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Collateral Underwriter Jobs (NOW HIRING)

CrossCountry Mortgage

Collateral Underwriter

The Collateral Underwriter is responsible for the assessment of all subject collateral originated though the retail platform for conventional loans. Job Responsibilities: * Analyze, evaluate, and ...

Crosscountrymortgage

Collateral Underwriter

The Collateral Underwriter is responsible for the assessment of all subject collateral originated though the retail platform for conventional loans. Job Responsibilities: * Analyze, evaluate, and ...

AmeriSave Mortgage Corp.

Review and underwrite residential real estate appraisals to ensure compliance with investor, agency ... Identify valuation concerns, appraisal deficiencies, and potential collateral risk factors ...

Southstar Capital LLC

Underwriter

Mount Pleasant, SC · On-site

Factoring Underwriter Location: Charleston, SC About the Role We are seeking an experienced ... Evaluate collateral quality, with an emphasis on accounts receivable verification, debtor ...

CPCU/SFCU

Consumer Loan Underwriter

Norwich, CT · On-site

Responsibilities are carried out in compliance with Credit Union lending policies, pricing and loan program guidelines, regulatory requirements, and established credit and collateral underwriting ...

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Collateral Underwriter information

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$32.5K

$78.9K

$139.5K

How much do collateral underwriter jobs pay per year?

As of Aug 27, 2026, the average yearly pay for collateral underwriter in the United States is $78,878.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,000.00 and $87,000.00 per year, depending on experience, location, and employer.

What is a collateral underwriter?

A Collateral Underwriter is responsible for evaluating the value and risk associated with real estate used as loan collateral. They analyze appraisal reports, market trends, and regulatory guidelines to ensure accuracy and compliance. Their role helps lenders mitigate risks by determining whether a property's valuation supports the loan amount. Strong analytical skills and knowledge of underwriting guidelines are essential for this position.

What skills and qualifications are needed to be a collateral underwriter?

To thrive as a Collateral Underwriter, a solid background in real estate valuation, risk analysis, and loan underwriting—often supported by a bachelor’s degree in finance, business, or a related field—is essential. Familiarity with industry-standard appraisal software, loan origination systems (LOS), and knowledge of regulatory guidelines like USPAP and FNMA/FHLMC standards are typically required. Strong analytical thinking, attention to detail, and effective written and verbal communication skills help set top performers apart. These skills ensure accurate collateral evaluation, sound risk mitigation, and smooth collaboration with loan officers, appraisers, and compliance teams.

What challenges do collateral underwriters face and how are they addressed?

Collateral Underwriters often encounter challenges such as complex property valuations, incomplete or inconsistent documentation, and tight deadlines for loan approvals. Addressing these issues typically involves close collaboration with appraisers, borrowers, and internal teams to gather accurate data and ensure thorough due diligence. Utilizing up-to-date technology and maintaining a strong understanding of market conditions and regulatory changes can help underwriters make informed decisions. Developing excellent organizational and communication skills also aids in managing workflow and resolving issues efficiently. Being proactive and adaptable is key to overcoming day-to-day hurdles in this important risk management role.

Is it hard to become a collateral underwriter?

Becoming a collateral underwriter typically requires a bachelor's degree in finance, real estate, or a related field, along with strong analytical skills and knowledge of loan and collateral evaluation. Gaining experience through internships or entry-level positions in lending or underwriting can also be helpful; certifications like the Certified Commercial Investment Member (CCIM) may enhance prospects. The role involves detailed analysis and attention to detail, but the difficulty varies based on individual background and training.
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Collateral Underwriter jobs near you
Infographic showing various Collateral Underwriter job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 86% In-person, and 14% Hybrid job distribution, with an average salary of $78,878 per year, or $37.9 per hour.

Collateral Underwriter

Remote

CrossCountry Mortgage
Finance and Insurance • 5 - 10K employees

7.4

Company rating: 7.4 out of 10

Based on 27 frontline employees who took The Breakroom Quiz

People enjoy working here

Good employer

Recommended by parents

Learn more about CrossCountry Mortgageexternal

Full-time

Medical, Dental, Vision, Retirement

Re-posted 5 days ago

Job description

CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 9,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest-growing private businesses and has received many awards for our standout culture.
A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You'll get unwavering support from all departments and total transparency from the top down.
CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program.
Position Overview:
The Collateral Underwriter is responsible for the assessment of all subject collateral originated though the retail platform for conventional loans.
Job Responsibilities:
  • Analyze, evaluate, and decision appraisal reports in accordance with all agency and investor guidelines and standards.
  • Complete comprehensive collateral reviews in a timely manner to meet service level expectations.
  • Maintain a pipeline and communicate issues to Appraisers, Processor, and Originators.
  • Remain informed and current on all agency and investor guidelines and updates.
  • Exercise delegated lending authority to render final underwriting decisions, including loan approvals, suspensions, and denials, while ensuring compliance with regulatory and investor requirements.
  • Maintain a high level of customer service.
  • Collaborate with the Post Closing Department on any stipulations for closed files.
  • Perform other duties as assigned.

Qualifications and Skills:
  • 3 years' mortgage underwriting experience.
  • Experience in collateral underwriting, preferred.
  • Working knowledge of all agency and investor underwriting policies.
  • Excellent prioritization and time management skills.
  • Excellent communication and customer service skills.
  • Advanced analytical skills.
  • Proficient in Microsoft Office Suite.

This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.
CrossCountry Mortgage, LLC offers MORE than a job, we offer a career. Apply now to begin your path to success! careersatccm.com
CrossCountry Mortgage, LLC strives to provide employees with a robust benefit package: https://mycrosscountrybenefits.com
California residents: Please see CrossCountry's privacy statement for information about how CrossCountry collects and uses personal information about California applicants.
CrossCountry Mortgage supports equal employment opportunity in hiring, development and advancement for all qualified persons without regard to race, color, religion, religious creed, national origin, age, physical or mental disability, ancestry, marital status, uniformed service, covered veteran status, citizenship status, sex (including pregnancy, childbirth, and related medical conditions, and lactation), sexual orientation, gender identity, gender expression, transgender status, domestic violence victim status (where applicable), protected hair style or texture, genetic information (testing or characteristics), or any other protected status of an individual or because of the individual's association with a member of a protected group or any other characteristic protected by federal, state, or local law ("Protected Characteristics"). The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation. The Company is committed to fostering, cultivating and preserving a culture that welcomes diversity and inclusion.
CrossCountry Mortgage, LLC (NMLS3029) is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. To verify licensing, please visit www.NMLSConsumerAccess.org

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