Jr. Underwriter

LoanPeople

17d•Remote

About The Position

The Junior Underwriter supports the underwriting team by reviewing residential mortgage loan files for accuracy, completeness, and compliance with investor, agency, and regulatory guidelines. This full-time, remote position is responsible for analyzing borrower documentation, identifying conditions, and assisting with risk assessment under the guidance of Senior Underwriters. The Junior Underwriter plays a key role in ensuring high-quality loan decisions and timely file movement through the underwriting process during standard business hours of 8:30 AM to 5:30 PM CST. About Us: Headquartered in Austin, TX, LoanPeople, LLC is founded by mortgage industry veterans with a track record of unparalleled success and offers award-winning in-house service from application to closing. Our keys to success include a proprietary marketing system developed by a top producer, heavy investment in the latest and best technology that is customized for best practices, and a flat organizational structure that keeps corporate costs down. People are at the heart of what we do, and we are growing fast and building our team quickly! We offer competitive salary, health insurance, 401(k), paid time off, and a casual work environment. Visit https://loanpeople.com [https://loanpeople.com] to learn more.

Requirements

Working knowledge of residential mortgage loan programs (Conventional, FHA, VA, USDA) required.
Basic understanding of credit reports, income calculation, and asset documentation
Strong attention to detail and organizational skills
Ability to analyze financial documentation and identify discrepancies
Effective written and verbal communication skills
Ability to manage multiple files in a fast-paced environment
Proficient with loan origination systems (e.g., Encompass, Byte) and Microsoft Office
High school diploma or equivalent required; associate or bachelor’s degree preferred
1–3 years of experience in mortgage lending (processing, underwriting assistant, or QC preferred)
Prior experience with automated underwriting systems (DU/LPA) is required. Prior experience with USDA GUS is a plus.
Must maintain a dedicated, secure home workspace suitable for confidential mortgage data
Required to work a consistent schedule of 8:30 AM – 5:30 PM CST, Monday through Friday

Nice To Haves

FHA Direct Endorsement (DE) or VA LAPP experience a plus
Relevant mortgage or underwriting certifications a plus

Responsibilities

Review residential mortgage loan files to ensure all required documentation is present, accurate, and complete
Analyze borrower income, assets, credit, liabilities, and property documentation in accordance with agency, investor, and company guidelines
Assist in identifying and clearing underwriting conditions
Review appraisals, title reports, insurance, and other third-party documentation for compliance and accuracy
Utilize automated underwriting systems (DU/LPA) and interpret findings
Ensure loans meet regulatory and compliance requirements (e.g., TRID, Fair Lending, ATR/QM)
Update and/or clear funding conditions (PITIA, expiration dates, cash to close, loan amount changes, etc.)
Communicate clearly and professionally with Loan Officers, Processors, and internal teams regarding file requirements and conditions
Escalate complex or high-risk scenarios to Senior Underwriters or Management as appropriate
Assist post-closing department review and/or rebut investor conditions, working closely with underwriting, closing and secondary department to resolve discrepancies.
Assist post-closing department with preparing, reviewing, and submitting loan files for mortgage insurance endorsement to ensure compliance with FHA, VA and USDA requirements.
Maintain productivity and quality standards while meeting established turn times
Stay current on underwriting guidelines, investor updates, and policy changes