Remote Mortgage Underwriter - Contract

Quorum Federal Credit Union; New York (NY); Hybrid; USD 50,000 - 55,000; Full time

Benefits offered by this job

Health insurance

401k plan

PTO and holidays

Wellness stipend

Remote work environment

Job summary

Quorum Federal Credit Union is hiring a Temporary Mortgage Underwriter for Correspondent Loans. This 100% remote role reviews and underwrites first and second mortgages for approved lenders, within approved authority and policy.

The position requires knowledge of FNMA guidelines, strong documentation review, and collaboration with internal teams to ensure timely purchases while maintaining compliance and customer service.

Qualifications

• Bachelor’s degree in finance, business administration or related field.
• Hands-on experience with Encompass within the last 12 months.
• Proficiency with Microsoft Office (Word, Excel, PowerPoint).
• Excellent problem-solving, organizational, analytical, verbal and written communication skills.
• Strong time management and ability to manage multiple projects.

Responsibilities

• Review and underwrite closed loan packages for compliance with FNMA and internal guidelines.
• Validate income, assets, credit and collateral documentation to determine loan eligibility.
• Evaluate full closed loan packages for completeness and consistency (final 1003, title policy, CD, collateral documents).
• Review title and appraisal reports for acceptability and compliance with agency standards.
• Identify document discrepancies and request cures from sellers.
• Sign off loan conditions and prepare loan for purchase or suspense notification.
• Communicate with correspondent sellers regarding loan decisions and documentation needs.
• Collaborate with secondary market, closing, and post-purchase teams to ensure smooth loan flow.

Education

Bachelor’s degree in finance, business administration or related field

Tools

Encompass

Microsoft Office

Job description

Quorum Federal Credit Union is hiring a Temporary Mortgage Underwriter for Correspondent Loans. This 100% remote role reviews and underwrites first and second mortgages for approved lenders, within approved authority and policy.

The position requires knowledge of FNMA guidelines, strong documentation review, and collaboration with internal teams to ensure timely purchases while maintaining compliance and customer service.