Senior Credit Underwriter

About World Business Lenders

• 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.
• 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

• 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.
• 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)

• Act as the Chief Lending Officer's 'right hand' trusted advisor.
• Perform early credit assessments ("shift-left") before processing is complete.
• Rework denied loans into approvable structures where possible.
• Recommend counteroffers that reduce risk while preserving profitability.
• Identify compensating factors to strengthen borderline files.
• Consult with Sales on structuring loans before submission.
• Participate in daily pipeline review meetings.
• Assist in developing underwriting guidelines and SOPs.
• Analyze trends in denials and fallout to recommend policy or process changes.
• Support automation efforts by documenting underwriting decision logic.
• Serve as the subject matter expert for complex borrower scenarios.

Requirements

Education:

• Bachelor's or Associate's degree.

Experience:

• 10+ years of progressive underwriting experience in non-QM mortgage lending.

Must-Have Requirements

Please ensure you meet all of the following before applying:

• 10+ years of progressive underwriting experience inNon-QM residential mortgage lending.
• Proven expertise in credit analysis, risk assessment, and loan structuring, with the ability to evaluate complex borrower scenarios and develop viable lending solutions.
• Strong knowledge of Non-QM loan products, including DSCR, Bank Statement, Asset Depletion, Foreign National, ITIN, and other alternative documentation programs.
• 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

• Stable, reliable internet connection.
• Professional and dedicated remote working setup.

Preferred Background / Industry Experience:

• Non QM residential mortgage lending / MCA lending.

Key Soft Skills:

• Critical Thinking - Evaluates complex borrower scenarios, weighs risk objectively, and makes sound credit decisions based on facts rather than assumptions.
• Analytical Mindset - Identifies trends, assesses layered risk, and connects multiple data points to determine overall creditworthiness.
• Sound Judgment - Balances prudent risk management with business objectives, knowing when to approve, restructure, or decline a loan.
• Problem Solving - Finds creative, policy-compliant solutions to structure challenging loans instead of defaulting to denial.
• Attention to Detail - Thoroughly reviews financials, documentation, and loan files to identify inconsistencies, omissions, or potential risks.
• Communication - Clearly explains underwriting decisions, credit rationale, and conditions to Sales, Processing, and leadership.
• Collaboration - Partners effectively with Sales, Processing, Valuation, Legal, and Closing to move loans efficiently while maintaining credit quality.
• Decision Making Under Pressure - Makes timely, confident decisions in a fast-paced environment without sacrificing accuracy or consistency.
• Coaching & Mentorship - Develops junior underwriters by sharing expertise, reinforcing best practices, and promoting consistent credit decisions.
• Integrity & Accountability - Demonstrates strong ethical standards, takes ownership of decisions, and consistently applies credit policy with fairness and discipline.

Specific Technical Skills Needed:

• Credit Analysis & Risk Assessment - Expertise in evaluating borrower creditworthiness, repayment capacity, collateral, and layered risk.
• Non-QM Underwriting - Deep knowledge of Non-QM products, including DSCR, Bank Statement, Asset Depletion, Foreign National, ITIN, and other alternative documentation programs.
• Income, Asset & Cash Flow Analysis - Ability to analyze tax returns, business financials, bank statements, P&Ls, CPA letters, and asset documentation.
• Collateral & Valuation Review - Experience reviewing appraisals, BPOs, AVMs/IVDs, title reports, LTV/CLTV calculations, and collateral risk.
• Loan Structuring - Ability to restructure marginal loans, evaluate compensating factors, and develop counteroffers that meet credit policy while maximizing approvals.
• Credit Policy & Guideline Interpretation - Strong understanding of internal credit policies, investor overlays, and regulatory requirements, with the ability to consistently apply judgment.
• Regulatory Compliance - Working knowledge of ATR/QM, TRID, RESPA, TILA, Fair Lending, and applicable federal and state lending regulations.
• Financial & Data Analysis - Advanced proficiency in Excel and the ability to analyze underwriting metrics, portfolio trends, and credit performance.
• Exception & Portfolio Management - Experience evaluating policy exceptions, monitoring portfolio credit quality, and supporting quality control and audit reviews.
• 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 hit Apply!