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Jumbo Underwriter Jobs (NOW HIRING)

First Horizon Bank

Mortgage Underwriter

Plano, TX · On-site

Summary : Underwrites residential mortgage loan applications according to agency, investor ... jumbo, portfolio) and the residential mortgage loan process. • Excellent verbal and written ...

First Horizon

Mortgage Underwriter

Charlotte, NC · On-site

Summary : Underwrites residential mortgage loan applications according to agency, investor ... jumbo, portfolio) and the residential mortgage loan process. • Excellent verbal and written ...

Guild Mortgage

Underwriter III

Greenwood Village, CO · On-site

$75K - $112K/yr

... jumbo, or permanent/one-time close loans. * Direct Endorsement (DE) certification required; must have current certification(s) for any assigned region with state-specific requirements to originate ...

Wsfsbank

Mortgage Underwriter II

Philadelphia, PA · On-site

$53K - $88K/yr

Working knowledge of other loan products such as but not limited to Jumbo (QM and non-QM), and Government (FHA, VA, USDA) products. * FHA Direct Endorsement Preferred. * Must be able to underwrite at ...

Guild

Underwriter III

$90K/yr

... jumbo, or permanent/one-time close loans. * Direct Endorsement (DE) certification required; must have current certification(s) for any assigned region with state-specific requirements to originate ...

Guild Mortgage

... jumbo, or permanent/one-time close loans. * Direct Endorsement (DE) certification required; must have current certification(s) for any assigned region with state-specific requirements to originate ...

Guild

Underwriter III

$36.14 - $54.21/hr

... jumbo, or permanent/one-time close loans. * Direct Endorsement (DE) certification required; must have current certification(s) for any assigned region with state-specific requirements to originate ...

Guild

Underwriter III

Greenwood Village, CO · On-site

$36.14 - $54.21/hr

... jumbo, or permanent/one-time close loans. * Direct Endorsement (DE) certification required; must have current certification(s) for any assigned region with state-specific requirements to originate ...

WSFS Bank

Mortgage Underwriter II

Bryn Mawr, PA · On-site

$53K - $88K/yr

Working knowledge of other loan products such as but not limited to Jumbo (QM and non-QM), and Government (FHA, VA, USDA) products. * FHA Direct Endorsement Preferred. * Must be able to underwrite at ...

WSFS Bank

Mortgage Underwriter II

Philadelphia, PA · On-site

$53K - $88K/yr

Working knowledge of other loan products such as but not limited to Jumbo (QM and non-QM), and Government (FHA, VA, USDA) products. * FHA Direct Endorsement Preferred. * Must be able to underwrite at ...

WSFS Bank

Mortgage Underwriter II

Bryn Mawr, PA · On-site

$53K - $88K/yr

Working knowledge of other loan products such as but not limited to Jumbo (QM and non-QM), and Government (FHA, VA, USDA) products. * FHA Direct Endorsement Preferred. * Must be able to underwrite at ...

East West Bank

Mortgage Underwriter Lead

El Monte, CA · On-site

$50/hr

The Team Lead Underwriter will play a critical role in supporting the daily operations of the ... Jumbo, and business entity loans. * Support and provide guidance to the Appraisal Review team as ...

East West Bank

Mortgage Underwriter Lead

El Monte, CA · On-site

$20/hr

Overview The Team Lead Underwriter will play a critical role in supporting the daily operations of ... Jumbo, and business entity loans. * Support and provide guidance to the Appraisal Review team as ...

SoFi

Mortgage Underwriter

Frisco, TX · On-site

Experience underwriting Jumbo or USDA loans * College degree * Background in fraud detection or risk mitigation Compensation and Benefits The base pay range for this role is listed below. Final base ...

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Jumbo Underwriter information

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How much do jumbo underwriter jobs pay per hour?

As of Aug 6, 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.

Is underwriting a high stress job?

Underwriting can be a high-pressure role due to the need to assess risk accurately and meet deadlines. It often requires attention to detail, analytical skills, and the ability to handle workload fluctuations, which can contribute to stress levels.

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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Jumbo Underwriter jobs near you
Infographic showing various Jumbo Underwriter job openings in the United States as of August 2026, with employment types broken down into 99% Full Time, and 1% Part Time. Highlights an 76% In-person, 2% Hybrid, and 22% Remote job distribution, with an average salary of $62,410 per year, or $30 per hour.

Mortgage Underwriter

First Horizon Bank

Birmingham, AL • On-site

Full-time

Medical, Dental, Vision, Retirement

Re-posted 11 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

40th 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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