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Underwriting Manager

Lendsure Mortgage Corp

Underwriting Manager

San Diego, CA
Full Time
Paid
  • Responsibilities

    Job Description

    LendSure Mortgage Corp is looking for a Regional Underwriting Manager to work out of our Florida location.

    • A PAPER/JUMBO/CONVENTIONAL UNDERWRITING EXPERIENCE

    LendSure Mortgage Corp. 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 LendSure Mortgage Corp., we have created an environment where high-energy professionals can learn, excel, grow, and feel great about their contributions to our success.

    LendSure is committed to attracting and retaining top talent throughout the United States and offers a competitive salary, benefits, and opportunities to grow within the company.

    Duties and Responsibilities

    As an Underwriting Manager, you will be responsible for supporting an underwriting team in their day to day requirements while ensuring service level agreements are being maintained. The Underwriting Manager provides solutions and assistance to loan-level escalations, complex scenarios, and 2nd level mortgage reviews while also determining when loan level issues require escalation to the senior management level or Client's management team. The Underwriting Manager directs the daily assignments of the underwriting staff and team lead to ensure acceptable turn time and load balancing as well as mentoring where required.

    Duties include:

    • Manage a team of Underwriters to provide daily support and training.
    • Respond to escalations regarding credit questions and provide answers and resolutions.
    • Motivate and coach underwriters to achieve goals.
    • Oversee pipeline to ensure loans are approved and then cleared-to-close within the expected turn-times.
    • Communicate with operations and sales teams about underwriting issues.
    • Effectively communicate to staff about company changes to policy and guidelines.
    • Assist in resolving post-closing credit issues and defects.
    • Participate in developing process improvements and efficiencies.
    • Conduct periodic loan-level audits to ensure compliance with all company quality standards.
    • Recruit, interviewing, and hiring high-quality underwriters.

    Qualifications

    • Experience in Non-QM is a plus.
    • Expertise in manual underwriting.
    • Expertise with complex income documentation.
    • 3+ years of Underwriting Management experience.
    • 5+ years of mortgage credit experience.
    • Knowledge of Fannie Mae guidelines.
    • Experience in Non-QM is a plus.
    • Expertise in manual underwriting.
    • Expertise with complex income documentation.
    • Significant experience working in Encompass.

    About LendSure

    Since our founding, LendSure has achieved significant success, growing the organization from a concept to one with sales teams nation-wide and operational centers in California, Rhode Island, and Georgia. Our loan originations surpassed $100mm in our first 18 months.