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 1331
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...
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...
MORTGAGE UNDERWRITER Reports to: Mortgage Operations Manager SUMMARY Responsible for examining, evaluating, and underwriting residential mortgage applications. Approve eligible mortgages through Desktop Underwriter. Underwrite new loan applications. Miscellaneous requests, direct member contact, questions,problem resolution. Review conditions, pipeline follow up and review Knowledge of Desk...
Mortgage Underwriter We are a mid-sized mortgage banker based in New York City, licensed in 14 states. We are looking for an experienced underwriter who has a strong understanding of mortgage credit guidelines & compliance. Qualified candidates can work from home through our remote automated operating system. Candidates should have a strong working background in: Fannie Mae Guidelines Freddie...
JOIN AN OUTSTANDING AND REPUTABLE COMPANY WITH 35 YEARS OF MORTGAGE BANKING EXPERIENCE In the face of the challenges that the mortgage industry has endured over these last years we have continued to grow and thrive. Our 35 years of experience has taught us that nothing succeeds like experience, foresight and a sound business strategy. We have a management team dedicated to organic growth and the...
Midwest Community Bank/Blueleaf Lending Northern Illinois based bank and mortgage loan production office is seeking a Mortgage Underwriter to join its growing team of high motivated and dedicated professionals. This position will provide expert analysis of FNMA and FHLMC guidelines with extensive use of Desktop Underwriter and Loan Prospector. The analysis scope includes product, program and ensu...
Job Purpose: Underwrites all loans for compliance with investor and/or agency guidelines. Previous underwriting experience is required. Direct Endorsement or VA designation a plus. Condo & Coop experience a plus. Duties: * Evaluates loan risk by verifying loan application information; verifying application information against loan criteria guidelines and standards. * Underwriter to anallze app...
Job Purpose: Underwrites all loans for compliance with investor and/or agency guidelines. Previous underwriting experience is required. Direct Endorsement or VA designation a plus. Condo & Coop experience a plus. Duties: * Evaluates loan risk by verifying loan application information; verifying application information against loan criteria guidelines and standards. * Underwriter to anallze app...
Northpointe Bank – UW - QC Manager Position Description The POWER of a CAREER! Northpointe Bank is seeking a detail oriented, customer service minded individual to join our QC Team as a Quality Control Manager in the Corporate Grand Rapids, Michigan office. This position requires an individual who has the desire to make a difference within the organization. An exceptional ability to grasp new con...
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...

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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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