Underwriter - Mortgage Fulfillment

PENNYMAC; Phoenix (AZ); Remote; USD 55,000 - 85,000; Full time

Job summary

An established industry player seeks a detail-oriented Mortgage Fulfillment Underwriter to join their dynamic team. In this role, you will ensure that mortgage applications meet all regulatory guidelines while collaborating with clients to facilitate their homeownership dreams. Your expertise in mortgage underwriting and compliance will be pivotal in maintaining the quality and accuracy of decisions. This innovative firm values accountability and ethics, offering a supportive environment where your contributions will make a significant impact on the lives of millions of Americans. If you are looking for a rewarding opportunity with comprehensive benefits and a commitment to sustainable growth, this is the role for you.

Benefits

Comprehensive Health Benefits

Paid Time Off

Wellness Programs

401k Match

Tuition Reimbursement

Philanthropic Programs

Qualifications

• 3+ years of mortgage underwriting experience required.
• Solid knowledge of mortgage underwriting and regulations.

Responsibilities

• Review mortgage applications for accuracy and completeness.
• Approve or deny mortgages in a timely manner.
• Collaborate with clients to resolve issues.

Skills

Mortgage Underwriting

Knowledge of Mortgage Laws

Client Collaboration

Attention to Detail

Education

Bachelor’s Degree

Equivalent Work Experience

Tools

Automated Underwriting Systems

Job description

Join to apply for the Underwriter - Mortgage Fulfillment role at PENNYMAC

Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market.

At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey.

The Mortgage Fulfillment Underwriter role involves:

• Ensuring reviewed assets meet all applicable investor guidelines, with a thorough knowledge of requirements and regulations.
• Accountability for the quality and accuracy of decisions.

The Underwriter Will:

• Decide on a full range of mortgage loans, preferably including FHA loans.
• Review all mortgage applications and documentation for accuracy and completeness.
• Collaborate with clients to prepare mortgage applications and resolve issues.
• Work with compliance officers to ensure adherence to Federal, State, and local laws.
• Approve or deny mortgages in a timely manner.
• Perform other related duties as required.
• Demonstrate behaviors aligned with the organization’s values.

Qualifications:

• Bachelor’s degree or equivalent work experience.
• 3+ years of mortgage underwriting experience.
• Solid knowledge of mortgage underwriting and automated systems.
• Knowledge of mortgage laws and regulations, including the Home Mortgage Disclosure Act.
• Knowledge of state and federal agency guidelines is helpful.

Why Join Pennymac?

As a top mortgage lender, Pennymac has helped over 4 million homeowners. We value accountability, reliability, and ethics, and are committed to sustainable growth and an inclusive environment.

Benefits include:

• Comprehensive health benefits, paid time off, wellness programs, and onsite amenities (select locations).
• Retirement plans, life insurance, 401k match, and tuition reimbursement.
• Philanthropic programs and community involvement opportunities.

Learn more about our benefits at: https://pennymacnews.page.link/benefits

Compensation:

Salary ranges from $55,000 to $85,000, depending on experience and location. Some roles may include performance-based incentives.

Work Model:

Remote