OnPoint Community Credit Union ยท 6 hours ago
Mortgage Underwriting - Mortgage Underwriter III
Portland, OR
Full-time
Hybrid
Senior Level
5+ years expOnPoint Community Credit Union is the largest community-owned credit union in Oregon, dedicated to investing in employees and the community. The Mortgage Underwriter III will ensure the quality and integrity of the loan portfolio through thorough analysis and underwriting of residential mortgage loans, while also mentoring less experienced underwriters.
BankingConsultingFinancial ServicesInsurance
Responsibilities
Analyze and underwrite a broad range of loan applications including Conforming, Jumbo, FHA, and VA products in compliance with investor and agency guidelines
Conduct detailed reviews of complex income scenarios, including Business tax returns and cash flow analysis for self-employed borrowers
Ensure loan files meet all regulatory and company requirements for credit, income, assets, and collateral
Serve as a technical expert and resource for fellow OnPoint staff requiring senior-level judgment
Collaborate closely with Loan Officers, Processors, and other internal departments to facilitate timely and accurate loan decisions
Serve as a mentor to Junior and Mid-Level Underwriters, providing guidance, training, and performance feedback to enhance team knowledge and consistency
Stay up-to-date with industry changes, investor guidelines, and underwriting best practices
Maintain a pipeline of loans in an efficient and timely manner while meeting service level agreements
Ensure adherence to all company policies and compliance regulations including TRID, RESPA, and other federal guidelines
Additional projects, responsibilities, or other duties assigned
Qualification
Required
Minimum 5 years of recent mortgage underwriting experience
Proficiency in underwriting Jumbo Non-conforming loans and/or FHA/VA Government loans (DE and/or SAR/LAPP certifications preferred)
A minimum of 6 months' experience in either category
Strong ability to analyze business tax returns, and complete complex cash flow analysis
Exceptional knowledge of agency guidelines (Fannie Mae, Freddie Mac), AUS systems (DU/LP), and compliance requirements
Prior experience mentoring or leading junior underwriting staff
Excellent analytical, organizational, and decision-making skills
Strong written and verbal communication abilities
Ability to manage high volumes in a fast-paced environment without sacrificing accuracy
Maintain a strong willingness to partner with our Sales and Processing teams in building a strong member first culture
Must be willing to work in office 40% of the working days
Preferred
DE Underwriter Certification (FHA)
VA LAPP/SAR Designation
Experience with Encompass or similar LOS
Bachelor's degree in business, Finance, or a related field (preferred but not required)
Benefits
Generous vacation package
Incentives
Competitive hourly pay
100% - paid employee medical, dental and vision premiums
Tri-Met / parking passes
401k matching
Tuition reimbursement
Company
OnPoint Community Credit Union
Onpoint Community Credit Union deals with financial services such as saving accounts, loans, credit, retirement planning and insurance.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Damian Laviolette
SVP & CIO
Bob Harding
Chief Commercial Officer (CCO)
Recent News
2025-08-14
2025-04-15
2025-02-05
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