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 1869
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...
Pentagon Federal Credit Union Houston, TX
Job Description: Mortgage Loan Underwriter - Loan Underwriter - Mortgage We have an immediate opening for an full time Underwriter 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 - Mortgage Loan Underwriter - Loan Underwriter - Mo...
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...
Mortgage Loan Underwriter 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 Conventi...
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...
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 · Experience with VA, USDA and ...
On Q Financial is seeking outstanding candidates to join our exceptional team of Mortgage Underwriters. Candidates must be customer-oriented, highly experienced, enthusiastic and have a strong aptitude for detail, accuracy and organization. Job Duties · Proficiency in underwriting complex personal/business tax returns and financial statements. · Thorough understanding of underwriting guidelines...
Adecco is currently assisting a local client in their search to fill a Mortgage Underwriter job in Redding, CA. This is a temporary to hire opportunity. As a Mortgage Underwriter you will be responsible for overseeing all aspects of international origination loans, including, but not limited to the due diligence, processing, closing, as well as reporting of loans. The ideal candidate will have exp...
Stability, growth, leadership …if you are seeking a future filled with opportunity then we would like to talk with you. NVR, Inc. (parent to Ryan Homes, NVHomes) is one of the largest homebuilding and mortgage banking companies in the nation. We are currently the most profitable US builder and we have generated the industry’s highest earnings per share growth rate over the last 10 years. Founded i...
Stability, growth, leadership …if you are seeking a future filled with opportunity then we would like to talk with you. NVR, Inc. (parent to Ryan Homes, NVHomes) is one of the largest homebuilding and mortgage banking companies in the nation. We are currently the most profitable US builder and we have generated the industry’s highest earnings per share growth rate over the last 10 years. Founded i...
Stability, growth, leadership …if you are seeking a future filled with opportunity then we would like to talk with you. NVR, Inc. (parent to Ryan Homes, NVHomes) is one of the largest homebuilding and mortgage banking companies in the nation. We are currently the most profitable US builder and we have generated the industry’s highest earnings per share growth rate over the last 10 years. Founded i...
Stability, growth, leadership …if you are seeking a future filled with opportunity then we would like to talk with you. NVR, Inc. (parent to Ryan Homes, NVHomes) is one of the largest homebuilding and mortgage banking companies in the nation. We are currently the most profitable US builder and we have generated the industry’s highest earnings per share growth rate over the last 10 years. Founded i...
Come grow with us! The University of Iowa Community Credit Union (UICCU) is currently seeking an outgoing individual to join our team as a Full-Time Mortgage Loan Underwriter at our Financial Center in North Liberty. As a Mortgage Loan Underwriter, you will review applications to ensure the loan information is complete and meets all UICCU lending policy guidelines as well as regulatory guidelines...

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