Mortgage Lending Underwriter – Residential Loans (Non-QM & Jumbo)
Mortgage Lending Underwriter – Residential Loans (Non-QM & Jumbo)
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Job Description
Mortgage Lending Underwriter Residential Loans (Non-QM & Jumbo)
Kirkland WA
Bring your residential underwriting experience to a lender focused on residential and construction mortgages.
As a Mortgage Lending Underwriter you will review complex mortgage applications submitted through internal and external channels. This role requires strong analytical expertise attention to detail and a solid understanding of credit risk and lending guidelines to make sound underwriting decisions.
Mortgage Lending Underwriter Responsibilities:
- File Triage: Scrub mortgage packages for completeness and quality pulling insights from income docs statements and credit data.
- Credit Judgment: Weigh borrower strength deal context and capacity to repay to form a clear go/no-go view.
- Policy Alignment: Keep decisions inside house credit guardrails investor expectations and applicable regs.
- Decision Messaging: Deliver outcomes and rationale to origination and ops so everyone knows the why and next steps.
- Valuation & Collateral Check: Validate property reports and supporting materials against program criteria and valuation logic.
- Disposition Calls: Greenlight rework or decline based on quantified risk and compensating factors.
- Market & Rule Tracking: Monitor shifts in underwriting norms product overlays and regulatory updates; adjust practices accordingly.
- Exit Financing Matchmaking: Pair eligible files with the right permanent/agency programs to ensure a viable take-out.
- Workflow Partnering: Coordinate with internal counterparts to keep files moving and cut cycle time.
Mortgage Lending Underwriter Qualifications:
- At least 8 years of experience in mortgage underwriting (including conventional non-QM and construction loans)
- Bachelors degree or equivalent experience in finance or related field
- Strong knowledge of underwriting principles risk assessment and industry regulations
- Experience with Encompass and must have manual underwriting experience
- Excellent analytical communication and problem-solving skills
- Detail-oriented with the ability to meet deadlines under pressure
Company Benefits:
- Medical Dental and Vision Insurance
- Annual bonus
- 401k with a 3% match
Compensation: $85-$100k
Employment Type
Full Time
