Underwriter

Mortgage Management Consultants; Glendale (CA); On-site; USD 90,000 - 120,000; Full time

Job summary

SKY TPO in Glendale, CA is seeking an experienced Mortgage Underwriter to review and underwrite Non-QM loan applications in line with guidelines and investor requirements. You will analyze creditworthiness, income, assets, and overall financial profiles to assess risk.

You will issue clear underwriting decisions, work with Account Managers, brokers, processors, and internal teams, and stay current on Non-QM products, guidelines, and regulatory changes while maintaining accurate notes.

Qualifications

• 3-5 years of Mortgage Underwriter experience
• Strong Non-QM underwriting experience is required or preferred
• Knowledge of Non-QM loan products, guidelines, credit risk and income analysis
• Experience underwriting bank statements, DSCR, asset depletion and investor documentation

Responsibilities

• Review and underwrite Non-QM loan applications per guidelines and investor requirements
• Analyze borrower creditworthiness, income, assets, liabilities and overall financial profile
• Evaluate Non-QM income documentation and alternative documentation
• Review appraisals, title, insurance, credit reports and other documents to assess loan risk
• Make sound underwriting decisions balancing credit risk and business objectives
• Issue underwriting decisions, conditions, approvals and denials with clear rationale
• Communicate decisions and conditions to Account Managers, brokers, processors and internal teams
• Maintain underwriting turn-time by reviewing documentation and conditions promptly
• Analyze complex loan scenarios and guide on structuring loans per Non-QM guidelines
• Collaborate with Account Managers, Operations, Closing, Credit and other teams to move transactions forward
• Identify potential credit, compliance or documentation issues and escalate as needed
• Maintain understanding of SKY TPO Non-QM products, overlays and competitive positioning
• Stay current on Non-QM guideline changes and regulatory requirements
• Maintain accurate underwriting notes and documentation in loan files
• Ensure underwriting activities meet company, investor and regulatory standards
• Represent SKY TPO with professionalism and strong Non-QM product knowledge

Skills

Non-QM underwriting

Credit analysis

Income analysis

Loan documentation

Attention to detail

Job description

Description

• Review and underwrite Non-QM loan applications in accordance with SKY TPO's underwriting guidelines and investor requirements
• Analyze borrower creditworthiness, income, assets, liabilities, credit history, and overall financial profile
• Evaluate Non-QM income documentation, including bank statements, business income, asset depletion, and other alternative documentation
• Review appraisals, title, insurance, credit reports, and other supporting documentation to assess overall loan risk
• Make sound and consistent underwriting decisions while balancing credit risk and business objectives
• Issue clear and accurate underwriting decisions, conditions, approvals, and denials in accordance with established guidelines
• Communicate underwriting decisions and conditions clearly to Account Managers, brokers, processors, and other internal teams
• Review submitted documentation and conditions promptly to maintain established underwriting turn-time expectations
• Analyze complex loan scenarios and provide guidance on structuring loans within SKY TPO's Non-QM guidelines
• Collaborate with Account Managers, Operations, Closing, Credit, and other internal teams to resolve loan-level issues and keep transactions moving efficiently
• Identify potential credit, compliance, documentation, or eligibility issues and escalates when appropriate
• Maintain a strong understanding of SKY TPO's Non-QM products, underwriting guidelines, overlays, and competitive positioning
• Stay current on changes to Non-QM guidelines, investor requirements, regulatory requirements, and industry practices
• Maintain accurate underwriting notes and documentation within the loan file
• Ensure all underwriting activities meet company, investor, and regulatory compliance standards
• Represent SKY TPO with professionalism, sound judgment, responsiveness, and strong Non-QM product knowledge

Requirements

• 3-5 years of experience as a Mortgage Underwriter, preferably within the wholesale mortgage industry
• Strong Non-QM underwriting experience required or strongly preferred
• Strong understanding of Non-QM loan products, underwriting guidelines, credit risk, income analysis, and loan documentation
• Experience underwriting bank statement, DSCR, asset depletion, investor, and other alternative documentation loan programs preferred
• Strong knowledge of credit reports, income documentation, assets, liabilities, appraisals, title, and other mortgage underwriting requirements
• Excellent analytical, problem-solving, and decision-making skills
• Strong attention to detail with the ability to identify risks and inconsistencies within complex loan files
• Excellent written and verbal communication skills
• Ability to manage a high-volume pipeline while meeting established underwriting turn-time expectations
• Proficiency with mortgage lending systems, LOS platforms, and other business technology
• Ability to work effectively with Account Managers, Brokers, Operations, Closing, Credit, and other internal teams
• Self-motivated, organized, and able to work independently while contributing to a collaborative team environment