Non-QM Loan Processor

Location: Remote
Compensation: Salary
Reviewed: Tue, Apr 29, 2025
This job expires in: 7 days
Non-QM Documentation Loan Submission Conditional Approval DSCR Paperwork

Job Summary

A company is looking for a Non-QM Loan Processor to efficiently manage loan processing and communication with borrowers and investors.

Key Responsibilities
  • Review loan files and organize Non-QM documentation, providing initial needs lists to borrowers
  • Communicate with borrowers to gather outstanding items and provide updates, maintaining contact every 48 hours
  • Manage underwriting conditions, coordinate with the processing team, and ensure timely loan closings
Required Qualifications
  • 3+ years of wholesale or retail mortgage processing experience
  • Familiarity with Non-QM documentation and underwriting guidelines
  • Experience with niche loan products such as Bank Statement Loans and Jumbo Loans
  • Minimum 1 year of experience with Encompass LOS required
  • Strong understanding of FHA, VA, USDA, and conventional loan guidelines
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