Spring EQ
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Credit Policy Specialist - NonQM
role at
Spring EQ .
Spring EQ is a national home equity lender providing flexible and tailored financing solutions directly to consumers with a national network of experienced brokers and partners. Since its founding in 2016, Spring EQ is among the fastest growing and highest-rated home equity financing partners in the United States. Spring EQ offers a broad range of home equity products and delivers a simple and streamlined process that results in faster funding, trustworthy loans, and less frustration for consumers today. To learn more about Spring EQ, visit www.springeq.com.
At Spring EQ, it is our mission to empower homeowners and buyers to achieve and maximize the value of homeownership in a simple, fast, and ethical manner. Our values are to
Be kind and treat all people - teammates, customers, and vendors - with respect and consideration
Be adaptable and embrace change
Be accountable and take responsibility and deliver the effort to fully complete the task
Be better and strive for continuous improvement in ourselves, our team, and the company for our customers
Be part of the solution and solve problems, find the answers, and collaborate
Work hard, have fun, and get things done
Key Responsibilities
Maintain a robust governance framework to ensure product changes—especially Non-QM and Jumbo—are assessed for credit and operational risk, with decisions thoroughly documented
Develop, write, and revise lending technical documentation, including policies, procedures, forms, and quick-reference guides for Non-QM products
Conduct in-depth analysis of Non-QM credit policies and make informed recommendations regarding underwriting strategies and product alignment
Review and update product matrices regularly, ensuring accuracy for Non-QM and alternative lending programs
Serve as a subject matter expert (SME) on Non-QM credit policy topics to promote consistency across underwriting and sales teams
Act as the primary point of contact for internal inquiries related to Non-QM credit exceptions, investor overlays, and regulatory guidelines
Research industry trends and emerging risks in the Non-QM space, evaluating best practices in credit risk management
Collaborate with Product, Underwriting, and Compliance teams to align new or revised Non-QM products with credit policies and risk tolerance
Communicate credit policy updates professionally and clearly to support organizational transparency and enhance brand credibility
Complete special assignments as directed by management
Qualifications and Experience
Education: Bachelor degree
Work history: 7-10 years of mortgage underwriting experience, with at least 5 years in Non-QM and Jumbo products
Deep knowledge of Non-QM guidelines, investor overlays, and alternative documentation programs (bank statements, DSCR, asset depletion, etc.)
Strong understanding of credit risk assessment for complex borrower profiles
Excellent communication and interpersonal skills to support cross‑functional collaboration
Exceptional organizational abilities with attention to detail
Proficient in Microsoft Word, Excel, Outlook, and Teams for documentation, data management, communication, and collaboration
Comfortable working in a fast‑paced, flexible, and production‑oriented environment
Compensation 115-120k per year
Benefits
401k Plan offered through Fidelity Investments with company match
Annual Charitable Matching Gift Program
Commuter Benefits
Company Holidays
Credit Union Membership
Dental Insurance
Dependent Care Plan
Disability Insurance
Employee Assistance Program
Life Insurance
Medical Insurance
Paid Time Off Plan
Vision Insurance
Weekly Non‑Management Dinner Benefit
Spring EQ is an Equal Opportunity Employer. We make all employment decisions based on merit and business needs. If you require a reasonable accommodation at any stage of the hiring or employment process, please contact recruiting@springeq.com.
Seniority Level Not Applicable
Employment Type Full‑time
Job Function Science and Consulting
Industries Civil Engineering
Location Mount Laurel, NJ
#J-18808-Ljbffr
Credit Policy Specialist - NonQM
role at
Spring EQ .
Spring EQ is a national home equity lender providing flexible and tailored financing solutions directly to consumers with a national network of experienced brokers and partners. Since its founding in 2016, Spring EQ is among the fastest growing and highest-rated home equity financing partners in the United States. Spring EQ offers a broad range of home equity products and delivers a simple and streamlined process that results in faster funding, trustworthy loans, and less frustration for consumers today. To learn more about Spring EQ, visit www.springeq.com.
At Spring EQ, it is our mission to empower homeowners and buyers to achieve and maximize the value of homeownership in a simple, fast, and ethical manner. Our values are to
Be kind and treat all people - teammates, customers, and vendors - with respect and consideration
Be adaptable and embrace change
Be accountable and take responsibility and deliver the effort to fully complete the task
Be better and strive for continuous improvement in ourselves, our team, and the company for our customers
Be part of the solution and solve problems, find the answers, and collaborate
Work hard, have fun, and get things done
Key Responsibilities
Maintain a robust governance framework to ensure product changes—especially Non-QM and Jumbo—are assessed for credit and operational risk, with decisions thoroughly documented
Develop, write, and revise lending technical documentation, including policies, procedures, forms, and quick-reference guides for Non-QM products
Conduct in-depth analysis of Non-QM credit policies and make informed recommendations regarding underwriting strategies and product alignment
Review and update product matrices regularly, ensuring accuracy for Non-QM and alternative lending programs
Serve as a subject matter expert (SME) on Non-QM credit policy topics to promote consistency across underwriting and sales teams
Act as the primary point of contact for internal inquiries related to Non-QM credit exceptions, investor overlays, and regulatory guidelines
Research industry trends and emerging risks in the Non-QM space, evaluating best practices in credit risk management
Collaborate with Product, Underwriting, and Compliance teams to align new or revised Non-QM products with credit policies and risk tolerance
Communicate credit policy updates professionally and clearly to support organizational transparency and enhance brand credibility
Complete special assignments as directed by management
Qualifications and Experience
Education: Bachelor degree
Work history: 7-10 years of mortgage underwriting experience, with at least 5 years in Non-QM and Jumbo products
Deep knowledge of Non-QM guidelines, investor overlays, and alternative documentation programs (bank statements, DSCR, asset depletion, etc.)
Strong understanding of credit risk assessment for complex borrower profiles
Excellent communication and interpersonal skills to support cross‑functional collaboration
Exceptional organizational abilities with attention to detail
Proficient in Microsoft Word, Excel, Outlook, and Teams for documentation, data management, communication, and collaboration
Comfortable working in a fast‑paced, flexible, and production‑oriented environment
Compensation 115-120k per year
Benefits
401k Plan offered through Fidelity Investments with company match
Annual Charitable Matching Gift Program
Commuter Benefits
Company Holidays
Credit Union Membership
Dental Insurance
Dependent Care Plan
Disability Insurance
Employee Assistance Program
Life Insurance
Medical Insurance
Paid Time Off Plan
Vision Insurance
Weekly Non‑Management Dinner Benefit
Spring EQ is an Equal Opportunity Employer. We make all employment decisions based on merit and business needs. If you require a reasonable accommodation at any stage of the hiring or employment process, please contact recruiting@springeq.com.
Seniority Level Not Applicable
Employment Type Full‑time
Job Function Science and Consulting
Industries Civil Engineering
Location Mount Laurel, NJ
#J-18808-Ljbffr