Senior Home Lending Underwriter

About the role

The HELOC Underwriting team evaluates loan applications and makes sound, policy-aligned credit decisions. They ensure consistent application of underwriting guidelines, validate borrower income and assets, and identify potential fraud risks. This team partners with Processing, Closing, and Quality to ensure accurate and efficient loan decisioning and funding.

Responsibilities

• Ensure all approval and decline decisions are well-supported, clearly documented, and consistent with credit policy and regulatory expectations.
• Accurately calculate and validate borrower income (W-2, self-employed, variable income, rental, etc.) and assess assets to determine repayment ability.
• Review applications for potential fraud indicators (income misrepresentation, occupancy concerns, document inconsistencies, identity risk) and take appropriate action in alignment with fraud protocols.
• Maintain complete, audit-ready loan files with clear rationale, supporting documentation, and decision notes.
• Apply underwriting guidelines consistently and contribute to maintaining quality and reducing defects across the underwriting process.

Requirements

• 5+ years of residential mortgage underwriting experience with independent decisioning authority.
• Demonstrated experience making both approval and decline decisions.
• Strong experience calculating income across multiple borrower profiles (W-2, self-employed, variable income, rental income, etc.).
• Experience reviewing loan files for fraud risk and escalating concerns appropriately.
• Experience working within an LOS and reviewing full loan documentation packages.
• Strong documentation skills supporting credit decisions for QA/audit review.

Preferred Qualifications

• Experience with HELOC-specific underwriting guidelines and second lien products.
• Familiarity with fraud detection tools, red flag identification, and investigation workflows.
• Experience in high-volume underwriting environments with SLA expectations.
• Proficiency with Excel/Sheets for income calculation and loan analysis.
• Familiarity with compliance and regulatory requirements related to mortgage underwriting.

Pay

The anticipated base salary for this position is expected to be within the range of $79,000 - $109,200 USD. Individual pay is determined by job-related skills, experience, and relevant education or training.

Schedule

This role is available in the following locations: Remote. The team operates on the East / West coast time zones. The majority of your work can be accomplished remotely. The majority of our employees can live and work anywhere in the U.S., but are encouraged to spend high quality time in-person collaborating via regular onsites. The in-person sessions' cadence varies depending on the team and role; most teams meet once or twice per quarter for 2-4 consecutive days at a time.