Home Equity Underwriter

SoFi; Charlotte (NC); Hybrid; USD 70,000 - 110,000; Full time

Job summary

SoFi is seeking an experienced Home Equity Underwriter to support a growing lending portfolio. This role offers end-to-end ownership of credit, income, assets, collateral, conditions, and final underwriting decisions.

You will partner with processors to move loans efficiently from review to clear-to-close while upholding strict quality, compliance, and risk controls. The ideal candidate has at least 2 years of conventional mortgage underwriting with direct decision authority and strong

Qualifications

• Minimum 2 years of recent conventional mortgage underwriting experience with direct decision-making authority.
• Demonstrated full-file underwriting ownership across credit, income, assets, collateral, conditions, and final decisions.
• Direct appraisal and title review experience.
• Strong experience analyzing self-employed income and complex borrower scenarios.
• Ability to independently evaluate and clear underwriting conditions.
• Strong understanding of credit policy, underwriting guidelines, collateral evaluation, and risk assessment.

Responsibilities

• Underwrite and decide Home Equity loan files in accordance with SoFi policies and applicable investor and regulatory guidelines.
• Perform full credit risk analysis including borrower creditworthiness, income stability, assets, and collateral.
• Review and analyze credit reports, income and asset documentation, tax returns, appraisals, and title reports.
• Apply independent credit judgment in a manual or semi-manual underwriting environment.
• Independently evaluate and clear underwriting conditions to maintain pipeline momentum.
• Collaborate with loan processors to resolve documentation gaps and move loans toward closing.
• Make clear, well-documented approval, suspension, or decline decisions.
• Meet production, turn-time, quality, accuracy, and compliance expectations.

Skills

Home Equity Underwriting

Conventional Mortgage

Credit Analysis

Income & Asset Review

Regulatory Compliance

Communication

Tools

DU/LP

Job description

• Home Equity, HELOC, or second-lien underwriting experience.
• High-volume production underwriting experience.

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The role:

SoFi is hiring an experienced Home Equity Underwriter to support a growing lending portfolio. This is a true full-file underwriting role with end-to-end ownership of credit, income, assets, collateral, conditions, and final underwriting decisions. The underwriter will partner closely with processors to move loans efficiently from review through clear-to-close while maintaining strong quality, compliance, and risk discipline.

This role is best suited for an underwriter who is comfortable exercising independent credit judgment in a manual or semi-manual environment and owning the entire file—not just one segment of the process.

What you’ll do:

• Underwrite and decision Home Equity loan files in accordance with SoFi policies and applicable investor and regulatory guidelines.
• Perform full credit risk analysis, including borrower creditworthiness, income stability, assets, and collateral.
• Review and analyze credit reports, income and asset documentation, tax returns, appraisals, title reports, and other loan documentation.
• Apply independent credit judgment in a manual or semi-manual underwriting environment.
• Independently evaluate and clear underwriting conditions to maintain pipeline momentum.
• Analyze self-employed borrower income, including Schedule C, K-1s, partnerships, corporate returns, and business tax returns.
• Identify potential risk, fraud, or documentation concerns and elevate appropriately.
• Collaborate closely with loan processors to resolve documentation gaps and move loans toward closing.
• Make clear, well-documented, and defensible approval, suspension, or decline decisions.
• Meet established production, turn-time, quality, accuracy, and compliance expectations.

What you’ll need:

• Minimum 2 years of recent conventional mortgage underwriting experience with direct decision-making authority.
• Demonstrated full-file underwriting ownership across credit, income, assets, collateral, conditions, and final decisions.
• Direct appraisal and title review experience.
• Strong experience analyzing self-employed income and complex borrower scenarios.
• Ability to independently evaluate and clear underwriting conditions.
• Strong understanding of credit policy, underwriting guidelines, collateral evaluation, and risk assessment.
• Experience working in a compliance-driven, production-oriented environment with accountability for quality and turn times.
• Strong communication and collaboration skills, particularly when partnering with processors.
• Ability to work standard business hours aligned with Central Time.
• Ability to work from the Frisco, Texas office 1-2 days per week.

Nice to have:

• Home Equity, HELOC, or second-lien underwriting experience.
• Manual or semi-manual underwriting experience.
• Experience with complex borrower, collateral, or lien-position scenarios.
• High-volume production underwriting experience.
• DU/LP experience as supporting conventional underwriting exposure.
• CHUMS, SAR, or VA credit authority.

Compensation And Benefits

The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate’s experience, skills, and location.

To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page!

SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.

The Company hires the best qualified candidate for the job, without regard to protected characteristics.

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

New York applicants: Notice of Employee Rights

SoFi is committed to an inclusive culture. As part of this commitment, SoFi offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or email [e-mail].

We are unable to accommodate remote work from Hawaii, Alaska or Puerto Rico at this time.

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