Underwriter / Senior Underwriter – Post Close QC

Private Advertiser; Quezon City; On-site; PHP 600,000 - 900,000; Full time

Job summary

Private Advertiser is seeking an Underwriter / Senior Underwriter – Post Close QC to review and re-underwrite residential mortgage loan files for accuracy, compliance, and proper documentation across agency and investor guidelines. You will perform pre-funding and post-closing audits, recalculate income/assets/DTI/LTV, and verify TRID and other regulations.

You will document defects with clear recommendations while managing multiple files in a production-driven environment.

Qualifications

• Bachelor's degree in mortgage-related field or equivalent.
• Minimum 3 years US mortgage underwriting experience.
• Experience with manual and automated underwriting incl. FHA/VA.

Responsibilities

• Conduct pre-funding and post-closing audits of residential mortgage loan files.
• Review income, assets, credit reports, liabilities, and other loan documentation.
• Recalculate income, assets, DTI, LTV, and other eligibility factors to validate underwriting accuracy.
• Verify compliance with agency/investor guidelines (FNMA, Freddie Mac, FHA/VA/USDA).

Skills

US Underwriting

AUS knowledge

Income & Assets

TRID knowledge

Closing process

Education

Bachelor's Degree in Finance/Mortgage Lending

Tools

Encompass

ACES

DU/LP

Job description

Position Overview

The Underwriter / Senior Underwriter – Post Close QC is responsible for reviewing and re-underwriting residential mortgage loan files to ensure accuracy, completeness, and compliance with company, agency, investor, state, and federal requirements. This role performs pre-funding and post-closing quality control audits covering credit, income, assets, property, eligibility, documentation, and underwriting decisions.

Key Responsibilities

Loan Quality Control & Re-Underwriting

• Conduct detailed pre-funding and post-closing audits of residential mortgage loan files.

• Review income, assets, credit reports, liabilities, purchase contracts, appraisals, title documents, disclosures, and other loan documentation.

• Recalculate income, assets, debt-to-income (DTI), loan-to-value (LTV), and other eligibility factors to validate underwriting accuracy.

• Verify that loan decisions comply with applicable agency and investor guidelines, including FNMA, Freddie Mac, FHA/HUD, VA, and USDA.

Compliance & Policy Review

• Evaluate loan origination, underwriting, closing, and funding processes for compliance with company policies and established procedures.

• Ensure adherence to applicable state and federal regulations, including TRID, TILA, ECOA, CFPB, Regulation Z, Regulation B, and Regulation X.

• Determine whether proper procedures and documentation were followed throughout the loan lifecycle.

Fraud & Risk Identification

• Review loan files for red flags, inconsistencies, potential fraud, and other credit or documentation risks.

• Identify underwriting defects and determine their impact on loan eligibility and compliance.

• Ensure findings are accurately documented with clear supporting details and recommendations.

Audit Documentation & Reporting

• Record audit findings accurately and comprehensively in the designated quality control system.

• Provide clear documentation of identified defects, exceptions, and compliance issues.

• Escalate significant findings and potential risks to appropriate stakeholders.

Guideline & Industry Knowledge

• Maintain current knowledge of agency, investor, state, and federal mortgage guidelines.

• Participate in ongoing training to remain current with regulatory, investor, and industry changes.

• Apply current underwriting standards consistently across all reviewed files.

Work Management

• Manage multiple loan files and competing priorities while meeting established turnaround times and quality standards.

• Work independently in a production-driven environment while maintaining a high level of accuracy.

• Maintain professional communication and collaboration with internal and external stakeholders.

Qualifications

• Bachelor's Degree or equivalent experience in mortgage lending, finance, banking, or a related field.

• Minimum of 3 years of experience in US Mortgage Underwriting.

• Strong experience with conventional and government loan underwriting.

• Experience with manual and automated underwriting.

• FHA Direct Endorsement and/or VA SAR certification preferred.

• Experience in mortgage quality control or a multi-client environment is an advantage.

Skills Required

• Expert knowledge of US mortgage underwriting guidelines and agency requirements.

• Strong knowledge of income and asset calculation and verification.

• Proficiency in analyzing credit reports, liabilities, purchase contracts, appraisals, title commitments, and other loan documentation.

• Strong understanding of closing processes, underwriting conditions, closing instructions, TRID, and loan funding.

• Expert knowledge of Automated Underwriting Systems (AUS), including Desktop Underwriter (DU) and Loan Product Advisor/Loan Prospector (LP).

• Knowledge of Encompass and ACES is an advantage.

• Strong understanding of federal and state mortgage compliance requirements.

• Excellent analytical, problem-solving, and attention-to-detail skills.

• Strong written and verbal communication skills.

• Intermediate to advanced proficiency in Microsoft Office, particularly Excel and Word.

• Ability to work independently, manage deadlines, and maintain accuracy in a high-volume environment.

Work Arrangement

• Location: On-site

• Employment Type: Full-Time

• Schedule: US EST(Graveyard PH)