Non-QM Senior Underwriter

Role Overview

This role is a senior-level credit professional responsible for evaluating and analyzing conforming and non-conforming Non-QM mortgage loans for purchase eligibility. The position requires deep underwriting expertise, strong judgment, and the ability to clearly communicate credit decisions across internal teams and external counterparties. The individual will serve as a subject matter expert in complex income analysis and Non-QM underwriting, while playing an active role in credit policy feedback, seller engagement, and process improvement initiatives.

Key Responsibilities

• Review conventional and jumbo Non-QM loans for credit quality, completeness, and guideline compliance.
• Analyze complex and alternative income sources, including tax returns, bank statements, DSCR, 1099, and asset depletion.
• Manage credit, property, and compliance conditions with sellers and third-party due diligence providers.
• Evaluate underwriting exceptions and document compensating factors and credit rationale.
• Support sellers by reviewing loan scenarios and providing actionable feedback.
• Apply seller-specific variances and contribute to credit policy recommendations.
• Maintain strong knowledge of mortgage compliance, agency guidelines, and appraisal standards.
• Assist with onboarding new Non-QM sellers and underwriting training as needed.

Qualifications

• 7+ years of mortgage industry experience.
• 3+ years of conforming Non-QM underwriting experience.
• 3+ years of jumbo Non-QM underwriting or complex income analysis.
• Expert knowledge of underwriting guidelines and agency selling guides.
• Strong technical skills across LOS, underwriting engines, and Excel.
• Excellent communication, analytical, and multitasking skills.