[Hiring] Mortgage Underwriter @Rapid Mortgage

Role Description

As a Mortgage Underwriter, you will be responsible for thoroughly evaluating residential mortgage loan applications to ensure compliance with company, investor, and regulatory standards. This includes assessing:

• Creditworthiness
• Income stability
• Asset sufficiency
• Collateral value

You'll work closely with processors and leadership to deliver timely and accurate underwriting decisions across FHA, VA, USDA, and Conventional programs. This is a vital, deadline-driven role that demands strong attention to detail, excellent communication skills, and deep underwriting expertise.

Key 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.

Qualifications

• Minimum 3+ years of current mortgage underwriting experience.
• Active DE (FHA) or SAR (VA) designation - having both is strongly preferred.
• 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) and 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.

Requirements

• 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 (not a trainee or shadowing role).
• Encompass and AUS experience is required.

Benefits

• Competitive Salary (please include requirements with your application)
• Medical, Dental, and Vision Insurance available day 1
• Company-Paid Life and Long-Term Disability Insurance
• 401(k) Retirement Plan with Company Match
• Paid Time Off (PTO) + Paid Holidays
• Career growth opportunities and continuing education support
• Supportive, collaborative remote team culture

Ready to Apply?

If you're a detail-oriented, deadline-driven DE or SAR Underwriter looking to join a dynamic and respected mortgage company—apply now! Submit your resume with salary requirements included.