Mortgage Underwriter

Popular; Charlotte Amalie (United States Virgin Islands); On-site; USD 60,000 - 85,000; Full time

Job summary

Popular in St. Thomas, VI seeks an experienced mortgage underwriter to assess buyer, property, and loan risk, and to determine loan approval. The role requires evaluating loan packages, ensuring compliance with investor guidelines, and compiling documentation for file accuracy.

The ideal candidate has 3–5 years in mortgage underwriting, a BSBA, and strong analytical skills. Local on-site work with standard business hours is expected.

Qualifications

• Bachelor's degree in Business Administration required.
• Three to five years of related mortgage underwriting experience.
• Strong knowledge of mortgage underwriting principles and credit analysis.
• Ability to analyze income, assets, liabilities, and borrower risk.
• Proficiency with MS Office; experience with Encompass preferred.

Responsibilities

• Reviews mortgage loan documents to determine if buyer, property, and loan conditions meet standards.
• Determines terms and acceptability of risk; approves or rejects loans per guidelines.
• Assembles documents in loan files, records rejections with basis and investor guidelines.
• Files and returns documents to the originating mortgage loan office.

Skills

Underwriting principles

Credit analysis

Loan documentation

Attention to detail

Communication

Time management

Education

Bachelor's Degree in Business Administration

Tools

Encompass

Microsoft Office

Job description

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Date: Oct 29, 2026

Location: St. Thomas, VI

Company: Popular

Workplace Type: On-site

Job Type

Approves or denies mortgage loans in compliance with investors and regulation agencies parameters. Review and analyze risks of loan applications to determine a final decision.

Essential Duties and Responsibilities

Reviews and evaluates information on mortgage loan documents to determine if buyer, property, and loan conditions meet establishment and government standards. Determines terms and acceptability of risk of prospective clients. Approves or rejects loan application, or requests additional information. Records loan rejections, specifying investor and institution guidelines and basis for declining application, such as insufficient cash reserves. Assembles documents in loan files, including acceptance or denial, and returns files to originating mortgage loan office.

Supervisory Responsibilities:

This job has no supervisory responsibilities.

Education

Bachelor's Degree in Business Administration

Experience

Three to five years related experience.

Certifications / Licenses

No certifications or license needed.

Other Qualifications

• Strong knowledge of mortgage underwriting principles, credit analysis, and loan documentation.
• Ability to analyze income, assets, liabilities, credit history, and overall borrower risk.
• Knowledge of applicable mortgage lending guidelines, policies, and regulatory requirements.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent attention to detail and accuracy when reviewing financial and loan documentation.
• Ability to interpret financial information and identify potential credit or documentation risks.
• Strong organizational and time-management skills, with the ability to manage multiple loan files and priorities.
• Effective written and verbal communication skills.
• Ability to work collaboratively with loan officers, processors, closing teams, and other stakeholders.
• Proficiency with Microsoft Office applications, particularly Outlook, Word, and Excel.
• Experience with mortgage loan origination systems, such as Encompass, preferred or required depending on the manager’s expectation.
• Ability to maintain confidentiality and exercise sound judgment when handling sensitive financial information.

Region Locations

St. Thomas or St. Croix

Work Schedule

Monday through Friday, 8:00 a.m. to 5:00 p.m.

Values

1. Passion for People

3. Succeed Together

2. Own Every Moment

4. Build the Future

Additional Requirements

The information provided here is only a general guide as to the nature of the position and does not constitute an exact description of the goals, tasks, duties and responsibilities of the position. The specific details of each position are described in the employee’s performance evaluation.

Important: The candidate must provide evidence of academic preparation or courses related to the job posting, if necessary.

Our hybrid work model benefit applies to certain positions and is subject to changes based on the organizational needs.

Applicants must be authorized to work for any employer in the United States. This position is not open to applicants who need visa sponsorship or transfer of visa sponsorship at this time.

ABOUT US

Popular is Puerto Rico’s leading financial institution and have been evolving since it was founded over a century ago. From a small bank it has developed into a large corporation that offer a wide variety of services and financial solutions to our customers, with presence in the United States, the Caribbean and Latin America.

As employees, we are dedicated to making our customers dreams come true by offering financial solutions in each stage of their life. Our extensive trajectory demonstrates the resiliency and determination of our employees to innovate, reach for the right solutions and strongly support the communities we serve; therefore, we value their diverse skills, experiences and backgrounds.

We reaffirm our commitment to always offer essential financial services and solutions for our customers and communities, including during emergency situations and/or natural disasters. Popular’s employees are considered essential workers, whose role is critical in the continuity of these important services even under such circumstances. By applying to this position, you acknowledge that Popular may require your services during and immediately after any such events.

If you have a disability or need more information about requesting an accommodation, please contact us at [e-mail] . This email inbox is monitored for such types of requests only. All information you provide will be kept confidential and will be used only to the extent required to provide needed exemptions or reasonable accommodations. Any other correspondence will not receive a response.

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