Residential Underwriter

  • location: Peabody, MA
  • type: Contract
  • salary: $25 - $35 per hour
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job description

Residential Underwriter

job summary:
The Underwriter completes underwriting for residential mortgage loan applications including pre-approvals, equity loans and equity lines of credit.

Performs back-up responsibilities to Loan Processor.

Performs all tasks in compliance with established bank policies and procedures, all State, Federal and Secondary Market Guidelines.

location: Peabody, Massachusetts
job type: Contract
salary: $25 - 35 per hour
work hours: 9 to 5
education: Unknown
experience: 3 Years
The position requires an extreme attention to detail, time management skills and robust analysis skills. Extensive knowledge of income, credit, asset and collateral standards required.

  • Bachelor's degree or equivalent work related experience.
  • Minimum of 3 to 5 years of recent underwriting experience.
  • Knowledge of the lending requirement, regulations and procedures for DO, DU, LP, HMDA, FNMA / FHLMC and Secondary Market.
  • Must have strong knowledge of Microsoft Office.
  • Must have the ability to work in a fast-paced environment and manage multiple tasks with minimal supervision.
  • Must be able to perform under pressure and consistently meet deadlines.
  • Must have excellent organizational, written and verbal communication skills.
  • Must be detail oriented.
  • Underwriting experience with various engines is preferred
Interested? Please call or email to Chris Smith at 781-897-5216 or

skills: Banking Operations
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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