HELOC Mortgage Underwriter - Remote

Company Description

At Longbridge, we love seniors and we’re passionate about helping them unlock the power of one of their greatest assets—their home equity.

As a leading provider of home equity solutions for seniors, we’re committed to helping older homeowners make the most of what they’ve worked hard to build, so they can live the retirement they imagined.

And we don’t just do it well, we do it really well. With an “Excellent” rating on Trustpilot and over a thousand customer testimonials, we’ve earned a reputation for making it easy and stress-free to access home equity—with guidance every step of the way.

But it’s not just our customers who love us—our team does, too! We’ve been named a Great Place to Work® three years in a row because we believe that when people enjoy what they do and where they do it, everyone wins.

Why Longbridge?

At Longbridge, we don’t just offer jobs, we offer careers that grow with you. Here’s why you’ll love being part of our team:

• Grow With Us – We’re big believers in investing in our people. From top-notch training to clear career paths, we support your professional growth every step of the way. Plus, we love promoting from within—because when you succeed, we all do.
• A Culture That Clicks – We work hard, but we have fun doing it! Whether it’s team-building events, friendly competitions, or just an atmosphere of open communication and collaboration, we make sure work feels less like “just work.”
• Benefits That Have Your Back – We’ve got you covered with best-in-class health plans (medical, dental, vision, HSA, and FSA), generous PTO, paid holidays, company-paid life insurance, and a competitive 401(k) match. Because taking care of our team is just as important as taking care of our customers.

If you’re looking for a place where your work truly makes a difference, we’d love to have you on board. Apply today and let’s do great things together!

Job Description

The Underwriter position is responsible for reviewing, analyzing, and evaluating residential mortgage, HELOC, HELOAN, FHA & Proprietary products to ensure compliance with company guidelines, investor requirements, regulatory standards, and established risk tolerance.

The Underwriter exercises sound credit judgment, identifies layered risk factors, and works collaboratively with Sales, Processing, Closing, Compliance, and Operations teams to facilitate efficient loan decisions. The role requires a strong understanding of income analysis, asset utilization, collateral review, and risk assessment principles while delivering a high level of customer service and operational excellence.

Primary Job Duties:

• Review loan files to determine eligibility based on company guidelines and risk appetite.
• Evaluate borrower credit profiles, payment history, debt obligations, and compensating factors to assess credit risk and support sound underwriting decisions.
• Calculate and verify income from a variety of sources, including wage income, self-employment, retirement, investment, and asset depletion.
• Evaluate appraisal reports, collateral risk, occupancy considerations, and property eligibility requirements.
• Review title, vesting, trust, and ownership documentation to confirm lien position and property eligibility.
• Assess fraud prevention, identity verification, and due diligence findings to identify potential risk indicators and support underwriting decisions.
• Issue clear and concise underwriting decisions with appropriate conditions and supporting rationale.
• Review and clear underwriting conditions in a timely manner to support service level expectations.
• Maintain compliance with federal and state regulations, investor requirements, company policy, and quality control standards.
• Communicate effectively with internal and external business partners regarding underwriting decisions and documentation requirements.
• Support internal audits, quality control reviews, and compliance examinations as requested.
• Review exceptions and compensating factors and provide recommendations consistent with company guidelines and risk appetite.

Qualifications

Education and Experience:

• Bachelor’s degree in finance, Business Administration, Accounting, Economics, or a related field preferred.
• Minimum of 3 years of residential mortgage underwriting experience.
• Experience underwriting non-QM, alternative documentation, asset-based, HELOC, HELOAN, or portfolio lending products preferred.
• Demonstrated knowledge of credit risk analysis, income calculation, asset verification, collateral review, and title evaluation.

Additional Information

• Working in a growing and dynamic industry
• Full benefits: Medical, Dental, Vision, FSA/HSA, and wide array of voluntary products and discounts
• 401(k) with company match
• Paid time off
• This is an exempt role
• Target base salary range is 105 - 125K, which is based on various factors including skills and work experience.
• In addition to base salary, this role is eligible for a competitive additional compensation program via monthly bonus
• LBF is an EEO/AA/Vet/Disabled Employer
• Please note that salaries that are estimated on various job sites may not reflect the actual compensation. Job sites, set the estimated salary, not Longbridge Financial.

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