About the job
Take Charge of the Process. Get Rewarded for Your Impact.
At Griffin Funding, we value our Mortgage Processors as key players who drive multi-million dollar transactions to completion. Unlike other firms that see processors merely as support staff, here you are recognized as a crucial operator with the opportunity to earn accordingly.
Your Earnings Potential
Our processors successfully fund 15-20 Non-QM loans monthly, resulting in bonuses ranging from $3,750 to $5,000 on top of their base salary. Top performers regularly achieve monthly earnings exceeding $10,000. Your bonus structure is performance-driven, factoring in pull-through rates, borrower satisfaction, and five-star feedback. Precision in execution is rewarding.
Why This Role Stands Out
You're more than just a document collector. You pre-underwrite each file prior to submission, identifying guideline discrepancies, income miscalculations, and property concerns before they reach underwriting. You think ahead on every loan, ensuring a smooth process.
You tackle complexities that many processors never encounter. This includes bank statement income, P&L programs, DSCR investor loans, multiple property scenarios, and self-employed borrowers with fluctuating compensation. This is not your standard Fannie Mae processing. You're developing in-depth expertise.
Your insights are valued. When a loan officer presents a challenging deal, you're the expert who assesses its viability. You understand the guidelines and anticipate underwriting flags. You are a strategic partner in the lending process.
Desired Qualifications
Relevant Experience. We seek candidates with a minimum of 2 years of experience processing residential loans specifically in NON-QM Loans, including DSCR and Bank Statement loans, within the last two years. Familiarity with an LOS system, rapid credit report analysis, and understanding of program guidelines versus investor overlays are essential.
You excel at pre-underwriting. You proactively catch DTI errors before they escalate into conditions. You identify income calculation discrepancies in applications and can predict appraisal outcomes even before they are ordered. You review files with the analytical mindset of an underwriter.
You accurately assess complex income scenarios. If a borrower is self-employed, you're adept at analyzing 1040s, Schedules C, K-1s, and applying depreciation add-backs. For variable compensation, you know how to average it responsibly and document its stability. Bank statements? You apply the correct percentage and structure for evaluations.

