Mortgage Underwriter

Placements24; Gqeberha; Hybrid; ZAR 350,000 - 550,000; Full time

Benefits offered by this job

Fully remote work setup

Comprehensive medical, dental, and eye

Retirement savings plan

Professional growth opportunities

Job summary

Placements24 is seeking a detail-oriented Mortgage Underwriter to join our remote team. You will assess risk on mortgage loan applications, review applicant financials, property valuations, and credit histories to support sound lending decisions.

In this role, you will ensure all loans comply with company policies, investor guidelines, and regulatory requirements while communicating decisions to loan officers.

Qualifications

• Bachelor's degree preferred; high school diploma or equivalent required.
• 3+ years of mortgage underwriting experience.
• Strong knowledge of mortgage lending principles and regulations (e.g., FICA, NCA).
• Proficiency with loan origination and underwriting software.
• Ability to manage high volume of remote loan applications.

Responsibilities

• Evaluate mortgage loan applications to determine creditworthiness and risk.
• Analyze borrower's financial history, including income, assets, and liabilities.
• Review property appraisals and title reports to ensure collateral soundness.
• Ensure loans comply with policies, investor guidelines, and regulatory requirements.
• Communicate underwriting decisions and conditions to loan officers and clients.
• Maintain up-to-date knowledge of mortgage lending regulations and best practices.

Skills

Analytical thinking

Attention to detail

Underwriting knowledge

Remote work efficiency

Education

Bachelor's degree (preferred)

High school diploma or equivalent

Tools

Loan origination software

Mortgage underwriting systems

Job description

About the Role

Our client is seeking a detail-oriented Mortgage Underwriter to join their remote team and assess the risk associated with mortgage loan applications. This role is fundamental to ensuring the quality and compliance of the loan portfolio. You will meticulously review applicant financials, property valuations, and credit histories to make informed lending decisions. This position offers an excellent opportunity for an experienced underwriter to work flexibly, contributing expertise to a leading financial institution from anywhere, playing a key part in enabling clients to achieve homeownership while managing risk effectively.

Key Responsibilities

• Evaluate mortgage loan applications to determine creditworthiness and risk.
• Analyze borrower's financial history, including income, assets, and liabilities.
• Review property appraisals and title reports to ensure collateral soundness.
• Ensure all loans meet company policies, investor guidelines, and regulatory requirements.
• Communicate underwriting decisions and conditions clearly to loan officers and clients.
• Maintain up-to-date knowledge of mortgage lending regulations and industry best practices.

Requirements

• High school diploma or equivalent; a bachelor's degree is preferred.
• Minimum of 3 years of experience as a mortgage underwriter.
• Strong understanding of mortgage lending principles, underwriting guidelines, and relevant regulations (e.g., FICA, NCA).
• Proficiency in loan origination software and mortgage underwriting systems.
• Excellent analytical and decision-making skills with keen attention to detail.
• Ability to manage a high volume of applications efficiently in a remote setting.

Benefits

• Competitive annual salary commensurate with experience.
• Fully remote work setup, providing significant flexibility.
• Comprehensive medical, dental, and vision insurance.
• Retirement savings plan with employer matching.
• Opportunities for professional growth and continuing education in the mortgage industry.