Real Estate Originations - Senior Real Estate Underwriter

Mission Fed • San Diego, CA

2d

About The Position

At Mission Fed, we’re not just underwriting loans—we’re helping our members build their futures. As a Senior Real Estate Underwriter, you’ll be a trusted expert making high-impact lending decisions, navigating complex scenarios, and bringing deals to life—while ensuring full alignment with regulatory excellence.
In this role, you’ll evaluate complex mortgage transactions, ensure compliance with lending and investor guidelines, and assess risk to support sound decision-making. You’ll partner closely with originations, processing, and branch teams to clear conditions, provide guidance, and keep loans moving efficiently through the pipeline—all while delivering an exceptional member experience.
If this sounds like the right opportunity for you, we’d love to connect.
Want to know more? Here are a few more details.

Requirements

• Bachelor’s degree (or equivalent experience)
• 6+ years of mortgage underwriting experience
• Strong knowledge of: FNMA (DU) & FHLMC (LPA) Conforming, nonconforming & jumbo loans ATR/QM, TRID, CFPB, and regulatory compliance
• Experience analyzing complex income structures and financial documents
• Strong decision-making, analytical, and problem-solving skills
• Ability to communicate clearly and collaborate cross-functionally

Responsibilities

• Underwrite conforming, nonconforming, and jumbo loans including first mortgages, HELOCs, and equity loans
• Analyze complex financials, including personal/business tax returns (1040, 1120, 1120S, 1065) to determine income and risk
• Review and clear advanced underwriting conditions; recommend alternative solutions when needed
• Evaluate appraisals, collateral, and purchase contracts for compliance and accuracy
• Conduct default risk assessments and ensure compliance with ATR/QM, TRID, CFPB, and secondary market guidelines
• Present exception loans and counteroffers to Loan Committee when applicable
• Partner cross-functionally with processors, originators, and branch teams to ensure smooth loan progression
• Provide guidance, second-level reviews, and mentorship to underwriters and team members
• Maintain working knowledge of PMI guidelines and ensure proper coverage
• Support continuous improvement by identifying process enhancements and efficiencies

Benefits

• The opportunity to work with a great team!
• You can’t beat a role in sunny San Diego!
• 18 days of annual PTO, plus 12 holidays
• 6% 401(k) match
• Full benefits package including medical, dental, vision, life insurance, and so much more
• On-site gym

What This Job Offers

• Job Type: Full-time
• Career Level: Senior