Job Description

Job Summary

We are seeking an Associate Mortgage Underwriter to join our growing team. This role is ideal for candidates with 1-3 years of residential mortgage underwriting experience who are looking to further develop their underwriting expertise. The Associate Underwriter will review mortgage loan applications, analyze borrower financial information, assess risk, and ensure compliance with agency and investor guidelines.

Responsibilities

• Review residential mortgage loan files for completeness, accuracy, and guideline compliance.
• Analyze income, assets, credit reports, employment history, and debt-to-income ratios.
• Evaluate loan documentation to determine borrower eligibility and creditworthiness.
• Identify and assess lending risks while making sound underwriting recommendations.
• Issue conditional approvals and review conditions submitted by borrowers.
• Ensure loans meet Fannie Mae, Freddie Mac, FHA, VA, and company underwriting guidelines.
• Communicate with loan officers, processors, and other stakeholders regarding loan conditions and requirements.
• Maintain quality, productivity, and turnaround time standards.
• Stay current with mortgage regulations, underwriting guidelines, and industry best practices.
• Assist with escalated file reviews and special underwriting projects as assigned.

Qualifications

• 1-3 years of residential mortgage underwriting experience.
• Strong understanding of conventional, FHA, and VA mortgage products.
• Knowledge of agency guidelines, lending regulations, and mortgage compliance requirements.
• Experience analyzing credit reports, tax returns, pay stubs, bank statements, and financial documents.
• Ability to assess risk and make informed underwriting decisions.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent verbal and written communication skills.
• Proficiency with mortgage loan origination systems (LOS), AUS platforms (DU/LP), and Microsoft Office.
• High school diploma required; Bachelor's degree in Finance, Business, Accounting, or related field preferred.

Preferred Qualifications

• Experience underwriting conventional and government mortgage loans.
• Knowledge of mortgage servicing and secondary market requirements.
• Strong attention to detail with the ability to manage multiple files simultaneously.

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