Mortgage Lending Underwriter - Residential Loans (Non-QM & Jumbo) Job at NW Recruiting Partners, Kirkland, WA

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  • NW Recruiting Partners
  • Kirkland, WA

Job Description

Mortgage Lending Underwriter – Residential Loans (Non-QM & Jumbo)

Kirkland, WA

Bring your residential underwriting experience to a lender focused on residential and construction mortgages.

As a Mortgage Lending Underwriter, you will review complex mortgage applications submitted through internal and external channels. This role requires strong analytical expertise, attention to detail, and a solid understanding of credit risk and lending guidelines to make sound underwriting decisions.

Mortgage Lending Underwriter Responsibilities:

  • File Triage: Scrub mortgage packages for completeness and quality, pulling insights from income docs, statements, and credit data.
  • Credit Judgment: Weigh borrower strength, deal context, and capacity to repay to form a clear go/no-go view.
  • Policy Alignment: Keep decisions inside house credit guardrails, investor expectations, and applicable regs.
  • Decision Messaging: Deliver outcomes and rationale to origination and ops so everyone knows the “why” and next steps.
  • Valuation & Collateral Check: Validate property reports and supporting materials against program criteria and valuation logic.
  • Disposition Calls: Greenlight, rework, or decline based on quantified risk and compensating factors.
  • Market & Rule Tracking: Monitor shifts in underwriting norms, product overlays, and regulatory updates; adjust practices accordingly.
  • Exit Financing Matchmaking: Pair eligible files with the right permanent/agency programs to ensure a viable take-out.
  • Workflow Partnering: Coordinate with internal counterparts to keep files moving and cut cycle time.

Mortgage Lending Underwriter Qualifications:

  • At least 8 years of experience in mortgage underwriting (including conventional, non-QM, and construction loans)
  • Bachelor’s degree or equivalent experience in finance or related field
  • Strong knowledge of underwriting principles, risk assessment, and industry regulations
  • Experience with Encompass and must have manual underwriting experience
  • Excellent analytical, communication, and problem-solving skills
  • Detail-oriented with the ability to meet deadlines under pressure

Company Benefits:

  • Medical, Dental, and Vision Insurance
  • Annual bonus
  • 401k with a 3% match

Compensation : $85-$100k

Job Tags

Permanent employment, Shift work,

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