Residential Mortgage Underwriter II
BayCoast Mortgage Company
Ready to Take Your Mortgage Underwriting Career to the Next Level?
BayCoast Mortgage Company is seeking an experienced, detail-oriented mortgage professional who thrives in a fast-paced lending environment and is passionate about making sound credit decisions while delivering exceptional service. This is more than a traditional underwriting role. We are looking for a knowledgeable underwriter with strong analytical skills, a customer-focused mindset, and the ability to manage a diverse pipeline of residential mortgage products while balancing risk management and service excellence
Make Sound Lending Decisions
- Underwrite and approve residential mortgage loans within delegated authority while maintaining an active pipeline.
- Evaluate borrower income, assets, credit, collateral, and overall eligibility to render prudent credit decisions.
- Handle a variety of loan products including conventional, FHA, VA, jumbo, portfolio, self-employed borrower, construction, and renovation loans.
- Review and clear underwriting conditions to support established service level commitments.
- Apply Your Expertise
- Utilize DU, LPA, FHA TOTAL Scorecard, and other investor underwriting systems.
- Provide guidance to loan originators and operations staff on loan structure and investor eligibility requirements.
- Communicate underwriting decisions, conditions, and documentation requirements clearly and professionally.
- Maintain current knowledge of FNMA, FHLMC, FHA, VA, jumbo, and state housing guidelines.
Support Compliance & Quality
- Ensure all underwriting decisions meet investor, agency, regulatory, and company requirements.
- Identify and escalate potential credit, compliance, operational, and fraud risks.
- Assist with audits, regulatory examinations, and quality control initiatives.
- Maintain a high level of loan quality while meeting production expectations.
Collaborate & Drive Results
- Partner with loan originators, processors, closers, investors, and business partners to facilitate efficient loan delivery.
- Contribute to process improvements, technology enhancements, and departmental best practices.
- Support operational goals through teamwork, accountability, and continuous improvement.
What We're Looking For
- 5-7 years of progressive residential mortgage underwriting experience.
- Strong experience underwriting conventional, FHA, VA, jumbo, portfolio, construction, and renovation loans.
- Advanced knowledge of income analysis, tax returns, asset review, credit evaluation, and mortgage compliance.
- Experience with delegated underwriting authority and mortgage loan origination systems.
- Exceptional analytical, organizational, and communication skills.
- Ability to manage multiple priorities in a fast-paced production environment.
Preferred Qualifications
- FHA Direct Endorsement (DE) Certification.
- Bachelor's degree in Business, Finance, Accounting, Economics, or a related field.
- MA Housing and/or RI Housing underwriting experience.
Why Join BayCoast Mortgage Company?
- Opportunity to work with a respected and growing mortgage lender.
- Collaborative culture focused on service, quality, and professional growth.
- Competitive benefits, career development opportunities, and the strength and stability of BayCoast Bank.
|
BayCoast Bank
69891.00 To 91000.00 (USD) Annually
Sep 25, 2026