Applicant - Mortgage
RemoteFull-time2–5 yrsPosted 1 week ago
Mid-level banking role at Sutherland. Needs 2+ years and a B.Com or BBA. Remote.
About the role
The Mortgage Underwriter is responsible for analyzing, evaluating, and underwriting residential mortgage loan applications across Conventional and Non-Qualified Mortgage (Non-QM) programs, including Debt Service Coverage Ratio (DSCR) loans and alternative documentation products.
What you'll do
- Review and underwrite residential mortgage loan applications, including Conventional, Non-QM, and DSCR loan products
- Analyze borrower credit profiles, income, assets, employment history, financial stability, and collateral to determine loan eligibility and risk exposure
- Evaluate alternative documentation loan programs, including bank statement, asset depletion, ITIN, 1099, and P&L-only loans
- Calculate and assess Debt Service Coverage Ratios (DSCR) and perform complex income and risk analyses
- Ensure compliance with agency, investor, company, federal, and state lending guidelines, including Fannie Mae, Freddie Mac, ATR/QM, TRID, RESPA, TILA, HMDA, HOEPA
What you need
- Underwriting
- Credit appraisal
- Compliance
- Risk management
- Loan processing
- Internal audit
Good to have
- Audit