What are the responsibilities and job description for the In Office Non-QM Underwriter position at National Mortgage Staffing?
Non-QM Underwriter (DSCR / Bank Statement / Alt-Doc) – On-Site only- NOT REMOTE OR HYBRID
Our client, a growing California-based mortgage lender, is seeking an experienced Non-QM Underwriter with expertise in DSCR, Bank Statement, and alternative documentation loan products.
Key Responsibilities
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Review and underwrite Non-QM, DSCR, Bank Statement, VOE, P&L, and Asset-based mortgage loans.
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Analyze self-employed and alternative documentation income calculations.
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Ensure all files meet company, investor, and regulatory guidelines.
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Run AUS findings and evaluate risk using DU, LPA, and Total Scorecard.
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Communicate effectively with processors, account managers, and loan officers to resolve file conditions.
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Manage a consistent underwriting pipeline, maintaining strong accuracy and turnaround times.
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Stay current on investor guidelines and evolving Non-QM products.
Qualifications
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Minimum 5 years of residential mortgage underwriting experience.
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3 years of Non-QM underwriting experience (required).
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Advanced understanding of DSCR, Bank Statement, VOE, P&L, and Asset-based loans.
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Strong experience underwriting self-employed borrowers and complex income structures.
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Proficiency with Encompass LOS, CoreLogic FraudGuard, and AUS systems (DU, LPA, Total Scorecard).
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Must have underwritten front line loans within the past 12 months.
Compensation & Benefits
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Base salary: $70,000–$100,000 (DOE)
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Bonus: Monthly eligibility after 2 years based on funding quota
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Benefits: Health Insurance, SIMPLE IRA (3% match), PTO, 5 sick days per year
National Mortgage Staffing does not determine the requirements or compensation for this role. All criteria are set forth by our client and must be followed exactly.
Salary : $70,000 - $100,000