Verus Mortgage Capital
Jim Frazee is a seasoned professional in the mortgage and underwriting industry, currently serving as a Sr. Scenario Desk Underwriter at Verus Mortgage Capital since March 2023. Prior experience includes roles such as Manager of Credit Risk at loanDepot, where Jim created training for complex scenarios and improved defect resolution processes, and Underwriting Manager at both A & N Mortgage and Guaranteed Rate, overseeing teams, enhancing productivity, and managing various loan products. Jim's tenure at Wells Fargo as AVP Lending Manager II involved developing underwriting materials, leading training initiatives, and managing a team of 20 to improve operational efficiency. Educational background includes a degree from Bemidji State University.
This person is not in the org chart
This person is not in any offices
Verus Mortgage Capital
Verus is a mortgage investor filling the credit void in today’s mortgage market. Verus acquires responsible non-agency mortgage loans from correspondents. Acquisition programs are designed to address the issues limiting a borrowers’ access to credit through common sense underwriting. All programs focus on the borrowers’ ability to repay. Verus strives to meet the needs of our partners and continually looks to add new programs that serve credible borrowers. NMLS ID 1462920.