Mortgage Underwriting Specialist

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Position Summary

Key Responsibilities

• Evaluate mortgage loan applications to ensure accuracy, completeness, and compliance with internal, investor, and regulatory standards.
• Analyze supporting financial and non-financial documentation including income, credit, assets, liabilities, and property appraisals.
• Independently assess risk and make underwriting decisions in line with FHA, VA, Conventional, and Correspondent lending guidelines.
• Issue final underwriting approvals on mortgage loans including FHA, VA, Reverse Mortgage, and Conventional products.
• Sign off on underwriting conditions within established timelines.
• Maintain effective communication with loan processors, advisors, and internal stakeholders.
• Utilize systems such as Encompass to manage and process loans efficiently.
• Support continuous improvement by providing recommendations on underwriting best practices when requested.
• Complete required forms and documentation accurately and on time.
• Participate in office-based training and meetings as required.
  

Required Qualifications

• Bachelor’s degree or equivalent (minimum 15 years of formal education required).
• Minimum 1 year of experience in U.S. residential mortgage underwriting.
• Strong knowledge of income calculations for both salaried and self-employed borrowers.
• Familiarity with risk and compliance policies in U.S. lending – specifically FNMA (Fannie Mae) and FHLMC (Freddie Mac) underwriting standards.
• Proficient in reviewing and verifying documentation such as credit reports, property appraisals, income and asset statements.
• Hands-on experience in underwriting across multiple loan types: Conventional, Correspondent, FHA, VA, and Reverse Mortgage.
  

Work Requirements

• Willingness to work in any shift, including night shifts, as required by the business.
• Must be able to commute to the office for training, performance reviews, or any business-related requirement.
  

Preferred Availability

• Immediate joiners or candidates serving notice periods and available to join in August or September are strongly preferred.
  

Target Candidate Background

BPOs, financial services, or specialized underwriting teams

Interview Process

• HR Round
• Online Test (Assessment)
• Operations Manager Interview
• Final Round with Director