Non-Agency Credit Underwriter - Home Lending Operations Consumer Underwriting

Make a direct impact on responsible home lending by delivering clear, well-supported credit decisions. You’ll help protect customers and the firm by applying disciplined underwriting and fair lending practices. This role offers variety across credit, income, asset, and collateral analysis, with opportunities to deepen expertise in complex files. You’ll partner closely with cross-functional teams to keep the loan process accurate and efficient. If you enjoy balancing risk management with customer-focused service, this role is for you.
Job summary
As a Non-agency Credit Underwriter in the home lending underwriting team, you review mortgage loan applications to assess creditworthiness, repayment capacity, and collateral risk, and you render accurate, well-documented underwriting decisions. You apply credit policy, applicable investor or agency guidelines, and regulatory requirements while supporting fair and consistent treatment of customers. Depending on assigned authority and business need, you may also support second reviews, peer discussions, coaching, or knowledge sharing.
Job responsibilities
Underwrite non-agency, agency, and home equity mortgage loan files within assigned authority by applying credit policy, investor or agency guidelines, product requirements, and applicable laws and regulations
Analyze borrower income, employment, assets, liabilities, credit history, repayment capacity, and other relevant risk factors
Review loan applications, disclosures, and supporting documentation for completeness, accuracy, and consistency
Evaluate property and collateral documentation (including appraisal and title-related information, as applicable) to assess collateral risk and property condition
Calculate qualifying income and debt ratios and validate funds and assets using documented verification methods
Identify documentation gaps, inconsistencies, and policy exceptions and set clear, appropriate underwriting conditions
Render timely, well-supported approval, suspension, or denial decisions within delegated authority and escalation requirements
Communicate underwriting decisions, conditions, and rationale clearly to loan officers, mortgage processors, closers, quality assurance partners, risk partners, and other appropriate stakeholders
Identify potential fraud or misrepresentation indicators and escalate concerns through established processes
Apply fair lending practices and consistent treatment of customers throughout the underwriting process
Maintain current knowledge of policy, investor or agency guidance, product changes, and regulatory updates while meeting productivity, quality, and turnaround-time expectations
Required qualifications, capabilities and skills
Experience underwriting non-agency, agency, and/or home equity mortgage loans
Ability to assess creditworthiness, repayment capacity, and collateral risk and document a clear underwriting rationale
Skill in reviewing income and employment documentation (e.g., pay documentation, tax returns, and related supporting materials) and analyzing complex income scenarios when required
Skill in reviewing asset documentation (e.g., bank and investment statements) and validating funds and reserves
Skill in reviewing credit reports and debt obligations and evaluating overall repayment capacity
Ability to identify documentation deficiencies, inconsistencies, and elevated risk indicators and determine appropriate conditions or escalation paths
Working knowledge of applicable mortgage underwriting requirements, including investor or agency guidelines and relevant regulatory expectations
Knowledge of fair lending principles and commitment to consistent treatment of customers
Strong written and verbal communication skills to explain decisions and conditions to internal partners
Strong attention to detail and ability to manage an underwriting pipeline while balancing quality, productivity, and service expectations
Preferred qualifications, capabilities and skills