Job Description
Note: The job is a remote job and is open to candidates in USA. Rapid Mortgage Company is a nationally recognized lender known for speed, service, and integrity. They are seeking an experienced DE/SAR Mortgage Underwriter to evaluate residential mortgage loan applications for compliance with company, investor, and regulatory standards.
- Responsibilities
- Analyze and underwrite loan files including credit, income, assets, appraisals, title, and supporting documentation
- Issue clear, concise approval, suspension, or denial decisions within delegated authority
- Underwrite loans to current FHA, VA, USDA, and Conventional guidelines
- Perform manual underwrites for loans that do not receive AUS Approve/Eligible findings
- Interpret and evaluate complex self-employed income documentation (K-1s, Schedule C, 1120s, 1065s)
- Review large deposits, verify funds for closing, and ensure adequate reserves
- Communicate conditions and rationale for decisions to internal stakeholders clearly and professionally
- Ensure all underwritten files meet agency, investor, and federal compliance requirements
- Stay informed on changes to underwriting policies, loan products, and regulatory updates
- Partner with processing and sales teams to promote a collaborative and efficient pipeline
- Skills
- Minimum 3+ years of current mortgage underwriting experience
- Active DE (FHA) or SAR (VA) designation- Having both is strongly preferred
- Experience underwriting DPA (Down Payment Assistance) programs
- Proficiency with Encompass Loan Origination System
- Experience analyzing complex borrower profiles, including self-employed borrowers and layered risk
- Strong working knowledge of AUS platforms (DU and LP) and ability to assess manual files when necessary
- Deep understanding of current investor, agency, and compliance guidelines
- Exceptional analytical skills, attention to detail, and time management
- Ability to work independently in a fast-paced remote environment
- Excellent written and verbal communication skills
- No more than a 16-month gap in mortgage underwriting experience- if gap applies must have stayed up to date on market trends and newest guidelines
- Must have current or recent loan-level underwriting authority (not a trainee or shadowing role)
- Encompass and AUS experience is required
- Benefits
- Medical, Dental, and Vision Insurance available day 1
- Company-Paid Life and Long-Term Disability Insurance
- 401(k) Retirement Plan with Company Match
- Paid Time Off (PTO) + Paid Holidays
- Career growth opportunities and continuing education support
- Supportive, collaborative remote team culture
- Company Overview
- Rapid Mortgage Company is a locally based mortgage lender, even our owner is a local resident. It was founded in 2002, and is headquartered in Cincinnati, Ohio, USA, with a workforce of 201-500 employees. Its website is http://rapidmortgagecompany.com/.
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