Underwriter
A busy company in the East Hanover area is seeking an Underwriter to join their growing team. This Underwriter will get to join a thriving team that works well with each other, offers work schedule flexibility, and career advancement. The ideal Underwriter will be analytical and risk-conscious to help evaluate and approve residential loan applications. This Underwriter will analyze borrower creditworthiness, financial data, and property appraisals to determine compliance with company, investor, and agency guidelines while mitigating credit risk. Other responsibilities of this Underwriter will include but not be limited to:
Underwriter Key Responsibilities
- Evaluate risk by reviewing credit histories, income stability, and debt-to-income ratios.
- Analyze assets and financial statements to verify self-employed and complex income sources.
- Review appraisals to ensure property values and types meet investor and agency requirements.
- Issue decisions for loan approvals, suspensions, or denials with clear, documented rationale.
- Set conditions for loan processors to clear before final loan documents can be drawn.
- Maintain quality standards by adhering strictly to compliance, fraud detection, and regulatory rules.
- Provide guidance to loan officers and processors regarding product guidelines and scenarios.
This Underwriter position is paying between $85,000 and $100,000 annually depending on experience. If interested in this Underwriter role, apply today!
Qualifications:
- Experience: 4+ years of residential mortgage underwriting experience.
- Authority: Active DE (Direct Endorsement) or SAR/LAPP designations are highly preferred.
- Knowledge: Expert understanding of Fannie Mae, Freddie Mac, FHA, VA, and USDA guidelines.
- Software: Proficiency with automated underwriting systems (DU/LP) and Encompass or similar LOS.
- Skills: Strong critical thinking, decisive judgment, and high-level financial analysis.
Compensation
$85,000.00-$100,000.00 YearlyAbout Us
Robert Half is the world’s first and largest specialized talent solutions firm that connects highly qualified job seekers to opportunities at great companies. We offer contract, temporary and permanent placement solutions for finance and accounting, technology, marketing and creative, legal, and administrative and customer support roles.
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