Mortgage Underwriter (Remote)

Job summary

This role involves evaluating AI-generated mortgage underwriting decisions and creating test cases for various loan types. Contributors will work on a project basis, focusing on improving AI systems related to mortgage underwriting.

Qualifications

• Degree in Finance, Economics, Business Administration, Accounting, Real Estate, or a related field.
• Minimum of 3 years of experience in mortgage, lending, real estate, or financial services.
• Current or recent experience in underwriting and origination or similar roles.
• Proficiency in calculating qualifying income for self-employed borrowers using IRS Forms 1040, Schedule C, Schedule E, and K-1.
• Familiarity with Fannie Mae and Freddie Mac selling guides, as well as knowledge of Reg B, Reg Z, and TRID disclosure timing rules.
• Strong written English proficiency (C1+).

Responsibilities

Project time expectations

Tasks are estimated to require approximately 10–20 hours per week during active phases, based on project needs.

Compensation

Contributors can earn up to $60 per hour, depending on their level of expertise and contribution pace.

• Evaluate AI-generated mortgage underwriting decisions across various loan types.
• Create test cases for qualifying income calculations for self-employed borrowers.
• Draft and audit conditional approval letters and adverse action notices for compliance.
• Distinguish between Fannie Mae / Freddie Mac rules and lender overlays in loan scenarios.
• Document problem statements and provide verified correct answers.