), life and pet insurance. Plaza also offers additional benefits such as Accident, Hospital, and Critical Illness insurance, and Flexible spending accounts along with a variety of discounted services.

Plaza is an EEOC employer and follows all federal, state, and local laws relating to fair employment.
Plaza Home Mortgage, Inc. is committed to preventing, stopping and remedying all forms of discrimination that occur in its workplace. Managers are accountable for keeping Plaza's workplace free from discrimination and ensuring that Plaza provides equal employment opportunity for all in the workforce and for those seeking to become members of Plaza's workforce.

Plaza's employees are protected by laws designed to protect employees from discrimination on the bases of race, religion, color, sex, pregnancy, gender identity, sexual orientation, parental status, national origin, age, disability, family medical history or genetic information, political affiliation, military service, or any other non-merit based factor. These protections extend to all management practices and decisions, including recruitment and hiring practices, appraisal systems, promotions, and training and career development programs. Plaza's employees are also protected against retaliation if they engage in a protected activity, whistleblowing, or the exercise of any appeal or grievance right provided by law.

This information is provided by Plaza Home Mortgage, Inc. as a courtesy to its mortgage professional clients and the public and is meant for instructional purposes only. None of the information provided is intended to be legal advice in any context. Plaza does not guarantee, warrant, ensure or promise that information provided is accurate. Terms and conditions of programs and guidelines are subject to change at any time without notice. Any unauthorized use or distribution of this information is strictly prohibited. This is not a commitment to lend. ® 2024 Plaza Home Mortgage, Inc. Plaza Home Mortgage and the Plaza Home Mortgage logo are registered trademarks of Plaza Home Mortgage, Inc. All other trademarks are the property of their respective owners. All rights reserved. Plaza Home Mortgage, Inc. is an Equal Housing Lender. Plaza NMLS 2113

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Plaza NMLS 2113

Equal Opportunity Employer


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