About This Role
This mortgage underwriter role involves evaluating and underwriting residential mortgage loan applications across various products, including Conventional, Non-QM, and DSCR. The position focuses on assessing borrower eligibility, analyzing risk, and ensuring compliance with all relevant guidelines to make sound underwriting decisions in a fast-paced environment.
Responsibilities
- Review and underwrite Conventional, Non-QM, and DSCR mortgage loans
- Analyze borrower income, assets, credit, employment, and collateral to assess eligibility and risk
- Evaluate alternative documentation loans, including bank statement, asset depletion, 1099 income, ITIN, and P&L-only programs
- Ensure compliance with agency, investor, company, and regulatory guidelines
- Issue approvals, conditions, suspensions, or denials based on underwriting standards
- Review and clear underwriting conditions and resubmitted documentation
- Collaborate with loan officers, processors, brokers, and internal teams to support timely loan decisions
- Maintain accurate underwriting records and support quality control and audit processes
- Stay up to date with mortgage products, investor requirements, and regulatory changes
Requirements
- 25 years of US mortgage underwriting experience, including Conventional and/or Non-QM loan products
- Strong knowledge of Fannie Mae, Freddie Mac, Non-QM, and DSCR underwriting guidelines
- Experience with income analysis, risk assessment, and mortgage compliance requirements
- Proficiency with Loan Origination Systems (LOS), Automated Underwriting Systems (DU/LP), and document management systems
- Strong analytical, decision-making and communication skills
- Ability to manage multiple loan files and meet deadlines in a high-volume environment
- Exposure to underwriting tools (LOS) such as Encompass, CalyxPath, etc.
Nice to have:
- Flexible to work under Rotational Shift - US Rotational Night Shifts
