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 grow.
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This is a Full-Time Independent Contractor role with working hours from 9:00 AM – 6:00 PM Eastern Standard Time, Monday through Friday. We request that all CVs be submitted in English.
About the Role
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The 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.
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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)
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Act as the Chief Lending Officer’s ‘right hand’ trusted advisor.
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Perform early credit assessments (“shift-left”) before processing is complete.
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Rework denied loans into approvable structures where possible.
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Recommend counteroffers that reduce risk while preserving profitability.
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Identify compensating factors to strengthen borderline files.
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Consult with Sales on structuring loans before submission.
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Participate in daily pipeline review meetings.
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Assist in developing underwriting guidelines and SOPs.
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Analyze trends in denials and fallout to recommend policy or process changes.
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Support automation efforts by documenting underwriting decision logic.
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Serve as the subject matter expert for complex borrower scenarios.
Requirements
Education:
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Bachelor’s or Associate’s degree.
Experience:
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10+ years of progressive underwriting experience in non-QM mortgage lending.
Must-Have Requirements
Please ensure you meet all of the following before applying:
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10+ years of progressive underwriting experience in Non-QM residential mortgage lending.
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Proven expertise in credit analysis, risk assessment, and loan structuring, with the ability to evaluate complex borrower scenarios and develop viable lending solutions.
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Strong knowledge of Non-QM loan products, including DSCR, Bank Statement, Asset Depletion, Foreign National, ITIN, and other alternative documentation programs.
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Experience 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 Requirements
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Stable, reliable internet connection.
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Professional and dedicated remote working setup.
Preferred Background / Industry Experience:
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Non QM residential mortgage lending / MCA lending.
Key Soft Skills:
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Critical Thinking – Evaluates complex borrower scenarios, weighs risk objectively, and makes sound credit decisions based on facts rather than assumptions.
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Analytical Mindset – Identifies trends, assesses layered risk, and connects multiple data points to determine overall creditworthiness.
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Sound Judgment – Balances prudent risk management with business objectives, knowing when to approve, restructure, or decline a loan.
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Problem Solving – Finds creative, policy-compliant solutions to structure challenging loans instead of defaulting to denial.
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Attention to Detail – Thoroughly reviews financials, documentation, and loan files to identify inconsistencies, omissions, or potential risks.
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Communication – Clearly explains underwriting decisions, credit rationale, and conditions to Sales, Processing, and leadership.
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Collaboration – Partners effectively with Sales, Processing, Valuation, Legal, and Closing to move loans efficiently while maintaining credit quality.
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Decision Making Under Pressure – Makes timely, confident decisions in a fast-paced environment without sacrificing accuracy or consistency.
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Coaching & Mentorship – Develops junior underwriters by sharing expertise, reinforcing best practices, and promoting consistent credit decisions.
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Integrity & Accountability – Demonstrates strong ethical standards, takes ownership of decisions, and consistently applies credit policy with fairness and discipline.
Specific Technical Skills Needed:
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Credit Analysis & Risk Assessment – Expertise in evaluating borrower creditworthiness, repayment capacity, collateral, and layered risk.
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Non-QM Underwriting – Deep knowledge of Non-QM products, including DSCR, Bank Statement, Asset Depletion, Foreign National, ITIN, and other alternative documentation programs.
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Income, Asset & Cash Flow Analysis – Ability to analyze tax returns, business financials, bank statements, P&Ls, CPA letters, and asset documentation.
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Collateral & Valuation Review – Experience reviewing appraisals, BPOs, AVMs/IVDs, title reports, LTV/CLTV calculations, and collateral risk.
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Loan Structuring – Ability to restructure marginal loans, evaluate compensating factors, and develop counteroffers that meet credit policy while maximizing approvals.
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Credit Policy & Guideline Interpretation – Strong understanding of internal credit policies, investor overlays, and regulatory requirements, with the ability to consistently apply judgment.
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Regulatory Compliance – Working knowledge of ATR/QM, TRID, RESPA, TILA, Fair Lending, and applicable federal and state lending regulations.
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Financial & Data Analysis – Advanced proficiency in Excel and the ability to analyze underwriting metrics, portfolio trends, and credit performance.
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Exception & Portfolio Management – Experience evaluating policy exceptions, monitoring portfolio credit quality, and supporting quality control and audit reviews.
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Loan Origination Systems (LOS) – Hands-on experience with Encompass, Byte, LendingPad, or similar LOS platforms, including underwriting workflow and condition management.
Benefits
What We Offer
💰 Compensation includes a base salary at $65,000-$85,000.
🏖️ Benefits include medical, dental, vision, life, and disability coverage; a 401(k) with company match; and paid holidays and paid time off (PTO).
🌍 Work Environment: Fully remote work environment, with occasional travel as needed for leadership off-sites and corporate events.
Ready to Apply?
If this sounds like you, we’d love to hear from you - submit your CV in English and hitApply!