Senior Underwriter Nonqm/non-agency Category Location Chatsworth, California

CAKE Mortgage

Chatsworth, California, US
On-site
Non-qm/non-agency underwriting expertise
Manual credit decisioning
Subject matter expert for loan structuring
CAKE Mortgage is a cutting-edge wholesale mortgage lender specializing in Non-QM products, redefining the lending experience with innovative programs and streamlined processes

Job Summary

  • CAKE Mortgage is a cutting-edge wholesale mortgage lender specializing in Non-QM products, redefining the lending experience with innovative programs and streamlined processes.
  • Seeking certified Senior Underwriters with extensive background in manual credit decisions for various loan types including DSCR, Bank Statement, P&L, WVOE, 1099, and Asset Utilization loans.
  • Key responsibilities include acting as a subject matter expert, interpreting loan solutions, analyzing borrower profiles, performing manual underwriting, clearing conditions timely, and staying updated on guideline changes.

Matching Summary

CAKE Mortgage is a cutting-edge wholesale mortgage lender specializing in Non-QM products, redefining the lending experience with innovative programs and streamlined processes.

Skills & Requirements

Must-have

  • Non-QM/Non-Agency underwriting expertise
  • Manual credit decisioning
  • Subject matter expert for loan structuring
  • Analyze borrower credit, collateral, and capacity
  • Ensure compliance with investor and corporate standards
  • Identify potential misrepresentation or fraud

Nice-to-have

  • Forward-thinking professional
  • Thrive in fast-paced environments
  • Continuous focus on customer experience

Key Requirements

  • 5+ years underwriting Non-Agency/NonQM products
  • Experience with DSCR, Bank statement, P&L Only, WVOE Only, 1099 Only
  • FHA and VA underwriting experience preferred
  • Experience with LOS platform Encompass
  • High attention to detail
  • Effective problem-solving skills
  • Ability to work independently
  • Ability to multitask in high-volume environment

Work Rights

Not specified

Tailored Resume

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