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Jumbo/Non-QM Underwriter

Cornerstone Capital Bank, SSB.

Queen Anne, WA

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JOB DETAILS
JOB TYPE
Full-time, Employee
SKILLS
Analysis Skills, Communication Skills, Credit Analysis, Customer Satisfaction, Customer Support/Service, Detail Oriented, Due Diligence, Employee Retention, Equal Employment Opportunity (EEO), Genetics, Industry Standards, Loan Conditions, Loan Documents, Loan Extensions, Loan Origination, Loan Review, Loans, Mortgage, Mortgage Lending, Mortgage Regulations, Multitasking, Philosophy, Presentation/Verbal Skills, Problem Solving Skills, Regulations, Regulatory Compliance, Regulatory Requirements, Risk Management, Sales, State Laws and Regulations, Time Management, Underwriting, Writing Skills
LOCATION
Queen Anne, WA
POSTED
30+ days ago
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, a full benefits package, and the potential for a performance-based bonus.





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.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

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. It is the responsibility of ALL Team Members to conduct themselves in a manner that reflects the high standards of quality and professionalism our Team Members, and that our customers have come to expect. 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.

About the Company

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Cornerstone Capital Bank, SSB.