Mortgage Underwriter

SoFi • Frisco, TX

6h • Hybrid

About The Position

SoFi is seeking an experienced Mortgage Underwriter to join our growing Mortgage Operations team in Frisco, TX.
You’ll review and assess Conventional and FHA loan applications using independent credit judgment, ensuring accuracy, compliance, and speed within a high-throughput production environment.
The ideal candidate brings recent mortgage underwriting and demonstrated expertise analyzing complex credit, income, asset, and property documentation. You’ll thrive in a collaborative, metrics-driven culture focused on member experience, quality, and accountability.

Requirements

• Minimum 2+ years of recent underwriting experience with both Conventional and FHA loans.
• Strong analytical ability and independent risk assessment judgment.
• Proficiency in DU, LP, and FHA Connection systems.
• Demonstrated skill in self-employment income analysis and Schedule L liquidity testing.
• Thorough understanding of credit policy, financial statement analysis, and property evaluation.
• Strong communication skills — able to explain complex scenarios clearly and professionally.
• Experience maintaining both quality control metrics and high production throughput.
• Familiarity with Texas-specific lending nuances preferred.
• Hybrid work schedule: 2 days per week in the Frisco, TX office.

Nice To Haves

• Active SAR or VA credit authority
• Active FHA DE (Direct Endorsement) certification
• Experience underwriting Jumbo or USDA loans
• College degree
• Background in fraud detection or risk mitigation

Responsibilities

• Review and underwrite mortgage applications using investor/GSE guidelines.
• Perform detailed analysis of borrower credit, income, and collateral — including complex and self-employed income calculations.
• Conduct liquidity tests for business entities using Schedule L (adjusting for inventory-heavy businesses).
• Make timely, compliant underwriting decisions in line with SoFi and investor standards.
• Manage a high-volume pipeline, balancing quality (QC) and production SLAs — goal of 4–6 new credit decisions per day.
• Partner closely with processors and loan officers to resolve conditions and ensure efficient loan flow.
• Identify and escalate potential fraud risk or guideline exceptions.
• Apply deep working knowledge of DU/LP systems and investor overlays.
• Contribute to continuous process improvement through collaboration and feedback.

Benefits

• To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page!
• SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.
• Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
• SoFi is committed to an inclusive culture. As part of this commitment, SoFi offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or email [email protected].

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level