💼 About This Role

You'll join the HELOC Underwriting team at Upstart to evaluate loan applications and make credit decisions. You'll ensure approval/decline accuracy and validate borrower income and assets. This role offers a chance to work with advanced AI in lending.

🎯 What You'll Do

• Make and document approval/decline decisions consistently with credit policy.
• Calculate and validate borrower income from W-2, self-employed, rental, etc.
• Review loan files for fraud indicators and take appropriate action.
• Maintain complete, audit-ready loan files with clear rationale.

📋 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, etc.).
• Experience reviewing loan files for fraud risk and escalating concerns.

✨ Nice to Have

• Experience with HELOC-specific underwriting guidelines and second lien products.
• Familiarity with fraud detection tools and investigation workflows.
• Experience in high-volume underwriting environments with SLA expectations.

🎁 Benefits & Perks

• 💰 Competitive base pay plus bonus and annual equity grants.
• 🏦 Generous 401(k) match ($2 for every $1 up to $15k/year).
• 🏥 Medical, dental, vision coverage (Upstart covers 90-100%).
• 📈 Employee Stock Purchase Plan with discounted stock.
• 💻 Digital-first flexibility with in-office requirement 2 days/week.

📨 Hiring Process

Estimated timeline: 2-4 weeks · AI estimate

1. 1Recruiter Call· 30 min
2. 2Technical/Underwriting Interview· 60 min
3. 3Hiring Manager Interview· 45 min