Mortgage Underwriter; Nationwide

Overview

To evaluate and underwrite all Equity loans offered by the Credit Union according to specific state and federal requirements to limit the risk exposure to the Credit Union mortgage portfolio. The role involves analyzing required loan documentation, making appropriate loan decisions based on credit risk guidelines, and working on assignments requiring judgment to resolve issues or make recommendations. The candidate must work under minimal supervision while identifying key issues and patterns and taking a broad perspective to solve problems.

Monday - Friday, 8:00 AM - 4:30 PM local time

Contract position based out of Vienna, VA. The position is hybrid, allowing for remote or on‑site work depending on location.

Pay range: $22.02 - $39.93 per hour. Eligible benefits may include:

• Medical, dental & vision
• Critical Illness, Accident, and Hospital
• 401(k) Retirement Plan – Pre‑tax and Roth post‑tax contributions available
• Life Insurance (Voluntary Life & AD&D for the employee and dependents)
• Short and long‑term disability
• Health Spending Account (HSA)
• Transportation benefits
• Employee Assistance Program
• Time Off/Leave (PTO, Vacation or Sick Leave)

• Analyze mortgage loan information on loan documents such as income, assets, and credit criteria to confirm loan eligibility based on company, local, and federal guidelines as well as adherence to investor requirements with or without independent scoring systems.
• Analyze exceptions and rejections; recommend alternative mortgage products that could bring the loan within guidelines.
• Analyze self‑employed borrower income documentation.
• Approve equity loans and authorize loan disbursements based on a complete analysis of submitted documentation and applicable rules and regulations.
• Determine the acceptability and marketability of the real estate property to ensure there is sufficient collateral to secure the loan.
• Prepare and present counter‑offers on marginal loans; prepare adverse action (loan disapproval) notifications while being aware of compliance provisions of regulatory agencies.
• Work closely and collaboratively with loan originator and processor to ensure all appropriate data and required documentation is obtained.
• Review and understand effects of contracts related to real estate, such as age restrictions, HOAs, etc.
• Maintain current knowledge of all equity products and any changes to guidelines by the credit union, investor, or government agencies that impact mortgage loan processing.
• Assist in the ongoing maintenance of online underwriting manuals.
• Exercise judgment and discretion to analyze and solve more complex or unusual problems; assess issues; modify processes and procedures and develop alternate courses of action to complete work.

• Moderate (minimum 3 years) mortgage underwriting experience.
• Demonstrated in‑depth knowledge of underwriting principles, secondary market (FNMA and FHLMC) and/or government (FHA/VA) guidelines, and relevant regulatory requirements.
• Strong organization skills and ability to handle multiple tasks simultaneously with a high degree of accuracy in a high‑volume, fast‑paced environment.
• Strong verbal, written, and interpersonal communication skills, including experience counseling, negotiating, or explaining decisions to members and vendors.

The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information, or any characteristic protected by law.

This position is anticipated to close on Jun 16, 2026.