Senior Mortgage Underwriter
Core
Approves or denies mortgage loans by reviewing applications for completeness, regulatory compliance, and risk acceptability.
Role type
Senior Mortgage Underwriter
Builds
Mortgage loan files and decisions for investors and secondary mortgage markets
Domain
Real Estate Finance / Mortgage Lending
Required skills
FHA underwriting, VA underwriting, credit analysis, fraud detection, regulatory compliance, risk assessment, document verification
Preferred skills
Secondary market evaluation, loan pricing, second review committee participation
Technologies
Loan origination systems, investor conduit systems
Responsibilities
Underwrite conventional, FHA, VA, RD, and portfolio loans; review employment, income, and asset documentation; evaluate credit history and scores; detect fraud and ensure regulatory compliance; approve or reject loan applications; determine risk and set loan prices; assemble loan files and maintain databases; coordinate with originators, closers, and Realtors; participate in second review committees for denied loans.