Mortgage Underwriter
Lendz Financial offers a full-service direct wholesale residential mortgage lending platform, focused on helping mortgage brokers grow their loan origination volume with simplified processes and intuitive, tech-based solutions. We emphasize a modern, customer-centric approach, offering competitive rates, a diverse range of products, and rapid turnaround times. Committed to delivering a world-class experience for our broker partners, we streamline the lending process to ensure a smooth journey from application to closing. Our core values—Thrive Together, Act Like an Owner, and Exceed Expectations—cultivate a collaborative, high-performance culture that drives our pursuit to become the undeniable leader in mortgage lending. Lendz is proud to be certified as a Great Place to Work!
Job Summary:
Lendz Financial is seeking an experienced and detail-oriented Non-QM Underwriter to join our growing team. This position is critical to the success of our mortgage operations and focuses on underwriting complex loan files, with an emphasis on Non-QM products such as Bank Statement, DSCR, and Asset Utilization programs. This is a fully remote position.
Responsibilities:
- Underwrite mortgage loan applications in compliance with investor and company guidelines
- Act as the subject matter expert on all Lendz Financial programs, with a focus on Non-QM products
- Perform an average of 5 underwrites per day, adjusted for volume
- Maintain underwriting queue in accordance with established SLAs
- Achieve and maintain quality benchmarks:
- Pre-closing defect rate below 10%
- Post-closing defect rate below 5%
- Analyze borrower income, including complex structures such as self-employed, 1099, and asset depletion
- Review 12- and 24-month personal/business bank statements, P&Ls, and cash flow statements
- Ensure full compliance with federal, state, and investor regulations
- Make clear, well-documented underwriting decisions aligned with company and program guidelines
- Provide written justifications for underwriting outcomes and loan conditions
- Deliver exceptional support to loan officers, operations, and borrowers throughout the loan lifecycle
- Collaborate with internal teams to evolve program guidelines and compliance standards
- Partner with Account Managers and Sales to resolve file-level issues and clarify conditions
- Stay current on industry trends, guideline changes, and regulatory updates
Qualifications:
- Minimum 5 years of mortgage underwriting experience required
- At least 2 years of hands-on Non-QM underwriting experience
- Expertise in analyzing complex income sources including:
- Bank Statement Programs
- Self-employed borrower income
- Business financial documentation
- Familiarity with common Non-QM programs such as DSCR, Asset Utilization, and 1099-only products
- Excellent communication skills and a collaborative mindset
- Strong time management and the ability to prioritize in a fast-paced environment
- Proven problem-solving abilities and sound judgment in loan decisioning
Benefits:
- Highly subsidized medical insurance
- Low-cost dental and vision insurance
- 401(k) program
- Health Savings Account (HSA)
- Generous paid time off and company holidays
- Learning and development opportunities
- Friendly, collaborative work environment
Compensation:
The approximate compensation range for this position is $65,000 to $85,000 in annual salary. The actual offer, reflecting the total compensation package, will be determined based on factors including the candidate’s experience, skills, and location.
Create a Job Alert
Interested in building your career at Lendz Financial? Get future opportunities sent straight to your email.
Apply for this job
*
indicates a required field