Underwriter Position Full Time Insurance

RIHousing - Underwriter
This pay range represents the base annual full-time salary for all positions within this job grade. We are seeking a dynamic professional to serve as anUnderwriter in ourHomeownership DepartmentThis position is responsible for ensuring that all loans originated through the Homeownership Division comply with federal and state regulations, IRS requirements, RIHousing program standards, and investor guidelines by conducting thorough reviews of qualifying income, appraisals, credit reports, and loan application documentation.
The role is designed for face-to-face collaboration and direct involvement in our office environment.

Conducts detailed analysis to determine borrower creditworthiness, employment and income stability, and ability to repay.
Reviews verified financial information to assess income, assets, liabilities, and net worth relative to proposed mortgage payments.
Makes final decisions to approve, deny, or suspendloan applications.
Reviews community lending loans to ensure compliance with program requirements prior to closing.
Verifies accuracy of loan data entered into the loan origination system and generates required documentation based on application status.
Maintains and reviews the loan pipeline report to ensure targeted timeframes and service standards are met.
Strengthen loan quality by applying sound judgment in evaluating collateral, credit, income, and employment to ensure loan decisions meet IRS rules, federal/state regulations, program requirements, and FHA, VA, RD, FHLMC, and FNMA guidelines.
Ensure responsible lending by making well-supported decisions to approve, reject, or suspend loan applications.
Expand access to specialized programs by underwriting ancillary loan products such as Clean Water and other mission-driven initiatives.
Educate homebuyers by serving as a facilitator for RIHousing's homebuyer education classes, helping borrowers prepare for sustainable homeownership.
Build internal expertise by providing periodic training to sales staff, loan processors, and lenders on underwriting standards and program requirements.
Advance organizational initiatives by contributing to special projects and research efforts as assigned.
Minimum five years of experience in underwriting residential mortgage loans
Strong analytical, computer, problem-solving, and organizational skills
Bachelor's degree in business administration, real estate, or related field
Medical/Dental/Vision/Life Insurance
Retirement Options
Flexible Work Hours
If Position Eligible, Future Hybrid Work May Be Available
Education Reimbursement
RIHousing works to ensure that all people who live in Rhode Island can afford a healthy, attractive home that meets their needs. RIHousing provides loans, grants, education, and assistance to help Rhode Islanders find, rent, buy, build, and keep a good home. Created by the General Assembly in 1973, RIHousing is a self-sustaining corporation and receives no state funding for operations.