LoanPeople · 5 hours ago
Jr. Underwriter
United States
Full-time
Remote
Entry Level
1+ years expLoanPeople is a rapidly growing mortgage company headquartered in Austin, TX, seeking a Junior Underwriter to support their underwriting team. The role involves reviewing residential mortgage loan files for accuracy and compliance, analyzing borrower documentation, and assisting with risk assessment under the guidance of Senior Underwriters.
Commercial LendingFinancial ServicesReal Estate
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
Qualification
Required
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
1–3 years of experience in mortgage lending (processing, underwriting assistant, or QC preferred)
Prior experience with automated underwriting systems (DU/LPA) is required
Preferred
associate or bachelor's degree preferred
Prior experience with USDA GUS is a plus
FHA Direct Endorsement (DE) or VA LAPP experience a plus
Relevant mortgage or underwriting certifications a plus
Benefits
Competitive salary
Health insurance
401(k)
Paid time off
Casual work environment
Company
LoanPeople
LoanPeople specializes in conventional loans and commercial lending services.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Dana Leaman
Chief Marketing Officer
Company data provided by crunchbase