NQM Funding, LLC is a top secondary market investor in the Non-QM space operating both wholesale and correspondent channels. Our relationship with a global investment management firm, NQM Funding, LLC offers cutting edge Non-QM programs, excellent service, and competitive pricing. Non-QM loans are our only focus.Our TPO Division is looking to hire a Non-QM Loan Specialist. ALL REMOTE POSITIONS REQUIRE A DOWNLOAD SPEED OF NO LESS THAN 50 MBPS.Job Title: Non-QM Loan SpecialistReports To: Client Operations ManagerFLSA Status: Non-ExemptDepartment: TPO/NDCSalesDivision: Wholesale-TPO/NDCSalary Range: $65K to $75KSummary: Function as a NON-QM subject matter expert with our sales partners. Responsible for reviewing detailed scenarios and loan requests from brokers and/or Account Executives and issuing recommendations for submission within the published SLAs.Duties and Responsibilities include the following. Other duties may be assigned.
- Proficient with guidelines, products and requirements.
- Reviews income on bank statement loans and structure Non-QM scenarios to give the broker the best opportunity to receive an underwriting approval while also giving the borrower the best possible product.
- Recommends qualified loans for submission to NON-QM underwriting team and prevents loans that do not warrant submission from going into underwriting within expected turn times.
- Provides support and training to internal and external sales teams on advantages, niches and guidelines of the NQM products to increase originations.
- Assists in pipeline/scenario management.
- Manages Expectations of all parties and communicates positively regarding products and the company.
- Performs other duties as assigned.
Skills:Oral Communication SkillsWritten Communication SkillsConflict Resolution SkillsCustomer ServiceDiplomacyMath Aptitude OrganizationProfessionalismPresentationTime ManagementComputer LiteracyKeyboard SkillsEducation/Experience:
- 3-5 years of experience in the mortgage industry in sales, account management and/or underwriting.
- Experience interacting with brokers, loan officers, processors and operation staff.
- Ability to analyze, structure and document complex loan scenarios to include income assets and credit for borrowers with a variety of circumstances.
- Desire and capability to grow business opportunities by training internal and external individuals and teams by providing a positive lending experience.
- Must have the ability to captivate and communicate with various audiences.
- Must be flexible and capable of working in a changing environment.
- Superior communication and interpersonal skills.
- Ability to effectively manage expectations and communicate positively during challenging periods.
NQM Funding, LLC offers the following benefits:
- Medical Plan
- Dental Plan
- Vision Plan
- GAP Insurance
- Life Insurance paid by the company
- Voluntary Life Insurance
- 401K
- Pet Insurance
- Legal Shield/ID Shield
Equal Employment Opportunity:NQM Funding, LLC management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment.NQM Funding, LLC will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.NQM Funding, LLC will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to NQM Funding, LLC.