Homeoffice Non-QM and Jumbo Mortgage Underwriter na LoanPeople, LLC

Job Title: Mortgage Underwriter
Location: Remote or Austin, TX Headquarters (relocation not provided)
Employment Type: Full-Time, Non-Exempt
Reports To: Underwriting Manager

About LoanPeople: 

Headquartered in Austin, TX, LoanPeople, LLC was founded by mortgage industry veterans with a strong track record of success. We deliver award-winning in-house service from application to funding, powered by proprietary marketing tools, cutting-edge technology, and a flat organizational structure that fosters collaboration. People are at the heart of our company—we offer competitive salaries, health insurance, 401(k), flexible time off, and a casual, team-oriented work environment.

Learn more: https://loanpeople.com

Position Summary: 

LoanPeople is seeking an experienced Mortgage Underwriter with specialized expertise in Non-QM and Jumbo loan products, in addition to conventional, non-conforming, FHA, VA, and USDA loans. The ideal candidate will be detail-oriented, solutions-driven, and well-versed in underwriting complex scenarios. This role will be critical in ensuring accurate and compliant underwriting decisions across our lending channels, with a particular emphasis on Non-QM and Jumbo loan structuring, analysis, and risk assessment. You'll work closely with loan officers, processors, and leadership to support efficient, high-quality decisions that meet investor and agency guidelines.

Key Responsibilities:

• Underwrite a minimum of three new loan submissions per day, plus resubmissions, in accordance with internal SLAs and quality standards
  

• Analyze and calculate income (including self-employment income) per agency, investor, and Non-QM guidelines
  

• Underwrite a wide variety of loan types, including Conventional, FHA, VA, USDA, Non-QM, and Jumbo loans
  

• Review and decision loans based on credit, income, asset, and collateral analysis, including complex borrower profiles often seen in Jumbo and Non-QM loan scenarios
  

• Recommend alternative structuring options for challenging loan files, particularly for Non-QM borrowers (e.g., bank statement, asset depletion, DSCR)
  

• Evaluate appraisals and collateral using tools such as Collateral Underwriter and Loan Collateral Advisor, with a focus on high-value properties typical in Jumbo lending
  

• Ensure accurate and complete data entry into LOS and AUS (1008, LT, LA, AUS findings, funding conditions)
  

• Stay current on Non-QM and Jumbo investor overlays, agency updates, and internal guideline changes
  

• Communicate underwriting decisions clearly to processing, sales, and secondary marketing teams
  

• Respond promptly to investor or auditor inquiries, conditions, and QC reviews
  

• Contribute to a collaborative team environment that values compliance, accuracy, and timely decision-making
  

Qualifications:

• 5+ years of mortgage underwriting experience with FNMA, FHLMC, and investor guidelines
  

• Proficient with AUS and manual underwriting (DU, LP, GUS)
  

• Direct experience underwriting Non-QM and Jumbo loans, including familiarity with alternative documentation types (e.g., bank statements, P&L, asset-based income, DSCR)
  

• Deep knowledge of Non-QM and Jumbo eligibility guidelines, risk factors, and structuring strategies
  

• Experience with Conventional, FHA, VA, and USDA underwriting
  

• Active CHUMS ID (held for at least 5 years and active within the past 3)
  

• SAR designation (held for at least 5 years and active within the past 3)
  

• Sign-off authority up to conforming loan limits for 1-unit properties
  

• Comfortable working with investor-specific guidelines (e.g., Amerihome, Chase, Wells Fargo, PennyMac)
  

• Proficiency in AllRegs, Microsoft Office, and Loan Origination Systems
  

• Strong understanding of:
  

  • Agency guidelines (FHA, VA, USDA, Conventional)
    

  • Credit and income analysis, including self-employed borrowers
    

  • Real estate collateral valuation and risk assessment
    

  • Texas-specific loan types, including Texas A6 and A4 F(2) refinances
    

• Excellent attention to detail, organization, and time management
  

• Strong written and verbal communication skills
  

• Professional, service-oriented, and collaborative approach
  

• Ability to work independently and prioritize multiple files under tight deadlines