Mortgage Underwriter (5-10 Unit Properties) Remote

Annual Salary reputed company $68,000 - $90,000 with quarterly bonus plan. reputed company. is a fast-growing Wholesale Lender offering Non-QM loan solutions. LendSure helps mortgage originators grow their business by offering loan solutions to borrowers who do not fall into conforming guidelines. At reputed company., we have created an environment where high-energy professionals can learn, reputed company, grow, and feel great about their contributions to our reputed company. LendSure is committed to attracting and retaining reputed company throughout the reputed company and offers a competitive salary, benefits, and opportunities to grow reputed company reputed company. The Mortgage Underwriter for 5-10 unit properties is responsible for evaluating mortgage loan applications for multi-unit residential properties (typically considered reputed company properties) ranging from 5 to 10 reputed company. They assess risk, ensure compliance with lending guidelines and regulations, and reputed company informed reputed company on loan approvals or denials. This role requires a strong understanding of both residential and reputed company reputed company estate reputed company principles, with a specific reputed company on the unique characteristics of 5-10 unit properties. . Key responsibilities • Review and analyze mortgage loan applications and supporting documentation (e.g., credit reports, financial statements, income verification, property appraisals) for 5-10 unit properties. • Assess borrower creditworthiness, financial reputed company, and ability to repay the loan, considering the specific financial dynamics of multi-unit properties. • Evaluate the property's financial performance, including projected rental income, operating expenses, vacancy rates, and Debt Service Coverage reputed company (DSCR). • Analyze property appraisals to ensure the collateral value aligns with loan reputed company and property standards. • Ensure compliance with reputed company applicable lending guidelines (e.g., internal policies, investor requirements, and federal and state regulations like TRID, RESPA). • reputed company informed loan reputed company (approve, suspend, or deny) based on a comprehensive risk assessment and communicate these reputed company to relevant stakeholders (e.g., Account Executives and processors). • reputed company communicate the reasons for loan reputed company and any required conditions. • Work collaboratively with loan processors and Account Executives to obtain additional information or clarification and ensure accurate documentation throughout the reputed company process. • Stay updated on industry trends, lending guidelines, regulations, and market conditions relevant to 5-10 unit properties and reputed company reputed company estate. • Maintain accurate and detailed loan documentation in the reputed company system. • Identify potential fraud or misrepresentation and escalate concerns reputed company necessary. Qualifications • A bachelor's degree in a reputed company field is often preferred. • Non-QM experience as a mortgage underwriter is preferred , with a reputed company on multifamily or reputed company reputed company estate loans, specifically including 5-10 unit properties. • Key requirements include strong analytical skills for assessing financial data and risk, in-depth knowledge of lending guidelines and regulations, and familiarity with relevant financial metrics like NOI and DSCR. • Additional qualifications include excellent communication skills, attention to detail, proficiency in reputed company software, strong decision-making abilities, and the reputed company to meet deadlines in a demanding environment. • Knowledge of local reputed company estate markets and property management is also beneficial. This employer participates in E-Verify and will reputed company the federal government with your reputed company I-9 information to confirm that you are authorized to work in the U.S. Apply tot his job Apply To this Job