Applicant - Mortgage
Core
Analyzing, evaluating, and underwriting residential mortgage loan applications across Conventional and Non-QM programs, including DSCR loans and alternative documentation products.
Role type
Mortgage Underwriter
Builds
Residential mortgage loans for investors, agencies, and borrowers
Domain
Financial Services / Mortgage Lending
Deliverable
production ML models | product features | dashboards & analysis | client delivery | infrastructure | physical/clinical work
Required skills
Conventional underwriting guidelines (Fannie Mae, Freddie Mac), Non-QM product underwriting, Debt Service Coverage Ratio (DSCR) calculation, Automated Underwriting Systems (AUS) proficiency, regulatory compliance knowledge, credit and collateral analysis, risk assessment, Loan Origination Systems (LOS) proficiency
Preferred skills
Wholesale/correspondent/retail lending channel experience, secondary market requirements knowledge, quality control and audit process familiarity
Technologies
DU, LP, Loan Origination Systems (LOS), Automated Underwriting Systems (AUS), electronic document management systems
Responsibilities
Review and underwrite residential mortgage loan applications, Analyze borrower credit profiles and financial stability, Evaluate alternative documentation loan programs, Calculate and assess Debt Service Coverage Ratios, Ensure compliance with lending guidelines and regulations, Issue loan approvals, conditional approvals, suspensions, or denials, Review loan documentation for accuracy and compliance, Communicate underwriting requirements to stakeholders, Manage multiple loan files while meeting deadlines
Seniority
Mid-level, hands-on IC