Direct Endorsement (DE) Underwriter - Freelance AI Trainer

Overview

Mindrift connects specialists with project-based AI opportunities for leading tech companies, focused on testing, evaluating, and improving AI systems. Participation is project-based, not permanent employment.

Responsibilities

• Evaluate AI-generated mortgage underwriting decisions across loan types (conforming, jumbo, FHA, VA, cash-out refinance)
• Create test cases involving qualifying income calculations for self-employed borrowers using ScheduleC, K‑1, and ScheduleE
• Design pre‑qualification scenarios based on realistic rate sheets across different credit score ranges and down‑payment percentages
• Draft and audit conditional approval letters and adverse action notices for RegB/ECOA compliance
• Verify gift fund documentation chains and disclosure timing under TRID, RegZ, and RESPA
• Distinguish FannieMae/FreddieMac selling guide rules from lender overlays in jumbo and non-conforming loan scenarios
• Apply correct rulesets for rate‑and‑term vs. cash‑out refinances, including state‑specific overlays (e.g. Texas Section50(a)(6))
• Document problem statements clearly and provide verified correct answers

Qualifications

• Degree in Finance, Business, Economics, or any related field
• 3+ years of residential mortgage underwriting or equivalent professional experience
• FHA Direct Endorsement (DE) or VA Credit Underwriter authority is a strong signal
• Ability to calculate qualifying income for self-employed borrowers from IRS Forms1040, ScheduleC, ScheduleE, and K‑1
• Deep familiarity with FannieMae/FreddieMac selling guides and the overlay‑versus‑rule distinction
• Knowledge of RegB adverse action requirements, RegZ, and TRID disclosure timing rules
• Familiarity with automated underwriting systems (DU/LP) and loan origination software (Encompass, Empower)
• Strong written English (C1+)

Process

Apply → Pass qualification(s) → Join a project → Complete tasks → Get paid

Workload

For this project, tasks are estimated to require around 10–20 hours per week during active phases, based on project requirements. This is an estimate, not a guaranteed workload, and applies only while the project is active.

Compensation

Contributors can earn up to $60 per hour equivalent, depending on their level and pace of contribution. Compensation varies across projects depending on scope, complexity, and required expertise.