Construction Lending Underwriter

Role Description

Atlantic Coast Mortgage is seeking a Construction Lending Underwriter to join our growing construction lending team. This role plays a key part in supporting the review, analysis, and processing of bridge and construction loan transactions. The ideal candidate will have a solid foundation in residential mortgage underwriting, strong communication skills, exceptional attention to detail, and prior firsthand experience with construction lending products. This is an excellent opportunity for an underwriting professional looking to expand their expertise while working closely with loan officers, builders, and internal teams.

• Function as the subject matter expert for ACM’s bridge and construction loan products, including answering scenario questions and providing guidance on loan structure and guideline requirements.
• Review loan applications to ensure they are structured to meet applicable guidelines and submit exception requests to Executive Management for loans that fall outside of established requirements.
• Research and respond to guideline inquiries, providing accurate and timely underwriting support.
• Review and analyze complex income documentation, including personal and business tax returns, and perform calculations for qualifying income.
• Communicate with loan officers throughout the review process regarding outstanding needs, loan eligibility, structuring, and guideline interpretation.
• Perform due diligence reviews on builders; review and clear construction-related underwriting conditions prior to closing and contact builders directly to obtain required conditions as needed.
• Review figures on construction loans prior to disclosure and prior to closing.
• Prepare construction files for loan modification to perm once construction is complete.

Qualifications

• Minimum of 2 years of mortgage underwriting or junior underwriting experience.
• Working knowledge of residential mortgage underwriting guidelines, documentation standards, and risk principles.
• Experience working with Encompass, Fannie Mae Desktop Underwriter, and Freddie Mac Loan Product Advisor.
• Strong verbal and written communication skills with the ability to interact professionally with loan officers, borrowers, builders, and internal teams.
• Exceptional attention to detail and strong organizational skills.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Construction and bridge lending product experience is preferred.
• Knowledge of applicable federal and state mortgage lending regulations.
• Experience reviewing income, assets, credit, and collateral documentation.
• Demonstrated ability to quickly learn new products, systems, and guidelines.

Company Description

ACM promotes an Equal Employment Opportunity (EEO) workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, protected veteran status, or any other status protected by law. If you are disabled and need assistance in the application process, please contact the ACM Human Resources department.