About Company
Guaranteed Rate is a leader in the mortgage industry, dedicated to providing unparalleled service and innovative loan products to homebuyers across the nation. Founded on the principle of delivering an exceptional customer experience, we leverage cutting-edge technology and a team of highly skilled professionals to simplify the home financing process. We believe in fostering a supportive and dynamic work environment that encourages growth, collaboration, and celebrates success. With a strong commitment to diversity, equity, and inclusion, Guaranteed Rate is not just a place to work, but a community where you can build a meaningful career and make a real impact on people’s lives as they achieve their homeownership dreams. Our remote-first philosophy for many roles allows us to attract top talent from across the country, building diverse teams that bring fresh perspectives and expertise to our operations. Join us in our mission to be the nation’s most client-focused and technologically advanced mortgage lender.
Job Description
Are you a meticulous, detail-oriented Loan Underwriter with a passion for helping individuals secure their dream homes? Do you thrive in a dynamic, fast-paced environment and possess a keen eye for risk assessment? Guaranteed Rate is seeking a highly skilled and motivated Remote Loan Underwriter to join our national team. This is an exceptional opportunity for an experienced professional to leverage their expertise from anywhere, contributing to our mission of providing a seamless and efficient mortgage experience for our clients.
In this pivotal remote role, you will be responsible for evaluating and underwriting a diverse portfolio of mortgage loan applications, ensuring compliance with both company policies and all relevant federal and state regulations. You will analyze credit histories, income documentation, asset statements, and property appraisals to determine loan eligibility and risk exposure, making sound decisions that balance business objectives with prudent lending practices. We’re looking for someone who can expertly navigate complex financial scenarios, communicate clearly and concisely, and collaborate effectively with loan officers, processors, and closers, all while maintaining the highest standards of integrity and accuracy.
This position offers the flexibility of remote work, allowing you to create a productive home office environment. You will be an integral part of a supportive team, benefiting from robust training, cutting-edge technology, and a culture that values individual contribution and professional development. If you are passionate about the mortgage industry, possess strong analytical skills, and are eager to make an impact from the comfort of your home, we encourage you to apply. We are committed to fostering an inclusive environment where every team member can thrive.
Key Responsibilities
- Perform comprehensive underwriting reviews of residential mortgage loan applications (FHA, VA, Conventional, USDA) in accordance with investor guidelines and company policies.
- Analyze credit reports, income documentation (tax returns, pay stubs, W2s), asset statements, and property appraisals to assess borrower creditworthiness and collateral value.
- Identify and mitigate potential risks associated with loan applications, making sound underwriting decisions.
- Communicate effectively and professionally with loan officers, processors, and other internal stakeholders regarding loan conditions, decisions, and documentation requirements.
- Ensure all loan files are accurate, complete, and fully compliant with federal, state, and local regulations.
- Maintain up-to-date knowledge of industry trends, underwriting guidelines, and regulatory changes.
- Provide clear and concise explanations for underwriting decisions and conditions.
- Meet established productivity and quality metrics in a remote work environment.
Required Skills
- Minimum of 3 years of recent experience as a Mortgage Loan Underwriter (FHA/VA/Conventional).
- DE (Direct Endorsement) certification for FHA loans is highly preferred; VA LAPP/SAR is a plus.
- Thorough understanding of automated underwriting systems (DU, LP) and current agency guidelines.
- Exceptional analytical, decision-making, and problem-solving skills.
- Strong attention to detail and ability to manage multiple priorities in a fast-paced environment.
- Excellent written and verbal communication skills.
- Proficiency in Microsoft Office Suite and various loan origination software (LOS).
- Ability to work independently and effectively in a remote setting.
Preferred Qualifications
- Bachelor’s degree in Finance, Business Administration, or a related field.
- Experience with a variety of loan products, including jumbo and non-QM loans.
- Demonstrated ability to train and mentor junior underwriters.
- Strong understanding of federal and state lending laws and regulations (e.g., RESPA, TILA, HMDA).
Perks & Benefits
- Competitive salary and performance-based bonuses.
- Comprehensive health, dental, and vision insurance plans.
- 401(k) retirement plan with company match.
- Generous paid time off and holidays.
- Employee assistance programs.
- Professional development and continuing education opportunities.
- Remote work flexibility and supportive virtual team environment.
- Access to cutting-edge technology and tools.
How to Apply
Ready to make a significant impact from anywhere? If you are a dedicated and experienced Loan Underwriter looking for a remote opportunity with a leading national lender, we encourage you to apply! Please click on the application link below to submit your resume and cover letter. We look forward to reviewing your qualifications and potentially welcoming you to the Guaranteed Rate family.