Our mission is to enable effortless credit based on true risk.
Senior Home Lending Underwriter
Location
United States
Posted
72 days ago
Salary
$79K - $109.2K / year
Seniority
Senior
Job Description
Senior Home Lending Underwriter
Upstart
• Ensure all approval and decline decisions are well-supported, clearly documented, and consistent with credit policy and regulatory expectations. • Accurately calculate and validate borrower income (W-2, self-employed, variable income, rental, etc.) and assess assets to determine repayment ability. • Review applications for potential fraud indicators (income misrepresentation, occupancy concerns, document inconsistencies, identity risk) and take appropriate action in alignment with fraud protocols. • Maintain complete, audit-ready loan files with clear rationale, supporting documentation, and decision notes. • Apply underwriting guidelines consistently and contribute to maintaining quality and reducing defects across the underwriting process.
Job Requirements
- 5+ years of residential mortgage underwriting experience with independent decisioning authority
- Demonstrated experience making both approval and decline decisions
- Strong experience calculating income across multiple borrower profiles (W-2, self-employed, variable income, rental income, etc.)
- Experience reviewing loan files for fraud risk and escalating concerns appropriately
- Experience working within an LOS and reviewing full loan documentation packages
- Strong documentation skills supporting credit decisions for QA/audit review
Benefits
- Competitive compensation, including base pay, bonus opportunities, and annual equity grants that vest quarterly
- Retirement benefits to help you plan for the future, including a 401(k) or Group Retirement Savings Plan with a company match of $2 for every $1 contributed, up to $15,000 annually (USD in the US, CAD in Canada)
- Employee Stock Purchase Plan (ESPP) with discounted stock purchase options for eligible employees (US only)
- Comprehensive health coverage designed to support you and your family, including medical, dental, vision, and wellness resources for US and supplemental health coverage for Canada.
- Health Savings Account contributions from Upstart for eligible plans (US only)
- Income protection benefits, including life insurance and disability coverage for added financial security
- Paid time off, sick leave, and company holidays, in line with local requirements
- Paid family and parental leave to support caregiving and major life moments (duration varies by country)
- Family-centered benefits to support fertility, parenthood, and caregiving needs
- Employee Assistance Program (EAP) offering mental health support and life-centered resources
- Financial wellness resources, including access to financial planning tools and a financial concierge service (US Only)
- Annual wellness allowance to support your physical and emotional well-being and personal development, based on what matters most to you
- Annual productivity allowance to invest in relevant tools and resources you need to do your best work, no matter where you work from
- Connection and community through team events, all-company updates, and employee resource groups (ERGs)
- Onsite perks, including catered lunches and fully stocked micro-kitchens when working from one of our offices in the Bay Area, Austin, Columbus, and New York City (opening Summer 2026!)
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