Mortgage Underwriter II

Lake Area Mortgage, 1200 County Road E, Arden Hills, Minnesota, United States of America

Mortgage Operations Center, 419 N Hastings Place, Eau Claire, Wisconsin, United States of America

Posted Thursday, August 6, 2026 at 6:00 AM

Team Members are at the core of who we are; living our core values of making a difference, doing the right thing, making it easy, being caring, being friendly, nice, and respectful, and taking ownership. Perhaps Royal is the change you’re looking for. Royal Credit Union is looking for caring, energetic team members who want to create a positive impact in the lives of our Members.

Do you thrive on analyzing complex financial information, making sound lending decisions, and helping Members achieve their home ownership goals? Become a Mortgage Underwriter II at Royal Credit Union! In this role, you'll evaluate a wide variety of mortgage loan applications, balance risk with exceptional member service, and mentor fellow underwriting professionals while ensuring compliance with industry and regulatory standards.

Why Royal?

• Member and Community Focused:
  We are dedicated to making a positive impact on our Members and the communities we serve, going beyond financial services to enrich lives and foster growth.
• Supportive Environment:
  Join a collaborative, values-driven workplace that is always evolving. We support each other and work together to achieve our goals.
• Professional Growth:
  We offer numerous opportunities for training and advancement, helping you continuously develop and advance your skills.
• Empowerment:
  We empower our team members to make decisions and drive initiatives that help our Members achieve their financial goals. Your ideas and contributions are valued and encouraged.
• Community Involvement:
  Engage with your local community through various initiatives and events, making a tangible difference where you live and work. Be part of something bigger.

What You’ll Do:

The Mortgage Underwriter II is responsible for evaluating and analyzing mortgage loan requests for all types of Mortgage lending, including conventional, Portfolio, Jumbo, Bond and Government backed loans (FHA, VA, USDA etc.) to ensure they meet all investor guidelines, regulatory requirements, and company policies. Will approve or deny applications according to the terms of Royal Credit Union's standards, procedures, regulatory underwriting guidelines, and secondary market requirements while meeting the commitment of delivering high-quality loans that satisfy our member's financial needs while mitigating risk.

Our Commitment To You:

• Compensation: (candidates with significant related experience may be higher. Pay also depends on candidates location)
• WI range
  : $36.20-$41.65 per hour
• MN range
  : $41.70-$47.90 per hour
• Benefits:
  Royal is proud to take care of our team members and their families! In addition to our comprehensive medical, dental, and vision insurance plans, Royal offers a 5% 401k employer match, paid family and sick leave, vacation and sick time accruals, childcare reimbursement, tuition and student loan debt assistance, pet insurance, and much more!

What’s Needed For This Position:

• High School Diploma or equivalent along with a minimum of five years of mortgage lending experience, including extensive mortgage underwriting expertise and the ability to independently evaluate a broad range of loan products while making sound risk-based lending decisions.
• Advanced knowledge of conventional, portfolio, jumbo, bond, government, and secondary market underwriting guidelines, with a strong understanding of state and federal mortgage lending regulations and regulatory compliance requirements.
• Demonstrated analytical expertise with the ability to thoroughly review and interpret financial statements, credit reports, tax returns, appraisals, income documentation, and asset information to determine loan eligibility and identify risk factors.
• Strong communication, documentation, and relationship management skills, including the ability to clearly explain lending decisions, prepare reports and business correspondence, collaborate with stakeholders, and mentor less experienced underwriters.
• Exceptional…