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!