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Delmar Mortgage3 days ago

Fully Delegated Mortgage Underwriter

On-site · St. Louis, Missouri, United States

Type
Full Time
Level
Senior Level
Education
Not Specified
Company size
Small

Job Summary

Fully Delegated Mortgage Underwriter needed to join Delmar Mortgage Company in St. Louis. Responsibilities include evaluating creditworthiness, issuing final approvals on Conventional/FHA/VA loans, reviewing appraisals and title commitments, ensuring regulatory compliance with Fannie Mae/Freddie Mac/HUD/VA guidelines, collaborating with loan processors and sales teams to move loans to closing, and mitigating risk by identifying inconsistencies or fraudulent documentation. Requires strong calculation of complex income structures, including self-employed and partnerships, and the ability to clearly explain underwriting decisions to non-technical stakeholders. Must have 5+ years of residential mortgage underwriting experience and active DE designation with VA LAPP/SAR authority.

Required Qualifications

  • Minimum of 5+ years of residential mortgage underwriting experience
  • Active HUD Direct Endorsement (DE) designation
  • VA Lender Appraisal Processing Program (LAPP/SAR) authority

Desired Qualifications

  • Active HUD Direct Endorsement (DE) designation
  • VA Lender Appraisal Processing Program (LAPP/SAR) authority
  • Minimum of 5+ years of residential mortgage underwriting experience
  • Strong ability to calculate complex income structures (including self-employed borrowers, partnerships, and corporate tax returns)
  • Exceptional verbal and written communication skills to explain underwriting decisions and guidelines
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Delmar Mortgage

Fully Delegated Mortgage Underwriter

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