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 1458
Leading credit union needs 3 Mortgage Processors, and 3 Mortgage Underwriters.​​ Must be able to commit to long term.​​ Must know and have experience with either processing, or underwriting from beginning to end.​​ Residential or commercial needed Work hours Monday to Friday 830AM TO 530PM .​​Must be able to pass background check, and have decent credit.​​ Salary based on experience, and bonuses a...
We are seeking multiple Mortgage Processors, Mortgage Underwriters and Mortgage Closers for several of our clients in the Denver, CO area. These are Full Time, Permanent, Direct Hire Positions!!!! Required Experience Three years experience in mortgage industry needed Must have worked within the Mortgage Industry within the past 5 months. Experience with FHA/Conventional Loans, VA is a plus....
Mortgage Loan Underwriter SecurityNational Mortgage, a rapidly growing nationwide company headquartered in Salt Lake City, is seeking a full time Mortgage Loan Underwriter to join our team. Requirements 3+ years of work experience as a Mortgage Loan Underwriter. Experience with Encompass or other paperless doc system. Current experience as an active FHA and Conventional Underwriter is require...
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 experience 5 years Mortgage industry experience. Knowledge of prospector and d...
RESPONSIBILITIES: Kforce has a client seeking a Mortgage Underwriter in San Antonio, Texas (TX). Description: Review applications to insure they are within specified Fannie Mae/Freddie Mac/VA criteria Analyze income, assets, credit, real estate property appraisals, homeowner's insurance, mortgage and flood insurance, title commitments and loan conditions for approval to include loan credit dec...
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...
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...
BNC National Bank has an excellent opportunity in our Overland Park office for an experienced FHA DE Designation and VA SAR Authority Underwriter. Duties: • Underwrite new loan file submissions inclusive of all fraud detection processes and guidelines • Review resubmitted files or conditions for guideline acceptance (including the processing of required exceptions). • Specifically responsible ...
Growing company located in Southwest Houston is looking for Mortgage Underwriters to join their team! Requirements: Evaluate and confirm loan applications, insuring conformity to Fannie Mae, Freddie Mac, and Assigned Specific Investor loan program perimeters. Issue loan decisions based on program stipulations to insure saleability of loans to investors. Coordinate with processors to correct lo...
Requirements: Evaluate and confirm loan applications, insuring conformity to Fannie Mae, Freddie Mac, and Assigned Specific Investor loan program perimeters. Issue loan decisions based on program stipulations to insure saleability of loans to investors. Coordinate with processors to correct loan file documentation and complete all outstanding conditions, income, asset, credit, and automatic eng...
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...
Job Title: Mortgage Underwriter Status: Fulltime, Non-Exempt Location: Woodbury, MN Summary Land/Home Financial Services, Inc. is a nationwide Mortgage Bank with several locations throughout the US. We are looking for an DE Certified Underwriter to work out of our Woodbury, MN branch. Responsibilities will include, underwriting FHA/VA and Conventional loan files in accordance with state, feder...
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...
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 ...
Company Confidential Flushing, NY, 11367
We are growing and need experienced professionals on our team! Job Purpose: Serve clients during the mortgage loan processor, providing them the best possible experience. This is done by great communication, reviewing and preparing loan documents throughout the process. Closing on time is a must not an option. Duties: Loan Processor Review loan application for completeness and clarifying or ob...
Our Mission: At Atlantic Home Loans, we’re committed to providing the highest quality, professional service in the mortgage industry. As an established mortgage banker licensed in multiple states, our only business is providing home financing to our clients. As the old adage goes, “do only one thing, and do it the best”, and we bring this to work with us every day. We strive to be the premier mor...
Job Description: Mortgage firm looking for Underwriter with experience and certification. Familiar with FHA, VA, Conventional Loans. Full time, great location. Salary depending upon amount of experience. Apply Today!!!!!! We are an equal employment opportunity employer and will consider all qualified candidates without regard to disability or protected veteran status. You can view all of our job...
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...
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....
ACTIVE CHUMS ID IS REQUIRED FOR CONSIDERATION Candidate must have CURRENT experience in the Mortgage Industry. Qualified candidates will have at least 5 years of recent underwriting experience for residential FHA loans. Knowledge of credit underwriting and property evaluation Perform timely reviews of stipulations/conditions submitted Analyze loan packages to deliver valid credit decisions M...

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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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