Non-Agency Credit Underwriter - Home Lending Operations Consumer Underwriting

Make a direct impact on responsible home lending by delivering clear, well-supported credit decisions. You’ll help protect customers and the firm by applying disciplined underwriting and fair lending practices. This role offers variety across credit, income, asset, and collateral analysis, with opportunities to deepen expertise in complex files. You’ll partner closely with cross-functional teams to keep the loan process accurate and efficient. If you enjoy balancing risk management with customer-focused service, this role is for you.

Job summary

As a Non-agency Credit Underwriter in the home lending underwriting team, you review mortgage loan applications to assess creditworthiness, repayment capacity, and collateral risk, and you render accurate, well-documented underwriting decisions. You apply credit policy, applicable investor or agency guidelines, and regulatory requirements while supporting fair and consistent treatment of customers. Depending on assigned authority and business need, you may also support second reviews, peer discussions, coaching, or knowledge sharing.

Job responsibilities

- Underwrite non-agency, agency, and home equity mortgage loan files within assigned authority by applying credit policy, investor or agency guidelines, product requirements, and applicable laws and regulations
- Analyze borrower income, employment, assets, liabilities, credit history, repayment capacity, and other relevant risk factors
- Review loan applications, disclosures, and supporting documentation for completeness, accuracy, and consistency
- Evaluate property and collateral documentation (including appraisal and title-related information, as applicable) to assess collateral risk and property condition
- Calculate qualifying income and debt ratios and validate funds and assets using documented verification methods
- Identify documentation gaps, inconsistencies, and policy exceptions and set clear, appropriate underwriting conditions
- Render timely, well-supported approval, suspension, or denial decisions within delegated authority and escalation requirements
- Communicate underwriting decisions, conditions, and rationale clearly to loan officers, mortgage processors, closers, quality assurance partners, risk partners, and other appropriate stakeholders
- Identify potential fraud or misrepresentation indicators and escalate concerns through established processes
- Apply fair lending practices and consistent treatment of customers throughout the underwriting process
- Maintain current knowledge of policy, investor or agency guidance, product changes, and regulatory updates while meeting productivity, quality, and turnaround-time expectations

Required qualifications, capabilities and skills

- Experience underwriting non-agency, agency, and/or home equity mortgage loans
- Ability to assess creditworthiness, repayment capacity, and collateral risk and document a clear underwriting rationale
- Skill in reviewing income and employment documentation (e.g., pay documentation, tax returns, and related supporting materials) and analyzing complex income scenarios when required
- Skill in reviewing asset documentation (e.g., bank and investment statements) and validating funds and reserves
- Skill in reviewing credit reports and debt obligations and evaluating overall repayment capacity
- Ability to identify documentation deficiencies, inconsistencies, and elevated risk indicators and determine appropriate conditions or escalation paths
- Working knowledge of applicable mortgage underwriting requirements, including investor or agency guidelines and relevant regulatory expectations
- Knowledge of fair lending principles and commitment to consistent treatment of customers
- Strong written and verbal communication skills to explain decisions and conditions to internal partners
- Strong attention to detail and ability to manage an underwriting pipeline while balancing quality, productivity, and service expectations

Preferred qualifications, capabilities and skills

- Experience underwriting complex borrower profiles (e.g., self-employed income, multiple properties, or significant asset complexity)
- Experience conducting second reviews or quality review of underwriting decisions
- Experience coaching peers or contributing to training/knowledge sharing within an underwriting team
- Familiarity with automated underwriting findings and integrating results into a documented credit decision, where applicable
- Experience identifying and escalating potential fraud or misrepresentation concerns using established procedures

All application requirements (including updated resume - please include specifics of your career) should be posted, submitted and completed in the Oracle tool.

Internal Application Eligibility Requirements

TENURE:
• Must meet minimum employment tenure requirement. Specific roles require longer tenure in current position to be eligible to apply. Unless established for specific positions by the line of business, the standard tenure requirement is 12 months.
PERFORMANCE:
• Meets satisfactory performance standards as defined by the firm

You affirm that you meet the Internal Application Eligibility Requirements. This includes checking or declaring potential conflict of interest as stipulated in the Employment of Relatives and Employees in Personal Relationships Policy.
By submitting an application and/or joining the interview, you affirm to meet the Internal Mobility Eligibility Requirements as stated in the Applying for Internal Positions Firmwide Standard. You are expected to provide true and accurate information to the Company during the recruitment and application process. Knowingly giving false or misleading information shall be subjected to the imposition of appropriate corrective action, following the firm's Human Resource (HR) Policies and Guidelines.
Consult your Manager for any specific guidelines for your line of business or if you're unsure about your eligibility for an internal application.
Make sure your profile is updated in the new me@jpmc > Hiring and discuss internal mobility plans with your Manager at the soonest time possible. Attaching your updated resume is encouraged.
In partnership, Hiring Managers and Recruiters will review applications to determine which candidates best meet the required skills and experience specified in the job description. While not every application will result in an interview, applications will be acknowledged.