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.
RSS

1000+ Mortgage Underwriter jobs found on Monster.

Jobs 1 to 20 of 1392
UNDERWRITER RESPONSIBILITIES: Perform post-closing analysis of residential mortgage loan files for completeness and accuracy Analyzing credit documents, mortgage applications, credit history, income documents, title documents, appraisals Perform a detailed review of completed verification and identify red-flags Prepare detailed write-up of the audit findings REQUIRED: BS/BA a definite plus ...
Russ Hadick & Associates has partnered with a Kansas City, KS area client to help them search and qualify candidates for their Mortgage Loan Underwriter position. - Bachelor's degree preferred - 3+ years experience underwriting experience - VA and FHA loan experience - Staff appraisal reviewer (SAR) and direct endorsement (DE) certifications are highly preferred - Local candidates only...
Job description: Responsible for underwriting Residential Mortgage loan packages from originators/processor on the viability of loans presented, ensuring compliance with appropriate state, federal, company and investor guidelines and requirements. The candidate will possess: · Certified DE · Strong understanding of underwriting guidelines for all loan program types · Underwriting experience w...
Qualifications/Experience: Extensive mortgage underwriting experience which includes but not limited to: · Experience with income analysis with includes exposure to reviewing Self employment, Corporate, and Partnerships tax returns. · Advanced asset analysis and experience working with all types, and experience with layering risk and evaluation. · Thorough understanding of underwriting policie...
We're looking for a Residential Mortgage Underwriter Job Summary: Evaluate risk, review collateral and make appropriate loan decisions based on established underwriting guidelines, information and documentation provided in the loan file Calculate income, debt to income, loan to value and review appraisals Communicate the decision (approval, suspense, denial) to the appropriate individuals Revi...
Company Description At McLean Mortgage Corporation (MMC) we are a team comprised of driven individuals who are committed to providing only the best for our clients. Since the MMC was founded in 2009 we have grown to over 200 employees in multiple offices from Delaware to South Carolina. In 2014 we were voted into the Top 10 Mortgage Companies to Work For by Mortgage Executive Magazine. MMC is ran...
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...
1st Colonial Community Bank currently has an exceptional opportunity available for an experienced underwriter to join their residential lending team. The UW will be responsible for credit decisions on mortgage applications consistent with internal and investor guidelines, to include loans eligible to be sold on the secondary market as well as bank portfolio loans. Additionally, the UW should have ...
Underwriter Job Description American Pacific Mortgage in Boise, Idaho has a current opening for an experienced Mortgage Underwriter. Basic Function: Responsible for providing efficient, timely, consistent, accurate quality loan decisions on a daily basis. Underwrite loans that adhere to APM Underwriting Policy and Procedures as well as adhere to the investor guidelines, policies and procedures....
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...
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...
CyberCoders Matching Great People with Great Companies Learn more about CyberCoders Apply Conventional Underwriter Roseville, CA; Citrus Heights, CA Full-Time $65,000 - $90,000 Apply Apply Conventional Underwriter Roseville, CA; Citrus Heights, CA Full-Time $65,000 - $90,000 Apply Job Details THIS IS NOT A REMOTE POSITION AND THERE IS NO OPTION TO WORK FROM HOME. Do you have at leas...
Qualifications/Experience: Extensive mortgage underwriting experience which includes but not limited to: · Experience with income analysis with includes exposure to reviewing Self employment, Corporate, and Partnerships tax returns. · Advanced asset analysis and experience working with all types, and experience with layering risk and evaluation. · Thorough understanding of underwriting policie...
MORTGAGE DUE DILIGENCE PROFESSIONALS FORENSIC REVIEW UNDERWRITERS Submit Resume for Immediate Review and Interviewing Flexible Work Schedule Relaxed Office Atmosphere Casual Attire Growth Opportunities Opus Capital Markets,LLC – Chicago Area GENERAL DESCRIPTION AND RESPONSIBILITIES Perform due diligence work as a 3rd party mortgage underwriter to evaluate mortgage portfolios to identif...
Job Description Residential mortgage due diligence company looking for additional employees to join its existing team to perform due diligence on residential loans. This is a forensic review and prior forensic due diligence experience is required. Company Description American Mortgage Consultants, Inc. (AMC) is a Financial & Professional Services provider for Residential lending products. Estab...
Company Confidential New York City, NY, 10001
Mortgage Banker with a market presence in NY & NJ is looking to hire an experienced FHA & Conventional Underwriter with DE Certification for its Manhattan office. We offer generous compensation and benefits program that includes health & dental along with a retirement savings plan. Requirements: · Must have a minimum of 2 recent years’ experience in underwriting · A minimum of 5 years in the in...
Job Description Residential mortgage due diligence company looking for additional employees to join its existing team to perform due diligence on residential loans. This is a forensic review and prior forensic due diligence experience is required. Company Description American Mortgage Consultants, Inc. (AMC) is a Financial & Professional Services provider for Residential lending products. Estab...
CyberCoders Matching Great People with Great Companies Learn more about CyberCoders Apply Mortgage Underwriter Melville, NY Full-Time $50,000 - $90,000 Apply Apply Mortgage Underwriter Melville, NY Full-Time $50,000 - $90,000 Apply Job Details Come work for a growing mortgage company that's an all around great place to work for! What You Will Be Doing As an Underwriter you will be ...
Majestic Home Loan is looking for a top-notch talent to join our team. We are currently seeking an experienced in-house Mortgage Underwriter for our corporate office in Rancho Cucamonga, CA. We offer a team-oriented environment with a focus on continuing growth and advancement for our employees. Job Description Responsible for underwriting Residential Mortgage loan packages from originators/proc...
Large investment bank in Manhattan is seeking an experienced, positive and motivated individual to join their underwriting team. The successful candidate possesses solid residential underwriting skills and experience underwriting jumbo mortgages loans for sophisticated borrowers with complex income. Position Responsibilities: Underwrite complex mortgage loans for high net worth clients Perform ...

Get new jobs by email for this search
We'll keep looking and send you new jobs that match this search.
email me

Upload your resume and let employers find you!
It's that simple!

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

Popular Mortgage Underwriter Articles

Sample Resume for a Mortgage Underwriter Article Rating
You may be an expert at underwriting, but how about resume writing? Use this mortgage underwriter sample resume as a guide to preparing your resume.
Finance Jobs Article Rating
Whether your beat is auditing, tax, financial analysis, lending or another specialty, explore careers in finance and search for finance jobs now.
For Employers: Post Jobs | Search Resumes | Advertise
About Monster | Work for Monster | Advertise with Us | AdChoices | Partner with Us | Investor Relations | Social Media
Terms of Use | Privacy Center | Accessibility Center | Help | Security | Contact Us | Sitemap | Mobile
©2014 Monster - All Rights Reserved U.S. Patents No. 5,832,497; 7,599,930 B1; 7,827,125 and 7,836,060 MWW - Looking for Monster Cable? - V: 2014.11.15.18-209
eTrustLogo