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Jumbo Underwriter Jobs (NOW HIRING)

CrossCountry Mortgage

Jumbo Underwriter

The Jumbo Underwriter is responsible for validating income, asset and collateral documents including self-employed tax returns. Job Responsibilities: * Evaluate loan applications for risks and ...

Movement Mortgage, LLC

Jumbo/Non Agency Underwriter

$81K - $114K/yr

Ready to disrupt the mortgage industry with us as a Mortgage Jumbo Underwriter ? Then we think it's time to #joinMovement What You Need To Know * Reviews complex conventional/conforming Jumbo loan ...

Nova Home Loans

Jumbo and Non-QM Underwriter

Tucson, AZ · On-site

The Jumbo and Non-QM Underwriter is responsible for reviewing, conditioning, and underwriting Jumbo and Non-QM mortgage loans in accordance with company policies, investor guidelines, and regulatory ...

Ark Mortgage Inc

Mortgage Underwriter

Suffern, NY · Remote

$110K - $125K/yr

Review and underwrite conventional and Non-QM mortgage loan applications, including but not limited to DSCR, bank statement, and jumbo loans. * Analyze credit, income, assets, and collateral ...

Ark Mortgage Inc

Mortgage Underwriter

Montebello, NY · On-site +1

$110K - $125K/yr

Review and underwrite conventional and Non-QM mortgage loan applications, including but not limited to DSCR, bank statement, and jumbo loans. * Analyze credit, income, assets, and collateral ...

Plaza Home Mortgage, Inc.

Sr. Underwriter

San Diego, CA · On-site

$40.86 - $50.48/hr

Types of consumer loan applications include, but are not limited to Conventional, Jumbo, FHA, VA ... May underwrite one or all of the following loan types: Conventional, Jumbo, FHA, 2013k, VA, and ...

Plaza Home Mortgage, Inc.

Sr. Underwriter

San Diego, CA · Remote

$40.86 - $50.48/hr

Types of consumer loan applications include, but are not limited to Conventional, Jumbo, FHA, VA ... May underwrite one or all of the following loan types: Conventional, Jumbo, FHA, 2013k, VA, and ...

SVS Group

Mortgage Loan Underwriter

OR · Remote

$30/hr

You could get Non-QM, Government, Conventional, Jumbo, etc. * You will get the entire file and you underwrite what you have. * If something is missing then you write up what was missing and why you ...

Atlantic Bay

Underwriter

Construction and/or Jumbo loans is a plus * Ability to review appraisals * Self-motivated, ability ... underwriting guidelines * Thorough understanding of credit and an ability to review complex ...

LRS

Mortgage Underwriter

Minneapolis, MN

$20 - $50/hr

Perform detailed analysis of conventional conforming, Non-Agency Jumbo, HELOC, and HELOAN loan data ... Qualifications: 5+ years of mortgage underwriting experience. Demonstrated ability to independently ...

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Jumbo Underwriter information

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How much do jumbo underwriter jobs pay per hour?

As of Jun 15, 2026, the average hourly pay for jumbo underwriter in the United States is $30.00, according to ZipRecruiter salary data. Most workers in this role earn between $25.00 and $33.17 per hour, depending on experience, location, and employer.

What is a Jumbo Underwriter?

A Jumbo Underwriter is a mortgage professional responsible for evaluating and approving or denying home loan applications that exceed the conforming loan limits set by government-sponsored entities like Fannie Mae and Freddie Mac. These professionals assess the risk of lending to applicants by reviewing their credit, income, assets, and property details. Jumbo loans typically come with stricter requirements due to their larger amounts and increased risk for lenders. The underwriter ensures that all documentation is accurate and that the borrower meets the lender's guidelines before approving the loan.

What is the highest paying underwriting job?

Senior and executive-level underwriting roles, such as Chief Underwriting Officer or Vice President of Underwriting, tend to be the highest paying in the field. 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 roles.

Will AI replace underwriting?

Jumbo underwriters, like other underwriting professionals, are increasingly supported by AI tools that assist in data analysis and risk assessment. While AI can automate routine tasks and improve efficiency, human judgment remains essential for complex decisions, making full replacement unlikely in the near term. Underwriters will continue to adapt by developing skills in data interpretation and AI tool management.

What are the 4 C's of underwriting?

The 4 C's of underwriting are Character, Capacity, Collateral, and Conditions. These factors help underwriters assess the risk of a loan or insurance application by evaluating the applicant's reliability, financial ability, asset security, and external circumstances. For a Jumbo Underwriter, understanding these principles is essential for making informed approval decisions.

What is Jumbo underwriting?

Jumbo underwriting refers to the process of evaluating and approving large mortgage loans that exceed conforming loan limits. It involves detailed risk assessment, often requiring specialized knowledge of high-value properties and additional documentation, as these loans typically have different underwriting standards compared to standard conforming loans.

How does a Jumbo Underwriter typically interact with loan officers and other team members during the mortgage approval process?

As a Jumbo Underwriter, you will work closely with loan officers, processors, and sometimes borrowers to ensure all documentation meets the lender's specific guidelines for large loan amounts. Effective communication is essential, as you'll often need to clarify requirements, request additional information, and explain underwriting decisions. Collaboration with other team members helps streamline the approval process and ensures compliance with regulatory and investor standards. You'll also participate in team meetings to discuss challenging files and share best practices, fostering a supportive work environment.

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

To thrive as a Jumbo Underwriter, you need in-depth knowledge of mortgage underwriting guidelines, risk assessment, and extensive experience with jumbo loan products, typically supported by a bachelor's degree in finance or a related field. Proficiency with loan origination systems (LOS), automated underwriting systems (AUS), and industry certifications such as DE (Direct Endorsement) or SAR (Staff Appraisal Reviewer) is highly valuable. Exceptional analytical thinking, attention to detail, and strong communication skills help distinguish top performers in this role. These competencies are crucial for accurately evaluating complex loan applications and ensuring compliance with regulatory and investor requirements.
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What job categories do people searching Jumbo Underwriter jobs look for? The top searched job categories for Jumbo Underwriter jobs are:
Jumbo Underwriter jobs near you
Infographic showing various Jumbo Underwriter job openings in the United States as of June 2026, with employment types broken down into 95% Full Time, 2% Part Time, 1% Temporary, and 2% Contract. Highlights an 77% Physical, 6% Hybrid, and 17% Remote job distribution, with an average salary of $62,410 per year, or $30 per hour.

Jumbo Underwriter

CrossCountry Mortgage

Remote

Full-time

Medical, Dental, Vision, Retirement

Posted 19 days ago

CrossCountry Mortgage rating

7.1

Company rating: 7.1 out of 10

Based on 26 frontline employees who took The Breakroom Quiz

Job description

CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 9,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest-growing private businesses and has received many awards for our standout culture.
A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You'll get unwavering support from all departments and total transparency from the top down.
CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program.
Position Overview:
The Jumbo Underwriter is responsible for validating income, asset and collateral documents including self-employed tax returns.
Job Responsibilities:
  • Evaluate loan applications for risks and various criteria such as investor requirements, accuracy, consistency and completeness.
  • Calculate qualifying income including analyzing tax returns and financial statements.
  • Review and analyze borrower profiles, credit reports, title reports, income documentation and assets, including complex business returns and financials.
  • Review new loan files to ensure loan meets investor and program criteria. Must meet minimum Production Requirements.
  • Review all eligible investors.
  • Manage individual pipeline daily by completing new underwriting reviews, condition reviews and other underwriting tasks within established turn times.
  • Communicate and engage proactively with loan originators, processors, branch managers, funders and post-closers in regard to loan decisions, assignment of loan conditions, investor guidelines/documentation requirements and possible loan scenarios.
  • Access third party services (valuation, fraud, compliance) to provide valuable input for loan decisions.
  • Perform other related duties as assigned.

Qualifications and Skills:
  • Bachelor's degree or equivalent combination of education and experience.
  • DE, SAR or LAPP certifications, highly preferred.
  • 3+ years' Jumbo products experience.
  • Minimum of 3 years' Non-Agency experience.
  • Experience with reviewing residential appraisals.
  • Experience with compliance and disclosure requirements.
  • Encompass LOS experience, a plus.
  • Knowledge of closing, post-closing & quality control responsibilities.
  • Working knowledge of ATR/QM requirements.
  • Proficient in Microsoft Word, Excel and Outlook.
  • Excellent communication skills.

This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.
#LI-CCMREC
CrossCountry Mortgage, LLC offers MORE than a job, we offer a career. Apply now to begin your path to success! careersatccm.com
CrossCountry Mortgage, LLC strives to provide employees with a robust benefit package: https://mycrosscountrybenefits.com
California residents: Please see CrossCountry's privacy statement for information about how CrossCountry collects and uses personal information about California applicants.
CrossCountry Mortgage supports equal employment opportunity in hiring, development and advancement for all qualified persons without regard to race, color, religion, religious creed, national origin, age, physical or mental disability, ancestry, marital status, uniformed service, covered veteran status, citizenship status, sex (including pregnancy, childbirth, and related medical conditions, and lactation), sexual orientation, gender identity, gender expression, transgender status, domestic violence victim status (where applicable), protected hair style or texture, genetic information (testing or characteristics), or any other protected status of an individual or because of the individual's association with a member of a protected group or any other characteristic protected by federal, state, or local law ("Protected Characteristics"). The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation. The Company is committed to fostering, cultivating and preserving a culture that welcomes diversity and inclusion.
CrossCountry Mortgage, LLC (NMLS3029) is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. To verify licensing, please visit www.NMLSConsumerAccess.org

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