Mortgage Underwriter

Redwood Credit Union is looking for a Mortgage Underwriter who will be responsible for making a decision after reviewing and analyzing residential mortgage loan applications in compliance with secondary market investors, including FNMA and portfolio guidelines and/or lending guidelines and policies. This role ensures sound credit decisions while balancing risk management with excellent customer service. Responsibilities Complete a thorough review and analysis of mortgage loan files, including credit, income, asset, appraisal and title reports. Determine borrower creditworthiness and ability to repay in accordance with agency, regulatory and underwriting guidelines such as FNMA. Issue underwriting decisions—including approvals, conditional approvals, suspensions and denials—with clear, well‑written conditions. Ensure compliance with federal, state and investor regulations (TRID, ECOA, Fair Lending, ATR/QM, etc.). Communicate underwriting decisions and conditions effectively to loan officers, processors and management. Review and clear underwriting conditions prior to final approval and funding. Identify potential fraud, red flags and layered risk factors and elevate as appropriate. Maintain quality, accuracy and thorough documentation in the loan file. Meet production, quality and turnaround time standards. Participate in quality control, audits and workflow improvement initiatives as needed. Recognize and evaluate the loan process and recommend changes that will help maintain maximum efficiency. Review all denied loans and recommend alternative solutions when appropriate. Identify ways to increase borrower engagement and make recommendations for cross‑sell opportunities. Ensure confidentiality and safeguard sensitive member financial information. Perform special projects and duties as assigned. Qualifications Possess math and critical‑thinking skills. Ability to build knowledge and understanding of all mortgage loan products offered by RCU. Strong working knowledge of real‑estate principles, practices, rules, regulations and sale practices. Strong working knowledge of mortgage‑lending guidelines and credit analysis. Experience underwriting conventional and portfolio loans. Proficiency with LOS systems such as Empower and underwriting tools such as Duke. Solid understanding of income calculations (W‑2, self‑employed, rental, restricted stocks, asset depletion, retirement, etc.). Strong analytical and risk‑assessment skills. Excellent attention to detail and accuracy. Ability to interpret complex financial documents. Strong written and verbal communication skills. Time‑management ability to meet deadlines in a fast‑paced environment. Possess sound judgment and decision‑making capabilities. Must have a collaborative mindset with loan‑operations teams. The ideal candidate has a combination of education and experience equivalent to a high‑school diploma and four years of experience in mortgage loan origination or two years as a designated underwriter. Compensation Base starting range: $39.00 to $52.00 per hour commensurate with experience. We offer a competitive total rewards package including medical, dental, vision, financial and other benefits. Benefits Competitive medical, dental and vision insurance. Employee performance incentive plan. Salary advancement merit increase based on performance. 401(k) program with employer match. Time off: Competitive PTO accrual plus 11 paid company holidays and a birthday day off. RCU discounts and perks: 0.75 % discount on standard collateral auto loans. 1 % discount on recreational or boat loan products. 2 % discount on Visa and line‑of‑credit loans through RCU. 0 % interest loan to support visa application fees up to $1,000. 0 % interest loan for naturalization expenses up to $15,000. 0 % interest loan for garment, fitness or home‑office equipment up to $500. 100 % financing for employee‑purchased homes. Physical Requirements May require extended periods of concentration and document review. Ability to stand, bend, stoop, sit, walk, twist and turn. Ability to lift up to 15 pounds. Ability to use a computer keyboard and calculator. Work environment is indoors; majority of the time spent sitting at a desk. *Redwood Credit Union is not offering Visa transfers and/or sponsorships for this position. Internal Team Members: If you are a current Team Member, please apply through the internal careers page located in RCUNET. We are an Equal Opportunity Employer. #J-18808-Ljbffr