Non-QM Mortgage Underwriter

Associated Mortgage Bankers Inc • Miami, FL

6h

About The Position

Elliman Capital, the integrated lending arm of Douglas Elliman, is expanding its underwriting team and seeking an experienced Non-QM Mortgage Underwriter. This role supports a high-end, purchase-focused platform serving discerning clients and complex transactions within one of the most powerful luxury real estate ecosystems in the country. This position is ideal for underwriters who value thoughtful credit analysis, judgment-based decisioning, and collaboration in a premium real estate environment. This is not a high-volume, assembly-line underwriting role. As an Elliman Capital underwriter, you will support transactions tied directly to Douglas Elliman’s elite agents, luxury properties, and high-net-worth clientele. This offers exposure to complex, high-value purchase transactions, collaboration with top-tier loan officers and real estate professionals, and a credit environment that values experience, discretion, and sound judgment. You will have the opportunity to underwrite loans that are both intellectually engaging and professionally rewarding. You will work within a modern lending platform that supports both Non-QM and agency products, designed to handle complexity without sacrificing efficiency. This platform includes a fully integrated LOS and pricing ecosystem, strong operational workflows, clear underwriting standards, investor alignment, and technology that supports accuracy, transparency, and speed. Elliman Capital’s structure ensures underwriters can focus on credit quality and decision-making, supported by experienced processors and production teams, clear escalation paths, leadership access, realistic turnaround expectations, and a culture centered on quality, accountability, and collaboration.

Requirements

• Five or more years of recent mortgage underwriting experience
• Demonstrated experience underwriting Non-QM loans, including DSCR and bank statement programs
• Strong appraisal review experience
• Proficiency underwriting agency products (Conventional, FHA, VA, USDA)
• Encompass experience is required
• Solid understanding of federal and state mortgage regulations, including TILA, RESPA, and Fair Lending
• Strong analytical skills and attention to detail
• Professional communication style aligned with a high-end client and agent base
• Ability to work within a fast-paced, high-expectation environment

Responsibilities

• Underwrite Non-QM loan products, including DSCR, bank statement, and alternative income programs
• Analyze borrower creditworthiness, income documentation, assets, liabilities, and complex financial profiles
• Review property characteristics, appraisals, and collateral risk
• Ensure all loans meet investor guidelines, internal credit standards, and regulatory requirements
• Clearly communicate underwriting decisions, conditions, and alternatives to internal teams
• Respond to product questions and scenario requests with sound credit guidance
• Maintain quality, accuracy, and turnaround time standards
• Assist with training and mentoring junior underwriters as needed
• Stay current on guideline updates, investor overlays, and regulatory changes

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed
• Number of Employees: 1-10 employees