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Role Description

Help People Achieve the Dream of Homeownership. Do you enjoy analyzing complex information, solving financial puzzles, and making sound decisions that truly matter? Join our team as a Mortgage Underwriter, where your expertise helps turn homeownership dreams into reality.

In this role, you’ll review and evaluate mortgage loan applications, analyze borrower qualifications, and make critical lending decisions using internal underwriting standards along with FNMA, FHLMC, and government guidelines. If you thrive in a fast-paced environment, enjoy working with numbers and documentation, and take pride in accuracy and integrity, we’d love to hear from you.

What You’ll Do

• Review loan applications to determine the appropriate funding source and loan program
• Calculate income for all borrower types and review complex tax returns and financial statements
• Analyze multiple funding sources to determine overall borrower creditworthiness
• Evaluate risk related to borrowers, collateral, and the overall transaction
• Review loan documentation and request additional information when needed
• Provide final underwriting approvals for conventional and government mortgage loans, including:
  • Leaseholds
  • Construction loans
  • Non-owner occupied properties
  • Condominiums
  • Mortgage insurance secured loans
  • Higher-risk loan scenarios
• Underwrite credit, capacity, and collateral according to established policies and procedures
• Complete all required documentation accurately and within required timelines
• Communicate effectively with staff and management to meet deadlines
• Maintain organized records, files, e-folders, and database entries
• Ensure compliance with all applicable state and federal laws and regulations
• Follow FNMA, FHLMC, HUD, VA, and industry underwriting standards
• Support team initiatives and assist with additional duties as needed

Qualifications

• High school diploma or equivalent required
• Bachelor’s degree in a related field preferred, but not required
• 3+ years of mortgage underwriting experience preferred
• Related military training or experience may substitute for education or work experience
• Preferred certifications include:
  • VA Staff Appraisal Reviewer (SAR) and underwriting authority
  • FHA DE Underwriting authority with valid CHUMS number
  • HUD 184 underwriting authority

Requirements

• Excellent written and verbal communication skills
• Collaborative mindset with a focus on team success
• Professional, ethical, and respectful communication style
• Strong judgment and reasoning skills
• Ability to explain and support underwriting decisions
• Detail-oriented with a commitment to accuracy and quality
• Comfortable managing changing priorities and deadlines
• Able to remain organized and productive under pressure
• Intermediate knowledge of Microsoft Office (Word, Excel, PowerPoint, Outlook)
• Comfortable using loan processing systems and standard office equipment

Benefits

• Medical, Dental and Vision insurance, including FSA (Flex Spending Account)
• Paid Time Off to include select paid holidays
• Retirement Benefits with generous 401K match
• Paid Parental Leave
• Education Assistance
• Employee Assistance Program
• Employee Wellness Program
• Pay is depending on experience. Minimum for is $39.63/hour

Company Description

Northrim Bank/Residential Mortgage, LLC is an equal opportunity and affirmative action employer. Northrim Bank/RML does not discriminate in employment based upon race, color, religion, sex, sexual orientation, gender identity, age, national origin, physical or mental disability, protected veteran status, pregnancy, parenthood, marital status, changes in marital status, genetic information or any other status protected by federal, state or local law.