Non-QM DSCR Underwriter

Position Summary: IMB is seeking an experienced Non-QM DSCR Underwriter to join our team. The Underwriter will be responsible for reviewing, analyzing, and underwriting Non-QM DSCR loan files in accordance with company, investor, and program guidelines. This position requires strong knowledge of investor cash-flow analysis, Non-QM DSCR lending guidelines, and the ability to make sound, timely credit decisions. The ideal candidate is detail-oriented, highly analytical, and comfortable working in a fast-paced mortgage environment while maintaining a high level of accuracy and customer service.

Essential Duties and Responsibilities: Underwrite Non-QM DSCR mortgage loan applications from initial submission through final decision. Analyze borrower and property qualifications in accordance with applicable Non-QM DSCR and investor guidelines. Review loan documentation for completeness, accuracy, and compliance with underwriting requirements. Evaluate property cash flow, rental income, leases, market rents, and applicable Non-QM DSCR calculations. Analyze credit history, liabilities, assets, reserves, and overall creditworthiness when applicable to the loan program. Review appraisal reports, property documentation, title, insurance, and other required loan documents. Identify and appropriately document conditions required for loan approval. Issue clear and concise underwriting decisions and communicate conditions to processors and other internal partners. Review and clear underwriting conditions in a timely manner. Ensure loans meet company, investor, and applicable regulatory requirements. Apply Non-QM DSCR guidelines consistently while exercising sound underwriting judgment. Identify potential risks, inconsistencies, fraud indicators, and documentation concerns. Work closely with Processing, Closing, Sales, and Operations teams to resolve underwriting issues. Maintain productivity and quality standards while meeting established turn-time expectations. Stay current on changes to Non-QM, DSCR, investor, and company underwriting guidelines. Assist with guideline questions and provide guidance to internal teams when appropriate. Maintain accurate and complete underwriting notes and documentation within the loan origination system. Perform additional duties and responsibilities as assigned.