Sr. Underwriter - Non-QM & Jumbo

Here at Lower, we believe homeownership is the key to building wealth, and we’re making it easier and more accessible than ever. As a mission-driven fintech, we simplify the home-buying process through cutting-edge technology and a seamless customer experience. With tens of billions in funded home loans and top ratings on Trustpilot (4.8), Google (4.9), and Zillow (4.9), we’re a leader in the industry. But what truly sets us apart? Our people. Join us and be part of something bigger. Job Description: The Sr. Underwriter is responsible for analyzing, evaluating and verifying Non-QM and Jumbo mortgage loan applications and evaluating loans for approval or denial in order to maximize organizational profit. This position is vital to Lower by minimizing risk or loss to the company, and to ensure the loan file conforms to the credit and property guidelines of all federal agencies, private mortgage insurers and investors. Location: Remote - West Coast Hours: 8:30am - 5pm PST What you’ll do: Render approval/denial of mortgage loan applications consistent with current internal and external regulations and guidelines. Analyzes and evaluates creditworthiness of borrowers including but not limited to the review of financial statements, tax returns, asset statements, bank account statements, etc. Investigates and documents any anomalies in the credit file that may not have been addressed. Reviews and recommends approvals or denials for Jumbo and Non-QM loans. Additional loan types may also include government loans and conforming products. Issues loan conditions and required documentation to meet any investor, agency and/or regulatory requirements. Maintains current knowledge of internal and regulatory changes that affect the underwriting of mortgage loans. Provides guidance to loan processors on questions about various loan scenarios, documentation and guideline requirements. Provides and promotes exceptional customer service both internally and externally. Attendance, promptness, professionalism, the ability to pay attention to detail, cooperativeness with co-workers and management, and excellent customer service. Other duties or special projects as assigned. Who you are: 3+ years of prior experience working as a Sr. Underwriter. 1+ year working primarily with Non-QM and/or Jumbo loans. Working knowledge of all current regulations governing mortgage lending. Working knowledge of investor and agency guidelines. Ability to use systems and software programs needed to conduct daily business. Encompass experience preferred. When you join: You’ll be surrounded by talented, dedicated people who believe in the company’s mission. You’ll be able to shape the future of Lower’s user experience. You’ll join a locally and nationally recognized best place to work that values promotion from within. There is opportunity for professional growth and development. What you'll get: Extended benefit offerings including medical/dental/vision, life insurance short- and long-term disability, and parental leave Paid holidays and paid time off 401K with company match Discounts on home mortgage refinances or purchase Lower provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training. Privacy Policy Apply To This Job