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Collateral Underwriter Jobs in Oregon (NOW HIRING)

Lendz Financial

Underwriter (Post-Close/QC)

OR · Remote

Coordinate with Closing, Processing, Underwriting, Account Management, and external settlement ... Ensure collateral files are complete, accurately imaged, and prepared for investor purchase and ...

PNC Bank

Underwriter IV- LIHTC/Tax Credit

Portland, OR · On-site

$91K - $202K/yr

... collateral strength and financial worthiness of loan/transaction parties. If relevant, performs ... Coaches and/or reviews the work of other underwriters and fills in for manager as required.

Bank of America

Credit UW I-II or Senior

Portland, OR · On-site

$88K - $187K/yr

As an Underwriter on the Global Commercial Banking credit team, you will be responsible for ... Collateral Management * Loan Structuring * Prioritization Required Qualifications: * BA/BS degree ...

Impact Payments Recruiting (formally CSH Consulting)

OR

Monitor Commercial Loan Maturity Reports so as to evaluate the necessary steps, as well as financial and collateral information needed to be obtained from the client to underwrite renewals. * Monitor ...

Impact Payments Recruiting

... collateral information needed to be obtained from the client to underwrite renewals. *Monitor and participate in the collection efforts of Commercial Loan Officers to assure the timely collection of ...

US Bank

SBA Credit Analyst 6

Gresham, OR

This includes evaluating borrower eligibility, repayment capacity, collateral adequacy, and ... Works closely with lending, underwriting, servicing, and portfolio management teams to support SBA ...

U.S. Bank

SBA Credit Analyst 6

Gresham, OR · On-site

This includes evaluating borrower eligibility, repayment capacity, collateral adequacy, and ... Works closely with lending, underwriting, servicing, and portfolio management teams to support SBA ...

Hylant

OR

Monitoring ofcapital and surplus, cash flow, investments, collateral, and other financial metrics. * Review of accounting treatments, claims bordereaux, and underwriting performance. * Support for ...

Upstart

OR

Execute loan-level quality reviews across secured lending originations, assessing documentation completeness, underwriting accuracy, eligibility adherence, collateral quality, and other salability ...

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All JobsCollateral Underwriter JobsCollateral Underwriter Jobs in Oregon

Collateral Underwriter information

See Oregon salary details

$34.4K

$83.4K

$147.5K

How much do collateral underwriter jobs pay per year?

As of Aug 1, 2026, the average yearly pay for collateral underwriter in Oregon is $83,397.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,500.00 and $92,000.00 per year, depending on experience, location, and employer.

Do I need a degree to be a loan underwriter?

A degree is not strictly required to become a collateral underwriter, but many employers prefer candidates with a bachelor's degree in finance, real estate, or related fields. Relevant skills such as knowledge of appraisal processes, financial analysis, and familiarity with underwriting software are also important for the role.

What are red flags for underwriters?

Red flags for collateral underwriters include inconsistent or incomplete documentation, discrepancies in property or borrower information, and signs of potential fraud or misrepresentation. These issues can indicate higher risk and may require further investigation or additional collateral review. Attention to detail and thorough analysis are essential to identify such red flags effectively.

What are some typical challenges faced by Collateral Underwriters, 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.

What is the highest paying underwriting job?

Senior or executive-level underwriting roles, such as Chief Underwriting Officer or Vice President of Underwriting, tend to be the highest paying in the industry. These positions require extensive experience, leadership skills, and often involve overseeing large portfolios or strategic decision-making, resulting in higher compensation compared to entry- or mid-level underwriting jobs.

What is a Collateral Underwriter job?

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 are the key skills and qualifications needed to thrive in the Collateral Underwriter position, and why are they important?

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 does a collateral underwriter do?

A collateral underwriter evaluates the value and risk of collateral assets, such as real estate or equipment, to determine their adequacy for securing a loan. They review appraisal reports, financial documents, and property details, often using specialized software, to ensure the collateral meets lending criteria and mitigate risk for lenders.
What are the most commonly searched types of Collateral Underwriter jobs in Oregon? The most popular types of Collateral Underwriter jobs in Oregon are:
What are popular job titles related to Collateral Underwriter jobs in Oregon? For Collateral Underwriter jobs in Oregon, the most frequently searched job titles are:
What job categories do people searching Collateral Underwriter jobs in Oregon look for? The top searched job categories for Collateral Underwriter jobs in Oregon are:
Collateral Underwriter jobs near you
Infographic showing various Collateral Underwriter job openings in Oregon as of July 2026, with employment types broken down into 93% Full Time, 5% Part Time, 1% Contract, and 1% Nights. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $83,397 per year, or $40.1 per hour.

Underwriter (Post-Close/QC)

Lendz Financial

OR • Remote

Other

Medical, Dental, Vision, Retirement, PTO

Posted 18 days ago

Job description

About the Role

Lendz Financial is seeking an experienced and detail-oriented Post-Closing Underwriter to join our growing Operations team. This role is designed for a mortgage professional with a strong understanding of loan documentation, post-closing processes, and investor delivery requirements who can ensure loans are accurately completed, purchased, and delivered with the highest level of quality and efficiency.

Rather than serving solely as an administrative reviewer, this individual will play a critical role in protecting loan salability, maintaining file integrity, and supporting operational excellence throughout the post-closing lifecycle. The ideal candidate brings a thorough understanding of residential mortgage documentation-particularly within Non-QM lending-and can proactively identify and resolve issues that may impact investor purchase, compliance, or collateral completeness.

This is a fully remote position, within a collaborative, high-accountability environment that values ownership, continuous improvement, and professional growth.

What You'll Do

  • Conduct detailed post-closing reviews of residential mortgage loan files to ensure accuracy, completeness, and salability
  • Review executed loan documents for compliance with company, investor, agency, and regulatory requirements
  • Audit closed loan packages to identify missing documentation, document discrepancies, signature deficiencies, and data inconsistencies
  • Coordinate with Closing, Processing, Underwriting, Account Management, and external settlement partners to obtain required corrections and trailing documents
  • Manage post-closing conditions and clear outstanding deficiencies in a timely manner
  • Ensure collateral files are complete, accurately imaged, and prepared for investor purchase and delivery
  • Review final loan documentation for adherence to product guidelines, closing instructions, and internal policies
  • Monitor and track trailing documents, including recorded mortgages, final title policies, assignments, and other collateral-related items
  • Assist with investor purchase suspense resolution and respond to post-purchase documentation requests
  • Support loan boarding, shipping, and investor delivery processes as applicable
  • Maintain accurate records of post-closing activity, exception tracking, and document status reporting
  • Partner cross-functionally with Operations, Underwriting, Secondary Marketing, Compliance, and Quality Control teams to resolve file-level issues efficiently
  • Identify recurring documentation or process deficiencies and provide recommendations for operational improvements
  • Support internal audits, due diligence reviews, regulatory examinations, and investor inquiries as needed
  • Stay current on Non-QM product requirements, investor guidelines, and applicable federal and state regulations
  • Contribute to a collaborative team environment focused on accountability, operational excellence, and continuous improvement

What We're Looking For

  • 3+ years of mortgage underwriting, post-closing, closing, collateral, funding, quality control, or related mortgage operations experience
  • Strong understanding of residential mortgage loan documentation and post-closing workflows
  • Experience reviewing closed loan packages for accuracy, completeness, and investor compliance
  • Familiarity with Non-QM loan products, including Bank Statement programs, DSCR, Asset Utilization, and 1099 income loans
  • Working knowledge of mortgage compliance regulations, including TRID, RESPA, ECOA, ATR/QM, and applicable federal and state requirements
  • Understanding of collateral management, trailing document processes, investor delivery requirements, and loan salability standards
  • Ability to identify documentation deficiencies, assess materiality, and resolve issues efficiently
  • Excellent organizational skills with strong attention to detail and accuracy
  • Strong written and verbal communication skills, with the ability to work effectively across multiple departments and external partners
  • Ability to manage multiple priorities and deadlines in a fast-paced environment
  • High level of accountability, professionalism, and ownership
  • Experience with mortgage loan origination systems, document management platforms, and Microsoft Office Suite
  • Previous experience with Non-QM lending, investor delivery, collateral review, or quality control preferred

What We Offer

  • Highly subsidized medical insurance
  • Low-cost dental and vision insurance
  • 401(k) program
  • Health Savings Account (HSA)
  • Generous paid time off and company holidays
  • Ongoing training, mentorship, and professional development opportunities
  • A collaborative and supportive work environment that values ownership, innovation, and growth

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