Sr. Mortgage Underwriter

Other Jobs To Apply

No other job posts for this day.

Who we are:

At SECU, we put our employees first, recognizing that their well-being and professional development are vital to our success. By fostering a supportive and empowering work environment, our employees are committed to helping members achieve long-term financial security. They are also inspired to give back to the communities we serve by volunteering and spreading kindness, which reflects our core values and who we are as an organization.

Every employee at SECU contributes to our members financial well-being, and well always do whats right for our members, employees, and communities.

Feel good about what you do. Belong to a place where you matter and can make a difference.

What you will do:

The Senior Mortgage Underwriter reviews and analyzes residential mortgage loan applications according to investor and credit union portfolio policy and guidelines. The Senior Mortgage Underwriter must possess a strong background in analyzing creditworthiness, collateral, and income requirements associated with residential mortgage lending. The Senior Mortgage Underwriter must have experience with various investor programs, automated underwriting systems, and government loan programs. As part of the Mortgage Underwriting team, they strive to provide exceptional service to members and partners.

The Senior Mortgage Underwriter adheres to regulations and organizational policies, maintaining awareness and knowledge required to perform the duties of the position, including all aspects of the Bank Secrecy Act and related regulations, such as OFAC, and the USA Patriot Act, Fair Lending and Information Security.

A day in your life might include:

  • Analyze the creditworthiness, collateral, and accuracy of the applicable product Automated Underwriting System (AUS) (DU/LPA/GUS).
  • Perform thorough analysis of loan files to determine compliance with FHA/VA/USDA/Mortgage Insurance and Credit Union guidelines.
  • Ability to calculate income, including tax return analysis and to properly catalog findings into a concise effective written summary.
  • Approve, decline or counter-offer loans within limits of assigned authority.
  • Ability to work in a fast-paced, high-volume environment, while practicing sound lending judgment.
  • Function as a technical resource for Loan Officers and Assistants.
  • Ensures compliance with Credit Union underwriting guidelines and regulatory requirements including but not limited to: RESPA, Reg Z, Reg B, HMDA, Fact Act, and Safe Act.
  • Ensure loans meet investment quality standards and are eligible for resale
  • Respond timely to audits and quality contract reviews
  • Maintain productivity and service legal agreements for underwriting decision.

Additional Responsibilities may include:

  • Provide prompt, quality service to the originating branches and correspondents in a friendly and professional manner.
  • Keep informed of current industry standards, laws, regulations, and compliance.
  • Additional job-related projects and duties as assigned by management.

What we need from you:

Education Requirements

  • Bachelors degree or equivalent work-related experience

Experience Requirements

  • Minimum 5 years of mortgage underwriting experience.
  • Experience with both automated underwriting systems (FNMA Desktop Underwriter (DU) and FHLMC Loan Product Advisor (LPA)
  • Strong knowledge of manual underwriting
  • Minimum 2 years of FHA and VA experience required.
  • VA Lenders Appraisal Processing Program (LAPP) required.
  • Direct Endorsement (DE) CHUMS ID required for FHA loans
  • Proven ability to create rapport and build teams within a remote work environment.
  • In-depth knowledge of closing practices, mortgage documentation, recording practices and title/abstract legalities preferred.
  • Knowledge of applicable state and federal laws related to originating residential real estate loans along with FHA, VA, and Agency underwriting guidelines required.
  • Strong organizational skills and attention to detail with excellent communication skills, both oral and written.
  • Ability to prioritize tasks or projects to meet deadlines.
  • Forward-thinking approach and flexibility in a changing environment.

Physical Requirements

  • Must be able to remain in a stationary position, often standing or sitting for prolonged periods
  • Must be able to lift up to 25 pounds

Compensation Information: Offers will be commensurate with experience and education. The salary range for Grade H is $88,500 - $141,700, but we typically hire at or below mid-point, which is $115,100 for this role.

Other Compensation Includes:

  • Annual corporate-wide incentive

We provide comprehensive benefits, with a focus on total well-being:

  • Medical, vision, dental benefits
  • 401k plan with company matching
  • Generous sick, vacation and personal leave
  • And more...2025SECUBenefitsGuide.pdf

SECU is committed to fostering a diverse, equitable, and inclusive workforce where all individuals are valued and respected. We take pride in providing equal opportunities for all qualified applicants regardless of race, ethnicity, national origin, gender, sexual orientation, gender identity or expression, religion, military or veteran status, or any other characteristics protected by law.

#LI-ND1

Back to blog

Common Interview Questions And Answers

1. HOW DO YOU PLAN YOUR DAY?

This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

2. HOW DO YOU USE THE DIFFERENT COMMUNICATION TOOLS IN DIFFERENT SITUATIONS?

When you're working on a remote team, there's no way to chat in the hallway between meetings or catch up on the latest project during an office carpool. Therefore, virtual communication will be absolutely essential to get your work done...

3. WHAT IS "WORKING REMOTE" REALLY FOR YOU?

Many people want to work remotely because of the flexibility it allows. You can work anywhere and at any time of the day...

4. WHAT DO YOU NEED IN YOUR PHYSICAL WORKSPACE TO SUCCEED IN YOUR WORK?

With this question, companies are looking to see what equipment they may need to provide you with and to verify how aware you are of what remote working could mean for you physically and logistically...

5. HOW DO YOU PROCESS INFORMATION?

Several years ago, I was working in a team to plan a big event. My supervisor made us all work as a team before the big day. One of our activities has been to find out how each of us processes information...

6. HOW DO YOU MANAGE THE CALENDAR AND THE PROGRAM? WHICH APPLICATIONS / SYSTEM DO YOU USE?

Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

7. HOW DO YOU ORGANIZE FILES, LINKS, AND TABS ON YOUR COMPUTER?

Just like your schedule, how you track files and other information is very important. After all, everything is digital!...

8. HOW TO PRIORITIZE WORK?

The day I watched Marie Forleo's film separating the important from the urgent, my life changed. Not all remote jobs start fast, but most of them are...

9. HOW DO YOU PREPARE FOR A MEETING AND PREPARE A MEETING? WHAT DO YOU SEE HAPPENING DURING THE MEETING?

Just as communication is essential when working remotely, so is organization. Because you won't have those opportunities in the elevator or a casual conversation in the lunchroom, you should take advantage of the little time you have in a video or phone conference...

10. HOW DO YOU USE TECHNOLOGY ON A DAILY BASIS, IN YOUR WORK AND FOR YOUR PLEASURE?

This is a great question because it shows your comfort level with technology, which is very important for a remote worker because you will be working with technology over time...

Related Posts

Data Entry Question and Answer

$150 $49

Remote Question and Answer

$150 $49

Virtual Assistant Question and Answer

$150 $49

Content Moderator Question and Answer

$150 $49

Customer Service Question and Answer

$150 $49

Video Game Tester Question and Answer

$150 $49