Mortgage Underwriter

• Perform comprehensive reviews of loan applications
• Classify and qualify loans according to company guidelines
• Rework loan terms and identify compliant conditions
• Act as a bridge between Loan Originators, Processors, and Management
• Maintain an elite understanding of Fannie Mae and Freddie Mac products
• Ensure all files are audit-ready and uphold the integrity of the funding package

Mortgage Underwriter specializing in Non-QM lending solutions at Fairway.

Mortgage Underwriter – Non-QM Specialist

Mortgage Underwriter specializing in Non-QM lending solutions for Fairway. Thoroughly review loan applications and ensure quality credit decisions in a fast-paced environment.

• Independently underwriting a wide range of mortgage loans, including FHA, VA, USDA, and conventional products, while ensuring compliance, risk assessment, and sound decision-making based on both AUS and manual analysis.
• Ensure all loan files meet HUD, FHA, investor, regulatory, and internal guidelines and overlays.
• Review and analyze credit, income, assets, and collateral documentation to determine loan eligibility; Inquire about any additional information needed to determine loan risk.
• Ensure that once all information is received it is accurate, it meets compliance standards, and it aligns with company policies.
• Communicate and document reasons for approval or rejection of loans so clients and loan officers are well-informed of decisions.
• Collaborate with internal operations team members, clients, and brokers to gather necessary documentation, clarify information, and ensure smooth processing of loan applications.

Mortgage Underwriter ensuring compliance and risk assessment for mortgage loans

Mortgage Underwriter at EPM ensuring compliance, risk assessment, and sound decision-making for various loan products. Collaborating with internal teams to gather documentation and process loan applications efficiently.

• Evaluates and makes decisions on complex residential and consumer loan applications, applying expert knowledge of portfolio and investor guidelines, internal policies, and regulatory requirements.
• Exercises advanced credit judgment to balance risk management with sound lending decisions while providing support to internal team members throughout the loan process.
• Serve as a resource for junior underwriters and lending staff by providing mentorship, training, and second-level reviews as needed.
• Review and underwrite mortgage and consumer loan applications, including complex transactions, within delegated authority and analyze credit, income, assets, appraisals, title work, and supporting documentation to determine loan eligibility.
• Ensure compliance with internal lending policies, investor and Government-Sponsored Enterprise (GSE) guidelines, applicable federal and state regulations, bank policies, and Bank Secrecy Act (BSA) requirements; including verifying transactions and account balances, and all related consumer regulatory requirements.
• Issue loan approvals, suspensions, or denials with clear supporting conditions or reasons.
• Maintain current knowledge of underwriting guidelines, regulatory requirements, and industry trends to support sound lending decisions and risk management.
• Collaborate with loan officers, processors, and other team members to resolve underwriting issues and ensure timely loan decisions and maintain accurate, complete, and audit-ready loan documentation.
• Respond to internal and external audits and quality control reviews by providing required documentation and information.
• Support continuous improvement of underwriting processes by identifying opportunities to enhance efficiency and effectiveness.
• Promote a strong risk and compliance culture by following policies, identifying potential issues, and supporting consistent risk mitigation practices.
• Stay current on Bank products, services, policies, procedures, and regulatory requirements through ongoing training and application in daily work.

Senior Mortgage Loan Underwriter evaluating residential and consumer loan applications

Senior Mortgage Loan Underwriter

Senior Mortgage Loan Underwriter at River Run Services evaluating complex loan applications. Provides mentorship, training, and ensures compliance with investor guidelines.

• Analyze, evaluate and approve or decline loan files for credit worthiness and compliance with all applicable guidelines and policies.
• Review and validate the calculations submitted by the process.
• Validate income used is calculated correctly.
• Validate income used is acceptable.
• Validate asset value calculations.
• Collaborate with the processor prior to underwriting on loan files with difficult characteristics.
• Provide feedback and guidance to processors and other underwriters to ensure continual learning.

Mortgage Loan Underwriter analyzing loan files for credit worthiness at First Merchants Bank

Mortgage Loan Underwriter at First Merchants Bank analyzing and approving loan files. Evaluating compliance and credit worthiness based on established guidelines and policies.

• Reviews individual loan applications per product specific guidelines to evaluate a degree of risk involved
• Verifies all application information for accuracy and completeness
• Performs income analysis to calculate wages or self-employed income
• Reviews the appraisal report for accuracy, completeness and compliance with HUD, VA or USDA housing standards
• Completes required Government forms (VA Notice of Value, FHA Conditional commitment, etc.)
• Takes action to resolve deficiencies according to agency standards and procedures
• Escalates issues to the Agencies as necessary for resolution
• Complies with regulations regarding approvals and declinations
• Ensures the accuracy of HMDA data and FCRA and ECOA decision reasons on adverse actions
• Underwrites loan applications according to appropriate guidelines
• Approves loans up to a set loan authority
• Advises the Loan Originator on proper loan structuring
• Maintains certifications as required by FHA/VA
• Completes other related duties and projects as assigned

Mortgage Underwriter processing residential loan applications and ensuring regulatory compliance

Mortgage Underwriter 2

Mortgage Underwriter primarily responsible for underwriting residential mortgage loans. Reviewing applications for risk assessment and compliance with guidelines within F.N.B. Corporation.

• Approve saleable loans with the information provided by the next day.
• Underwrite all loans under FNMA, FHLMC, and FHA (may include USDA & VA) loan programs.
• Monitor pipeline daily and self-assigned preapprovals.
• Make underwriting decisions based on risk assessment, taking into consideration the 4 C’s of underwriting: Capacity, Credit, Collateral, and Cash.
• Deliver high-quality service with 24-hour turn times and timely updates to Mortgage Specialists.
• Analyze and report loan quality issues and monitor corrective actions.
• Uphold strict fraud prevention, confidentiality and ethical standards set by Equity Resources.
• Adapt to changing circumstances and adjusting daily priorities as needed.

Mortgage Underwriter approving loans for family-owned mortgage company

Mortgage Underwriter at Equity Resources approving loans with 24-hour turn times. Work is remote for candidates outside Central Ohio; hybrid if local.

• Perform quality control reviews of mortgage loan files for adherence to specific lender guidelines with an emphasis on pre and post-closing audits, compliance.
• Reviews include identifying potential fraud and/or misrepresentation, processing / underwriting deficiencies, compliance violations, and/or applicable scope specific opportunities.
• Review and provide Quality Control feedback on loan file reviews completed by internal staff
• Confirm loan product is compliance with program guidelines and borrower eligibility
• Review employment documentation and re-calculate income documentation
• Review and recalculate asset and reserve documentation
• Review credit report and re-calculate liabilities
• Review title commitments, hazard and flood insurance
• Review and analyze borrower’s mortgage applications and related documents
• Review and analyze real estate purchase contracts, if applicable
• Perform Appraisal Reviews for completeness, health and safety issues, and external obsolescence
• Identify all red flags within a loan file and ensure they are addressed accordingly
• Determine proper designation for title, title services and all other shop-able fees
• Compare fee payee names listed on Final Settlement Statement to invoices or other docs in file to validate accuracy of information
• Compare Specific Closing Instructions for accuracy (fees and amounts)
• Compare Specific Closing Instructions for (loan terms, principal and interest, escrow information).
• Review final closing documents to ensure adherence with applicable law
• Validate compliance with state specific Non-borrowing spouse signing requirements.
• On NORTC eligible loans, verify compliance with Notice of Right to Cancel requirements of RESPA
• Confirm all documents and pre-funding conditions pertaining Title, Trusts and POAs have been satisfied
• Analyze individual loan files and determine compliance with applicable lender guidelines and/or loan approval
• Follow quality control policies and procedures to ensure compliance with scopes of work
• Identify training opportunities pertaining to quality reviews and communicate with Quality Manager to implement such needed sessions

Quality Control Underwriter at Canopy Mortgage reviewing loan files

Mortgage QC Underwriter

Quality Control Underwriter at Canopy Mortgage reviewing mortgage loan files for compliance. Conducting audits and identifying potential fraud or deficiencies in underwriting. 

• Review mortgage loan applications and supporting documentation (credit reports, income documents, appraisals, etc.) to assess borrower qualifications
• Evaluate loans according to company, investor (Fannie Mae, Freddie Mac), and regulatory guidelines
• Analyze risk factors and ensure loans meet product and compliance requirements
• Render loan decisions (approve, suspend, or deny) and provide detailed conditions and rationale
• Maintain thorough and accurate documentation in loan files and LOS (Loan Origination System)
• Communicate underwriting decisions and conditions clearly to processors, loan officers, and other stakeholders
• Stay updated on investor guidelines, industry trends, and regulatory changes (e.g., TRID, ATR/QM, HMDA)
• Work collaboratively with processing and closing departments to resolve issues and ensure timely closings
• Participate in audits and quality control reviews as needed
• Maintain performance goals including turnaround time and accuracy

Mortgage Underwriter evaluating residential mortgage loan applications

Mortgage Loan Underwriter

Mortgage Underwriter evaluating mortgage loan applications for creditworthiness and risk. Ensuring compliance with guidelines while collaborating with loan processors and officers.

• evaluating various types of mortgage loan applications, including conventional (Fannie Mae and Freddie Mac), FHA, VA, equity, construction-to-perm, renovation-to-perm, and specialty programs
• Review loan files to determine compliance with lender credit underwriting guidelines as well as government guidelines
• Review and validate borrower(s): income (including complex business and personal tax returns), credit, asset documentation, title and fraud reports
• Analyze loan files to determine credit worthiness of borrower
• Prioritize and manage files among new submissions, documents, and funding
• Work as a team with loan officers and other professionals to ensure file completeness
• Review government appraisal to ensure the value of the property is accurately presented
• Maintain production standard goals as established by management
• Re-underwrite loans when additional information has been received
• Be proactive in researching general underwriting scenarios and guidelines to stay up to date
• Consistently adheres to VyStar core values and Code of Ethics
• Provide service to the membership, Credit Union employees and third-party vendors
• Responsible for understanding mortgage department goals as well as Credit Union goals and pro-actively works toward attainment of those goals

Senior Mortgage Underwriter evaluating various types of mortgage loan applications at VyStar

Senior Mortgage Underwriter

Senior Mortgage Underwriter responsible for evaluating mortgage loan applications at VyStar Credit Union. Working with loan officers to ensure compliance and documentation integrity.

Mortgage Underwriter jobs in United States

See all jobs on JobTailor

Mortgage Underwriter – Non-QM Specialist

Mortgage Underwriter

Senior Mortgage Loan Underwriter

Senior Mortgage Loan Underwriter

Mortgage Underwriter 2

Mortgage Underwriter

Mortgage QC Underwriter

Mortgage Loan Underwriter

Senior Mortgage Underwriter