Job Description

Job Description

Job Description

Lendz Financial offers a full-service direct wholesale residential mortgage lending platform, focused on helping mortgage brokers grow their loan origination volume with simplified processes and intuitive, tech-based solutions. We emphasize a modern, customer-centric approach, offering competitive rates, a diverse range of products, and rapid turnaround times. Committed to delivering a world-class experience for our broker partners, we streamline the lending process to ensure a smooth journey from application to closing. Our core values—Thrive Together, Act Like an Owner, and Exceed Expectations—cultivate a collaborative, high-performance culture that drives our pursuit to become the undeniable leader in mortgage lending. Lendz is proud to be certified as a Great Place to Work!

Job Summary:
Lendz Financial is seeking an experienced and detail-oriented Non-QM Underwriter to join our growing team. This position is critical to the success of our mortgage operations and focuses on underwriting complex loan files, with an emphasis on Non-QM products such as Bank Statement, DSCR, and Asset Utilization programs.

This is a fully remote position , starting on Central Time hours (9:00 AM – 6:00 PM CT) to align with our current workflow. Candidates must be able to transition to West Coast hours (9:00 AM – 6:00 PM PST) as business needs evolve.

Responsibilities:

• Underwrite mortgage loan applications in compliance with investor and company guidelines
• Act as the subject matter expert on all Lendz Financial programs, with a focus on Non-QM products
• Perform an average of 5 underwrites per day, adjusted for volume
• Maintain underwriting queue in accordance with established SLAs
• Achieve and maintain quality benchmarks:
  • Pre-closing defect rate below 10%
  • Post-closing defect rate below 5%
• Analyze borrower income, including complex structures such as self-employed, 1099, and asset depletion
• Review 12- and 24-month personal/business bank statements, P&Ls, and cash flow statements
• Ensure full compliance with federal, state, and investor regulations
• Make clear, well-documented underwriting decisions aligned with company and program guidelines
• Provide written justifications for underwriting outcomes and loan conditions
• Deliver exceptional support to loan officers, operations, and borrowers throughout the loan lifecycle
• Collaborate with internal teams to evolve program guidelines and compliance standards
• Partner with Account Managers and Sales to resolve file-level issues and clarify conditions
• Stay current on industry trends, guideline changes, and regulatory updates

Qualifications:

• Minimum 5 years of mortgage underwriting experience required
• At least 2 years of hands-on Non-QM underwriting experience
• Expertise in analyzing complex income sources including:
  • Bank Statement Programs
  • Self-employed borrower income
  • Business financial documentation
• Familiarity with common Non-QM programs such as DSCR, Asset Utilization, and 1099-only products
• Excellent communication skills and a collaborative mindset
• Strong time management and the ability to prioritize in a fast-paced environment
• Proven problem-solving abilities and sound judgment in loan decisioning

Benefits:

• Highly subsidized medical insurance
• Low-cost dental and vision insurance
• 401(k) program
• Health Savings Account (HSA)
• Generous paid time off and company holidays
• Learning and development opportunities
• Friendly, collaborative work environment.

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