Underwriter East Hanover, NJ

Underwriter Position

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:

• 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!