Mortgage Lending Underwriter Job at NW Recruiting Partners, Bellevue, WA

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  • NW Recruiting Partners
  • Bellevue, WA

Job Description

Job Description

Job Description

Mortgage Lending Underwriter
Bellevue, WA

(Remote, must reside in Washington State or Colorado State only)

Our client, a leading private real estate lender with a strong team and over $350 million in capital, is seeking a Mortgage Lending Underwriter to join their growing organization. The company specializes in financing for builders and developers, with additional divisions focused on mortgage brokerage and real estate development.

As a Mortgage Lending Underwriter, you will be responsible for reviewing complex mortgage applications submitted by both internal and external channels. This role requires a high level of analytical expertise, attention to detail, and a solid understanding of credit risk and lending guidelines to make sound underwriting decisions.

Mortgage Lending Underwriter Responsibilities:

  • Review and analyze mortgage applications, financial documents, and credit reports.
  • Assess borrower risk and make informed underwriting decisions.
  • Ensure compliance with internal policies, investor guidelines, and federal regulations.
  • Communicate decisions clearly to loan officers, processors, and other stakeholders.
  • Review appraisals and property documentation for accuracy and adherence to lending standards.
  • Recommend approval, denial, or restructuring based on risk analysis.
  • Stay informed on industry updates, underwriting trends, and regulatory changes.
  • Identify appropriate “take out” loan programs for applicable files.
  • Collaborate with internal teams to support efficient loan processing.

Mortgage Lending Underwriter Qualifications:

  • At least 8 years of experience in mortgage underwriting (including conventional, non-QM, and construction loans)
  • Bachelor's degree or equivalent experience in finance or related field
  • Strong knowledge of underwriting principles, risk assessment, and industry regulations
  • Proficient in Encompass, DU, and LP systems
  • Excellent analytical, communication, and problem-solving skills
  • Detail-oriented with the ability to meet deadlines under pressure

Company Benefits:

  • Medical, Dental, and Vision Insurance
  • Annual bonus
  • Employee stock options
  • 401k with a 3% match

Compensation : $85-90K + 5% bonus

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