Mortgage Loan Underwriter

Job Title: Mortgage Loan Underwriter

Position Location: Raleigh, NC. Hybrid, must live locally. Two days a week in office.

The Mortgage Loan Underwriter is responsible for fully evaluating the mortgage loan application and documentation to determine borrower eligibility based on creditworthiness, income, assets, and property. The Underwriter ensures all loans meet Coastal, investor, regulatory and agency guidelines.

• (40%) Loan Application Review and Risk Assessment – analyze borrower financials, income, credit history, assets, and property details to assess risk and determine loan eligibility.
• (25%) Decision Making and Conditions Management – issue loan approvals, suspensions, and denials based on thorough risk analysis.
• (15%) Compliance and Regulatory Adherence – ensure loans meet applicable federal, state, and agency regulations including TRID, ATR/QM, Reg B and fair lending. Maintain up-to-date knowledge of underwriting guidelines and changes in industry standards.
• (10%) Collaboration and Communication – work closely with operations and sales to facilitate a timely loan closing. Provide clear explanations for underwriting decisions and provide input on complex loans.
• (10%) Pipeline Management – maintain service level agreement and internal and regulatory requirements.

• Five years in mortgage underwriting experience with active VA and FHA underwriting credentials
• One year of prior Encompass experience

• High school diploma or equivalent
• Active VA and FHA underwriting credentials

Must be able to learn and retain information; remain in a stationary position; constantly operate a computer; and converse with others on a continual basis.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

Coastal Federal Credit Union is committed to providing reasonable accommodations to applicants who may have disabilities. If you need special assistance or an accommodation in applying for employment, please contact our HR department at  Request for reasonable accommodation will be considered on a case by case basis.

VEVRAA Federal Contractor

Equal Opportunity/Affirmative Action Employer

Minority/Female/Disability/Veterans