Mortgage Underwriter Jobs

Mortgage Underwriter Overview


A mortgage underwriter is the person who processes and verifies a mortgage application. Mortgage underwriters are responsible for checking the applicant’s loan history, credit history, credit score, outstanding debt, income, and other factors that contribute to a loan approval or denial decision. The position is usually worked into after several years of experience working under a more experienced underwriter. However, past experience as a loan officer or general loan underwriter can speed up the process.

Mortgage Underwriter Education Requirements


Mortgage underwriters must have, at minimum, a high school diploma. Many obtain degrees or certifications from technical colleges. On-the-job training is provided upon hiring. Mortgage underwriters are required to possess strong mathematic and analytical skills, as well as the ability to communicate clearly with other agencies when verifying the applicant’s information.

Mortgage Underwriter Job Market


The total number of jobs for mortgage underwriters is expected to rise by 9 percent between 2012 and 2022, which will result in an estimated 3,010 new jobs per year. Mortgage underwriters are often employed by mortgage companies. A very few will find work on a freelance basis, and they will work when a company is flush with loans and needs the additional processing power.

Mortgage Underwriter Salary


Underwriters are well paid for their work with an average salary of around $53,000. Beginning underwriters might make as little as $31,000 until they work their way up. Experienced underwriters can make as much as $105,000 or more per year. The size of the employing company makes a large difference as does the experience of the underwriter. Some companies offer bonuses on the size of the approved loans. Freelance underwriters typically charge a flat rate, which can result in large sums being paid to them at a time. However, this can result in unsteady income in between projects.
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1000+ Mortgage Underwriter jobs found on Monster.

Jobs 1 to 20 of 1311
TO APPLY, PLEASE SUBMIT YOUR RESUME AT https://jobs.lever.co/lendinghome/47900846-bb0e-4ecb-ac52-7f16526a1a6e GENERAL SUMMARY We are seeking a highly qualified Underwriter with superior credittraining and excellent organizational skills. Underwriters are responsible for managing the loans through final credit approval including working with processors and housing analysts. The candidate must pos...
Mortgage Underwriter - Multiple Positions - APPLY NOW! ***** Requirements: • Minimum of 12 months mortgage underwriting background. • Good analytical skills and knowledge of loan origination systems. • Proficient with First Mortgage Conventional, VA, Texas Vet, Purchase Money Second and Convenience Line of Credit loans. • Member contact may be required • MS Outlook. •...
Summary: Ethos Lending is a fast growing technology and service oriented mortgage lender located in San Francisco that originates high-quality residential mortgage loans in-house from underwriting to closing. We enjoy a highly energetic, fast pace, dynamic, and entrepreneurial culture and company. Ethos Lending is currently hiring seasoned or entry-level underwriters, who are eager to become par...
Must have FHA DE and VA LAPP authority. Good communication and training skills necessary. 3 - 5 years recent mortgage underwriting experience. Encompass experience preferred. Please fax resume to 703-852-7196. EOE/M/F/H DFWP...
Kern Schools Federal Credit Union has been serving the community since 1938. We currently have the following opening available: Centralized Lending Underwriter This person will be responsible for reviewing and analyzing consumer loan applications and making sound lending decisions based on internal operating procedures, board policies, and as governed by federal and state regulations. The ideal ...
Kern Schools Federal Credit Union has been serving the community since 1938. We currently have the following opening available: IT Security Manager Must be familiar with standard concepts, practices, and procedures within the Information Technology Security field. This position requires a strong understanding of applicable business systems, industry trends and an understanding of a layered secur...
Position Description: To underwrite conventional and jumbo mortgage loans including USDA Rural Housing, purchase and refinance transactions. Automated Underwriting Systems (AUS) will be used for full or partial underwriting with product and investor specific guidelines applied outside the AUS. Loans underwritten may have multiple sources of income required self-employed borrower tax return analys...
Position Description: To underwrite conventional and jumbo mortgage loans including USDA Rural Housing, purchase and refinance transactions. Automated Underwriting Systems (AUS) will be used for full or partial underwriting with product and investor specific guidelines applied outside the AUS. Loans underwritten may have multiple sources of income required self-employed borrower tax return analys...
Position Description: To underwrite conventional and jumbo mortgage loans including USDA Rural Housing, purchase and refinance transactions. Automated Underwriting Systems (AUS) will be used for full or partial underwriting with product and investor specific guidelines applied outside the AUS. Loans underwritten may have multiple sources of income required self-employed borrower tax return analys...
MORTGAGE QUALITY CONTROL UNDERWRITERInco-Check, Inc., a national lender service provider, is seeking qualified individuals to join our team. We are a dynamic, boutique company that is an industry leader in providing excellence in mortgage loan services to our Client's while creating an environment that promotes employee satisfaction. Our employees enjoy work life balance and competitive pay. Poten...
PeopleQuest Staffing is currently looking for VA Mortgage Underwriters for our client in Roseville, CA. These are full-time, direct hire positions for a direct retail lending establishment. If you are interested, qualified, and available, please click on the "apply now" button below to fill out an application and attach your resume. Your application and resume will be reviewed and a recruiter will...
Purpose To underwrite files by issuing/clearing conditions certifying that the data integrity of the loan files are in compliance with NOIC and agencies guidelines Essential Duties and Responsibilities · To review the documentation provided in the loan files to make an informed underwriting decision · To ensure that the loan file meets the program criteria for the type of financing the borrowe...
Underwriter GTL Investments, (which operates under the brands John Adams Mortgage, Ann Arbor Mortgage, and Front Street Mortgage) is a well established mortgage company affiliated with Real Estate One, Michigan's largest Real Estate Company. The company is looking for a quality minded, customer service oriented individual who can underwrite loans. This full time position will be located in Southf...
Mortgage Underwriter We are seeking an Experienced Mortgage Underwriter. A minimum of 2 years experience with FHA and Conventional mortgage underwriting is required. The ideal candidate will have sound manual underwriting skills using DU or LP as a tool to assist in the credit decision. Desired Skills & Experience • Must have 2 years experience underwriting Conv. & FHA loan programs • Experien...
Job Description: Are you an experienced Underwriter wanting to work with one of the largest players in the market? Our client is a risk and compliance managing company servicing investors and lenders. With the largest experience set in the industry, they have completed over 600,000 loan reviews! Locations: Maitland, FL Pay: $24 - $32 per hour Relocations assistance not provided. This positio...
Summary: Under general direction but according to established policies and procedures is responsible for processing all consumer loans and residential mortgage applications. Handles all loan documentation required to process and close all retail loans. Principal Responsibilities and Duties · Review new loan applications to determine needed reports. · Order such items including employment and in...
Job Description Residential mortgage due diligence company looking for additional employees to join its existing team to perform due diligence no residential loans. Company Description American Mortgage Consultants, Inc. (AMC) is a Financial & Professional Services provider for Residential lending products. Established in 1996, AMC offers a comprehensive product line including, but not limited ...
FHA DE, VA LAPP and SAR authority required. 3 - 5 years recent mortgage underwriting experience. Encompass experience a plus. Paperless environment. Good communication, customer service and training skills necessary. Fax resume to 856-917-2600. EEO/M/F/H...
We are seeking a highly-experienced Mortgage Underwriter for a growing mortgage banker located in Bala Cynwyd, Pennsylvania. This is a direct hire opportunity and includes growth potential and benefits. The position includes underwriting residential loans, examining loan documents for accuracy and completeness, coordinating with management on loan exceptions and responding to individual and invest...
UHS America is renowned for hiring exceptional people and giving them unparalleled opportunities to build their careers and capabilities. If you are interested in a Career with an exciting team, where excellence and customer service are a fundamental part of the culture. UHS America is the place for you! Description: * Complete a full underwrite on all closed loan files * Analysis of all relate...

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Real Estate Career Tools

Mortgage Underwriter

Salaries

$37,400.00 - $86,649.00
Typical Salary for Mortgage Underwriter
(254 Respondents)
Source: Monster.com Careerbenchmarking Tool

Education / Training

Bachelor's
31.5%
Some College Coursework Completed
28.2%
High School
15.4%
Associates
14.1%
Master's
6%
Vocational
2%
(149 Respondents)
Source: Monster.com Careerbenchmarking Tool

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