About the job
Take Charge of Your Career. Earn What You Deserve.
At Griffin Funding, we believe that mortgage processors are integral to closing million-dollar deals, not just back-office support. Join us and be rewarded accordingly.
Compensation Overview
Our processors successfully fund 15-20 Non-QM loans monthly, earning bonuses between $3,750 and $5,000, alongside a competitive base salary. Top performers consistently achieve earnings exceeding $10,000 each month. Your bonuses are not solely based on volume; they also reflect pull-through rates, borrower satisfaction, and five-star reviews. Excellence in execution leads to tangible rewards.
What Sets This Position Apart
You’re more than just a document collector. You will engage in pre-underwriting every file prior to submission, identifying guideline discrepancies, income calculation errors, and property issues ahead of underwriting reviews. You’ll be thinking several steps ahead for each loan.
You’ll navigate complexities that many processors never encounter. From bank statement income and P&L programs to DSCR investor loans and various property scenarios, you’ll gain invaluable expertise that extends beyond conventional Fannie Mae processing.
Your insights are valued. When loan officers present marginal deals, your expertise will determine their viability. You understand the guidelines and anticipate underwriting flags, acting as a strategic partner.
Qualifications We're Seeking
Proven Experience. A minimum of 2 years processing residential NON-QM loans, particularly DSCR and Bank Statement loans, is essential. You should be proficient in an LOS, able to interpret credit reports swiftly, and knowledgeable about program guidelines versus investor overlays.
Pre-underwriting is second nature to you. You identify DTI errors before they escalate into conditions and catch income calculation mistakes on applications. You can predict appraisal outcomes even before they are ordered.
You possess the ability to accurately calculate complex income. For self-employed clients, you’re adept at analyzing 1040s, Schedules C, K-1s, and depreciation addbacks. You effectively document stability in variable compensation scenarios and apply the correct percentage for bank statements.
