About this role
Position: Mortgage Underwriter (Conventional & Jumbo)
Location: Great Neck, NY (in-person)
Company/Industry: Mortgage banker
Schedule: Mon-Fri 1st shift
Salary: $85,000 - $120,000/yr depending on experience, flexibility for the right candidate, plus benefits
Type: Direct Hire
Key Responsibilities
Loan Evaluation: Underwrite complex residential mortgage applications (Conventional, Jumbo, FHA, VA) to ensure full compliance with agency (Fannie Mae, Freddie Mac), investor, and internal company guidelines. Credit & Risk Analysis: Thoroughly review credit reports, income documentation (including complex self-employed tax returns), asset statements, title reports, and property appraisals. Condition Clearing: Clear loan conditions in a timely manner, review appraisal rebuttals, and issue final Clear to Close (CTC) approvals. Pipeline Management: Maintain an active pipeline of files, meeting strict turn-time commitments while maintaining high credit quality. Team Collaboration: Work closely with Loan Officers, Processors, and Management to resolve underwriting challenges and structure tricky loans effectively.
Qualifications & Requirements
3–7+ years of hands-on experience as a Residential Mortgage Underwriter. Deep understanding of Conventional and High-Balance/Jumbo loan underwriting (FHA DE / VA SAR designations are a strong plus). Hands-on experience with Encompass (or similar LOS), DU (Desktop Underwriter), and LPA (Loan Product Advisor).
Compensation / Pay Rate (Up to): $85,000.00 - $120,000.00