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Contract Reverse Mortgage Underwriter Jobs (NOW HIRING)

VyStar Credit Unions

$108K/yr

Senior Mortgage Underwriter Accountability Statement: The Senior Mortgage Underwriter is ... Disclaimers and Work Environment Nothing in this position description is an implied contract for ...

Longbridge Financial

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 ...

Longbridge Financial

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 ...

Longbridge Financial

Reverse Mortgage Funder

Mahwah, NJ · On-site

... reverse mortgage business. We are looking for a detail oriented Mortgage Funder to review loan ... Determine all underwriting pre-funding and pre-purchase conditions have been satisfied * Complete ...

Longbridge Financial

Reverse Mortgage Funder

Mahwah, NJ · On-site

... reverse mortgage business. We are looking for a detail oriented Mortgage Funder to review loan ... Determine all underwriting pre-funding and pre-purchase conditions have been satisfied * Complete ...

Bethpage

First Mortgage Underwriter

Bethpage, NY · On-site

$40.42 - $48.50/hr

What You'll Do The First Mortgage Underwriter role will be responsible for examining, evaluating ... contract dates and escalations. * Participate in quality control reviews, audits, and post-closing ...

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Contract Reverse Mortgage Underwriter information

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$17

$29

$54

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

As of Sep 15, 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.

How to become a contract reverse mortgage underwriter?

To become a contract reverse mortgage underwriter, candidates typically need a background in mortgage lending, finance, or related fields, along with knowledge of reverse mortgage products and underwriting guidelines. Certification such as the National Reverse Mortgage Lenders Association (NRMLA) certification can enhance prospects, and strong analytical skills are essential for evaluating borrower eligibility and property values. Experience with loan processing software and adherence to federal regulations are also important for success in this role.

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:

What are popular job titles related to Contract Reverse Mortgage Underwriter jobs?

For Contract Reverse Mortgage Underwriter jobs, the most frequently searched job titles are:

Contract Reverse Mortgage Underwriter jobs near you
Infographic showing various Contract Reverse Mortgage Underwriter job openings in the United States as of September 2026, with employment types broken down into 93% Full Time, 5% Part Time, and 2% Contract. Highlights an 82% Physical, 3% Hybrid, and 15% Remote job distribution, with an average salary of $61,902 per year, or $29.8 per hour.

Senior Mortgage Underwriter

On-site

VyStar Credit Unions
See more jobs at VyStar Credit Unionsexternal

$108K/yr

Other

Posted 27 days ago

Key responsibilities

  • Review loan files to ensure compliance with lender and government guidelines.

  • Validate borrower documentation including income, credit, assets, title, and fraud reports.

  • Analyze loan files to determine borrower creditworthiness and re-underwrite loans when additional information is received.

Job description

Senior Mortgage Underwriter

Accountability Statement:
The Senior Mortgage Underwriter is responsible for evaluating various types of mortgage loan applications, including conventional (Fannie Mae and Freddie Mac), FHA, VA, equity, construction-to-perm, renovation-to-perm, and specialty programs. Must have strong understanding of standard concepts, practices, and procedures of residential underwriting and is able to ensure the loan meets agency requirements for soundness, salability, and insurability.

Essential Responsibilities
  • Review loan files to determine compliance with lender credit underwriting guidelines as well as government guidelines.
  • Review and validate borrower(s): income (including complex business and personal tax returns), credit, asset documentation, title and fraud reports.
  • Analyze loan files to determine creditworthiness of borrower.
  • Prioritize and manage files among new submissions, documents, and funding.
  • Work as a team with loan officers and other professionals to ensure file completeness.
  • Review government appraisal to ensure the value of the property is accurately presented.
  • Maintain production standard goals as established by management.
  • Re-underwrite loans when additional information has been received.
  • Be proactive in researching general underwriting scenarios and guidelines to stay up to date.
  • Consistently adhere to VyStar core values and Code of Ethics and act in accordance with Corporate defined values and ethics.
  • Consistently demonstrate VyStar Excellence by providing service to the membership, Credit Union employees, and third‑party vendors.
  • Understand mortgage department goals as well as Credit Union goals and pro‑actively work toward attainment of those goals.
  • Identify and make recommendations to Mortgage Underwriting Supervisor, AVP Mortgage Underwriting, and VP Mortgage Credit regarding process improvements, quality service, and increased efficiencies within the processing unit.
  • Perform activities and projects as assigned and requested by senior management.
  • Perform in accordance with established guidelines/benchmarks in relation to acceptable/reasonable delinquency and loss ratios.
  • Perform other duties as assigned.
Job Qualifications
  • Education: High School Diploma or GED required; Bachelor’s degree preferred.
  • Certifications: Active Direct Endorsement (DE) and Computerized Homes Underwriting Management Systems (CHUMS). Active in VA Lender Appraisal Processing Program (LAPP) and certified as a Staff Appraisal Reviewer (SAR) for VA loans.
  • Experience: 5+ years in a mortgage underwriting role, including conventional (Fannie Mae and Freddie Mac), FHA, VA, equity, construction‑to‑perm, renovation‑to‑perm, and specialty program underwriting.
  • Knowledge, Skills, and Abilities: Strong analytical and decision‑making/problem‑solving skills; working knowledge of ATR/QM (Ability to Repay/Qualified Mortgage Rules) requirements; Encompass Loan Origination System (LOS) experience preferred; detailed‑oriented and self‑motivated; positive, well‑developed communication skills, both written and verbal; ability to work in a fast‑paced environment and with others; professional conduct and appearance; intermediate technical skill within Microsoft Office suite.
Disclaimers and Work Environment

Nothing in this position description is an implied contract for employment. The position description is intended to be an accurate account of the essential functions. The functions are not all encompassing and are subject to change at any time by management. The work environment characteristics described are representative of those that an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. As required or requested, the employee may exert up to 20 pounds of force occasionally and/or a negligible amount of force constantly to lift, carry, push, pull or otherwise move objects.

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