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Qm Underwriter Jobs (NOW HIRING)

CrossCountry Mortgage

Non-QM Underwriter

The Non-QM Underwriter maintains extensive product and guideline knowledge of all Non-QM lenders and assists loan teams and underwriting teams with questions and issue resolution. Job ...

Plaza Home Mortgage, Inc.

Non-QM Underwriter

San Diego, CA · Remote

$43.27 - $55.29/hr

The Non-QM Underwriter is responsible for evaluating and decisioning mortgage applications that fall outside traditional agency guidelines, with a focus on DSCR, Bank Statement, Asset Depletion, and ...

Plaza Home Mortgage, Inc.

Non-QM Underwriter

San Diego, CA · On-site

$43.27 - $55.29/hr

The Non-QM Underwriter is responsible for evaluating and decisioning mortgage applications that fall outside traditional agency guidelines, with a focus on DSCR, Bank Statement, Asset Depletion, and ...

Luminate Bank

Senior Underwriter (Non-QM)

Minneapolis, MN

$102K - $121K/yr

The Non-QM Underwriter is responsible for underwriting and maintaining a pipeline while communicating with internal and external parties. Ensure documentation is accurate and compliant. The Non-QM ...

Nova Home Loans

Jumbo and Non-QM Underwriter

Tucson, AZ · On-site

The Jumbo and Non-QM Underwriter is responsible for reviewing, conditioning, and underwriting Jumbo and Non-QM mortgage loans in accordance with company policies, investor guidelines, and regulatory ...

Luminate Bank

Senior Underwriter (Non-QM)

Minneapolis, MN · On-site

$80K - $110K/yr

The Non-QM Underwriter is responsible for underwriting and maintaining a pipeline while communicating with internal and external parties. Ensure documentation is accurate and compliant. The Non-QM ...

JBA International

Non-QM Underwriter

Brea, CA · On-site

Minimum 3-5 years' experience underwriting Non-QM loans. Supervisory Responsibilities, If Any * N/A Physical Demands While performing the duties of this job, employee is regularly required to: * Sit ...

Nexera Holdings

Non-QM Underwriter

NON - QM Underwriter Location: Remote Job Type: Full-time Industry: Financial Services / Mortgage Lending About Newfi Lending: Founded in 2014 and headquartered in Emeryville, CA, Newfi Lending is ...

JBA International

Non-QM Underwriter

Brea, CA

Minimum 3-5 years' experience underwriting Non-QM loans. Supervisory Responsibilities, If Any * N/A Physical Demands While performing the duties of this job, employee is regularly required to: * Sit ...

JBA International

Non-QM Underwriter II

Corona, CA

Frontline underwriting of non-QM loan products. * Perform a thorough analysis of the applicant's income and expense data, asset documentation, credit reports, and property valuations. * Performing ...

JBA International

Non-QM Underwriter II

Corona, CA · On-site

Frontline underwriting of non-QM loan products. * Perform a thorough analysis of the applicant's income and expense data, asset documentation, credit reports, and property valuations. * Performing ...

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All JobsQm Underwriter Jobs

Qm Underwriter information

See salary details

$32.5K

$78.9K

$139.5K

How much do qm underwriter jobs pay per year?

As of Jun 14, 2026, the average yearly pay for qm underwriter in the United States is $78,878.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,000.00 and $87,000.00 per year, depending on experience, location, and employer.

What does a non-QM underwriter do?

A non-QM underwriter evaluates mortgage loan applications that do not meet traditional Qualified Mortgage (QM) standards, focusing on borrowers with unique financial situations. They analyze alternative documentation, assess risk, and determine loan eligibility using specialized guidelines and underwriting tools. This role requires strong attention to detail and knowledge of non-QM lending criteria.

What is the highest paying underwriting job?

Senior and executive-level underwriting roles, such as Chief Underwriting Officer or Vice President of Underwriting, tend to be the highest paying in the field. These positions require extensive experience, advanced certifications, and leadership skills, and they often offer compensation significantly above entry- or mid-level underwriting roles.

What are the 4 C's of underwriting?

The 4 C's of underwriting are Character, Capacity, Collateral, and Conditions. These criteria help underwriters assess the risk of a loan or insurance application by evaluating the applicant's reliability, ability to repay, the value of assets offered as security, and the overall economic environment. Understanding these factors is essential for Qm Underwriters to make informed approval decisions.

What are QM Underwriters?

QM Underwriters are professionals who review and assess mortgage loan applications to ensure they meet the Qualified Mortgage (QM) standards set by the Consumer Financial Protection Bureau (CFPB). Their main responsibility is to verify that borrowers can reasonably repay their loans and that the loan terms comply with QM guidelines. This involves analyzing income, assets, credit history, and debt-to-income ratios. QM Underwriters play a crucial role in minimizing risk for lenders and protecting consumers from unaffordable loans.

What is the difference between Qm Underwriter vs Insurance Underwriter?

AspectQm UnderwriterInsurance Underwriter
Required CredentialsBachelor's degree, industry certificationsBachelor's degree, industry certifications
Work EnvironmentOffice-based, analytical tasksOffice-based, risk assessment
Employer & Industry UsageFinancial institutions, mortgage companiesInsurance companies, brokers
Comparison Search IntentUnderstanding role differences in underwritingUnderstanding role differences in underwriting

Qm Underwriters and Insurance Underwriters both evaluate risks and determine approval for financial products. While Qm Underwriters often focus on mortgage or loan applications, Insurance Underwriters specialize in assessing insurance policies. Both roles require similar credentials and work environments, but they serve different industries and client needs.

What are some common challenges faced by QM Underwriters, and how can they overcome them?

QM Underwriters often encounter challenges such as interpreting complex borrower financial profiles, staying updated with evolving Qualified Mortgage (QM) regulations, and balancing risk assessment with customer service expectations. To overcome these challenges, it's important to maintain strong attention to detail, participate in ongoing training to keep abreast of regulatory changes, and collaborate closely with loan officers and compliance teams. Building effective communication skills also helps QM Underwriters clarify documentation needs and resolve issues efficiently, supporting both compliance and customer satisfaction.

What are the key skills and qualifications needed to thrive as a QM Underwriter, and why are they important?

To thrive as a QM Underwriter, you need a thorough understanding of mortgage underwriting guidelines, risk assessment, and compliance with Qualified Mortgage (QM) regulations, usually supported by experience in mortgage lending or a related field. Proficiency with loan origination systems (LOS) like Encompass, knowledge of AUS (Automated Underwriting Systems), and familiarity with regulatory standards such as ATR/QM rules are essential. Strong analytical thinking, attention to detail, and effective communication skills distinguish top performers in this role. These competencies ensure accurate loan decisions, regulatory compliance, and minimized risk exposure for lenders.

Do mortgage underwriters make good money?

Mortgage underwriters typically earn a median annual salary that varies by experience and location, with entry-level positions starting around $50,000 and experienced underwriters earning over $80,000. The role requires strong analytical skills and knowledge of lending guidelines, and salaries can increase with certifications and industry experience.
More about Qm Underwriter jobs
What job categories do people searching Qm Underwriter jobs look for? The top searched job categories for Qm Underwriter jobs are:
Qm Underwriter jobs near you
Infographic showing various Qm Underwriter job openings in the United States as of June 2026, with employment types broken down into 98% Full Time, 1% Part Time, and 1% Contract. Highlights an 81% Physical, 3% Hybrid, and 16% Remote job distribution, with an average salary of $78,878 per year, or $37.9 per hour.
Non-QM Underwriter

Non-QM Underwriter

AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY

Mount Laurel, NJ • Remote

$44 - $48/hr

Full-time

Posted 9 days ago

Job description

***Note to all Arizona Candidates: Please apply to the positions labeled "Arizona" on our Careers page. All candidates who wish to work out of Arizona  must apply to the position specific to Arizona.***

AnnieMac Home Mortgage is looking to hire a Full-Time Non-QM Underwriter to be responsible for the underwriting of loans in accordance with company and investor guidelines. Candidates should have experience directly or indirectly related to the Mortgage Industry. Under the direct supervision of the Underwriting Manager the accountabilities and job activities of the Non-QM Underwriter position include, but are not limited, to the following:

  • Timely underwriting of loan credit packages and appraisals for compliance with various investor and government agency guidelines.
  • Contact with private investors and government agencies to resolve any issues or questions that may arise on loan files, programs, etc.
  • Review and analyze income from both personal and corporate tax returns.
  • Communicate decision on loans to appropriate parties both verbally and in writing.
  • Analyze loan packages for any sign of fraudulent documentation or information.
  • Work with Loan Originators to restructure questionable loans into a salable package.
  • Remain informed of all government regulations, requirements and laws for both branch and broker submissions.
  • Consult with the Processing and Closing departments to ensure that all underwriting conditions are met prior to closing the loan.
  • Review and clear all underwriting conditions prior to closing.
  • 5 years Conventional front-line underwriting.
  • 3 years manual underwriting (Jumbo, Non-QM, conv, FHA) required.
  • 2 years Non-QM underwriting experience required.
  • Pass pre-hire assessment.
  • Complete new hire training including underwriting of test cases and second level review of “live” loans.
  • Knowledge of various investor guidelines and requirements.
  • Minimum of 20 mbps download and 3 mbps upload internet bandwidth speeds are required  for all remote positions.

Work Environment/Physical Demands/ Essential Job Functions: Will have to spend long hours sitting and using office equipment and computers, which can cause muscle and eye strain. Some travel is required.

                                                                                 ***AnnieMac Home Mortgage participates in E-Verify.***

***AnnieMac Home Mortgage is an Equal Opportunity Employer***

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