High Net Worth Wealth Management Business Underwriter - Remote
Company Description
Sutherland Mortgage Services Inc. is a premier nationwide provider of end-to-end mortgage solutions including originations, underwriting, processing, closing, post-closing and loan servicing support. With over 30 years of experience, we have developed an integrated BPO platform and have built mutually beneficial relationships with some of the world’s most recognized companies. We offer an unmatched ability to deliver the highest value and greatest returns to our customers and do it through the contributions of our people, who work collaboratively throughout the country in our state-of-the-art, Work at Home program. We pride ourselves on having a considerate, friendly, diverse and inclusive environment where your career development and work-life balance will be supported. We are now seeking a High Net Worth Wealth Management Business Underwriter to become one of the newest members of our team, supporting one of our customers, global financial services leader. This position pays $90-$100,000 per year and is overtime eligible.
Job Description
In this position, you will review and analyze all credit and collateral documents, then issue lending decisions based on the documented borrower profile within the program guideline requirements. Specifically, this will include performing high quality jumbo residential mortgage file analysis, confirming the calculations used to decision the loan such as DTI, LTV, and Reserves, and providing a written summary of loan findings which summarize loan characteristics in the areas of credit, income, assets, collateral, and the overall transaction. We'll look to you to: Review credit reports to determine credit pattern, current liabilities, outstanding judgments and collections Review residential mortgage appraisal forms Analyze asset statements for all types of asset accounts Analyze income from salaried, commissioned, self-employed, investments, fixed income sources Determine monthly income based on bank statements and/or asset depletion Knowledge of the requirements to meet CFPB's Ability to repay standard Provide a written summary of loan details which clearly documents any exceptions to company guidelines and appropriate compensating factors
Qualifications
Minimum of 8 years current mortgage underwriting experience, jumbo mortgage preferred BA/BS degree, equivalent education and experience may be considered Ability to interact with all levels of staff and management, and communicate effectively with both internal and external customers Excellent organizational skills with attention to detail Ability to prioritize workload and meet deadlines, to multitask, problem-solve proactively, and think creatively Advanced tax return analysis skills Experienced residential appraisal review Knowledge of the requirements to meet CFPB's Ability to repay standard Additional Information All your information will be kept confidential according to EEO guidelines. EEOC and Veteran Documentation During employment, employees are treated without regard to race, color, religion, sex, national origin, age, marital or veteran status, medical condition or handicap, or any other legally protected status. At times, government agencies require periodic reports from employers on the sex, ethnicity, handicap, veteran and other protected status of employees. The purpose of this Administrative EEO Record is for statistical analysis only and is used to comply with government record keeping, reporting, and other legal requirements. Periodic reports are made to the government on the following information. The completion of the Administrative EEO record is optional. If you choose to volunteer the requested information, please note that all Administrative EEO Records are kept in a Confidential File and are not part of your Application for Employment or Personnel file. Please note: YOUR COOPERATION IS VOLUNTARY. INCLUSION OR EXCLUSION OF ANY DATA WILL NOT AFFECT ANY EMPLOYMENT DECISION. Apply To This Job