[Remote] Mortgage Underwrite (DE/SAR)
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
ā¢ Analyze and underwrite loan files including credit, income, assets, appraisals, title, and supporting documentation
ā¢ Issue clear, concise approval, suspension, or denial decisions within delegated authority
ā¢ Underwrite loans to current FHA, VA, USDA, and Conventional guidelines
ā¢ Perform manual underwrites for loans that do not receive AUS Approve/Eligible findings
ā¢ Interpret and evaluate complex self-employed income documentation (K-1s, Schedule C, 1120s, 1065s)
ā¢ Review large deposits, verify funds for closing, and ensure adequate reserves
ā¢ Communicate conditions and rationale for decisions to internal stakeholders clearly and professionally
ā¢ Ensure all underwritten files meet agency, investor, and federal compliance requirements
ā¢ Stay informed on changes to underwriting policies, loan products, and regulatory updates
ā¢ Partner with processing and sales teams to promote a collaborative and efficient pipeline
Skills
ā¢ Minimum 3+ years of current mortgage underwriting experience
ā¢ Active DE (FHA) or SAR (VA) designation- Having both is strongly preferred
ā¢ Experience underwriting DPA (Down Payment Assistance) programs
ā¢ Proficiency with Encompass Loan Origination System
ā¢ Experience analyzing complex borrower profiles, including self-employed borrowers and layered risk
ā¢ Strong working knowledge of AUS platforms (DU and LP) and ability to assess manual files when necessary
ā¢ Deep understanding of current investor, agency, and compliance guidelines
ā¢ Exceptional analytical skills, attention to detail, and time management
ā¢ Ability to work independently in a fast-paced remote environment
ā¢ Excellent written and verbal communication skills
ā¢ 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
ā¢ Must have current or recent loan-level underwriting authority (not a trainee or shadowing role)
ā¢ Encompass and AUS experience is required
Benefits
ā¢ Medical, Dental, and Vision Insurance available day 1
ā¢ Company-Paid Life and Long-Term Disability Insurance
ā¢ 401(k) Retirement Plan with Company Match
ā¢ Paid Time Off (PTO) + Paid Holidays
ā¢ Career growth opportunities and continuing education support
ā¢ Supportive, collaborative remote team culture
Company Overview
ā¢ 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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Responsibilities
ā¢ Analyze and underwrite loan files including credit, income, assets, appraisals, title, and supporting documentation
ā¢ Issue clear, concise approval, suspension, or denial decisions within delegated authority
ā¢ Underwrite loans to current FHA, VA, USDA, and Conventional guidelines
ā¢ Perform manual underwrites for loans that do not receive AUS Approve/Eligible findings
ā¢ Interpret and evaluate complex self-employed income documentation (K-1s, Schedule C, 1120s, 1065s)
ā¢ Review large deposits, verify funds for closing, and ensure adequate reserves
ā¢ Communicate conditions and rationale for decisions to internal stakeholders clearly and professionally
ā¢ Ensure all underwritten files meet agency, investor, and federal compliance requirements
ā¢ Stay informed on changes to underwriting policies, loan products, and regulatory updates
ā¢ Partner with processing and sales teams to promote a collaborative and efficient pipeline
Skills
ā¢ Minimum 3+ years of current mortgage underwriting experience
ā¢ Active DE (FHA) or SAR (VA) designation- Having both is strongly preferred
ā¢ Experience underwriting DPA (Down Payment Assistance) programs
ā¢ Proficiency with Encompass Loan Origination System
ā¢ Experience analyzing complex borrower profiles, including self-employed borrowers and layered risk
ā¢ Strong working knowledge of AUS platforms (DU and LP) and ability to assess manual files when necessary
ā¢ Deep understanding of current investor, agency, and compliance guidelines
ā¢ Exceptional analytical skills, attention to detail, and time management
ā¢ Ability to work independently in a fast-paced remote environment
ā¢ Excellent written and verbal communication skills
ā¢ 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
ā¢ Must have current or recent loan-level underwriting authority (not a trainee or shadowing role)
ā¢ Encompass and AUS experience is required
Benefits
ā¢ Medical, Dental, and Vision Insurance available day 1
ā¢ Company-Paid Life and Long-Term Disability Insurance
ā¢ 401(k) Retirement Plan with Company Match
ā¢ Paid Time Off (PTO) + Paid Holidays
ā¢ Career growth opportunities and continuing education support
ā¢ Supportive, collaborative remote team culture
Company Overview
ā¢ 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/.
Apply tot his job
Apply To this Job