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 2054
America’s Choice Home Loans LP is a mortgage banker and direct lender in Houston, Texas. We have been in business since 1998, and we have invested heavily in top end technology to help you be the most productive mortgage professional you can be. We process, underwrite and prepare all closing docs in our Houston office. We are seeking professionals that are looking for a place to call home, a place...
Pentagon Federal Credit Union Houston, TX
Job Description: Sr. Mortgage Loan Underwriter - Loan Underwriter - Sr. Mortgage We have an immediate opening for a Sr. Mortgage Underwriter - Lending Services in our Alexandria, Virginia Mortgage office location. The incumbent, acting as an alternate member of the Credit Committee, underwrites conventional and FHA/VA loans in accordance with investor guidelines. General - Sr. Mortgage Loan Un...
Pentagon Federal Credit Union Houston, TX
Job Description: Senior First Mortgage Underwriter – Sr. First Mortgage Underwriter General - Senior First Mortgage Underwriter – Sr. First Mortgage Underwriter The incumbent underwrites conventional, FHA, VA, Co-op and Construction loans in accordance with investor guidelines including the secondary market. The senior underwriter responds to audits and performs QC on mortgage files. Essential...
RESPONSIBILITIES: Kforce has a client seeking a Mortgage Re-Underwriter to join their team in San Antonio, TX. Duties: Engages primarily in the re-underwriting, review and classification of residential mortgage loans corresponding to that of a typical regulatory or due diligence review; He/she will evaluate the underwriting and credit administration practices (i.e., applicable Underwriting Guid...
Mason-McDuffie Mortgage is an established Mortgage Banker with offices throughout the US. Mason-McDuffie Mortgage has evolved with the changing times and embraced technology to facilitate growth while remaining steadfast in our commitment to unparalleled service to our Loan Originators. Our core Management Team have over a century of combined experience and know how to take advantage of today’s op...
CyberCoders Matching Great People with Great Companies Learn more about CyberCoders Apply DE Mortgage Underwriter Shoreview, MN Full-Time $80,000 - $95,000 Apply Apply DE Mortgage Underwriter Shoreview, MN Full-Time $80,000 - $95,000 Apply Job Details If you are a DE Mortgage Underwriter with experience, please read on! We started small and had a goal of providing large company bene...
Job Purpose: Protects mortgage investments by evaluating loan risk; rejecting and ranking risk. Option to work from Home after training period! Duties: * Evaluates loan risk by verifying loan application information; verifying application information against loan criteria guidelines and standards. * Clarifies risk by requesting additional information. * Rejects loans by identifying and docum...
TATA Consultancy Services (TCS) is one of the world's leading business process service providers. Through its Global Network Delivery Model™, Innovation Network, and Solution Accelerators, TCS focuses on helping global organizations address their business challenges effectively. TCS has over 111,000 of the world's best trained consultants in 50 countries. For more information, visit www.tcs.com J...
First Guaranty Mortgage Corporation is seeking highly skilled D.E. and Conventional Underwriter for their Non Delegated channel. This is not a Retail Underwriting position. Remote / Telecommute acceptable depending on proper upload speeds to support our Encompass Ellie Mae Operating system. This is an hourly plus O. T. position as well as a tenure bonus paid annually to promote longevity with th...
Primary Purpose: Underwrite loans efficiently and effectively within the Service level agreement. Support Underwriters, Processors and Loan Originators on a daily basis. Major Responsibilities: Mortgage credit underwriting and property evaluation Perform timely reviews of initial underwrites, stipulations and conditions submitted by Loan Processors Analyze credit and financial statements to d...
VA & DE UNDERWRITER Excellent opportunity with a 37 year old Mortgage Banker with GNMA, FNMA, FHLMC licensing as well as a servicing platform. We are looking for an experienced DE, and VA underwriter. The ideal candidate will bring a progressive track record of success in underwriting both conventional and government loans and possess their Direct Endorsement and SAR designation. You must also p...
Job Description: Terrific opportunity for a professional individual ready to move ahead in a great career. As a Mortgage Wholesale Underwriter for this growing, stable banking company, you will be responsible for preparing documents for title, order payoffs, coordinate loan closing, process lender conditions. Must have 5 years Mortgage industry experience. Knowledge of prospector and desktop unde...
In search of an experienced DE Underwriter for a local mortgage company. Direct Endorsement is a must. Required skills: Experience with both DU and LP Strong capacity to address credit related issues to ensure loans meet standards Strong analytic, judgment, oral, written, communication, interpersonal skills High level problem solver Ability to work in fast paced, high volume environment Tho...
Bell Mortgage, a Division of Bell State Bank & Trust Job Description Job Title: Underwriter Date: 2015 Reports To: VP/Underwriting Department: Underwriting FLSA: Exempt Job Summary:Complete conventional/government (HUD/VA/USDA)underwriting reviews in accordance with agency, investor, & appraisal guidelines in a timely manner insuring compliance, quality & meeting closing schedules. Counsel ...
CyberCoders Matching Great People with Great Companies Learn more about CyberCoders Apply DE Mortgage Underwriter Clearwater, FL Full-Time $50,000 - $95,000 Apply Apply DE Mortgage Underwriter Clearwater, FL Full-Time $50,000 - $95,000 Apply Job Details Come work for a growing mortgage company that's an all around great place to work for! IMPORTANT NOTE: MUST HAVE CHUMS#. LAPP IS HI...
CyberCoders Matching Great People with Great Companies Learn more about CyberCoders Apply DE Underwriter - Reverse Mortgages Mahwah, NJ Unspecified Apply Apply DE Underwriter - Reverse Mortgages Mahwah, NJ Unspecified Apply Job Details We are a nationwide residential mortgage lender with over 20 locations across the US and for over 10 years we have been providing not only streamlined...
CyberCoders Matching Great People with Great Companies Learn more about CyberCoders Apply DE Underwriter Linthicum, MD Full-Time $90,000 - $110,000 Apply Apply DE Underwriter Linthicum, MD Full-Time $90,000 - $110,000 Apply Job Details We are a nationwide residential mortgage lender licensed in 30 states and for over 15 years we have been providing not only streamlined quality servic...
CyberCoders Matching Great People with Great Companies Learn more about CyberCoders Apply Mortgage Underwriter Overland Park, KS Unspecified Apply Apply Mortgage Underwriter Overland Park, KS Unspecified Apply Job Details If you are a Mortgage Underwriter with experience, please read on! What You Will Be Doing What You Will Be Doing As an Underwriter you will be responsible for bu...
CyberCoders Matching Great People with Great Companies Learn more about CyberCoders Apply Mortgage Underwriter Plymouth, MN Unspecified Apply Apply Mortgage Underwriter Plymouth, MN Unspecified Apply Job Details If you are a Mortgage Underwriter with experience, please read on! What You Will Be Doing What You Will Be Doing As an Underwriter you will be responsible for but not limi...
CyberCoders Matching Great People with Great Companies Learn more about CyberCoders Apply DE Mortgage Underwriter El Monte, CA Full-Time Unspecified Apply Apply DE Mortgage Underwriter El Monte, CA Full-Time Unspecified Apply Job Details Come work for a growing mortgage company that's an all around great place to work for! IMPORTANT NOTE: CHUMS#. LAPP IS HIGHLY DESIRABLE. FHA & VA ...

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