Note: The job is a remote job and is open to candidates in USA. Rapid Mortgage Company is a nationally recognized lender known for speed, service, and integrity. They are seeking an experienced DE/SAR Mortgage Underwriter to evaluate residential mortgage loan applications for compliance with company, investor, and regulatory standards.
Responsibilities
• Analyze and underwrite loan files including credit, income, assets, appraisals, title, and supporting documentation
• Issue clear, concise approval, suspension, or denial decisions within delegated authority
• Underwrite loans to current FHA, VA, USDA, and Conventional guidelines
• Perform manual underwrites for loans that do not receive AUS Approve/Eligible findings
• Interpret and evaluate complex self-employed income documentation (K-1s, Schedule C, 1120s, 1065s)
• Review large deposits, verify funds for closing, and ensure adequate reserves
• Communicate conditions and rationale for decisions to internal stakeholders clearly and professionally
• Ensure all underwritten files meet agency, investor, and federal compliance requirements
• Stay informed on changes to underwriting policies, loan products, and regulatory updates
• Partner with processing and sales teams to promote a collaborative and efficient pipeline
Skills
• Minimum 3+ years of current mortgage underwriting experience
• Active DE (FHA) or SAR (VA) designation- Having both is strongly preferred
• Experience underwriting DPA (Down Payment Assistance) programs
• Proficiency with Encompass Loan Origination System
• Experience analyzing complex borrower profiles, including self-employed borrowers and layered risk
• Strong working knowledge of AUS platforms (DU and LP) and ability to assess manual files when necessary
• Deep understanding of current investor, agency, and compliance guidelines
• Exceptional analytical skills, attention to detail, and time management
• Ability to work independently in a fast-paced remote environment
• Excellent written and verbal communication skills
• No more than a 16-month gap in mortgage underwriting experience- if gap applies must have stayed up to date on market trends and newest guidelines
• Must have current or recent loan-level underwriting authority (not a trainee or shadowing role)
• Encompass and AUS experience is required
Benefits
• Medical, Dental, and Vision Insurance available day 1
• Company-Paid Life and Long-Term Disability Insurance
• 401(k) Retirement Plan with Company Match
• Paid Time Off (PTO) + Paid Holidays
• Career growth opportunities and continuing education support
• Supportive, collaborative remote team culture
Company Overview
• Rapid Mortgage Company is a locally based mortgage lender, even our owner is a local resident. It was founded in 2002, and is headquartered in Cincinnati, Ohio, USA, with a workforce of 201-500 employees. Its website is http://rapidmortgagecompany.com/.