Underwriter
El Monte, CA · On-site
$42/hr
The Mortgage Underwriter will be responsible for underwriting FHA and Conventional loans. The position requires that the candidate have the ability to clearly communicate underwriting decisions and ...
Underwriter
El Monte, CA · On-site
$42/hr
The Mortgage Underwriter will be responsible for underwriting FHA and Conventional loans. The position requires that the candidate have the ability to clearly communicate underwriting decisions and ...
Mortgage Underwriter
Cincinnati, OH · On-site
Minimum 24-36 months of conventional mortgage underwriting/QA/QC experience * Knowledge of the full loan cycle (from beginning to end) * Strong understanding of Desktop Underwriter (DU) and Loan ...
Quick apply
Mortgage Underwriter
Cincinnati, OH · On-site
Minimum 24-36 months of conventional mortgage underwriting/QA/QC experience * Knowledge of the full loan cycle (from beginning to end) * Strong understanding of Desktop Underwriter (DU) and Loan ...
Mortgage Underwriter
Frisco, TX · Hybrid
You'll review and assess Conventional and FHA loan applications using independent credit judgment ... The ideal candidate brings recent mortgage underwriting and demonstrated expertise analyzing ...
Mortgage Underwriter
Frisco, TX · Hybrid
You'll review and assess Conventional and FHA loan applications using independent credit judgment ... The ideal candidate brings recent mortgage underwriting and demonstrated expertise analyzing ...
Underwriter
Sandy, UT · On-site +1
$36 - $42.27/hr
... including Conventional and FHA loans required. Experience underwriting non-QM and portfolio loans preferred. Education A high school diploma or equivalent is required. A Bachelor's degree is ...
Underwriter
Sandy, UT · On-site +1
$36 - $42.27/hr
... including Conventional and FHA loans required. Experience underwriting non-QM and portfolio loans preferred. Education A high school diploma or equivalent is required. A Bachelor's degree is ...
Other Skills -Full understanding of FHA, VA and conventional underwriting requirements-Working knowledge of financial statements, credit reports, tax returns and appraisals.-Knowledge of lending ...
Other Skills -Full understanding of FHA, VA and conventional underwriting requirements-Working knowledge of financial statements, credit reports, tax returns and appraisals.-Knowledge of lending ...
Senior Underwriter
Grand Rapids, MI · Remote
$70K/yr
Medical
Dental
Vision
Life
Retirement
We're hiring a Senior Underwriter to underwrite a full range of mortgage loans, including government, bond, and conventional products, while ensuring compliance with investor and internal guidelines.
Quick apply
Senior Underwriter
Grand Rapids, MI · Remote
$70K/yr
Medical
Dental
Vision
Life
Retirement
We're hiring a Senior Underwriter to underwrite a full range of mortgage loans, including government, bond, and conventional products, while ensuring compliance with investor and internal guidelines.
Senior Underwriter
Grand Rapids, MI · On-site
$70K/yr
Medical
Dental
Vision
Life
Retirement
We're hiring a Senior Underwriter to underwrite a full range of mortgage loans, including government, bond, and conventional products, while ensuring compliance with investor and internal guidelines.
Senior Underwriter
Grand Rapids, MI · On-site
$70K/yr
Medical
Dental
Vision
Life
Retirement
We're hiring a Senior Underwriter to underwrite a full range of mortgage loans, including government, bond, and conventional products, while ensuring compliance with investor and internal guidelines.
Senior Underwriter
Grand Rapids, MI · On-site
$94K - $111K/yr
Medical
Dental
Vision
Life
Retirement
We're hiring a Senior Underwriter to underwrite a full range of mortgage loans, including government, bond, and conventional products, while ensuring compliance with investor and internal guidelines.
Senior Underwriter
Grand Rapids, MI · On-site
$94K - $111K/yr
Medical
Dental
Vision
Life
Retirement
We're hiring a Senior Underwriter to underwrite a full range of mortgage loans, including government, bond, and conventional products, while ensuring compliance with investor and internal guidelines.
Other Skills -Full understanding of FHA, VA and conventional underwriting requirements-Working knowledge of financial statements, credit reports, tax returns and appraisals.-Knowledge of lending ...
Other Skills -Full understanding of FHA, VA and conventional underwriting requirements-Working knowledge of financial statements, credit reports, tax returns and appraisals.-Knowledge of lending ...
Mortgage Loan Underwriter
Stuart, FL · On-site
Underwrite conventional and government loan products (FNMA, Freddie Mac, FHA, VA, USDA/Rural Development, and applicable portfolio or specialty programs) with a focus on investment‑quality and ...
Quick apply
Mortgage Loan Underwriter
Stuart, FL · On-site
Underwrite conventional and government loan products (FNMA, Freddie Mac, FHA, VA, USDA/Rural Development, and applicable portfolio or specialty programs) with a focus on investment‑quality and ...
Underwrite conventional and government loan products (FNMA, Freddie Mac, FHA, VA, USDA/Rural Development, and applicable portfolio or specialty programs) with a focus on investmentquality and salable ...
Underwrite conventional and government loan products (FNMA, Freddie Mac, FHA, VA, USDA/Rural Development, and applicable portfolio or specialty programs) with a focus on investmentquality and salable ...
Underwrite conventional and government loan products (FNMA, Freddie Mac, FHA, VA, USDA/Rural Development, and applicable portfolio or specialty programs) with a focus on investmentquality and salable ...
Underwrite conventional and government loan products (FNMA, Freddie Mac, FHA, VA, USDA/Rural Development, and applicable portfolio or specialty programs) with a focus on investmentquality and salable ...
Mortgage Loan Underwriter
Miami, FL · On-site
Underwrite conventional and government loan products (FNMA, Freddie Mac, FHA, VA, USDA/Rural Development, and applicable portfolio or specialty programs) with a focus on investment-quality and ...
Mortgage Loan Underwriter
Miami, FL · On-site
Underwrite conventional and government loan products (FNMA, Freddie Mac, FHA, VA, USDA/Rural Development, and applicable portfolio or specialty programs) with a focus on investment-quality and ...
Underwrite conventional and government loan products (FNMA, Freddie Mac, FHA, VA, USDA/Rural Development, and applicable portfolio or specialty programs) with a focus on investmentquality and salable ...
Underwrite conventional and government loan products (FNMA, Freddie Mac, FHA, VA, USDA/Rural Development, and applicable portfolio or specialty programs) with a focus on investmentquality and salable ...
Mortgage Loan Underwriter
Miami, FL · On-site
Underwrite conventional and government loan products (FNMA, Freddie Mac, FHA, VA, USDA/Rural Development, and applicable portfolio or specialty programs) with a focus on investment‑quality and ...
Quick apply
Mortgage Loan Underwriter
Miami, FL · On-site
Underwrite conventional and government loan products (FNMA, Freddie Mac, FHA, VA, USDA/Rural Development, and applicable portfolio or specialty programs) with a focus on investment‑quality and ...
Underwrite conventional and government loan products (FNMA, Freddie Mac, FHA, VA, USDA/Rural Development, and applicable portfolio or specialty programs) with a focus on investmentquality and salable ...
Underwrite conventional and government loan products (FNMA, Freddie Mac, FHA, VA, USDA/Rural Development, and applicable portfolio or specialty programs) with a focus on investmentquality and salable ...
Underwrite conventional and government loan products (FNMA, Freddie Mac, FHA, VA, USDA/Rural Development, and applicable portfolio or specialty programs) with a focus on investmentquality and salable ...
Underwrite conventional and government loan products (FNMA, Freddie Mac, FHA, VA, USDA/Rural Development, and applicable portfolio or specialty programs) with a focus on investmentquality and salable ...
Underwrite conventional and government loan products (FNMA, Freddie Mac, FHA, VA, USDA/Rural Development, and applicable portfolio or specialty programs) with a focus on investmentquality and salable ...
Underwrite conventional and government loan products (FNMA, Freddie Mac, FHA, VA, USDA/Rural Development, and applicable portfolio or specialty programs) with a focus on investmentquality and salable ...
Underwrite conventional and government loan products (FNMA, Freddie Mac, FHA, VA, USDA/Rural Development, and applicable portfolio or specialty programs) with a focus on investmentquality and salable ...
Underwrite conventional and government loan products (FNMA, Freddie Mac, FHA, VA, USDA/Rural Development, and applicable portfolio or specialty programs) with a focus on investmentquality and salable ...
Senior Underwriter
Rochester, NY · On-site
$43.26 - $48.08/hr
Underwrite Conventional and Government (FHA, VA, USDA) residential mortgage loans for sale in the secondary market, as well as Non-QM, GRB Portfolio Loans, Construction loans, and home equity lines ...
Senior Underwriter
Rochester, NY · On-site
$43.26 - $48.08/hr
Underwrite Conventional and Government (FHA, VA, USDA) residential mortgage loans for sale in the secondary market, as well as Non-QM, GRB Portfolio Loans, Construction loans, and home equity lines ...
Conventional Underwriter information
See salary details
$32.69 - $33.46
2% of jobs
$33.46 - $34.22
2% of jobs
$34.22 - $34.99
3% of jobs
$34.99 - $35.75
2% of jobs
$35.75 - $36.52
8% of jobs
$36.82 is the 25th percentile. Wages below this are outliers.
$36.52 - $37.28
18% of jobs
The median wage is $37.82 / hr.
$37.28 - $38.05
20% of jobs
$38.05 - $38.81
18% of jobs
$38.89 is the 75th percentile. Wages above this are outliers.
$38.81 - $39.58
13% of jobs
$39.58 - $40.34
7% of jobs
$40.34 - $41.11
6% of jobs
$32
$37
$41
How much do conventional underwriter jobs pay per hour?
As of Aug 14, 2026, the average hourly pay for conventional underwriter in the United States is $37.82, according to ZipRecruiter salary data. Most workers in this role earn between $36.78 and $38.94 per hour, depending on experience, location, and employer.
What are the key skills and qualifications needed to thrive as a conventional underwriter?
To thrive as a Conventional Underwriter, you need a solid understanding of mortgage lending guidelines, risk assessment, and financial analysis, typically supported by a background in finance or relevant certifications like DE or SAR. Familiarity with loan origination systems (LOS), automated underwriting systems (AUS) such as DU and LP, and proficiency in spreadsheet software are commonly required. Attention to detail, strong decision-making, and effective communication are essential soft skills for evaluating complex loan files and collaborating with loan officers. These abilities ensure accurate risk assessment, regulatory compliance, and timely processing of loan applications, which are critical for successful mortgage operations.
What is the difference between Conventional Underwriter vs FHA Underwriter?
| Aspect | Conventional Underwriter | FHA Underwriter |
|---|---|---|
| Certifications | Typically requires mortgage underwriting certifications | Same certifications often required |
| Work Environment | Works for banks, lenders, and mortgage companies | Works for FHA-approved lenders and agencies |
| Industry Usage | Common in private mortgage lending | Specific to FHA loan programs |
| Loan Types | Conventional loans, conforming loans | FHA loans, government-backed loans |
While both Conventional Underwriters and FHA Underwriters assess mortgage applications, they specialize in different loan types and work within different lending frameworks. Conventional Underwriters handle private, conforming loans, whereas FHA Underwriters focus on government-backed FHA loans. Understanding these differences helps borrowers and lenders navigate the mortgage process effectively.
What are some common challenges faced by conventional underwriters and how can they be managed effectively?
Conventional Underwriters often face challenges such as evaluating complex borrower profiles, keeping up with evolving lending regulations, and managing tight turnaround times for loan approvals. To manage these effectively, it's important to stay updated on current guidelines from agencies like Fannie Mae and Freddie Mac, utilize automated underwriting systems efficiently, and maintain clear communication with loan officers and processors. Building strong analytical skills and being detail-oriented can also help underwriters make informed, compliant decisions while meeting productivity goals.
What is a conventional underwriter?
A Conventional Underwriter is a financial professional who evaluates and approves or denies loan applications, specifically for conventional (non-government-backed) mortgage loans. Their main responsibilities include reviewing borrowers' credit histories, incomes, assets, and property appraisals to ensure the loan meets the lender’s and investor’s guidelines. They play a crucial role in managing risk for lenders by ensuring loans are given to qualified applicants. Conventional Underwriters often work for banks, mortgage companies, or other lending institutions. They also ensure compliance with federal and state regulations during the loan approval process.
More about Conventional Underwriter jobs
What cities are hiring for Conventional Underwriter jobs?
Cities with the most Conventional Underwriter job openings:
What states have the most Conventional Underwriter jobs?
States with the most job openings for Conventional Underwriter jobs include:
What job categories do people searching Conventional Underwriter jobs look for?
The top searched job categories for Conventional Underwriter jobs are:
What are popular job titles related to Conventional Underwriter jobs?
For Conventional Underwriter jobs, the most frequently searched job titles are:
East West Bank rating
7.2
Based on 9 frontline employees who took The Breakroom Quiz
117th of 171 rated banks
Job description
Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement.
Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.
East West Bank is seeking a Mortgage Underwriter. The Mortgage Underwriter will be responsible for underwriting FHA and Conventional loans. The position requires that the candidate have the ability to clearly communicate underwriting decisions and stipulations to sales, processing staff and borrowers.
- Review and evaluate loan documents to ensure accuracy, completeness, and compliance with company standards, federal and agency standards and guidelines, as well as any applicable state-specific and or local regulations, ordinances, etc.
- Analyze customer's loan-to-value ratio, debt-to-income ratio, credit report, application, income and assets, source(s) of down payment funds, and supporting documentation to identify potential fraud or misrepresentation.
- Review appraisals to ensure that loans meet secondary market, investor, and company standards.
- Work with Loan Processors and Loan Officers on collecting information and documentation necessary to finalize incomplete loan packages.
- Determine if additional documentation or information would aid loan decision; request additional documentation or information accordingly.
- Provide options and recommendations to borrowers regarding suitable loan programs.
- Stay abreast of current regulations and industry trends that affect compliance and decision-making.
- Verify that system input is accurate and that company systems match Automated Underwriting System (AUS).
- Use expertise to answer questions and resolve escalated issues from junior-level teammates.
- Perform other duties as assigned.
- May perform other duties as assigned
- High school diploma or equivalent required; college courses/technical training related to Business, Finance/Accounting, Legal, or related field is preferred, along with total recent work experience that includes five or more years underwriting conventional loans.
- Expert-level knowledge of overall mortgage lending processes, including underwriting, funding, and loan processing.
- Expert-level knowledge of valid documentation related to the processing consumer mortgage applications (e.g., tax returns, financial statements and records, verification of income and deposits, etc.).
- Expert-level knowledge of underwriting and regulatory requirements; detailed knowledge of federal, state, and regulatory requirements/guidelines related to consumer mortgage lending and internal processes and controls.
- Ability to think critically, including the ability to evaluate facts and data to draw conclusions, and determine the downstream impact of decisions and associated risks.
- Ability to prioritize multiple tasks in a deadline-driven environment; strong sense of urgency and responsiveness.
- Intermediate math skills.
- Strong verbal and written communication skills.
- Strong detail orientation and highly organized.
- Prior experience using internal data entry systems, Microsoft Word, Excel and PDF/Document Retention programs.
- Experience working within Encompass preferred.
Applicants must have legal authorization to work in the United States. We do not offer visa sponsorship at this time.
The base pay range for this position is USD $20.00/Hr. - USD $42.00/Hr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.
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About East West Bank
Sourced by ZipRecruiter
Industry
Commercial banking
Company size
1,001 - 5,000 Employees
Headquarters location
Pasadena, CA, US
Year founded
1973