Mortgage Underwriter-Louisiana

Red River Bank•Alexandria, LA

About The Position

We are seeking a Secondary Market Mortgage Underwriter to support the review and underwriting of residential mortgage loans intended for sale on the secondary market. This role is responsible for ensuring loans meet investor, agency, and regulatory guidelines, including Fannie, Freddie, FHA, USDA and VA requirements. The ideal candidate has strong analytical skills, deep guideline knowledge, and a commitment to quality and compliance.

Requirements

Bachelor’s degree required OR a minimum of five (5) years of mortgage underwriting experience in lieu of a degree
Minimum 3 years of recent underwriting experience preferred, with a focus on secondary market loans
Strong working knowledge of:
FHA, VA, and Conventional underwriting guidelines
Secondary market investor requirements
Proficiency with LOS systems (Encompass or similar preferred)
Excellent attention to detail and analytical skills
Strong written and verbal communication skills
Ability to manage multiple files and deadlines in a fast-paced environment
Sound judgment and decision-making abilities

Nice To Haves

FHA Direct Endorsement (DE) Underwriter certification
VA Loan Underwriter (SAR/LAPP) certification

Responsibilities

Underwrite conventional, FHA, USDA, and VA mortgage loans in accordance with:
Investor guidelines
Agency requirements
Federal, state, and local regulations
Review loan files for accuracy, completeness, and compliance prior to secondary market delivery
Analyze borrower creditworthiness, income, assets, liabilities, collateral, and risk layering
Ensure adherence to investor overlays and internal credit policies
Collaborate with loan officers, processors, closers, and post-closing teams to resolve underwriting conditions
Identify and mitigate risk factors that could impact salability or loan quality
Maintain strong knowledge of changing investor, Fannie/Freddie, USDA, FHA, VA, and regulatory guidelines