Position: Junior Collateral Underwriter
Location: Remote
Work Model: Remote
Schedule: Full-Time
Compensation: $45,000–$50,000
Department: Underwriting
FLSA Status: Non-Exempt

Overview

A mortgage company is seeking a Junior Collateral Underwriter to support the underwriting department with appraisal review, collateral analysis, flood insurance review, and appraisal-related condition clearing.

This is a full-time remote role for someone with Conventional underwriting experience who understands investor guidelines and has exposure to appraisal or collateral review. The position is focused on reviewing appraisals and related documentation for accuracy, compliance, and potential collateral concerns before closing.

Responsibilities

Review and underwrite appraisals upon receipt from the Appraisal Administration Department.

Review and analyze appraisals and supplemental orders in accordance with appraisal review procedures and company guidelines.

Review flood insurance documentation as part of the collateral review process.

Identify potential appraisal concerns, inconsistencies, unsupported values, or signs of fraudulent documentation.

Review and clear appraisal-related underwriting conditions prior to closing.

Work with collateral valuation teams and processors to resolve appraisal or collateral-related questions.

Communicate decisions clearly to appropriate parties both verbally and in writing.

Maintain accuracy, quality, and timely review of assigned files.

Qualifications

High school diploma or equivalent required.

3+ years of Conventional underwriting experience required.

Knowledge of investor guidelines and requirements.

Appraisal review, collateral review, or appraisal-related condition review experience preferred.

Ability to review appraisal documentation for accuracy, consistency, and potential concerns.

Strong attention to detail.

Strong written and verbal communication skills.

Ability to work independently in a remote environment.

Thank you for your interest! 

If your background aligns with our clients needs, one of our Recruiters will reach out. Please Check your spam folder and voicemail for messages from our recruiters.

Unfortunately due to high volumes of applicants, we may not be able  to respond to those who are not a fit.  If you do not hear from us regarding this application, please know we do appreciate your interest and encourage you to continue to keep an eye on our website for new opportunities.