Job Description

Job Summary

We are seeking an Associate Mortgage Underwriter to join our mortgage operations team. This position is ideal for candidates with 1-3 years of experience in mortgage underwriting or mortgage loan processing with significant exposure to underwriting functions. The successful candidate will review loan documentation, analyze borrower qualifications, assess risk, and ensure compliance with investor and agency guidelines

Responsibilities

• Review residential mortgage loan files for completeness, accuracy, and compliance.
• Analyze borrower income, assets, credit history, liabilities, and employment documentation.
• Evaluate loan applications against underwriting guidelines and eligibility requirements.
• Support underwriting decisions by identifying risk factors and documentation deficiencies.
• Review and clear underwriting conditions as required.
• Work closely with Loan Officers, Processors, Underwriters, and Closers throughout the loan lifecycle.
• Ensure files meet Fannie Mae, Freddie Mac, FHA, VA, and investor requirements.
• Communicate loan requirements and outstanding conditions to internal and external stakeholders.
• Maintain target turnaround times while ensuring quality and accuracy.
• Stay current on mortgage regulations, lending policies, and industry guidelines.

Qualifications

• 1-3 years of experience as a Mortgage Underwriter, Associate Underwriter, Junior Underwriter, or Mortgage Loan Processor with underwriting exposure.
• Strong understanding of residential mortgage lending and loan documentation.
• Experience reviewing income, assets, tax returns, credit reports, and financial statements.
• Knowledge of Conventional, FHA, VA, and USDA loan products.
• Familiarity with Automated Underwriting Systems (DU/LP).
• Understanding of agency and investor guidelines.
• Strong analytical and problem-solving skills.
• Excellent communication and organizational abilities.
• Ability to manage multiple loan files in a fast-paced environment.

Preferred Qualifications

• Experience issuing or assisting with underwriting decisions.
• Prior experience clearing underwriting conditions.
• Exposure to risk assessment and credit analysis.
• Bachelor's degree in Finance, Business, Accounting, or a related field preferred.

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