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About the Role

As a Mortgage Underwriter I, you will independently analyze moderately complex residential mortgage applications and make sound credit decisions in accordance with investor, agency, and company guidelines. This position supports high application volumes and requires consistent achievement of production levels, turn times, and accuracy expectations. You will demonstrate adaptability, embrace new technologies, and contribute to the continual improvement of the underwriting process.

Responsibilities

Analyze and independently underwrite moderately complex mortgage products and scenarios within level of authority.
Underwrite all mortgage loan files in compliance with secondary market guidelines, specific product guidelines, credit union policies and procedures, and banking/Credit Union regulatory requirements.
Exercise sound judgment when evaluating overall loan risk and determining loan eligibility, ensuring decisions align with company risk tolerance and lending policies.
Achieve required daily production levels and established turn times.
Review and validate standard documentation such as income, asset, credit, and collateral.
Maintain exceptional accuracy and consistency in all underwriting functions, ensuring system data and calculations are accurately updated and aligned with documentation.
Utilize provided automation solutions for efficiency and operational controls, adopting new automation tools, systems, and process changes as implemented.
Perform underwriting functions in all stages of the application, including initial underwriting decision, reviewing and approving conditions, and completing the final underwriting decision.
Manage daily pipelines efficiently by prioritizing tasks and communicating proactively with processors and loan officers.
Identify and escalate higher-risk or exception files to senior underwriting staff as appropriate.
Stay current with underwriting guidelines and technology and attend training sessions to build product and regulatory knowledge.
Exhibit a positive and collaborative team attitude, assisting peers and contributing to a supportive work environment.
Perform additional duties as required.

Requirements

Minimum of two to six years of related experience at a credit union, bank or other financial institution.
Excellent problem-solving, organizational, analytical, verbal and written communication skills.
Strong decision making and time management skills with the ability to manage multiple projects/duties.
Results driven, service oriented, self-motivated and able to work independently.
Detailed knowledge of secondary market guidelines.
Some knowledge of regulatory guidelines and issues.
Complies with all requirements for Mortgage Loan Originators set forth in the SAFE Act, including successful completion of required background checks and obtaining a Unique Identifier from the NMLRS.
Trustworthy with the ability to maintain the highest level of integrity and trust.
Proficiency in Microsoft Office, specifically Word, Excel and PowerPoint.
Related experience with Encompass loan origination systems.
Stable internet connection with speeds high enough for video conferencing and screen sharing.
Smartphone with current iOS/Android OS.
Ability to communicate with coworkers and customers via email, chat, teleconference, and/or phone.

Skills

Problem-solving
Organizational skills
Analytical skills
Verbal communication
Written communication
Decision making
Time management
Secondary market guidelines
Regulatory guidelines
Microsoft Office (Word, Excel, PowerPoint)
Encompass loan origination systems
Communication clarity
Proofreading

Location

Remote (United States)

Work Type

Remote
Full-time

Experience Level

2-6 years

Education Level

Bachelor’s degree in finance, business administration or other related degree preferred.

Salary/Compensations

$31.25 - $36.06 per hour

Benefits

Excellent health insurance packages with a Health Reimbursement Account option
Life, AD&D, Short-Term Disability and Travel Insurance
401k plan with company match dollar for dollar up to 6 percent
Generous time-off policy with paid time off (PTO), volunteer time off (VTO), birthday PTO, and company-observed holidays
Monthly stipend for wellness activities and mental health
Tuition reimbursement
Pet Benefits, including insurance, discounts, “pawternity” PTO day, and more
Bonus/commission plan for qualifying roles
Employee perks (including mortgage discounts!)
PTO purchase and sell-back programs
Rewards and peer recognition programs
Trust-based, out-come oriented remote work environment for most roles

About the Company

Quorum Federal Credit Union operates as a technology company, delivering innovative financial solutions.
The organization thrives on collaboration and recognizes outstanding performance.
It is an ideal workplace for self-motivated individuals committed to organizational success and eager to join a dynamic team.
Quorum offers a unique and supportive work environment that fosters personal and professional growth.
The company culture is built on valuing teamwork, recognizing achievements, and providing the tools and resources needed to excel.
Quorum's mission is to create Banking That’s Good. For You.

Equal Opportunity

Quorum is an Equal Employment Opportunity employer.
Qualified applicants will be considered for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, marital status, protected veteran status, or disability status.
Quorum will make reasonable accommodations in compliance with the Americans with Disabilities Act of 1990.
Reasonable accommodations are available upon request for applicants and/or employees with qualifying disabilities throughout the application and employment process.
Qualified Applicants with arrest or conviction records will be considered for employment in accordance with all applicable federal, state, city and local laws, rules, and regulations.