NON-QM Wholesale Mortgage Underwriter

Job Description

Real TPO is a leading National Mortgage Lender based in Los Angeles, CA, offering a dynamic work environment, competitive pay, and ample career growth opportunities. We are seeking passionate, dedicated professionals to join our team and make a meaningful impact in the mortgage industry.

We are currently looking for an experienced Senior Underwriter specializing in Non-QM and Non-Agency loans to support our growing team at Real TPO
. This role requires a deep understanding of manual credit analysis and underwriting across a broad spectrum of loan types, including DSCR, Bank Statement, P&L, WVOE, 1099, and Asset Utilization loans. The successful candidate will play a critical role in assessing borrower creditworthiness and ensuring our loan decisions align with investor and company guidelines.

Key Responsibilities:

• Underwriting and Analysis
  :
  Manually underwrite Non-QM and Non-Agency loans, including review of borrower credit files, assets, capacity, and property information to determine eligibility. Analyse complex income tax returns to establish qualifying income.
• Loan Evaluation
  :
  Review consumer home loan applications, validate supporting documentation, and assess the borrower’s ability to repay mortgage debt. Ensure compliance with investor guidelines for Non-QM and agency loans.
• System Management
  :
  Utilize automated underwriting systems (AUS) and Loan Origination Systems (LOS) to validate loan applications. Update systems to ensure accuracy of information, including title, value, income, asset, and fraud reports.
• Decision Making
  :
  Recommend approval or denial of loan applications and provide both verbal and written explanations for decisions. Re-underwrite loans when additional documentation is received.
• Quality Control
  :
  Run and review quality control tools such as Fraud Guard and Early Check. Interpret and analyse DU/LP results to ensure loan meets all necessary guidelines.
• Collaboration
  :
  Act as the subject matter expert (SME) to assist sales and business partners in structuring eligible loans in conjunction with third‑party originators.
• Production Goals
  :
  Maintain production standards and goals set by management, ensuring timely and efficient loan processing.
• Post-Closing Support
  :
  Assist in resolving any post-closing suspense issues as required.
• Documentation
  :
  Complete necessary underwriting worksheets and checklists, such as Income Worksheets and QM/ATR checklists, ensuring all relevant information is accurately documented.

Qualifications:

• Minimum 5 years of recent experience underwriting Non-QM loans in the mortgage industry, including manual guidelines.
• High school diploma or equivalent required; college degree preferred.
• Experience with automated underwriting systems (AUS) and Loan Origination Systems (LOS).
• Proficiency in Microsoft Office (Word, Excel, Outlook) and internet browsers.
• Strong organisational, analytical, and problem‑solving skills.
• Ability to work independently and collaboratively within a team.
• FHA and VA underwriting experience a plus.
• Ability to evaluate complex financial documents, such as income tax returns, to determine loan eligibility.
• Experience with reviewing and interpreting fraud reports and title information.
• Position is on-site at our Los Angeles, CA location; remote work is not available.

If you’re an experienced underwriter with a passion for providing outstanding customer service and a keen eye for detail, we invite you to join our team and make an impact at Real TPO
.

Fun environment with lots of local restaurants, shops and bars. Located in the heart of Los Feliz, adjacent to Hollywood.