DE/SAR Mortgage Underwriter
R
Rapid MortgageMortgage Lending
United States, ESTFull-TimeMiddle
Salary not disclosed
Apply NowOpens the employer's application page
Job Details
- Experience
- Minimum 3+ years
Requirements
- Minimum 3+ years of current mortgage underwriting experience.
- Active DE (FHA) or SAR (VA) designation.
- Experience underwriting DPA (Down Payment Assistance) programs.
- Proficiency with Encompass Loan Origination System.
- Experience analyzing complex borrower profiles, including self-employed borrowers and layered risk.
- Strong working knowledge of AUS platforms (DU and LP).
- Ability to assess manual files when necessary.
- Deep understanding of current investor, agency, and compliance guidelines.
- Exceptional analytical skills, attention to detail, and time management.
- Ability to work independently in a fast-paced remote environment.
- Excellent written and verbal communication skills.
- No more than a 16-month gap in mortgage underwriting experience (if gap applies, must have stayed up to date on market trends and newest guidelines).
- Must have current or recent loan-level underwriting authority.
Responsibilities
- Analyze and underwrite loan files including credit, income, assets, appraisals, title, and supporting documentation.
- Issue clear, concise approval, suspension, or denial decisions within delegated authority.
- Underwrite loans to current FHA, VA, USDA, and Conventional guidelines.
- Perform manual underwrites for loans that do not receive AUS Approve/Eligible findings.
- Interpret and evaluate complex self-employed income documentation (K-1s, Schedule C, 1120s, 1065s).
- Review large deposits, verify funds for closing, and ensure adequate reserves.
- Communicate conditions and rationale for decisions to internal stakeholders clearly and professionally.
- Ensure all underwritten files meet agency, investor, and federal compliance requirements.
- Stay informed on changes to underwriting policies, loan products, and regulatory updates.
- Partner with processing and sales teams to promote a collaborative and efficient pipeline.
View Full Description & ApplyYou'll be redirected to the employer's site
