VP/SVP of Mortgage Underwriting - Non QM and Investor Loans
MTG Services has been retained to locate a VP or SVP of Underwriting with 15+ years of experience. We are only interviewing candidates with exceptional experience in the following:
Fix and Flip Loans
Ground Up Construction
Rehab/Rental
Bridge Loans
If you do not have extensive experience in the above, you would not qualify for this position. The ideal candidate will bring a wealth of experience in the non-traditional mortgage space and will play a key role in expanding our client's offerings.
Key responsibilities include:
Lead the underwriting department, providing strategic direction, mentorship, and operational oversight focused on optimizing processes, enhancing efficiency, and maintaining the highest standard of quality and compliance
Oversee the underwriting process for bridge loans, construction loans, fix and flip loans, and rehab loans by ensuring each loan application is reviewed, assessed, and decisioned adhering to company policies and industry best practices
Establish and maintain effective and robust risk management practices
Recruit, train, and develop highly skilled underwriters and provide continuous professional development to staff
Work closely with sales, operations, and risk management to ensure seamless communication and coordination throughout the loan origination and underwriting process
Regularly review and assess portfolio performance, identifying trends and making recommendations to improve underwriting practices
Build and maintain strong relationships with clients, brokers, and third-party vendors
To qualify, you must have:
15 years of underwriting experience of which five (5) years must be in non-traditional mortgage loan types
Five (5) years of underwriting leadership experience
Deep knowledge of underwriting principles and guidelines for specialized mortgage products
Exceptional leadership, technical, and analytical skills
Our client prefers this role to be in-office, but remote candidates are also encouraged to apply. A relocation allowance will be provided to the right candidate.
Please submit your resume and compensation requirements to be considered.
Job Type: Full-time
Pay: $225,000.00 - $250,000.00 per year
Benefits:
401(k)
401(k) matching
Dental insurance
Flexible schedule
Health insurance
Life insurance
Paid time off
Vision insurance
Schedule:
Monday to Friday
Supplemental Pay:
Bonus opportunities
Application Question(s):
What are your compensation expectations?
Describe your experience in underwriting bridge loans, fix/flip, new construction, and rental/rehab loans.
Experience:
mortgage underwriting of non-traditional loan types: 10 years (Required)
Management: 5 years (Required)
Work Location: Remote
Apply Job!