Non-QM Underwriter
Z Loans Funding, Las Vegas, NV, United States
Z Loans is seeking an experienced Wholesale Non-QM Underwriter to join our growing team. This role is responsible for evaluating complex mortgage loan files and making credit decisions across a wide range of products.
The ideal candidate brings strong expertise in a wholesale environment, manual underwriting and thrives in a fast-paced environment working with non-traditional borrower scenarios.
Responsibilities
Underwrite Non-QM and Non-Agency mortgage loans from initial review through final decision
Analyze borrower credit, income, assets, and collateral to determine overall risk and eligibility
Evaluate non-traditional income sources, including bank statements, 1099s, profit & loss statements, DSCR, WVOE, and asset utilization
Ensure loans meet internal guidelines as well as investor requirements
Issue clear, well-documented credit decisions, including conditions, suspensions, and denials
Reassess and update loan decisions as additional documentation is received
Utilize AUS (DU/LP) and LOS platforms to review and validate loan data
Review third-party reports such as appraisals, title, and fraud tools to identify potential risks
Partner with account executives and brokers to help structure eligible loan scenarios
Maintain strong pipeline management while meeting turnaround time expectations
Assist with post-closing conditions or escalations as needed
Ensure all files are complete, accurate, and compliant with ATR/QM standards where applicable
Qualifications
Minimum 5 years of recent wholesale underwriting experience focused on Non-QM and Non-Agency mortgage loans
Strong background in manual underwriting and complex credit analysis
Hands‑on experience with DSCR, bank statement, P&L, 1099, WVOE, and asset‑based lending programs
Proficiency with AUS systems (DU/LP) and common LOS platforms
Experience with MeridianLink or LendingQB
Strong ability to interpret detailed financial documents and assess risk
Familiarity with fraud detection tools and title review
Excellent communication and decision‑making skills
Highly organized with the ability to manage multiple loans simultaneously
Industry
Financial Services
Employment Type Full-time
#J-18808-Ljbffr
The ideal candidate brings strong expertise in a wholesale environment, manual underwriting and thrives in a fast-paced environment working with non-traditional borrower scenarios.
Responsibilities
Underwrite Non-QM and Non-Agency mortgage loans from initial review through final decision
Analyze borrower credit, income, assets, and collateral to determine overall risk and eligibility
Evaluate non-traditional income sources, including bank statements, 1099s, profit & loss statements, DSCR, WVOE, and asset utilization
Ensure loans meet internal guidelines as well as investor requirements
Issue clear, well-documented credit decisions, including conditions, suspensions, and denials
Reassess and update loan decisions as additional documentation is received
Utilize AUS (DU/LP) and LOS platforms to review and validate loan data
Review third-party reports such as appraisals, title, and fraud tools to identify potential risks
Partner with account executives and brokers to help structure eligible loan scenarios
Maintain strong pipeline management while meeting turnaround time expectations
Assist with post-closing conditions or escalations as needed
Ensure all files are complete, accurate, and compliant with ATR/QM standards where applicable
Qualifications
Minimum 5 years of recent wholesale underwriting experience focused on Non-QM and Non-Agency mortgage loans
Strong background in manual underwriting and complex credit analysis
Hands‑on experience with DSCR, bank statement, P&L, 1099, WVOE, and asset‑based lending programs
Proficiency with AUS systems (DU/LP) and common LOS platforms
Experience with MeridianLink or LendingQB
Strong ability to interpret detailed financial documents and assess risk
Familiarity with fraud detection tools and title review
Excellent communication and decision‑making skills
Highly organized with the ability to manage multiple loans simultaneously
Industry
Financial Services
Employment Type Full-time
#J-18808-Ljbffr