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Heloc Underwriter Jobs (NOW HIRING)

Upstart

OR

The HELOC Underwriting team is responsible for evaluating loan applications and making sound, policy-aligned credit decisions. This team ensures consistent application of underwriting guidelines ...

Upstart

Home Lending Underwriter

$119K/yr

The HELOC Underwriting team is responsible for evaluating loan applications and making sound, policy-aligned credit decisions. This team ensures consistent application of underwriting guidelines ...

TEKsystems

Mortgage Underwriter

Dunn Loring, VA

Review, analyze, and underwrite home equity loan (HEL) and home equity line of credit (HELOC) applications in accordance with company's lending guidelines and regulatory requirements. * Evaluate ...

TEKsystems

Mortgage Underwriter

Coppell, TX

Review, analyze, and underwrite home equity loan (HEL) and home equity line of credit (HELOC) applications in accordance with company's lending guidelines and regulatory requirements. * Evaluate ...

TEKsystems

Mortgage Underwriter

Coppell, TX

$22.02 - $39.93/hr

Review, analyze, and underwrite home equity loan (HEL) and home equity line of credit (HELOC) applications in accordance with company's lending guidelines and regulatory requirements. * Evaluate ...

TEKsystems

Mortgage Underwriter

Vienna, VA

$22.02 - $39.93/hr

Review, analyze, and underwrite home equity loan (HEL) and home equity line of credit (HELOC) applications in accordance with company's lending guidelines and regulatory requirements. * Evaluate ...

NC SECU

Responsible for the comprehensive underwriting and final approval of mortgage and HELOC loan files within the Real Estate Lending department. This role evaluates borrower creditworthiness, reviews ...

Triumph-HR

Residential Loan Underwriter

Walpole, MA · On-site

$32.68 - $38.93/hr

Underwrite all residential and HELOC mortgage applications , ensuring compliance with Bank policies, procedures, and all applicable federal and state laws. * Manage your loan pipeline by boarding new ...

NC SECU

Responsible for the comprehensive underwriting and final approval of mortgage and HELOC loan files within the Real Estate Lending department. This role evaluates borrower creditworthiness, reviews ...

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All JobsHeloc Underwriter Jobs

Heloc Underwriter information

See salary details

$32.5K

$78.9K

$139.5K

How much do heloc underwriter jobs pay per year?

As of Jul 22, 2026, the average yearly pay for heloc 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.

Can I become an underwriter with no experience?

Heloc underwriters typically need some background in finance, banking, or mortgage lending, but entry-level positions may be available for candidates with strong analytical skills and a willingness to learn. Relevant certifications or training in loan processing and underwriting software can improve chances, though prior experience is often preferred. Employers may provide on-the-job training for those new to the field.

What are the key skills and qualifications needed to thrive as a HELOC Underwriter, and why are they important?

To thrive as a HELOC Underwriter, a strong background in credit analysis, risk assessment, and knowledge of home equity lending guidelines is essential, usually supported by experience in mortgage or banking environments. Familiarity with loan origination systems, automated underwriting software, and regulatory compliance tools is typically required. Attention to detail, sound judgment, and effective communication help underwriters excel in evaluating applications and collaborating with loan officers. These skills ensure accurate risk evaluation, compliance with lending standards, and efficient processing of HELOC applications.

What is the highest paid underwriter?

The highest paid underwriters are typically those working in specialized fields such as insurance or mortgage underwriting with extensive experience, advanced certifications, or working in high-cost regions. Senior underwriters or those in executive roles can earn salaries exceeding $100,000 annually, especially with bonuses and benefits included.

What are HELOC underwriters?

HELOC underwriters are financial professionals who review and assess applications for Home Equity Lines of Credit (HELOCs). They evaluate the borrower's creditworthiness, property value, income, debts, and overall risk to determine if the applicant qualifies for a HELOC and under what terms. HELOC underwriters play a crucial role in ensuring that lending decisions comply with regulations and the financial institution's policies. Their expertise helps protect both the lender and the borrower from potential financial risks.

What does an underwriter do for a HELOC?

A HELOC underwriter evaluates the borrower's financial information, credit history, and property value to determine loan eligibility and risk. They review documentation, ensure compliance with lending guidelines, and approve or deny the application based on their assessment.

What are some common challenges Heloc Underwriters face when evaluating complex applications?

Heloc Underwriters often encounter challenges when assessing applicants with unconventional income sources, fluctuating property values, or high debt-to-income ratios. Accurately analyzing self-employed borrowers' financial documents and staying up-to-date on changing lending regulations can be particularly demanding. Additionally, balancing risk management with providing a positive customer experience requires strong analytical skills and close collaboration with loan officers and risk management teams.

What are the 3 C's of mortgage underwriting?

The 3 C's of mortgage underwriting are Credit, Capacity, and Collateral. Credit assesses the borrower's credit history and score, Capacity evaluates their ability to repay based on income and debt, and Collateral refers to the property serving as security for the loan. As a HELOC underwriter, understanding these factors helps determine loan eligibility and risk assessment.

What is the difference between Heloc Underwriter vs Mortgage Underwriter?

AspectHeloc UnderwriterMortgage Underwriter
CredentialsTypically requires a mortgage or loan underwriting certification, experience in credit analysisSimilar certifications, often with additional mortgage-specific licenses
Work EnvironmentWorks primarily with home equity lines of credit, often in retail or bank branchesHandles various mortgage types, often in dedicated underwriting departments
Industry UsageCommon in banks, credit unions, and lenders offering HELOC productsUsed across mortgage lending institutions for home loan approvals

Both roles involve assessing borrower creditworthiness, but Heloc Underwriters focus on home equity lines of credit, while Mortgage Underwriters handle broader mortgage loans. The skills and certifications overlap, but the specific loan types and work environments differ slightly.

More about Heloc Underwriter jobs
What job categories do people searching Heloc Underwriter jobs look for? The top searched job categories for Heloc Underwriter jobs are:
Heloc Underwriter jobs near you
Infographic showing various Heloc Underwriter job openings in the United States as of July 2026, with employment types broken down into 96% Full Time, 1% Part Time, 2% Temporary, and 1% Contract. Highlights an 76% Physical, 2% Hybrid, and 22% Remote job distribution, with an average salary of $78,878 per year, or $37.9 per hour.
Home Lending Underwriter

Home Lending Underwriter

Upstart

OR

Other

Posted 5 days ago

Job description

The Team: 

The HELOC Underwriting team is responsible for evaluating loan applications and making sound, policy-aligned credit decisions. This team ensures consistent application of underwriting guidelines across approvals and declines,  and identifies potential fraud risks. The team partners with Processing, Closing, and Quality to ensure accurate and efficient loan decisioning and funding.
As a Home Lending Underwriter, you'll partner closely with our Licensed Loan Advisors to ensure loan decisions are accurate and timely. It is your responsibility to ensure that we are originating quality, sellable loans that adhere to our underwriting policy and procedures. You will also need a keen eye for process improvement and workflow optimization.

How you'll make an impact

  • Approval & decline accuracy: Ensure all approval and decline decisions are well-supported, clearly documented, and consistent with credit policy and regulatory expectations.
  • Fraud risk identification: Review applications for potential fraud indicators (income misrepresentation, occupancy concerns, document inconsistencies, identity risk) and take appropriate action in alignment with fraud protocols.
  • Documentation & compliance: Maintain complete, audit-ready loan files with clear rationale, supporting documentation, and decision notes.
  • Operational consistency: Apply underwriting guidelines consistently and contribute to maintaining quality and reducing defects across the underwriting process.

Minimum Qualifications 

  • 2+ years of combined experience in mortgage and/or HELOC processing and/or underwriting operations or equivalent experience in credit decisioning and analysis
  • Demonstrated experience/success in an environment in which you are held accountable for productivity output as well as quality metrics aligned to that output
  • Demonstrated experience conducting quality assurance or second-level reviews on loan files
  • Experience reviewing loan files for fraud risk and escalating concerns appropriately
  • Experience working within an LOS and reviewing full loan documentation packages
  • Strong documentation skills supporting credit decisions for QA/audit review
  • Strong analytical skills with meticulous attention to detail

Preferred Qualifications

  • Experience with HELOC-specific underwriting guidelines and second lien products
  • Familiarity with Vesta Loan Origination System
  • Familiarity with fraud detection tools, red flag identification, and investigation workflows
  • Proficiency with Excel/Sheets for income calculation and loan analysis
  • Familiarity with compliance and regulatory requirements related to mortgage underwriting

Position location This role is available in the following locations: Remote

Time zone requirements The team operates on the East / West coast time zones. 

Travel requirements As a digital first company, the majority of your work can be accomplished remotely. The majority of our employees can live and work anywhere in the U.S but are encouraged to to still spend high quality time in-person collaborating via regular onsites. The in-person sessions' cadence varies depending on the team and role.

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