Senior Credit Underwriter

At World Business Lenders (WBL), we provide flexible, short-term commercial loans backed by real estate to help small and medium-sized businesses across the United States — particularly those facing difficulties with traditional financing. We're a fast-moving, results-driven organization that takes security seriously as we continue to growThis is a Full-Time Independent Contractor role with working hours from 9:00 AM - 6:00 PM Eastern Standard Time, Monday through Friday.About World Business LendersAt World Business Lenders (WBL), we provide flexible, short-term commercial loans backed by real estate to help small and medium-sized businesses across the United States — particularly those facing difficulties with traditional financing. We're a fast-moving, results-driven organization that takes security seriously as we continue to growThis is a Full-Time Independent Contractor role with working hours from 9:00 AM - 6:00 PM Eastern Standard Time, Monday through Friday.About the RoleThe Senior Credit Underwriter is responsible for leading complex credit underwriting activities while serving as a trusted advisor to the Chief Lending Officer. This role provides expertise in Non-QM mortgage lending, evaluates complex borrower scenarios, structures credit solutions, and supports sound lending decisions that balance risk and business objectives.In addition to underwriting, the role oversees underwriting teams, mentors junior underwriters, drives process improvements, and collaborates cross-functionally to improve credit quality, operational efficiency, and funded loan volume.What You'll Be Doing (Key Responsibilities)Act as the Chief Lending Officer's 'right hand' trusted advisorPerform early credit assessments ("shift-left") before processing is completeRework denied loans into approvable structures where possibleRecommend counteroffers that reduce risk while preserving profitabilityIdentify compensating factors to strengthen borderline filesConsult with Sales on structuring loans before submissionParticipate in daily pipeline review meetingsAssist in developing underwriting guidelines and SOPsAnalyze trends in denials and fallout to recommend policy or process changesSupport automation efforts by documenting underwriting decision logicServe as the subject matter expert for complex borrower scenariosRequirementsEducation:Bachelor's or Associate's degreeExperience:10+ years of progressive underwriting experience in non-QM mortgage lending.Must-Have RequirementsPlease ensure you met all of the following before applying:10+ years of progressive underwriting experience in Non-QM residential mortgage lendingProven expertise in credit analysis, risk assessment, and loan structuring, with the ability to evaluate complex borrower scenarios and develop viable lending solutionsStrong knowledge of Non-QM loan products, including DSCR, Bank Statement, Asset Depletion, Foreign National, ITIN, and other alternative documentation programsExperience interpreting credit policies, underwriting guidelines, and applicable mortgage regulations (e.g., ATR/QM, TRID, RESPA, TILA), with the ability to make sound, consistent credit decisions.Remote Work RequirementsStable, reliable internet connectionProfessional and dedicated remote working setupPreferred Background / Industry Experience:Non QM residential mortgage lending / MCA lendingKey Soft Skills:Critical Thinking - Evaluates complex borrower scenarios, weighs risk objectively, and makes sound credit decisions based on facts rather than assumptionsAnalytical Mindset - Identifies trends, assesses layered risk, and connects multiple data points to determine overall creditworthinessSound Judgment - Balances prudent risk management with business objectives, knowing when to approve, restructure, or decline a loanProblem Solving - Finds creative, policy-compliant solutions to structure challenging loans instead of defaulting to denialAttention to Detail - Thoroughly reviews financials, documentation, and loan files to identify inconsistencies, omissions, or potential risksCommunication - Clearly explains underwriting decisions, credit rationale, and conditions to Sales, Processing, and leadershipCollaboration - Partners effectively with Sales, Processing, Valuation, Legal, and Closing to move loans efficiently while maintaining credit qualityDecision Making Under Pressure - Makes timely, confident decisions in a fast-paced environment without sacrificing accuracy or consistencyCoaching & Mentorship - Develops junior underwriters by sharing expertise, reinforcing best practices, and promoting consistent credit decisionsIntegrity & Accountability - Demonstrates strong ethical standards, takes ownership of decisions, and consistently applies credit policy with fairness and disciplineSpecific Technical Skills Needed:Credit Analysis & Risk Assessment - Expertise in evaluating borrower creditworthiness, repayment capacity, collateral, and layered risk.Non-QM Underwriting - Deep knowledge of Non-QM products, including DSCR, Bank Statement, Asset Depletion, Foreign National, ITIN, and other alternative documentation programs.Income, Asset & Cash Flow Analysis - Ability to analyze tax returns, business financials, bank statements, P&Ls, CPA letters, and asset documentation.Collateral & Valuation Review - Experience reviewing appraisals, BPOs, AVMs/IVDs, title reports, LTV/CLTV calculations, and collateral risk.Loan Structuring - Ability to restructure marginal loans, evaluate compensating factors, and develop counteroffers that meet credit policy while maximizing approvals.Credit Policy & Guideline Interpretation - Strong understanding of internal credit policies, investor overlays, and regulatory requirements, with the ability to consistently apply judgment.Regulatory Compliance - Working knowledge of ATR/QM, TRID, RESPA, TILA, Fair Lending, and applicable federal and state lending regulations.Financial & Data Analysis - Advanced proficiency in Excel and the ability to analyze underwriting metrics, portfolio trends, and credit performance.Exception & Portfolio Management - Experience evaluating policy exceptions, monitoring portfolio credit quality, and supporting quality control and audit reviews.Loan Origination Systems (LOS) - Hands-on experience with Encompass, Byte, LendingPad, or similar LOS platforms, including underwriting workflow and condition managementBenefitsJ-18808-Ljbffr World Business Lenders, LLC