Champions Funding LLC is seeking a skilled and detail-oriented Correspondent Underwriter to join our team in the growing Non-QM (Non-Qualified Mortgage) market. You will evaluate and underwrite non-QM loan applications, ensuring they meet both company and investor guidelines while providing a high level of service to our correspondent lenders.

What You'll Do

Review and assess non-QM loan applications, including income verification, credit history, and assets, ensuring all guidelines and regulatory requirements are met.
Analyze borrower profiles, determine eligibility, and make underwriting decisions based on loan risk.
Maintain up-to-date knowledge of regulatory changes, company guidelines, and internal policies.
Act as a liaison with correspondent lenders, communicating decisions and providing guidance on submissions.
Review all documentation for completeness and accuracy, requesting additional items as necessary.
Make timely, sound decisions while managing a high volume of files with strong attention to detail.
Address complex loan scenarios by collaborating with management and other departments.
Provide guidance to junior underwriters or correspondent partners to ensure consistent practices.
Meet productivity, quality, and compliance standards set by management.

What We're Looking For

Minimum of 5 years of underwriting experience, with at least 2 years of manual underwriting experience to include non-QM.
Ability to assess complex financial information and make sound underwriting decisions.
In-depth understanding of collateral reviews and the ability to analyze personal and business tax returns.
Proficiency in analyzing personal and business bank statement activity.
High attention to detail with the ability to manage multiple loan files and maintain accuracy.
Familiarity with all applicable federal, state, and local laws related to mortgage lending, including compliance with RESPA, TRID, and HMDA.
Proficiency in underwriting software, loan origination systems (LOS), and Microsoft Office Suite.
Excellent written and verbal communication skills, with the ability to clearly explain decisions.
Capacity to navigate complex situations and identify solutions to ensure loan closure.

Nice to Have

Experience with both agency and non-agency loans.
Experience with Encompass, Calyx, or similar platforms.
In-depth understanding of non-QM loan products and risk factors, including bank statement loans, DSCR loans, and P&L loans.
Experience in the Correspondent business line.