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Contract Reverse Mortgage Underwriter Jobs (NOW HIRING)

... contracts, title, insurance and/or other supporting documentation to decision loans within ... of mortgage lending regulations, underwriting guidelines, unique product types (bond, jumbo ...

... contracts, title, insurance and/or other supporting documentation to decision loans within ... of mortgage lending regulations, underwriting guidelines, unique product types (bond, jumbo ...

... contracts, title, insurance and/or other supporting documentation to decision loans within ... of mortgage lending regulations, underwriting guidelines, unique product types (bond, jumbo ...

... contracts, title, insurance and/or other supporting documentation to decision loans within ... of mortgage lending regulations, underwriting guidelines, unique product types (bond, jumbo ...

... contracts, title, insurance and/or other supporting documentation to decision loans within ... of mortgage lending regulations, underwriting guidelines, unique product types (bond, jumbo ...

Reverse Mortgage Processor

Mahwah, NJ · On-site

$40K - $55K/yr

... the reverse mortgage business. If you are interested in taking the next step in your career and ... File gathering and submission to underwriting. Clear loan conditions for final approval to submit ...

Reverse Mortgage Processor

Mahwah, NJ · On-site

$40K - $55K/yr

... the reverse mortgage business. If you are interested in taking the next step in your career and ... File gathering and submission to underwriting. Clear loan conditions for final approval to submit ...

The Mortgage Underwriter III renders a final decision (e.g., approval, disapproval, approval with ... Meet rules, obligations, timelines, and deadlines to comply with company policy, contracts ...

Showing results 41-60

Contract Reverse Mortgage Underwriter information

See salary details

$17

$29

$54

How much do contract reverse mortgage underwriter jobs pay per hour?

As of Aug 10, 2026, the average hourly pay for contract reverse mortgage underwriter in the United States is $29.76, according to ZipRecruiter salary data. Most workers in this role earn between $19.71 and $34.62 per hour, depending on experience, location, and employer.

What is the difference between Contract Reverse Mortgage Underwriter vs Reverse Mortgage Loan Processor?

AspectContract Reverse Mortgage UnderwriterReverse Mortgage Loan Processor
Primary RoleReviews and approves reverse mortgage applications based on guidelinesPrepares and processes loan applications, gathers documents
CredentialsTypically requires underwriting certifications, mortgage licensingRequires loan processing experience, mortgage licensing
Work EnvironmentOften remote or contract-based, financial institutionsOffice or remote, mortgage companies or banks
Industry UsageCommonly used in mortgage lending industryUsed in mortgage loan origination process

The Contract Reverse Mortgage Underwriter focuses on evaluating and approving reverse mortgage applications, ensuring compliance with guidelines. In contrast, the Reverse Mortgage Loan Processor handles the initial application process, gathering necessary documents. Both roles are essential in the mortgage industry but differ in responsibilities and focus areas.

More about Contract Reverse Mortgage Underwriter jobs
What cities are hiring for Contract Reverse Mortgage Underwriter jobs? Cities with the most Contract Reverse Mortgage Underwriter job openings:
What are the most commonly searched types of Reverse Mortgage Underwriter jobs? The most popular types of Reverse Mortgage Underwriter jobs are:
What states have the most Contract Reverse Mortgage Underwriter jobs? States with the most job openings for Contract Reverse Mortgage Underwriter jobs include:
Infographic showing various Contract Reverse Mortgage Underwriter job openings in the United States as of August 2026, with employment types broken down into 86% Full Time, 6% Part Time, and 8% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $61,902 per year, or $29.8 per hour.

Mortgage Underwriter

First Horizon Bank

Baton Rouge, LA • On-site

Full-time

Medical, Dental, Vision, Retirement

Re-posted 15 days ago


First Horizon Bank rating

8.3

Company rating: 8.3 out of 10

Based on 31 frontline employees who took The Breakroom Quiz

39th of 170 rated banks


Job description

Location: On site in Charlotte, NC, Miami Lakes, FL, Plano, TX, Houston, TX, Birmingham, AL or Baton Rouge, LA.

Summary:

Underwrites residential mortgage loan applications according to agency, investor, regulatory and internal First Horizon guidelines. Analyzes all aspects of the loan application and supporting documentation to make prudent credit decisions which maximize organizational profit and minimize risk or loss. Provide quality and timely customer service to internal and external customers.

Essential Duties and Responsibilities:

• Independently evaluate a variety of complex residential mortgage credit applications, credit bureau information, collateral valuation, complicated tax returns, financial statements, sales contracts, title, insurance and/or other supporting documentation to decision loans within designated authority levels by way of automated underwriting tools.
• Review and evaluate loan viability and identify risk issues and potential fraud.
• Comply with bank policies and procedures, regulatory requirements, and investor/internal guidelines.
• Effectively communicate with sales and operations partners regarding loan approvals, condition clarifications, deficiencies, and denials.
• Respond to audits and post-closing issues in a timely manner.
• Proactively manage an individual loan pipeline daily, prioritizing files and ensuring loan closing dates are met as well as company turn-time standards.
• Collaborate with team members using underwriting guideline knowledge to identify potential solutions for denied loan files and issue counteroffers when applicable.
• Mentor less experienced underwriters and provide second level reviews for training files.
• Perform other duties as assigned.

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty
satisfactorily. Additionally, the qualifications listed below are representative of the knowledge,
skills, and/or abilities required in this position:
• Thorough understanding of mortgage lending regulations, underwriting guidelines, unique product types (bond, jumbo, portfolio) and the residential mortgage loan process.
• Excellent verbal and written communication skills, including ability to concisely articulate the borrower’s financial profile and associated risks.
• Ability to prioritize work and meet tight timelines
• Ability to partner and collaborate with a team of peers and management
• Government lending credentials, including FHA Direct Endorsement and VA SAR or equivalent non-QM, manual underwriting experience

About Us
First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.

Benefit Highlights
• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits
 

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