Mortgage Underwriter - Contractor

Come build at the intersection of AI and fintech. At Ocrolus, we’re on a mission to help lenders automate workflows with confidence—streamlining how financial institutions evaluate borrowers and enabling faster, more accurate lending decisions.

Our AI workflow and analytics platform for lenders is trusted at scale, processing nearly one million credit applications every month across small business, mortgage, and consumer lending. By integrating state-of-the-art open- and closed-source AI models with our human-in-the-loop verification engine, Ocrolus captures data from financial documents with over 99% accuracy. Thanks to our advanced fraud detection and comprehensive cash flow and income analytics, our customers achieve greater efficiency in risk management, and provide expanded access to credit—ultimately creating a more inclusive financial system.

Trusted by more than 400 customers—including industry leaders like Better Mortgage, Brex, Enova, Nova Credit, PayPal, Plaid, SoFi, and Square—Ocrolus stands at the forefront of AI innovation in fintech. Join us, and help redefine how the world’s most innovative lenders do business.

We are seeking an experienced Mortgage Underwriter to join our team as a contractor. This role will draw on deep underwriting expertise—including comprehensive knowledge of Fannie Mae, Freddie Mac, FHA, and VA guidelines—to perform continuous testing on our mortgage products.

The successful candidate will have hands-on experience interpreting and analyzing income, asset, credit, AUS, and collateral documentation, applying underwriting rules, performing income calculations and creating conditions. Leveraging this expertise, the Mortgage Underwriter will partner closely with the Sales and Product teams to identify and support product improvements and new feature development.

What you'll do:

• Product Testing

• Apply advanced knowledge of Fannie Mae, Freddie Mac, FHA, and VA guidelines to rigorously test mortgage underwriting tools and validate accuracy.

• Review borrower documentation (income, assets, credit, collateral, AUS findings) and confirm the correct application of underwriting rules within the product, such as income calculator output.

• Document test results thoroughly, flag discrepancies, and recommend solutions to ensure compliance with agency and investor standards.

• Serve as the subject matter expert on underwriting practices, providing clarity and context to both technical and non-technical teams.

• Collaboration & Communication

• Translate complex underwriting requirements into clear and simple language and communicate effectively to stakeholders, both written and verbal.

• Partner closely with Product to share enhancement opportunities.

• Provide ongoing SME input to the Sales team.

• Communicate findings and recommendations effectively to both leadership and cross-functional stakeholders, ensuring alignment across teams.

Who we're looking for: (Skill Sets and Qualifications):

• 3+ years of mortgage underwriting experience, including FHA and VA.

• Skilled in reviewing borrower documentation (e.g., W-2s, tax returns, pay stubs, self-employment income, appraisal, title, etc).

• Strong expertise in income analysis, credit evaluation, and AUS findings.

• Experience testing technology products or tools is a plus.

• Tech-savvy with ability to critique mortgage software and explain findings clearly.

• Excellent documentation, prioritization, and communication skills.

Preferred Qualifications:

• Experience with fintech or SaaS mortgage tools.

• Familiarity with automated income calculation or verification platforms.

• Exposure to agile product development environments.

Note: The role requires 4-8 hours of work per day with compensation of $45 per hour.

Life at Ocrolus

We’re a team of builders, thinkers, and problem solvers who care deeply about our mission — and each other. As a fast-growing, remote-first company, we offer an environment where you can grow your skills, take ownership of your work, and make a meaningful impact.

Our culture is grounded in four core values:
Empathy – Understand and serve with compassion
Curiosity – Explore new ideas and question the status quo
Humility – Listen, be grounded, and remain open-minded
Ownership – Love what you do, work hard, and deliver excellence

We believe diverse perspectives drive better outcomes. That’s why we’re committed to fostering an inclusive workplace where everyone has a seat at the table, regardless of race, gender, gender identity, age, disability, national origin, or any other protected characteristic.

We look forward to building the future of lending together.