Renovation and Construction Underwriter

Jobgether · US

This position is listed on behalf of a partner company, who manages all applications and next steps. Our partner is looking for a Renovation and Construction Underwriter based in the United States.

This role focuses on evaluating complex mortgage loan files related to construction and renovation financing in a fully remote U.S. environment. The underwriter plays a critical part in assessing borrower eligibility, creditworthiness, and property risk across multiple loan programs, including FHA, VA, conventional, and renovation products. The position requires strong analytical judgment to interpret tax returns, financial documentation, and investor guidelines with precision. You will be responsible for making sound underwriting decisions that directly impact loan approval outcomes. The role operates within a fast-paced production setting where accuracy, compliance, and turnaround time are essential. You will collaborate closely with loan officers and processors to resolve conditions and guide file decisions. This is a high-impact position contributing to the successful delivery of compliant, high-quality mortgage solutions.

Accountabilities:

Review and underwrite mortgage loan files, including construction (One-Time Close/Construction-to-Perm) and renovation loans, ensuring alignment with FNMA, FHLMC, FHA, VA, and investor guidelines.
Analyze borrower credit profiles, income documentation, tax returns, and property-related data to determine eligibility and risk.
Issue credit decisions (approve, suspend, or decline) based on internal overlays and secondary market requirements.
Perform detailed condition reviews and assess resubmitted loan files for compliance and completeness.
Maintain accurate documentation and system records within the loan origination platform (e.g., Encompass).
Communicate underwriting decisions clearly and effectively with internal stakeholders to support file progression.
Ensure production quality standards and turnaround timelines are consistently met.

Requirements:

Minimum 5+ years of mortgage underwriting experience, including direct experience with construction and renovation loan products.
Strong knowledge of FNMA, FHLMC, FHA, VA, Bond, 203k, and related investor guidelines.
Government underwriting experience preferred, including CHUMS and/or SAR designation.
Direct Endorsement (DE) and/or LAPP/SAR certification strongly preferred.
Advanced ability to analyze complex income structures, including tax returns and self-employed borrower scenarios.
Excellent communication skills, both written and verbal, with the ability to explain underwriting decisions clearly.
Strong analytical, organizational, and problem-solving skills with high attention to detail.
Ability to work independently in a fast-paced, deadline-driven remote environment.

Benefits:

Competitive compensation starting at $100k+ DOE
Fully remote work arrangement within the United States
Opportunity to specialize in construction and renovation mortgage underwriting
Exposure to a wide range of government and conventional loan programs
Collaborative, fast-paced, and performance-driven work environment
Career growth potential within a specialized lending division
Standard employment benefits (healthcare, retirement options, and paid time off, depending on eligibility).

Banking pay context

Based on 1,733 disclosed Banking salaries on RoleSuite, the role pays a median of $61K/year, with most offers between $48K and $90K (10th–90th percentile: $40K–$133K).

This posting lists $100K–$100K, above the $61K market median.

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Renovation and Construction Underwriter

Accountabilities:

Requirements:

Benefits:

Banking pay context

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