Mortgage Underwriter

Company Overview

Sutherland is a digital transformation organization that focuses on creating strong experiences for customers and employees alike. With more than 37 years of experience supporting client customers, the company emphasizes delivering service that feels immediate, relevant, predictive, and seamless. Its capabilities combine human insight, design thinking, process engineering, robotic automation, conversational AI, AI/ML-enabled products, and cloud platforms. The company describes its philosophy as One Sutherland, built on trust and value.

Role Summary

The Mortgage Underwriter will assess, analyze, and make underwriting decisions on residential mortgage applications across Conventional and Non-Qualified Mortgage (Non-QM) products. The role includes DSCR loans and other alternative documentation programs. The position requires ensuring adherence to investor, agency, company, and regulatory standards while evaluating borrower eligibility, controlling lending risk, and helping move loans to decision efficiently. Strong judgment, precision, and analytical ability are essential for success in a fast-moving mortgage environment.

Key Responsibilities

• Examine and underwrite residential mortgage applications, covering Conventional, Non-QM, and DSCR loan types.
• Review borrower credit, income, assets, employment history, financial strength, and collateral to determine eligibility and risk.
• Work with alternative documentation programs such as bank statement, asset depletion, ITIN, 1099, and P&L-only loans.
• Compute and evaluate DSCR metrics and complete detailed income and risk assessments.
• Apply agency, investor, company, federal, and state lending rules, including Fannie Mae, Freddie Mac, ATR/QM, TRID, RESPA, TILA, HMDA, HOEPA, and related requirements.
• Carry out manual underwriting where needed and review exceptions within defined risk limits.
• Render approvals, conditional approvals, suspensions, or denials based on underwriting policy and risk findings.
• Check loan files for accuracy, completeness, consistency, and regulatory compliance, and flag any gaps or concerns.
• Explain underwriting conditions and decisions to loan officers, account executives, brokers, processors, and other internal or external stakeholders.
• Assess resubmitted conditions and updated documents to keep the loan moving toward closing.
• Keep underwriting records and file documentation accurate and up to date.
• Assist with audits, quality control checks, and post-closing documentation requests.
• Track mortgage industry updates, investor expectations, agency changes, regulatory revisions, and Non-QM product developments.
• Help improve operational processes to strengthen efficiency, loan quality, and customer service.
• Handle several loan files at once while meeting service levels and production timelines.

Qualifications

• A bachelor’s degree in Finance, Business Administration, Economics, or a related subject is preferred, though equivalent relevant experience may also be considered.
• 2 to 5 years of mortgage underwriting experience is required, with exposure to Conventional and/or Non-QM lending.
• Strong working knowledge of Conventional underwriting standards, including Fannie Mae and Freddie Mac rules.
• Prior experience with Non-QM underwriting, especially DSCR and alternative documentation loans, is preferred.
• Solid understanding of mortgage lending laws, regulations, and compliance expectations.
• Hands-on experience with Loan Origination Systems, Automated Underwriting Systems such as DU and LP, and electronic file management tools.
• Strong analytical thinking, critical reasoning, and decision-making ability.
• Capability to perform detailed income calculations, credit review, collateral analysis, and risk evaluation.
• Good communication skills in both written and spoken English.
• Very high attention to detail along with strong organization and time management skills.
• Ability to work independently and manage a high-volume queue in a demanding environment.

Preferred Experience

• Experience across wholesale, correspondent, or retail mortgage lending channels.
• Exposure to secondary market requirements and investor-specific underwriting rules.
• Familiarity with quality control, audit procedures, and post-closing review processes.

Working Conditions

• This is a full-time remote role.
• The work involves managing multiple loan files and deadlines in parallel.
• Regular coordination is expected with loan officers, processors, account executives, operations teams, auditors, and management.
• The role requires immediate availability to join.
• US rotational night shifts are part of the schedule.

Additional Information

If you are prepared to advance your career and apply your skills in a challenging and rewarding mortgage underwriting role, this opportunity is open for consideration.