Home Equity Underwriter

Overview: The HEC Underwriter is responsible for evaluating and approving Home Equity Cashout (also known as Home Equity Investment) transactions. The underwriter assesses credit risk, property valuation, title/lien position, and regulatory compliance to ensure each transaction aligns with underwriting standards and risk management objectives. This role balances disciplined credit judgment with timely execution to deliver a positive customer experience. Responsibilities:

• Review submitted applications, credit reports, financial statements, and other supporting documents to analyze creditworthiness, income stability, assets, liabilities, and overall risk profile.
• Verify completeness and accuracy of all required documentation, including title reports, insurance, and disclosures.
• Evaluate key risk factors, including credit history, loan-to-value ratios, property value and condition, occupancy, liquidity, title position, and marketability.
• Review property valuations, appraisals, inspection report, and market data to confirm collateral adequacy and assess risks specific to Home Equity Investment products.
• Collaborate with Sales, Operations, and Risk to resolve issues, structure approvable transactions, and support timely closings.
• Identify potential fraud, inconsistencies, or other red flags in applications.
• Document clear and defensible credit rationales for approvals, declines, and exceptions.
• Support quality control, second look, and audit reviews; maintain accurate underwriting documentation and ensure consistent compliance with regulatory requirements.
• Stay up to date on industry trends, market conditions, and regulation changes.

Qualifications:

• Bachelor’s degree in Finance, Business, Economics, or related field (or equivalent)
• Two years of underwriting experience in home equity, mortgage, or real estate investment products. Home Equity Investment experience is preferred.
• Strong knowledge of credit analysis, property valuation, and regulatory compliance.
• Proficiency in underwriting systems and tools (experience with LendingPad a plus).
• Excellent analytical, problem-solving, and decision-making skills.
• Strong attention to detail and ability to manage multiple priorities under tight deadlines.
• Effective communication skills to interact with internal teams and clients.

The skills mentioned above only describe the essential job functions and are not intended to be a complete list of all duties and responsibilities. All job functions must be performed in accordance with The J.G. Wentworth Company policies and procedures. Benefits:

• Full Medical/Vision/Dental Benefits
• 401K with Company Match
• Flexible Hybrid or Remote Schedule
• 15 Days PTO
• Paid Holidays
• An Unmatched Company Culture
• On-Site Gym & Gym Membership Reimbursement
• Monthly, Quarterly and Annual Bonuses
• Employee Referral Bonuses
• Public Transportation Discounts
• Company Happy Hours
• Business Casual Dress Code

Start building your career with J.G. Wentworth today! J.G. Wentworth is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws. This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. J.G. Wentworth makes hiring decisions based solely on qualifications, merit, and business needs at the time. Apply tot his job Apply To this Job