Non-QM Underwriter Jobs
Non-QM Underwriter jobs are open across mortgage banking, wholesale lending, and private credit, with roles ranging from junior analyst to senior and lead underwriter, covering specializations in bank statement loans, DSCR products, and asset-depletion underwriting. Scan the live roles below and apply to whichever ones fit.
Find Non-QM Underwriter JobsOverview
Showing 5 of 9+ Non-QM Underwriter jobs
Exponential Mortgage, Inc. is a growing Non-QM wholesale lender, and New York is our next big market. We are hiring a Wholesale Account Executive based in the NYC area to help build and expand our broker network across New York.
This is a hybrid role: in our Queens (Flushing) office 2 days a week, and in the field or remote the rest of the week. You will work directly with our leadership team on the New York expansion.
We are looking for someone who knows how to find brokers, win their first submission, and keep them coming back. Experienced AEs with an established NY broker network are strongly encouraged to apply.
What You'll Sell
- DSCR
- Bank Statement
- ITIN
- Foreign National
- HELOAN / HELOC
- Second Lien
What You'll Do
- Lead broker growth across NYC, Long Island, and the surrounding New York market.
- Prospect, sign up, and grow mortgage brokers through outbound calls, meetings, and consistent outreach.
- Introduce brokers to our loan programs, pricing, and guidelines, and help structure scenarios.
- Guide new brokers through approval and onboarding, and build lasting relationships that generate consistent submissions.
- Work with our processing, underwriting, closing, and operations teams to move loans from submission to funding.
- Work directly with our leadership team on the New York expansion strategy.
What We're Looking For
- Must live within commuting distance of Queens, NY, and be able to work from our Flushing office 2 days a week.
- Wholesale/TPO Account Executive experience, or a loan officer / mortgage professional ready to move into wholesale.
- Existing New York broker relationships strongly preferred.
- Non-QM and DSCR knowledge is a plus.
- Comfortable cold calling and starting conversations with new prospects.
- Self-motivated, organized, and comfortable working toward sales and production goals.
Training & Support
You will receive hands-on training on our products, systems, broker development strategy, and TPO lending process, and work directly with our TPO leadership team.
Compensation (upfront, so we don't waste your time)
- 1099, commission only — no base salary and no draw.
- Commission paid in basis points (bps) on funded volume; details shared in the first conversation.
- $3,000 bonus at 90 days (6+ new approved brokers and $4M+ in submissions).
- $7,000 bonus at 12 months.
- A compensation increase is planned for 2027.
Job Type: Full-time
Benefits:
- Flexible schedule
Application Question(s):
- Briefly describe your previous experience in the mortgage industry, including your role(s) and primary responsibilities.
- Are you comfortable making outbound cold calls and proactively reaching out to mortgage brokers to develop new business?
- Do you currently have established relationships with mortgage brokers or other mortgage professionals who could potentially become business partners?
- This is a 1099, commission-only role with no base salary and no draw. Are you comfortable with that compensation structure? (Yes / No)
- In the last 90 days, how many mortgage brokers submitted loans to you? Roughly what was your funded volume over the last 12 months?
Experience:
- mortgage industry : 1 year (Preferred)
Ability to Commute:
- Flushing, NY 11354 (Preferred)
Work Location: Hybrid remote in Flushing, NY 11354
See All 9 Non-QM Underwriter Jobs
Find roles that match your experience and apply in just a few clicks.
Find Non-QM Underwriter JobsNon-QM Underwriter Job Market
Who's Hiring
Top Industries Hiring
- Staffing & Recruiting
- Construction & Real Estate
What Employers Look For
The qualifications that appear most often in Non-QM underwriter jobs.
- Three or more years of non-QM or non-agency mortgage underwriting experience
- Proficiency with bank statement income analysis and profit-and-loss income calculation
- Experience with DSCR loan products and investor rental property underwriting
- Working knowledge of multiple non-QM investor guidelines and overlay matrices
- Familiarity with loan origination systems such as Encompass or comparable platforms
- DE designation or equivalent conventional underwriting credential preferred
Tips for Your Non-QM Underwriter Job Search
Tailor your resume to loan type
Non-QM covers a wide range of products, so your resume needs to call out the specific loan types you've underwritten, whether that's bank statement, DSCR, foreign national, or asset-depletion. Generalist language gets filtered out fast at shops that specialize.
Apply early to roles that fit
Migrate Mate lists non-qm underwriter openings from across the United States in one place, so you can find roles that match and apply directly to each listing.
Highlight your exception and overlay experience
Many non-QM shops care more about how you handle exceptions and compensating factors than your base approval volume. Call out scenarios where you underwrote to guidelines that required manual narrative justification rather than automated decisioning.
Get clear on the company's investor guidelines
Before your interview, research whether the lender sells to a single investor or uses multiple investors with different overlays. Interviewers at non-QM shops frequently test whether candidates understand guideline variances across investor channels, not just a single published matrix.
Show income calculation depth on your resume
Non-QM underwriting lives and dies on income analysis outside traditional W-2 documentation. Explicitly list the income types you've calculated, such as 12-month or 24-month bank statements, profit-and-loss only, or 1099 self-employment, so reviewers don't have to guess your scope.
Negotiate turnaround time expectations upfront
Non-QM pipelines move differently than agency business, and turnaround time commitments vary significantly by shop. During the offer stage, clarify the expected file volume per day and whether the team has underwriting support staff, since those details affect your day-to-day workload substantially.
Non-QM Underwriter Jobs: Frequently Asked Questions
Which companies are hiring the most non-qm underwriters?
The most active employers for non-qm underwriters right now are Jobot, Lendz Financial, and Place Studio, and the most openings are in Utah, Texas, and New York, based on current listings on Migrate Mate as of November 2026. Non-QM hiring tends to concentrate at wholesale lenders, correspondent channels, and private credit shops rather than retail banks.
How many non-qm underwriter jobs are remote?
About 86% of non-qm underwriter openings are fully remote or hybrid as of November 2026, with remote roles most common for senior underwriters handling bank statement and DSCR files who can work independently within established investor guidelines. Junior and training-track roles are more likely to require in-office time for guideline coaching and pipeline oversight.
How do you become a non-qm underwriter?
Most non-qm underwriters start by building a foundation in conventional or government loan underwriting to learn core credit analysis, income documentation, and collateral review. From there, moving to a non-QM shop or a lender with a non-agency product line gives you direct exposure to bank statement income, DSCR analysis, and investor-specific overlays. Learning to read and apply multiple investor matrices side by side is what distinguishes a non-QM specialist from a generalist underwriter.
Can you get hired as a non-qm underwriter with little experience?
Breaking in with limited experience is possible if you have a solid foundation in agency underwriting and can demonstrate strong income analysis skills, particularly with self-employed borrowers or complex documentation. Some non-QM lenders hire candidates from conventional underwriting backgrounds and train them on non-agency guidelines and investor matrices in-house. Focusing your resume on manual underwriting scenarios, compensating factor analysis, and exception write-ups helps differentiate you from candidates with only automated decisioning experience.
What does the non-qm underwriter interview process look like?
Most non-qm underwriter interviews start with a recruiter or HR screen to verify your product experience and guideline familiarity, followed by a technical interview with an underwriting manager or chief underwriter. That stage typically includes scenario-based questions where you walk through how you'd handle a specific income type, an exception request, or an investor overlay conflict. Some shops also include a written underwriting exercise or file review before extending an offer.
Where can I find and apply to non-qm underwriter jobs?
You can find and apply to non-qm underwriter jobs on Migrate Mate, which lists current openings from across the United States in one place. Search for roles that match your product experience and seniority level, then apply directly to each listing that fits your background.
See All 9 Non-QM Underwriter Jobs
Find roles that match your experience and apply in just a few clicks.
Find Non-QM Underwriter Jobs