Home Equity Underwriter

  • location: Cambridge, MA
  • type: Permanent
  • salary: $45,000 - $52,000 per year
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job description

Home Equity Underwriter

job summary:
Home Equity Underwriter

Permanent / Full time opportunity

Randstad is looking for a Home Equity Underwriter in the Cambridge area. As a Home Equity Underwriter, you will assist in underwriting consumer loan products and residential mortgage applications.

location: Cambridge, Massachusetts
job type: Permanent
salary: $45,000 - 52,000 per year
work hours: 8 to 5
education: Bachelor's degree
experience: 3 Years

(Include the following (but is not limited to:)

  • Analyze loan applicant's financial status, credit and property evaluations to determine terms and conditions of approving the loan
  • Underwrite second mortgages including HELOCs and consumer loan products; also, assist with underwriting other loan products as needed
  • Maintain awareness of current underwriting practices
  • Serve as liaison to customers, brokers and attorneys to resolve problems
  • Ensure closing documentation is accurate and complete
  • Responsible for verifying HMDA information for accuracy at loan level
  • Responsible for audit of loan files prior to and after funding is obtained

  • Bachelor's degree in finance or Accounting or equivalent through specialized coursework and training
  • 3+ years Mortgage Banking Underwriting experience REQUIRED
  • Knowledge of basic lending and underwriting policies and procedures, including guidelines issued by state and federal regulations
  • Must become a registered MLO; obtain NMLS#

$25 -$28/hour, to commensurate with experience


Submit your resume today to Kathleen.arigo@randstadusa.com. Not ready to apply but want to learn more, call Kathleen at 781-897-5218.

skills: Consumer Lending
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

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