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Mortgage Underwriter Jobs in Rio Rancho, NM (NOW HIRING)

AMERIND

Underwriter I

Bernalillo, NM · On-site

$53K - $79K/yr

Underwrites various types of insurance policies for individuals, businesses, or equity pool members. * Calculates premiums and establish payment method. Appropriately prices all new and renewal ...

AMERIND

Underwriter I

Bernalillo, NM · On-site

$53K - $79K/yr

Underwrites various types of insurance policies for individuals, businesses, or equity pool members. * Calculates premiums and establish payment method. Appropriately prices all new and renewal ...

Nusenda

Small Business Underwriter

Albuquerque, NM · On-site

As a Small Business Underwriter, you will be responsible for underwriting, decisioning, and structuring conventional and Small Business Administration small business loan requests within defined ...

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Showing results 21-40

All JobsMortgage Underwriter JobsMortgage Underwriter Jobs in Rio Rancho, NM

Mortgage Underwriter information

See Rio Rancho, NM salary details

$15

$26

$48

How much do mortgage underwriter jobs pay per hour?

As of Aug 11, 2026, the average hourly pay for mortgage underwriter in Rio Rancho, NM is $26.84, according to ZipRecruiter salary data. Most workers in this role earn between $17.79 and $31.20 per hour, depending on experience, location, and employer.

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

To thrive as a Mortgage Underwriter, you need a solid understanding of lending regulations, risk assessment, and financial analysis, often supported by a background in finance, business, or accounting. Familiarity with loan origination systems (LOS), automated underwriting systems (AUS) like DU or LP, and relevant certifications such as the Certified Mortgage Underwriter (NAMU-CMU) are typically required. Strong attention to detail, analytical thinking, and effective communication skills help you evaluate complex applications and collaborate with loan officers. These capabilities are crucial for accurately assessing borrower risk, ensuring regulatory compliance, and maintaining the integrity of the lending process.

What qualifications do you need to be a mortgage underwriter?

To become a mortgage underwriter, candidates typically need a high school diploma or equivalent, with many employers preferring a bachelor's degree in finance, economics, or a related field. Relevant skills include attention to detail, analytical ability, and experience with underwriting software or financial analysis. Certifications such as the Mortgage Underwriter Certification (MU) can enhance job prospects.

What are some common challenges mortgage underwriters face during the loan approval process?

Mortgage underwriters often encounter challenges such as assessing complex financial documents, identifying potential fraud, and ensuring compliance with ever-changing lending regulations. They must balance thorough risk assessment with timely decision-making to meet tight deadlines and maintain customer satisfaction. Additionally, underwriters frequently collaborate with loan officers and processors to clarify borrower information and resolve discrepancies, which requires strong communication and problem-solving skills.

What does a mortgage underwriter do?

A mortgage underwriter determines whether to approve or decline a request for a loan based on the credit, collateral, and capacity of the borrower. As a mortgage underwriter, you typically work on both commercial and residential transactions. Your responsibilities include managing the risk for the lender and verifying the information on applications. Your duties also include working with specially designed software to help make financially sound decisions. Some positions involve a sales component where you actively solicit new business or form partnerships with realtors. A mortgage underwriting job is usually full-time and may require frequent travel to meet with clients onsite.

What does a mortgage underwriter do?

A Mortgage Underwriter is responsible for evaluating and assessing loan applications to determine if a borrower qualifies for a mortgage. They review financial documents such as credit reports, income statements, and property appraisals to ensure all guidelines and regulations are met. The underwriter's decision helps lenders manage risk and ensures that loans are only approved for qualified applicants.

Is it hard to become a mortgage underwriter?

Becoming a mortgage underwriter requires a strong understanding of loan guidelines, financial analysis skills, and often a relevant certification such as the Mortgage Bankers Association's certification. While some entry-level positions are available, advancing in the field may require experience and knowledge of underwriting software and regulations, making it moderately challenging for newcomers.

Is mortgage underwriting a stressful job?

Mortgage underwriting can be stressful due to strict deadlines, detailed financial analysis, and the need for accuracy to assess risk. Underwriters often work in fast-paced environments and must stay current with lending regulations, which can contribute to job pressure.

What is the difference between Mortgage Underwriter vs Loan Processor?

AspectMortgage UnderwriterLoan Processor
CredentialsTypically requires mortgage licensing, underwriting certifications, or related trainingRequires loan processing training, sometimes mortgage licensing, but less specialized
Work EnvironmentAnalyzes loan applications, reviews financial documents, and assesses riskPrepares and organizes loan documents, communicates with applicants and lenders
Employer & IndustryFinancial institutions, mortgage lenders, banksMortgage companies, banks, credit unions

The main difference is that mortgage underwriters evaluate the risk of a loan application and make approval decisions, while loan processors handle the documentation and preparation process to ensure all required information is complete for underwriting.

More about Mortgage Underwriter jobs
What cities near Rio Rancho, NM are hiring for Mortgage Underwriter jobs? Cities near Rio Rancho, NM with the most Mortgage Underwriter job openings:
Mortgage Underwriter jobs near you
Infographic showing various Mortgage Underwriter job openings in Rio Rancho, NM as of August 2026, with employment types broken down into 84% Full Time, 8% Part Time, and 8% Contract. Highlights an 86% Physical, 3% Hybrid, and 11% Remote job distribution, with an average salary of $55,830 per year, or $26.8 per hour.

Mortgage Loan Officer - 180 BPS - 104 Investors - Remote - W-2 or 1099

Tag Lending Group LLC

Santa Fe, NM • On-site, Remote

$150K - $500K/yr

Full-time

Retirement

Re-posted 5 days ago

Job description

Responsive recruiter
Benefits:
  • Massive Resources (VA, UW On Call)
  • Direct Pricing Control: Eliminate the red tape
  • We Don't Just Originate we Automate
  • HubSpot Certified with AI automation
  • Competitive Pricing
  • 100+ Investors
  • Uncapped Commissions
  • 401(k)

Mortgage Loan Officer - Remote - W-2 or 1099
TAG Lending Group, LLC
Remote Nationwide
Preferred Production: $1M+ Monthly
We Don't Just Originate. We Automate.
W-2 or 1099
Let's TAG TEAM This Deal®
If you're an experienced Mortgage Loan Officer looking to close more loans, earn more, and eliminate operational bottlenecks, TAG Lending Group was built for you.
We're a Non-Delegated Correspondent Wholesale Mortgage Lender with access to 104+ investors, AI-powered technology, dedicated operations, and a proprietary mortgage platform designed to help you grow your business faster.
Why Top Producers Join TAG
More Lending Power
  • Access to 104+ investors
  • Non-Delegated Correspondent Lender
  • Pricing exceptions available
  • Conventional, FHA, VA, USDA, Jumbo, Non-QM, DSCR, Commercial, Construction, Reverse, HELOC, and Private Lending

Technology That Works
Included for one low monthly technology fee:
  • HubSpot Enterprise CRM
  • AI-powered automation
  • Arive LOS
  • Slack Pro
  • Box Cloud
  • Automated borrower and Realtor follow-up
  • Marketing campaigns
  • Smart workflows and dashboards

Dedicated Support
  • Same-day approvals available
  • 14-day closings on qualified files
  • Dedicated processing and operations
  • Pre-underwriting assistance
  • Contract-to-close support

Marketing That Helps You Grow
  • Realtor marketing support
  • Weekly Realtor cheat sheets
  • Automated email and text campaigns
  • Social media support
  • Weekly coaching and sales playbooks
  • Proprietary Road Map to Homeownership® system

Compensation
  • 180 BPS on self-generated loans (up to 225 BPS based on quarterly margin agreement)
  • 100 BPS on company leads
  • 70% of net on DSCR, Fix & Flip, and Commercial (up to 425 BPS)
  • Transparent compensation with on-time payments

What We're Looking For
  • Active NMLS License
  • Minimum two years of mortgage experience
  • Preferred production of $1M+ funded monthly
  • Purchase-focused mindset
  • Strong communication and follow-up skills
  • Comfortable using CRM and mortgage technology

Licensed States
Lender: Florida, Georgia, Michigan, New Mexico, Ohio, South Carolina, Tennessee, Texas,
Broker: Connecticut, New Jersey, North Carolina (Pending), Pennsylvania
Why TAG?
Most mortgage companies limit your options. TAG gives you access to 104+ investors, competitive pricing, AI-powered technology, and a team dedicated to helping you close more loans with less administrative work. Our platform combines the flexibility of a broker with the strength of a lender, giving you the tools to scale your business and deliver an exceptional experience to every borrower and Realtor.
If you're ready for a company that invests in your success, we'd love to meet you.
Apply today and Let's TAG TEAM This Deal®
Compensation: $150,000.00 - $500,000.00 per year
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
About Tag Lending Group
Tag Lending Group is one of Florida's fastest-growing and most forward-thinking mortgage companies. We are not here to simply close loans, we are here to change how the mortgage industry thinks about productivity, technology, and client experience.
We do not just originate, we automate
Our mission is to simplify and elevate the path to homeownership through our proprietary AI Mortgage Solutions Platform. Every borrower is guided step-by-step through a personalized Roadmap to Homeownership that delivers clarity, confidence, and speed, without sacrificing compliance or service quality.
At Tag Lending Group, technology drives efficiency, but people drive results.
How We Empower Loan Officers
We believe great Loan Officers should be focused on relationships and strategy, not chasing paperwork or fighting broken systems. Our platform is built to help MLOs work smarter, scale faster, and close more consistently.
Here's how we do it:
Smart Automation
From lead nurturing to borrower updates, our automated workflows keep clients engaged and files moving, allowing MLOs to focus on production, not follow-ups.
AI-Powered Structuring
Instant pre-underwriting logic identifies red flags early, reduces conditions, and minimizes back-and-forth with underwriting.
Database Activation
Built-in campaigns revive dormant leads and past clients, turning overlooked contacts into new opportunities.
Guided Borrower Journeys
Every borrower receives an AI-driven Roadmap, positioning you as a trusted advisor rather than just a transaction-focused loan originator.
Performance Dashboards
Real-time visibility into pipeline, conversions, and production metrics, because what gets measured gets closed.
Why Join Tag Lending Group
If you are ready to move beyond the traditional 9-to-5 mortgage model and plug into a system designed to multiply your production, Tag Lending Group is your next move.
We are a tech-enabled, people-powered organization. Whether you are a producing Loan Officer looking to level up or a branch leader ready to scale with speed and structure, we are built to support growth the right way.
Let's TAG TEAM this deal
Licensing, Employment & Compliance Disclosures
All Mortgage Loan Originators must hold and maintain an active NMLS license in the state or states in which they originate loans. Employment or engagement is contingent upon licensing eligibility and ongoing compliance with the SAFE Act, the Florida Office of Financial Regulation, and all applicable federal and state mortgage laws.
Positions may be offered on a W-2 or 1099 independent contractor basis depending on role, experience, and state-specific regulatory requirements. Classification is determined in accordance with federal and state labor laws.
All offers are contingent upon successful completion of background screening, verification of professional and regulatory history, and satisfaction of company compliance standards.
Remote positions are subject to state licensing approval and company authorization. Employment with Tag Lending Group does not imply automatic eligibility to originate loans in all licensed states.
Compensation structures vary by role, experience, and production. Earnings are not guaranteed and are based on individual performance, licensing status, market conditions, and adherence to company policies.
Tag Lending Group is an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, age, disability, veteran status, or any other status protected by law.

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