Talent.com
Non-QM Senior Underwriter (Aspire)

Non-QM Senior Underwriter (Aspire)

Redwood Trust IncEnglewood, CO, US
1 day ago
Job type
  • Full-time
Job description

Job Description

Job Description

  • Please note that this role is open to Denver, Dallas, Minneapolis, and Remote

Position Summary

The position requires expert mortgage underwriting and credit knowledge, clear communication skills, consistently outstanding client service, and proven problem solving and decision-making skills. The successful candidate must have a high level of interaction with internal parties (trading, sales, legal and compliance, structured finance) and external parties (Sellers, 3rd party service providers). This position requires the candidate to be a subject matter expert in the conforming and non-conforming space for Non-QM loans.

Responsibilities & Duties

  • Ability to analyze the underwriting of conventional and jumbo Non-QM mortgage loans in a timely manner for completeness and compliance with Redwood purchase guidelines and approved Seller variances
  • Must be able to analyze multiple alternative income methods of income, (ie : complicated tax returns, bank statements, DSCR, 1099, asset depletion.)
  • 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
  • Provide support to Redwood Sellers by evaluating and supplying feedback on loan scenarios, at times based on limited information
  • Understand and effectively work with Seller variances to product eligibility and underwriting guidelines
  • Participate in and provide clear feedback on credit policy recommendations
  • 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
  • Participate with Credit in onboarding new Non-QM sellers and provide underwriting training as needed
  • Consistently access third party services (valuation, fraud, compliance) to provide valuable input for loan decisions
  • Required Experience & Education

  • 7+ years of recent mortgage industry experience
  • 3+ years recent conforming Non-QM underwriting experience
  • 3+ years of recent jumbo Non-QM underwriting or complex / alternative income analysis
  • Expert underwriting knowledge and extensive experience with loan origination documentation as well Fannie and Freddie selling guides
  • Technologically savvy, with the ability to work in varied systems
  • Proficiency with Excel, loan origination systems, 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
  • A reasonable estimate of the total compensation range for this role is $92,000-$112,000. The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors. CoreVest also offers a competitive benefit package including discretionary corporate bonus program, multiple health plans, STD and LTD options, company sponsored life insurance, fitness reimbursement, paid parental leave, time to volunteer, Paid Time off, ESPP, and 401K matching.

    At Redwood Trust, we are committed to fostering an inclusive workplace where diversity is valued, and everyone has the opportunity thrive. We welcome applications from individuals of all backgrounds and experiences. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

    Create a job alert for this search

    Senior Underwriter • Englewood, CO, US

    Related jobs
    • Promoted
    Underwriter - Miscellaneous Medical

    Underwriter - Miscellaneous Medical

    Beazley GroupDenver, CO, United States
    Full-time
    Underwriter - Miscellaneous Medical.As per Beazley's organisation chart.Brokers, Underwriters, Claims staff, Coverholders, external Clients and Suppliers. To underwrite a Miscellaneous Medical & Lif...Show moreLast updated: 30+ days ago
    • Promoted
    Non-QM Senior Underwriter (Aspire)

    Non-QM Senior Underwriter (Aspire)

    Redwood TrustEnglewood, CO, United States
    Full-time
    Please note that this role is open to Denver, Dallas, Minneapolis, and Remote.The position requires expert mortgage underwriting and credit knowledge, clear communication skills, consistently outst...Show moreLast updated: 1 day ago
    • Promoted
    Underwriter, Wholesale, Senior

    Underwriter, Wholesale, Senior

    Denver StaffingDenver, CO, US
    Full-time
    Come join our amazing team and work remote! The Wholesale Underwriter will underwrite loans in accordance with company and investor guidelines following company's policies and procedures under gene...Show moreLast updated: 2 days ago
    • Promoted
    Associate Underwriter

    Associate Underwriter

    Burns & WilcoxCentennial, CO, United States
    Full-time
    When someone needs coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox.Burns & Wilcox offers unparalleled resources and exposure for those looking to grow their...Show moreLast updated: 5 days ago
    • Promoted
    Underwriting Specialist - Multinational Casualty

    Underwriting Specialist - Multinational Casualty

    Denver StaffingDenver, CO, US
    Full-time
    Underwriting Specialist - Multinational Casualty.Zurich is currently looking for an experienced Multinational Casualty Underwriter to join our team in the West Region. This position will focus on La...Show moreLast updated: 2 days ago
    • Promoted
    Property Underwriter

    Property Underwriter

    Hinterland InsuranceDenver, CO, US
    Full-time
    We’re seeking an experienced General Commercial Underwriter within our Property & Package Division.In this role, you’ll assess and evaluate commercial insurance submissions, determi...Show moreLast updated: 24 days ago
    • Promoted
    Senior Underwriter

    Senior Underwriter

    W.R. BerkleyEnglewood, CO, US
    Full-time
    Berkley Surety is a highly professional, service-oriented surety underwriting management company, providing a full spectrum of bonds for contract, environmental, and commercial surety accounts thro...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Underwriter

    Senior Underwriter

    W. R. BerkleyEnglewood, CO, United States
    Full-time
    Berkley Surety is a highly professional, service-oriented surety underwriting management company, providing a full spectrum of bonds for contract, environmental, and commercial surety accounts thro...Show moreLast updated: 9 days ago
    • Promoted
    Senior Underwriter, Healthcare Risk Management

    Senior Underwriter, Healthcare Risk Management

    Liberty Mutual InsuranceDenver, CO, United States
    Full-time
    The Healthcare Risk Management team is a unit within Major Accounts that focuses on mid-sized and large healthcare providers. As part of this specialized unit, you will primarily write Workers' Comp...Show moreLast updated: 9 days ago
    • Promoted
    Senior Underwriter, Technology

    Senior Underwriter, Technology

    ChubbEnglewood, CO, US
    Full-time
    Chubb is seeking a highly motivated and experienced Senior Technology Underwriter to join our team in Denver, Colorado.This role is responsible for underwriting and managing a portfolio of technolo...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Property Underwriter

    Senior Property Underwriter

    Hinterland InsuranceDenver, CO, US
    Full-time
    We are seeking a skilled and detail-oriented Senior Underwriter to join our dynamic team.As a Senior Underwriter, you will be responsible for assessing, evaluating, and underwriting insurance contr...Show moreLast updated: 24 days ago
    • Promoted
    Underwriting Specialist OR Executive Underwriter- Middle Market

    Underwriting Specialist OR Executive Underwriter- Middle Market

    Denver StaffingDenver, CO, US
    Full-time
    Underwriting Specialist Or Executive Underwriter- Middle Market.Zurich Middle Markets has delivered double-digit growth over the last four consecutive years, and we strive to exceed that growth in ...Show moreLast updated: 2 days ago
    • Promoted
    Sr. Management Liability Underwriter

    Sr. Management Liability Underwriter

    ChubbDenver, CO, US
    Full-time
    Chubb is seeking a Senior Underwriter to join our Southwest public company underwriting team.The ideal Underwriter will have experience handling financial lines products for public and / or private c...Show moreLast updated: 28 days ago
    • Promoted
    Underwriter - Small Commercial

    Underwriter - Small Commercial

    MGT InsuranceDenver, CO, United States
    Full-time
    MGT is the first AI-driven, neo-insurer focused on evolving commercial P&C insurance for the brokers and small business owners. By combining the expertise of industry veterans with state-of-the-art ...Show moreLast updated: 5 days ago
    • Promoted
    Underwriting Specialist OR Executive Underwriter- Middle Market

    Underwriting Specialist OR Executive Underwriter- Middle Market

    Zurich Insurance GroupDenver, CO, United States
    Full-time
    Zurich Middle Markets has delivered double-digit growth over the last four consecutive years, and we strive to exceed that growth in the years ahead! We've been committed to assembling a team of de...Show moreLast updated: 5 days ago
    • Promoted
    Commercial Field Underwriter

    Commercial Field Underwriter

    The Jonus GroupDenver, CO, United States
    Full-time
    Job Description : Commercial Field Underwriter.Seeking a dedicated and detail-oriented Commercial Field Underwriter to join a dynamic team. In this role, you will be responsible for evaluating and an...Show moreLast updated: 5 days ago
    • Promoted
    Surety Underwriter

    Surety Underwriter

    Diedre Moire Corp.Highlands Ranch, CO, US
    Full-time
    Sr Underwriter - Contract Surety Insurance - Highlands Ranch, CO Insurance Underwriter Construction Surety Bid Bonds Performance Bonds Payment Bonds Surety Bonds Financial Analysis Risk Assessment ...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Underwriter

    Senior Underwriter

    Redwood TrustEnglewood, CO, United States
    Full-time
    The Senior Underwriter requires expert jumbo mortgage underwriting and credit risk knowledge, clear communication skills, consistently outstanding client service, and proven problem solving and dec...Show moreLast updated: 5 days ago