Mortgage Underwriter IIIII HELOC

Job Description

As a Mortgage Underwriter
, you’ll impact the lives of everyday people and help them go from surviving to thriving with innovative digital personal finance solutions. The Mortgage (HELOC) Underwriter is responsible for calculating income, reviewing all third‑party vendor services to include AVM, fraud, and credit supplements, and for the review, conditioning, and final decisioning of the loan product.

This role will partner closely with the client, sales, and mortgage operations teams to ensure an optimal customer experience as they collaborate with Mortgage Advisors to secure desired loan financing. You will keep abreast of underwriting guidelines specific to home loans and of industry changes that could affect loan outcomes, ensuring all applications are reviewed with the highest level of quality attention.

Hybrid: 90% of your time spent working from home, 1–3 days in our Tempe office each month.
Candidates must reside in the greater Phoenix area.

• Evaluate loan applications and borrowers’ creditworthiness
• Adhere to departmental SLAs
• Monitor Regulation B compliance and ensure underwriting decisions are made within applicable SLAs
• Verify income and employment information, review credit history, and calculate the value of borrowers’ collateral/assets
• Analyze personal and business (Corporate, S Corporation, and Partnership) income tax returns and prepare Self‑Employed Analysis for mortgage qualification
• Review all appraisals (AVM, PICR, 1004, 1025) to confirm they meet the standards for the requested loan type and support the market value conclusion
• Contact third‑party vendors, as necessary, to resolve conflicting information or appraisal issues
• Follow underwriting procedures
• Approve or deny loan requests based on Home Loan underwriting guidelines and investor criteria
• Document reasons for approval or denial, and complete adverse action notices when applicable
• Answer audit issues on purchases or pre‑purchased loans

• Minimum of 3–5 years (UW II) or more than 5 years (UW III) of underwriting experience in home loans
• Results‑oriented, entrepreneurial individual, adaptable in a startup environment handling first mortgage products, HELOCs, etc.
• Experience with self‑employment verification
• Demonstrated skills in income calculation and credit review
• Excellent communication skills
• Ability to meet deadlines and achieve goals
• Ability to work with cross‑functional teams toward delivery of goals and objectives
• Ability to multi‑task at a high level
• Ability to work independently, as well as in a team environment
• Ability to work in a fast‑paced, high‑volume mortgage environment
• Seeks feedback and accepts coaching with a continual desire to improve

• Hybrid and work‑from‑home opportunities (both work‑from‑home and occasional time in Tempe office)
• 401(k) with employer match
• Medical, dental, and vision with HSA and FSA
• Competitive vacation and sick time off, as well as dedicated volunteer days
• Access to wellness support through Employee Assistance Program, Talkspace, and fitness discounts
• Up to $5,250 paid back on eligible education expenses
• Pet care discounts for your furry family members
• Financial support in times of hardship through the Achieve Care Fund
• A safe place to connect with other employees through six employee resource groups