Jumbo/Non-QM Underwriter

Description

Who we are:

Cornerstone Home Lending, a division of Cornerstone Capital Bank, is a unique national home lender with a reputation of amazing service, customer satisfaction, employee retention, and happiness. We employ people who are passionately committed to Cornerstone's Mission, Vision & Core Convictions. Our brand is known for on-time closings - a key core conviction of Cornerstone. We have successfully navigated our company through many industry cycles and changes in regulations.

We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.

Who we are looking for:

Cornerstone Home Lending is seeking a Jumbo/Non-QM Underwriter to support our offices. Success in this job relies on your time management skills, organization, and positive attitude!

Key Responsibilities:

• Due Diligence Underwriting
• Ability to analyze the underwriting of Jumbo and Non-Agency mortgage loans in a timely manner for completeness and compliance guidelines and approved Seller variances.
• Use of manual underwriting requires strong attention to detail.
• Manage loan conditions from credit, property, and compliance reviews with Sellers and external 3rd party service due diligence providers.
• Evaluate and provide recommendations for underwriting waivers and eligibility exceptions.
• Clearly communicate, in written and verbal form, compensating factors to justify exceptions.
• Maintain strong knowledge of mortgage compliance rules agency underwriting guidelines and industry standards for appraisal requirements and regulatory compliance.
• Participate in evaluating current loan review processes and provide feedback and recommendations to increase efficiency and risk management capabilities.
• Consistently review third party services (valuation, fraud, compliance) to provide valuable input for loan decisions.

What you'll need to be successful:

• 5+ years of mortgage industry experience
• 5+ years of jumbo and Non-Agency underwriting with complex income analysis required
• Expert underwriting knowledge and extensive experience with loan origination documentation
• Technologically savvy, with the ability to work in varied systems.
• Proficiency with automated underwriting engines, electronic document management and other systems
• High attention to detail and effective problem-solving skills
• Excellent client service skills
• Excellent oral and written communication skills
• Excellent multi-tasking skills and ability to manage multiple tasks simultaneously
• Analytical thinking ability, diplomacy and professionalism

What we offer:

Because we recognize and reward hard work, we offer a competitive salary, Medical, Dental, Vision, , Accidental Death, Long-Term Disability, Short-Term Disability, FSA, HSA, 401K, Basic Life, Voluntary Life, and Paid Parental Leave benefits, as well as the opportunity for a performance based bonus based on position and department.

What to do next:

If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're a part of our Cornerstone team, we'll continue to invest in you as a valuable asset to our company. As many of our team members can tell you, there's something special about working at Cornerstone.

We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.