Contract Due Diligence Underwriter
Core
Review mortgage loan files to ensure accuracy, verify documents, and execute risk analysis to protect loan integrity for purchases and refinances.
Role type
Contract Due Diligence Underwriter
Builds
Residential mortgage loan applications and documentation for various investors and products
Domain
Mortgage lending / Financial services
Required skills
LauraMac Due Diligence software, Non-QM loan processes, Fannie Mae/Freddie Mac guidelines, QM/ATR, DSCR/business purpose loans, income calculation, appraisal review, loan-to-value ratio analysis, debt carried analysis, pipeline management
Preferred skills
Quality Control experience, post-close quality control, multiple investor guidelines, multitasking in high-volume environments
Responsibilities
Review mortgage loan files for accuracy and document completeness; Analyze borrower credit profile, collateral, and repayment capacity; Calculate income and loan-to-value ratios; Execute risk analysis and recommend resolutions for deficiencies; Stay current on agency and investor guidelines; Manage workload to meet production goals.
Seniority
Mid-level, hands-on IC