Senior Mortgage Underwriter (Non-QM Focus)

Full-Time | In-Office, Hybrid, or Remote Opportunities Available About Elliman Capital Elliman Capital is the integrated lending arm of Douglas Elliman, one of the nation's largest and most recognized luxury real estate brokerages. Combining modern mortgage technology, sophisticated credit expertise, and exceptional service, we support residential transactions across some of the country's most active and desirable real estate markets. As we continue our rapid national expansion, we are seeking an experienced Senior Mortgage Underwriter with a strong Non-QM background to join our growing credit team. This role is ideal for underwriters who enjoy complex credit analysis, thoughtful decision-making, and working with experienced mortgage professionals in a collaborative environment. You’ll play a critical role in evaluating residential mortgage transactions ranging from agency loans to sophisticated Non-QM scenarios, helping drive sound credit decisions while maintaining a high standard of service and responsiveness. We recognize that great talent comes in many forms and locations. Depending on experience, geography, and business needs, this position may be structured as in-office, hybrid, or fully remote. Compensation packages are tailored accordingly and designed to reward both experience and performance. Why Underwriters Choose Elliman Capital Significant exposure to Non-QM lending, including DSCR, bank statement, asset utilization, and alternative income programs Opportunity to underwrite both Non-QM and agency products Complex and intellectually engaging transactions Direct access to leadership and executive decision-makers Collaborative partnership with production and operations teams Modern technology stack including Encompass and nCino Opportunity to help shape processes and contribute to a growing credit platform Significant advancement opportunities as Elliman Capital continues its national expansion A company that promotes from within and rewards performance What Makes This Role Different Build a Career, Not Just an Approval Queue Elliman Capital is experiencing significant national growth, creating opportunities for ambitious credit professionals who want more than a traditional underwriting role. As we continue expanding into new markets and building our lending platform, high-performing underwriters will have opportunities to contribute to credit policy development, process improvement initiatives, training, and leadership responsibilities. We believe in recognizing talent, rewarding sound judgment, and promoting from within whenever possible. A Collaborative Credit Environment We believe strong underwriting is built on communication, consistency, and collaboration. Our underwriters work closely with production, processing, and leadership teams to find solutions while maintaining disciplined credit standards. This is not an assembly‑line underwriting environment. We value thoughtful analysis, common‑sense decision‑making, and professional judgment. This means you’ll have: Direct access to leadership and decision‑makers Collaboration with experienced processors and loan officers The ability to make a meaningful impact on lending decisions and outcomes A voice in process improvement and operational development Support from a team that values quality, accountability, and mutual respect Technology That Supports Better Decision‑Making Our integrated technology platform is designed to provide underwriters with the information and visibility needed to make efficient and accurate credit decisions. This includes: Encompass LOS nCino borrower and workflow management Integrated document collection and condition management tools Streamlined communication between underwriting, operations, and production Technology designed to improve efficiency without sacrificing credit quality Flexible Work Arrangements Elliman Capital offers flexible work arrangements for qualified candidates, including in-office, hybrid, and remote opportunities. Regardless of location, we maintain high standards for communication, responsiveness, teamwork, and execution. You will work within: A professional environment built on accountability and trust Defined productivity and turnaround expectations Direct access to leadership and operational support A culture that prioritizes professionalism, teamwork, and results Flexibility designed to support both individual success and organizational growth Responsibilities Underwrite Non-QM loan products including DSCR, bank statement, asset utilization, and alternative income programs Analyze borrower creditworthiness, income, assets, liabilities, and overall risk profiles Review complex self‑employed and non‑traditional income scenarios Evaluate appraisals, collateral risk, marketability, and property characteristics Ensure loans meet investor guidelines, internal credit standards, and regulatory requirements Issue clear and well‑supported underwriting decisions and conditions Communicate effectively with processors, loan officers, and management regarding loan structure and credit concerns Provide scenario guidance and product support to internal teams Maintain quality, accuracy, and service level expectations Stay current on investor guidelines, overlays, and regulatory changes Assist with training and mentoring less experienced underwriting staff as needed Requirements 3+ years of recent mortgage underwriting experience Demonstrated experience underwriting Non-QM products, including DSCR + bank statement programs Agency underwriting experience, including Conventional, FHA, VA, and USDA loans preferred Experience evaluating complex self‑employed borrower income Strong appraisal review and collateral analysis experience Encompass experience required Solid understanding of federal and state mortgage regulations, including TILA, RESPA, and Fair Lending requirements Strong analytical, problem‑solving, and decision‑making skills Excellent written and verbal communication skills Professional demeanor aligned with a high‑touch client and referral partner experience Ability to perform successfully in an in-office, hybrid, or remote environment with clear accountability and performance expectations If you are an experienced mortgage underwriter seeking a stable, growth‑oriented environment where your expertise and judgment are valued, we encourage you to apply and learn more about Elliman Capital. #J-18808-Ljbffr