Job Details

Job Title

With over 25 years of experience, JMAC Lending has established itself as a leader in the industry. We pride ourselves on our innovative products, outstanding service, and unwavering commitment to supporting our partners in growing their businesses. Our culture revolves around surpassing conventional market options, positioning us as the preferred lender for our clients. Our team boasts impressive credentials and participates in ongoing education to blend knowledge with experience seamlessly. Built on a foundation of the highest ethical standards, our company excels in delivering competitive product pricing for wholesale and correspondent lending to our valued clients.

This role entails underwriting agency and non-agency loans (including both Manual and AUS), alongside Alternative Doc loans. You'll play a crucial part in evaluating supporting documentation to determine borrowers' creditworthiness and their capacity to fulfill mortgage obligations. This includes reviewing a variety of documents such as credit reports, income and asset documentation, appraisals, collateral reports, and fraud prevention tools, as well as any other necessary paperwork to make informed decisions.

This is a Full-Time/Fully Remote opportunity with working hours from 7:00am-4:00pm PT or 8:00am-5:00pm PT Monday-Friday offering competitive pay ranging from $43.26 to $51.92 hourly plus bonus.

Key Responsibilities:

• Conduct a comprehensive and precise analysis of all loan documents, including the AUS decision report, credit report, various income sources (both complex personal and business returns), assets, preliminary title report, appraisal, purchase agreement, escrow instructions, occupancy verification, as well as performing checks for red flags and potential fraud.
• Underwrite NON-QM, Jumbo, and Fixed Rate Second Mortgage programs.
• Review multiple income types including Full Doc, DSCR, Asset Utilization, Asset Depletion, Bank Statements(Business, Personal, and Co-mingled), P&L, 1099, Foreign National.
• Complete income calculations using both manual and system-based methods for all listed income types.
• Meticulously manage loan files and clear any conditions, demonstrating both attention to detail and a sense of urgency to meet customer needs.
• Accurately log loan data and decisions into our operating system, ensuring precision at every step.
• Review transaction matrices and internal investor overlays to guarantee compliance with all investor guidelines.
• Apply and uphold effective fraud detection methods. Proactively request additional information or documentation as needed, and identify risk factors that may affect the quality of the loan file.
• Assist in resolving any pre-funding or post-purchase loan issues by collaborating with the post-closing department to address any outstanding conditions or concerns.
• Communicate loan decisions clearly and professionally via phone or email to foster positive and productive relationships with colleagues and clients.
• Maintain open channels of communication with brokers and sales staff to ensure all inquiries are addressed promptly, showcasing exceptional customer service skills.