Job Description

Job Description

Job Description

New Hampshire Housing’s mission is to promote, finance, and support housing solutions for the people of New Hampshire. We have empowered over 55,000 families to achieve their dream of homeownership and have played a pivotal role in funding the development of over 16,000 multifamily housing units. Our dedicated team manages thousands of Housing Choice Vouchers annually.

We’re on a mission, and we want your expertise!

Do you have strong experience in residential mortgage underwriting? Join our Homeownership team that is dedicated to creating successful homeownership opportunities for families throughout New Hampshire!

We’re hiring a Senior Mortgage Loan Underwriter for our Homeownership Division.

You will:

• Leverage a high level of decision-making authority, particularly with DE (Direct Endorsement) and VA LAR (Veterans Affairs Loan Agent) credentials, to independently underwrite residential loan applications. Evaluating complex financial scenarios, assessing creditworthiness, and making informed decisions to approve or deny loans in alignment with regulatory requirements and NH Housing policies.
• Provide guidance and direction to lending analysts regarding complex underwriting related matters and operational issues; authorize appropriate solutions to resolve issues.
• Monitor and analyze changes to applicable federal and state laws, rules and regulations; develop action plans for implementation/dissemination and coordinate changes within the division. Review and analyze loan applicants’ financial status, credit reports, title insurance commitments, property appraisals and legal documents.
• Compile information and documents to support credit decisions and determine loan risk including all documents required by the underwriting findings and other requirements.
• Communicate and document reasons for approval or denial of loans to keep staff and loan officers well-informed.

What’s required? 

• Minimum 7 years of relevant work experience (in residential lending, reviewing credit documentation and underwriting to agency and investor guidelines).
• FHA Direct Endorsement designation required. VA SAR designation highly preferred.
• Expert knowledge of Desktop Underwriter (DU), Loan Prospector (LP) and FHA Total Mortgage Scorecard.
• Demonstrated knowledge of all eligibility and underwriting requirements (law, regulations, policies, and guidelines) set by the agencies.
• Experience with paperless Loan Original System required. Experience with Encompass preferred.
• Solid knowledge of appraisal process and warrantable condo guidelines preferred.
• Education: Bachelor's degree in a related field.

Why should you join our team?

• Our employees are our most important asset and our policies, benefits and workplace culture reflect this value
• You'll work with a highly engaged and diverse team
• We’re known for excellence in the affordable housing industry

What do we offer you?

• Competitive salary
• Multiple high-quality health insurance options
• Vision plan
• Employer-paid dental plan
• Employer-paid disability insurance
• Employer-paid life insurance
• Undergrad and Graduate tuition reimbursement
• Student loan repayment assistance
• Two retirement plans with employer contributions to both
• Flexible work schedules with remote/hybrid work options
• Generous and flexible PTO plan & paid volunteer time
• Paid parental leave
• Fitness rewards and reimbursement programs
• And so much more!

As an Equal Opportunity Employer, New Hampshire Housing is committed to building a workforce that is as diverse as the people we serve.

Starting Pay: $63,448 annual - $79,259 annual, dependent on relevant experience.

Apply now! Please complete our online application.

Interested in this Senior Mortgage Loan Underwriter position but not sure you check every box? Don't let doubts hold you back! We value diverse perspectives and unique strengths. If you're interested in this role and motivated to contribute, we welcome your application. Your passion and potential might align perfectly with what we're seeking.

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