Remote Mortgage Underwriter – FHA/VA & Jumbo Expert

Capital Bank; Rockville (MD); Remote; USD 80,000 - 105,000; Full time

Benefits offered by this job

Comprehensive benefits package

401k company contributions

Paid parental leave

Tuition reimbursement

Employee checking account

Job summary

Capital Bank N.A. is seeking a Mortgage Loan Underwriter to evaluate mortgage loan applications, assess financial documents, credit reports, and appraisals to determine creditworthiness and compliance with regulations.

The role requires underwriting FHA/VA/Conventional and Jumbo loans, maintaining turn times, and supporting loan officers throughout the borrower qualification and structuring process. This is a 100% remote role with competitive base salary and annual bonus, and the opportunity to

Qualifications

• High School Diploma or equivalent is required.
• 5+ years underwriting agency mortgage loans experience.
• 5+ years underwriting secondary market guidelines experience.
• 2+ years Jumbo and Non-Agency products experience.
• USDA underwriting experience preferred.
• Housing Finance Agency experience preferred (DC, DE, FL, VA, MD preferred).

Responsibilities

• Underwrite a minimum of three new loan files per day.
• Review, analyze, and clear updated and conditioned loan files within required turn times.
• Maintain mandated turn times for submissions, resubmissions, and condition reviews.
• Monitor and respond to CSM scenarios within required timeframes.
• Provide underwriting and eligibility support to other departments as needed.
• Underwrite FHA, VA, USDA, Conventional, Non-Agency, and Jumbo loans per policy and investor overlays.
• Perform condo project reviews including warranty and eligibility determinations.
• Analyze loan documentation for accuracy, completeness, and soundness.
• Identify and assess credit, income, asset, and collateral risk factors.
• Review appraisals and collateral documentation for condos and PUDs.
• Support Loan Officers during borrower qualification and structuring.
• Stay current on investor, agency, and regulatory updates affecting underwriting.

Skills

Teamwork

Customer service

Organization

Deadline-driven

Education

High School Diploma or equivalent

Tools

Fannie Mae DU

Freddie Mac LPA

Encompass LOS

Job description

Capital Bank N.A. is seeking a Mortgage Loan Underwriter to evaluate mortgage loan applications, assess financial documents, credit reports, and appraisals to determine creditworthiness and compliance with regulations.

The role requires underwriting FHA/VA/Conventional and Jumbo loans, maintaining turn times, and supporting loan officers throughout the borrower qualification and structuring process. This is a 100% remote role with competitive base salary and annual bonus, and the opportunity to