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Mortgage Underwriter

US | Remote

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.

 

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