Jumbo Underwriter
Core
Validate income, assets, and collateral for jumbo mortgage loans, including self-employed tax returns, to ensure compliance with investor and program criteria.
Role type
Senior IC Jumbo Underwriter
Builds
Residential mortgage loans for investors
Domain
Mortgage lending / Financial services
Deliverable
Production ML models | product features | dashboards & analysis | client delivery | infrastructure | physical/clinical work
Required skills
Jumbo product underwriting, Non-Agency underwriting, tax return analysis, financial statement analysis, credit report review, title report review, residential appraisal review, compliance and disclosure knowledge, ATR/QM requirements knowledge, Microsoft Excel proficiency
Preferred skills
DE, SAR, or LAPP certifications, Encompass LOS experience, closing and post-closing quality control experience
Technologies
Encompass LOS, Microsoft Excel, Microsoft Word, Microsoft Outlook
Responsibilities
Evaluate loan applications for risks and criteria; calculate qualifying income; review borrower profiles and documentation; manage daily underwriting pipeline; communicate with loan originators and funders; access third-party services for valuation and fraud checks.
Seniority
Mid-Senior level, hands-on IC