Mortgage Underwriter

Position: Mortgage Underwriter 27722

Position Summary

Job Functions And Responsibilities

• Review and analyze mortgage loan applications to ensure eligibility, accuracy, and compliance with internal and external guidelines.
• Assess loan data, reports, and inspections to ensure collateral meets investor and company requirements.
• Make independent credit decisions on loan acceptance and risk according to HUD, investor, and regulatory standards.
• Provide final underwriting approval for Conventional, FHA, VA, Reverse, and Correspondent loans.
• Complete all required paperwork/forms accurately and within set timelines.
• Sign off conditions promptly as per management-defined timelines.
• Collaborate with processors, advisors, and management to resolve escalations and identify process improvements.
• Manage loan files using mortgage loan origination systems (e.g., Encompass).
• Effectively communicate underwriting decisions and maintain strong cross-team collaboration.
• Maintain high levels of customer service while ensuring adherence to compliance and audit requirements.
• Perform other duties as assigned.
  

Education & Experience

• Bachelor’s degree (or equivalent of 15 years of education).
• Minimum 1 year of mortgage underwriting experience.
• Strong knowledge of:
• US Mortgage Residential Underwriting.
• 4 C’s of Underwriting (Credit, Capacity, Collateral, Capital).
• Financial & non-financial documentation review.
• Income calculation for salaried and self-employed borrowers.
• Asset, liability, credit, and appraisal verification.
• Risk & compliance requirements, including FNMA & FHLMC standards.
• Conventional, FHA, VA, Reverse mortgage, and Correspondent lending practices.
  

Work Schedule / Travel

• Flexible to work in any shift, including night shifts, based on business needs.
• Willing to travel to office for training and work-related requirements.
  

Must-Haves

• Hands-on experience in US mortgage residential underwriting.
• Strong knowledge of 4 C’s of underwriting.
• Proficiency in income calculations (salaried & self-employed).
• Immediate joiners or candidates available to start in August or September.