Jumbo / Non-QM Underwriter

Jumbo / Non-QM Underwriter Opportunity

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, and 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. We are 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 third-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

As an equal opportunity employer, the company prohibits discrimination against any applicant or team member based on any legally-recognized basis, including, but not limited to race, color, religion, sex, pregnancy (including lactation, childbirth or related medical conditions), sexual orientation, gender identity and expression, age (40 and over), national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed servicemember status or any other status protected by federal, state or local law. Our commitment to equal opportunity employment applies to all persons involved in our operations and prohibits unlawful discrimination by any team member, including supervisors and co-workers. This policy applies to all aspects of employment, including recruitment, advancement, promotion, demotion, discipline, layoff, termination, salary and wage consideration and team member benefits. As such, all team members are expected to embrace our corporate philosophy that supports fairness and respect for everyone. Equally important is the fair and equitable treatment of fellow team members and of our clients. The company will not permit, condone, or tolerate prohibited discrimination in any form.