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Live In Condo Underwriter Jobs (NOW HIRING)

Position Title: Condo Underwriter Reports to: Vice President of Credit Risk Department ... Demonstrates success in a fast-paced, high-stakes environment * Aptitude for maintaining ...

New

Position Title: Condo Underwriter Reports to: Vice President of Credit Risk Department ... Demonstrates success in a fast-paced, high-stakes environment * Aptitude for maintaining ...

New

Sr. Underwriter

Los Angeles, CA · Hybrid

$75K - $95K/yr

Requirements: * 5-7 years of underwriting experience in underwriting in the HOA/Condo Association industry. * P&C license in the state of residence is required. * Bachelor's degree required.

Sr. Underwriter

Los Angeles, CA · Hybrid

$75K - $95K/yr

Requirements: * 5-7 years of underwriting experience in underwriting in the HOA/Condo Association industry. * P&C license in the state of residence is required. * Bachelor's degree required.

Sr. Underwriter

Los Angeles, CA · On-site

$75K - $95K/yr

Requirements: * 5-7 years of underwriting experience in underwriting in the HOA/Condo Association industry. * P&C license in the state of residence is required. * Bachelor's degree required.

Condo Specialist

$25 - $37.40/hr

About the team As a Condo Specialist within the Zillow Home Loans team, you'll be part of a ... S. employees may live in any of the 50 United States, with limited exceptions. In California ...

Senior Underwriter, Texas

Austin, TX · Hybrid

$97K - $115K/yr

Modernized underwriting using cutting edge technology to more accurately and quickly assess risk ... Must live in Austin, Texas * Must be able to work hybrid 3 days in the office a week Benefits

Sr. Production Underwriter

Washington, DC · Remote

$111K - $131K/yr

Berkley Corporation, one of America's largest commercial lines writers in the UnitedSstates. At ... luxury condo, co-op, rental properties and fine dining restaurants. We are a team of seasoned ...

Sr. Production Underwriter

Parsippany, NJ · On-site

$99K - $117K/yr

At Berkley Luxury Group we offer tailored, all-inclusive insurance solutions for luxury condo, co ... We specialize in luxury condominiums, cooperatives, and apartments in the habitational space, Class ...

Sr. Production Underwriter

Parsippany, NJ · On-site

$99K - $117K/yr

At Berkley Luxury Group we offer tailored, all-inclusive insurance solutions for luxury condo, co ... We specialize in luxury condominiums, cooperatives, and apartments in the habitational space, Class ...

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Live In Condo Underwriter information

See salary details

$32.5K

$78.9K

$139.5K

How much do live in condo underwriter jobs pay per year?

As of Jun 12, 2026, the average yearly pay for live in condo 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.

What are some common challenges faced by Live In Condo Underwriters and how can they be managed?

Live In Condo Underwriters often encounter challenges such as assessing unique property risks, navigating complex homeowner association (HOA) documents, and staying updated with changing regulations. Managing these challenges requires strong analytical skills, attention to detail, and regular communication with property managers, agents, and legal experts. Building a network of reliable contacts within the industry and staying current with training and regulatory updates can help underwriters make informed decisions and ensure compliance.

Can you work remotely as an underwriter?

Live-in condo underwriters typically work on-site to evaluate property risks and review documentation, but some underwriting roles may offer remote or hybrid options depending on the employer. Remote underwriting positions often require strong computer skills, familiarity with underwriting software, and adherence to company policies. Availability of remote work varies by company and specific job requirements.

What is the difference between Live In Condo Underwriter vs Mortgage Underwriter?

AspectLive In Condo UnderwriterMortgage Underwriter
CredentialsTypically requires underwriting certification, finance or real estate backgroundRequires similar certifications, mortgage licensing, and financial knowledge
Work EnvironmentUsually in insurance or condo association settings, often office-basedPrimarily in banks, mortgage companies, or lending institutions, office-based
Employer & IndustryCondo associations, insurance companies, real estate firmsBanks, mortgage lenders, financial institutions
Search & Comparison IntentPeople comparing condo underwriting roles with mortgage underwritingPeople seeking info on mortgage underwriting roles

The main difference is that a Live In Condo Underwriter focuses on evaluating condo insurance or association applications, while a Mortgage Underwriter assesses mortgage loan applications. Both roles require financial knowledge and certifications, but they serve different sectors within the real estate and finance industries.

Will AI replace underwriting?

AI is increasingly used in underwriting to automate data analysis and risk assessment, improving efficiency and consistency. However, live-in condo underwriters still rely on human judgment for complex cases, interpretation of nuanced information, and decision-making that requires industry experience. AI tools serve as support rather than complete replacements for underwriters in this role.

What is a Live In Condo Underwriter?

A Live In Condo Underwriter is a financial professional who evaluates and assesses the risk of insuring or lending to individuals purchasing or residing in condominium units, particularly when the owner lives in the unit. Their responsibilities include reviewing financial documents, property appraisals, and condominium association records to ensure that the property and borrower meet the lender’s or insurer’s guidelines. They play a critical role in the approval process for condo loans or insurance policies, helping to protect the financial interests of their company while enabling buyers to secure homes.

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

To thrive as a Live In Condo Underwriter, you need in-depth knowledge of mortgage underwriting guidelines, risk assessment, and property appraisal, typically supported by experience in residential lending and relevant certifications. Familiarity with loan origination systems (LOS), automated underwriting systems (AUS), and compliance software is essential. Attention to detail, analytical thinking, and effective communication are crucial soft skills for evaluating applications and collaborating with loan officers and clients. These competencies are vital to ensure accurate risk assessment, regulatory compliance, and smooth loan approval processes.

Can I become an underwriter with no experience?

Live-in condo underwriters typically need some background in insurance, finance, or real estate, but entry-level positions may be available for candidates with strong analytical skills and a willingness to learn. Relevant certifications or training programs can help develop necessary knowledge, and on-the-job training is common for new underwriters. Having prior experience in customer service or administrative roles can also be beneficial when starting out.

What is the highest paying underwriting job?

Senior and executive underwriting roles, such as Chief Underwriting Officer or Underwriting Director, tend to be the highest paying in the underwriting field. These positions require extensive experience, leadership skills, and often involve overseeing large portfolios or specialized lines of insurance, resulting in higher compensation levels.
More about Live In Condo Underwriter jobs
What cities are hiring for Live In Condo Underwriter jobs? Cities with the most Live In Condo Underwriter job openings:
What are the most commonly searched types of Condo Underwriter jobs? The most popular types of Condo Underwriter jobs are:
What states have the most Live In Condo Underwriter jobs? States with the most job openings for Live In Condo Underwriter jobs include:
Infographic showing various Live In Condo Underwriter job openings in the United States as of June 2026, with employment types broken down into 1% Internship, and 99% Part Time. Highlights an 85% Physical, 2% Hybrid, and 13% Remote job distribution, with an average salary of $78,878 per year, or $37.9 per hour.
Condo Underwriter

Condo Underwriter

Alcova Mortgage LLC

Roanoke, VA • Remote

Full-time

Posted 17 hours ago


Job description

Position Title: Condo Underwriter

Reports to: Vice President of Credit Risk

Department: Underwriting

Location: Corporate - Remote

Position Type: Full-Time: 40 hours per week

FLSA Classification / Type: Non-Exempt/ Administrative Support

Supervises: None

POSITION SUMMARY

The Condo Underwriter is responsible for reviewing and underwriting condominium projects and individual condo unit transactions to ensure compliance with agency, investor, and company guidelines. This role evaluates condominium project documentation, borrower eligibility, collateral risk, insurance coverage, and legal documentation in accordance with current Fannie Mae, Freddie Mac, and FHA Single Unit Approvals (SUA) eligibility requirements. The Condo Underwriter works closely with production, processing, closing, secondary marketing, and quality control teams to support accurate and timely loan decisions while maintaining compliance and risk standards.

DUTIES AND RESPONSIBILITIES

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.

  1. Review and underwrite condominium projects for eligibility under agency and investor guidelines
  2. Analyze project documentation including condo questionnaires, budget and financial statements, master insurance policies, documentation such as HOA and litigation, reserve studies, special assessments, owner occupancy ratios, and commercial space allocations
  3. Determine project eligibility for: limited/full, CPM/project, detached condo, and established/new project classification reviews
  4. Evaluate projects for compliance with current agency requirements related to: financial stability, insurance adequacy, litigation exposure, delinquency thresholds, investor concentration, project completion status, and property usage restrictions
  5. Review and validate borrower loan files as they relate to condominium eligibility and collateral acceptability
  6. Ensure all underwriting decisions comply with: Agency guidelines, investor overlays, federal/state regulatory requirements, and internal credit policy
  7. Issue clear underwriting conditions and communicate decisions effectively to operations staff
  8. Maintain current knowledge of agency updates, lender bulletins, and condominium project policy changes
  9. Assist with internal audits, post-closing reviews, and investor due diligence requests
  10. Meet established service quality standards, and productivity goals

EDUCATION, EXPERIENCE, LICENSURE, AND COMPETENCIES

  1. 3+ years’ experience in the mortgage industry required
  2. DE (Direct Endorsement) designation not required upon hire but must be acquired
  3. VA SAR/LAPP (Staff Appraiser Reviewer / Lender Appraiser Processing Program) designations preferred
  4. Bachelor’s degree in business, Finance, or a related field required
  5. Strong analytical decision-making and problem-solving abilities
  6. Excellent mortgage loan processing system computer skills
  7. Encompass experience preferred
  8. Demonstrates success in a fast-paced, high-stakes environment
  9. Aptitude for maintaining professional relationships with coworkers
  10. Highly motivated, ambitious, and driven to succeed
  11. Trustworthy, honest, and able to display a high-level of integrity
  12. Ability to identify and resolve problems in a timely manner
  13. Ability to understand and respond appropriately to basic inquiries
  14. Ability to read, write, and communicate sufficiently to perform job functions
  15. Ability to use Company equipment in assigned area (including but not limited to telephone, copiers, fax machines, computers, internet, etc.)
  16. Ability to access, input, retrieve, and interpret information using applicable computer systems (including, but not limited to, Microsoft Word, Excel, Outlook, industry-specific computer software, etc.)
  17. Ability to multi-task (e.g., simultaneous usage of several applications, etc.)
  18. Well-versed with keyboard shortcuts and able to identify new ways to complete a task in less time
  19. Compliance with all Bank Secrecy Act (BSA), Anti-Money Laundering (AML) laws, and Office of Foreign Asset Controls (OFAC) requirements are required. Employees must complete annual training in these areas


WORK ENVIRONMENT

This job operates in a clerical office setting; climate-controlled surroundings with adequate lighting and little or moderate noise when in the office. This role routinely involves standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

PHYSICAL DEMANDS

This is largely a sedentary role; however, some filing and photocopying is required. This would require the ability to lift files, open filing cabinets, and bend or stand as necessary.

EXPECTED HOURS OF WORK

Days and hours of work are Monday through Friday, 8:30 a.m. to 5:00 p.m. Evening and weekend work may be required as job duties demand.

OTHER DUTIES

This position performs additional duties as assigned, given adequate guidance and resources. This Job Description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee to perform this job. Duties, responsibilities and activities may change at any time with or without notice.

EOE D/V/M/F