WHO WE ARE...

Maxwell, founded in 2015 by homebuyers frustrated with the mortgage process, has created a platform that streamlines and speeds up loan closings by over 45%. Our mission is to democratize mortgages by making them more accessible and efficient, reducing stress for borrowers and helping lenders stay compliant.

We are committed to a supportive, diverse, and inclusive culture, living our values of Rigor, Ownership, Curiosity, Kindness, and "Straight Up" to promote equality and financial empowerment. Intrigued? 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…

• Responsible for the Quality Control examination and documentation of loan reviews completed by underwriting and compliance teams as well as providing feedback on potential errors to act as subject matter expert
• Provide procedures and address issues that may hinder accuracy, timeliness and or deadlines
• Provide coaching, training and development to staff to ensure company and department goals and key performance indicators (KPIs) are met
• Audit loans to verify salability or conduct final review of loan documentation for accuracy and completeness
• Ensuring any exceptions are captured and recorded for incorrect or missing documentation, data errors, and any errors on findings
• Maintaining communication with internal contacts to ensure expectations and timelines are met; escalating issues, as needed
• Review mortgage loan files to ensure accuracy of information and verify presence of all required documents.
• May perform due diligence loan reviews, as needed
• Executing risk analysis and make decisions regarding deficiencies identified during the review process and recommend resolution
• Adhere to the companies “Core Values”
• Other duties as assigned by manager

IDEALLY YOU’LL HAVE...

• 5+ years current experience in underwriting, preferably with prior experience in Quality Control and in Due Diligence
• 3+ years experience reviewing NON QM loans
• Experience with LauraMac
• Ability to produce underwriting reports, analyze results, identify issues, and take corrective actions
• Understanding of the credit rating agency requirements, grading and condition-clearing processes
• Strong written and verbal communication skills - analytical ability, good judgment, detail-oriented, and organized
• Strong ability to perform reviews for a wide range of investors using multiple sets of guidelines and overlays
• Proficiency in pipeline management with ability to multitask in a high-volume environment
• Familiarity with best practices for post-close quality control on newly and seasoned originated mortgages
• Strong knowledge of Fannie Mae/Freddie Mac guides, QM / Ability to Repay Rules
• 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!

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

● 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 11 major holidays and 2 floating holidays 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

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.