The Underwriter III is responsible for underwriting complex Non-QM and DSCR investor loans, exercising advanced independent judgment, and approving guideline exceptions when appropriate. In addition to managing a personal pipeline, this role provides guidance and support to other underwriters and helps ensure consistency, compliance, and excellence across the underwriting function.
What You'll Do
Manage a pipeline of complex loan files, reviewing documentation to determine borrower eligibility and mitigate fraud risk
Independently complete underwriting decisions in accordance with company standards, investor guidelines, and regulatory requirements
Evaluate and document Enhanced Review requests, including clearly articulated rationale for approved exceptions
Serve as a subject matter expert on underwriting guidelines, SOPs, and investor requirements
Provide guidance, technical support, and mentorship to underwriting team members
Ensure loans meet compliance standards and are marketable for investors
Evaluate borrower creditworthiness, collateral, and repayment capacity
Confirm all lending conditions are satisfied prior to closing
Maintain acceptable turnaround times and SLAs while managing complex files
Deliver exceptional customer service to internal teams and external partners
Collaborate cross-functionally to improve workflows, efficiency, and loan quality
Perform other duties as assigned based on business needs
Authorized Remote Locations: AL, AR, AZ, FL, GA, IL, IN, KS, KY, LA, MI, NC, SC, TX, UT
Work Schedule: Monday - Friday: 8:30 am - 5:30 pm CST