Non-QM Loan Underwriter

Job Summary

We are seeking a skilled and detail-oriented

Non-QM Loan Underwriter

to join our team supporting U.S.-based lenders. The role
involves the manual underwriting of Non-Qualified Mortgage (Non-QM) loan files, requiring in-depth analysis of complex borrowerprofiles, alternative income documentation, and investor-specific guidelines. The ideal candidate will bring a strong understanding ofnon-QM programs, risk assessment, and credit evaluation, while working in close coordination with onshore stakeholders.

Key Responsibilities

Manually underwrite Non-QM loan files by evaluating full income, asset, credit, and collateral documentation.
Analyze alternative income types such as bank statements, P&L statements, 1099s, DSCR, and asset depletion.Review files for completeness, accuracy, and eligibility based on lender-specific Non-QM guidelines and overlays.Conduct detailed risk assessment and write clear and concise underwriting rationale.Communicate and clear underwriting conditions in coordination with processors and loan officers.Maintain productivity and quality standards as per client-defined SLAs.Ensure compliance with internal policies, investor requirements, and applicable federal regulations.Participate in file audits and assist in responding to post-closing and QC inquiries.

Qualifications

3 5 years of U.S. mortgage underwriting experience

with at least

1 2 years in Non-QM

.
In-depth knowledge of Non-QM programs including Bank Statement, DSCR, 1099, CPA/P&L, and Asset Utilization loans.Proficiency in manual underwriting and documentation of non-agency loan decisions.Strong understanding of U.S. credit, income documentation, and property appraisal norms.Experience with LOS platforms (e.g., LendingPad, Encompass, Calyx) and document management systems.Strong English communication skills (written and verbal).Willingness to work in

U.S. time zone shifts

(EST/PST), as required.

Preferred Skills

Experience working in an offshore BPO/KPO environment supporting U.S. lenders.
Familiarity with investor-specific Non-QM guidelines.Exposure to Correspondent, Wholesale, or Non-Delegated Underwriting channels.

Work Schedule & Environment

Location: Bangalore
Shift Timing: U.S. time zone coverageSecure work environment per client information security standardsSkills: underwriting rationale,non qm,underwriting,risk assessment,files,credit evaluation,manual underwriting,non-qm loan underwriting,lendingpad,file audits,secure work environment,income documentation,property appraisal