4 months ago
Non-QM Underwriter
Dallas, Texas - Office
Full-time
Mid Level
Financial Analyst
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Description
- We are seeking a highly experienced Non-QM and Non-Conforming underwriting expert who is ready to transition into a mortgage technology and pricing engine environment. This role centers on converting complex underwriting guidelines into structured logic and validating pricing/eligibility outputs. The ideal candidate has deep underwriting and credit knowledge, strong communication skills, and an aptitude for learning technology.
- What you’ll do:
- Serve as the subject-matter expert for investor guidelines (Non-QM, Conforming, Jumbo) and program eligibility.
- Analyze, interpret, and translate complex investor guidelines including those for bank statements, DSCR, P&L, 1099s, and asset depletion into clear, structured logic for the pricing and eligibility engine.
- Update, maintain, and validate rules within the pricing engine to ensure all pricing (LLPAs, Spec Payups) and eligibility outputs are accurate and consistent with investor requirements.
- Proactively recommend improvements to guideline logic and system behavior to enhance efficiency and accuracy.
- Monitor, review, and interpret all investor communications (e.g., daily emails, notifications) for guideline, rate sheet (LLPA), and product changes.
- Determine the pricing and eligibility impact of changes and promptly implement them within the system (Polly), including adding new products and adjusting payups, often under same-day deadlines.
- Conduct systematic validation and testing of pricing and eligibility engine outputs.
- Troubleshoot and resolve escalated customer support tickets, which may involve full audits of existing investor configurations for content accuracy in eligibility and pricing.
- What you have:
- 7+ years of recent mortgage industry experience, with the last 5+ years focused on Non-QM, Non-Conforming, and Jumbo underwriting.
- Deep, practical expertise in investor guidelines for FNMA, FHLMC, and Non-QM programs, with the ability to accurately interpret and apply them.
- Specialized experience underwriting complex income, including bank statements, DSCR, 1099s, tax returns, and asset depletion.
- Technically adept and eager to transition into tech, with a desire to master rule engines, pricing models, workflow systems, and new platforms quickly. Savvy with tools like Excel.
- Analytical problem-solver with the ability to anticipate edge cases, think like both an underwriter and a systems analyst, and maintain a high level of detail and accuracy.
- Exceptional customer-centric communication skills, combining strong writing and verbal ability with empathy, diplomacy, and poise under pressure to resolve issues and explain technical concepts clearly.
- Why join Polly?
- We are attacking a trillion-dollar market with gross inefficiencies and seeking to transform the way an entire industry operates.
- We have an experienced leadership team that previously built large and impactful platforms.
- Outstanding opportunity for professional growth and upward mobility.
- Direct engagement with the decision makers and senior business leaders.
- Competitive salaries.
- 100% paid medical/vision/dental/disability/life insurance for full time employees.
- Flexible vacation.
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Requirements
- 7+ years of recent mortgage industry experience, with the last 5+ years focused on Non-QM, Non-Conforming, and Jumbo underwriting.
- Deep, practical expertise in investor guidelines for FNMA, FHLMC, and Non-QM programs, with the ability to accurately interpret and apply them.
- Specialized experience underwriting complex income, including bank statements, DSCR, 1099s, tax returns, and asset depletion.
- Technically adept and eager to transition into tech, with a desire to master rule engines, pricing models, workflow systems, and new platforms quickly.
- Savvy with tools like Excel.
- Analytical problem-solver with the ability to anticipate edge cases, think like both an underwriter and a systems analyst, and maintain a high level of detail and accuracy.
- Exceptional customer-centric communication skills, combining strong writing and verbal ability with empathy, diplomacy, and poise under pressure.
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Benefits
- 100% paid medical, vision, dental, disability, and life insurance for full-time employees.
- Flexible vacation.