Location: Cambridge, MA | Hybrid after training
Pay Range: $38.40-$59.55/hour
Schedule: Part-time | 24-hour work week | 3 days/week, 8 hours/day
About the Role
A respected banking and mortgage lending organization is seeking a detail-oriented Senior Loan Underwriter to support expansion in its Residential Lending Division. This part-time opportunity is ideal for an experienced professional who thrives in a collaborative, compliance-driven environment and values flexibility.
Key Qualifications
- 3+ years of Mortgage Banking underwriting experience
- Strong knowledge of mortgage underwriting policies and procedures
- Experience applying FNMA and FHLMC guidelines
- Ability to register as a Mortgage Loan Originator (MLO) under the S.A.F.E. Act
- Excellent analytical, mathematical, and problem-solving skills
- Strong written and verbal communication abilities
- Proficiency in Microsoft Word and Excel
- Highly organized with the ability to manage multiple loan files simultaneously
Responsibilities
- Review and analyze residential mortgage loan files to ensure complete and accurate underwriting documentation
- Evaluate borrower financial statements, credit reports, income documentation, and property appraisals
- Interpret and apply FNMA (Fannie Mae) and FHLMC (Freddie Mac) underwriting guidelines
- Assess loan risk and make independent underwriting decisions within secondary market guidelines
- Recommend approval or denial of residential mortgage applications and real estate loan extensions
- Prepare commitment letters, adverse action notices, and maintain accurate pipeline reports
- Verify and maintain accurate HMDA reporting data
- Conduct pre- and post-funding loan file audits
- Serve as liaison with customers, brokers, correspondent lenders, investors, attorneys, and internal teams
- Assist with underwriting additional products, including Consumer Loans, HELOCs, and Small Business Loans
- Ensure full compliance with federal and state banking regulations, including the S.A.F.E. Act
Take the Next Step
If you’re an experienced Mortgage Underwriter seeking a flexible, growth-oriented opportunity in residential lending, we encourage you to apply today.
Submit your application now to join a team committed to delivering high-quality mortgage solutions.
Founded in 1969, JOHNLEONARD, a woman-owned business, is the premier staffing choice in Boston and beyond. We provide Temporary/Contract, Direct Hire, Temp-to-Hire, and Payroll services as part of our comprehensive service offerings. JOHNLEONARD is an equal opportunity employer committed to representation, belonging, and accessibility in the workplace. All applicants are encouraged to apply and will receive consideration for employment without regard to race, religion, color, national origin, age, sex, sexual orientation, disability status, or any other characteristic protected by applicable law.
