FHA DE Reverse Mortgage Underwriter

Ultimate Staffing Services; Los Angeles (CA); On-site; USD 85,000 - 100,000; Full time

Benefits offered by this job

100% remote

Competitive salary

Job summary

Ultimate Staffing Services is seeking a Reverse Mortgage Underwriter for a 100% remote role within the United States. You will review borrower documentation and determine eligibility under FHA, HECM, and Reverse Proprietary guidelines while supporting the underwriting team.

The role requires at least 3 years of reverse mortgage underwriting experience, strong compliance judgment, and the ability to issue clear, accurate decisions within tight turn times.

Qualifications

• Minimum of 3 years of Reverse Mortgage Underwriting experience.
• Strong knowledge of FHA, HECM, and Reverse Proprietary lending guidelines.
• Ability to review credit, income, asset, collateral, third‑party, fraud, judgment, and lien documentation.
• Demonstrated ability to make accurate, compliant underwriting decisions within 24–48 hour turn times.
• Exceptional attention to detail, analytical judgment, and problem-solving skills.
• Strong written and verbal communication skills with the ability to clearly explain decisions and conditions.
• Ability to collaborate effectively with loan officers, processors, and mortgage operations teams.

Responsibilities

• Perform comprehensive loan file reviews to ensure compliance with company, investor, FHA, HECM, and Reverse Proprietary guidelines.
• Analyze credit, income, asset, collateral, and supporting documentation to determine loan eligibility.
• Evaluate files for accuracy, completeness, consistency, and regulatory compliance.
• Identify potential red flags and proactively address underwriting concerns.
• Review third-party reports, fraud reports, judgment searches, lien searches, and related documentation.
• Communicate underwriting decisions, conditions, and required documentation clearly and professionally.
• Partner with loan officers, processors, and mortgage operations teams to resolve file issues and support timely approvals.
• Maintain productivity standards and meet required underwriting turn times.

Skills

Reverse Mortgage Underwriting

FHA & HECM guidelines

Documentation review

Turn-time adherence

Attention to detail

Communication skills

Team collaboration

Job description

Salary: USD90000 - USD90000 per year

Location: Fully Remote within the United States

Employment Type: Direct Hire

Salary: $85,000–$100,000 annually

Schedule: Monday–Friday, 8:00 AM–5:00 PM PST; flexibility available

About the Opportunity

Join a remote underwriting team supporting reverse mortgage loan reviews from submission through decision. In this role, the Reverse Mortgage Underwriter will evaluate borrower documentation, collateral, credit, income, assets, and supporting file details to determine eligibility under FHA, HECM, and Reverse Proprietary Product guidelines. The ideal candidate has deep reverse mortgage underwriting experience, strong compliance judgment, and the ability to issue clear, accurate decisions within expected turn times and holds an active and current Federal Housing Administration Direct Endorsement.

Must-Have Qualifications

• Minimum of 3 years of Reverse Mortgage Underwriting experience.


• Strong knowledge of FHA, HECM, and Reverse Proprietary lending guidelines.


• Ability to review credit, income, asset, collateral, third-party, fraud, judgment, and lien documentation.


• Demonstrated ability to make accurate, compliant underwriting decisions within 24–48 hour turn times.


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


• Strong written and verbal communication skills with the ability to clearly explain decisions and conditions.


• Ability to collaborate effectively with loan officers, processors, and mortgage operations teams.

Important: Candidates must meet all of the must-have qualifications listed above to be considered for this role.

Key Responsibilities

• Perform comprehensive loan file reviews to ensure compliance with company, investor, FHA, HECM, and Reverse Proprietary guidelines.


• Analyze credit, income, asset, collateral, and supporting documentation to determine loan eligibility.


• Evaluate files for accuracy, completeness, consistency, and regulatory compliance.


• Identify potential red flags and proactively address underwriting concerns.


• Review third-party reports, fraud reports, judgment searches, lien searches, and related documentation.


• Communicate underwriting decisions, conditions, and required documentation clearly and professionally.


• Partner with loan officers, processors, and mortgage operations teams to resolve file issues and support timely approvals.


• Maintain productivity standards and meet required underwriting turn times.

Why Consider This Opportunity?

• 100% remote work environment


• Competitive salary of $85,000–$100,000 annually