Due Diligence Quality Control Underwriter

WHO WE ARE...
Maxwell was founded in 2015 by homebuyers who were shocked by the complexity
and inefficiencies of the mortgage process for borrowers and lending teams alike.
We’ve created a platform that has not only streamlined the process and made it
more efficient - closing loans 45%+ faster - but has made mortgages more accessible
in the process. Our mission is clear: democratize mortgage by helping lenders work
more efficiently and stay compliant while eliminating the barrier to entry and the
stress for the borrower.
We are a company focused on a supportive, diverse, and inclusive culture - live
through our values of Rigor, Ownership, Curiosity, Kindness, and "Straight Up" - to
bring equality to the mortgage process and spread financial empowerment.
Intrigued? Read on and say hello!

WHO YOU ARE...
As the Due Diligence Quality Control Underwriter at Maxwell, you enjoy digging in to ensure loan files are accurate and compliant with regulatory standards. You understand what is needed to properly investigate inconsistencies in loan files to protect against fraud, negligence, errors, and omissions through the loan manufacturing process. The review includes multi-state Non-QM, Conventional, Jumbo, Government, Correspondent, and business purpose loan packages for both purchases and refinances.

WHAT YOU’LL BE DOING…

• Review Mortgage loan files to ensure accuracy of information and verify presence of all required documents.
• Performing due diligence review of the residential mortgage loan application and documentation as submitted to ensure loans meet specific investor/product guidelines and AUS requirements as applicable. 
• Analyze borrower’s credit profile, collateral, and capacity to repay the proposed mortgage obligation including accurately calculating income and ensuring the borrower’s ability to repay
• Properly calculate and analyze loan-to-value ratios, and debt carried.
• Analyze purchase contracts, title commitments, and other loan pertinent documentation.
• Enter review results into company’s proprietary software
• Executing risk analysis and make decisions regarding deficiencies identified during the review process and recommend resolution to deficiency
• Stay current on all agency, state, and multiple investor guidelines
• Participate in on-going training as industry evolves
• Manage time efficiently, prioritize workloads to meet the minimum daily production goals, clear QA feedback, and perform within department audit standards.
• Adhere to the companies “Core Values”
• Other duties as assigned by manager

IDEALLY YOU’LL HAVE...

• 5+ years of current Due Diligence Quality Control experience 
• Experience with Laura Mac 
• Ability to analyze complex transactions and identify errors
• Strong attention to detail 
• Ability to properly calculated income across a variety of earning types from wage earners to business/self employed income. 
• Strong appraisal review skills
• Excellent analytical & communication skills
• Strong ability to perform reviews for a wide range of investors
• Ability to read and apply investors guidelines to loan reviews. 
• Proficiency in pipeline management with ability to multitask in a high-volume environment
• Ability to contribute and work in a team environment
• Ability to work independently
• 5+ years current experience in underwriting, preferably with prior experience in Quality Control.
• 3+ years experience reviewing NON QM loans
• Minimum 5- years Due Diligence at a Due Diligence firm
• Familiarity with best practices for post-close quality control on newly and seasoned originated mortgages
• Strong knowledge of Fannie Mae/Freddie Mac guidelines, QM/ATR
• Proficiency in Non-QM Loan processes and requirements. 
• Ability to work with multiple investor guidelines and overlays
• Deep understanding of DSCR/business purposes loans.
   

Not sure you meet all of our ideals? We’re a company focused on capabilities and
would still love to hear from you, so please apply!

Compensation Range: $85,000-95,000

WHAT WE OFFER YOU
An opportunity to be a key part of an agile team of thinkers and doers collaborating
to change a multi-trillion dollar industry. We offer meaningful equity at a growth
stage company, a competitive salary, top-tier medical, dental and vision insurance,
and flexible work hours and vacation time. Here are our awesome benefits in black
and white:
● Competitive pay and meaningful equity as an employee at a fast-growing,
venture-backed company. We want you to participate and make decisions as an
owner with our future in mind
● Employee-centric environment - initiatives in place to create an environment of
belonging and inclusion and career path plans based on achievable goals and not
tenure or nepotism.
● A 401(k) and top-tier insurance plans to select from along with a FSA and HSA
where you can set aside pre-tax money for out-of-pocket expenses
● Flexible time off plus all 10 major holidays and 1 floating holiday for your birthday,
religious holiday or other special day of your choice
● Two volunteer days - paid days off to volunteer each year at the charity of your
choosing
● An “Even Merrier Holidays” when we shut down the office between Christmas and
New Years so you can enjoy more time with your loved ones
● A powder ski day for that one day when you’ve just got to hit the slopes with no
lift lines

OUR APPLICATION PROCESS
At Maxwell, we value our differences, and we encourage all—especially those whose
identities are traditionally underrepresented in tech organizations—to apply. Maxwell is
an equal opportunity employer. We do not discriminate on the basis of race, religion,
color, gender expression or identity, sexual orientation, national origin, citizenship, age,
marital status, veteran status, disability status, or any other characteristic protected by
law. If you require further accommodations or have questions regarding accessibility of
our roles, please reach out to peopleops@maxwell.com. All employment decisions at
Maxwell are based on a person's merit, business needs, and role requirements.
At Maxwell, we're looking for candidates with great experience and alignment with our
core values. This is a full-time, salaried role based in Denver, CO. While we appreciate the
interest, we are not accepting opportunities from contingency staffing agencies.

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