Real Estate Originations - Senior Real Estate Underwriter

At Mission Fed, we’re not just underwriting loans—we’re helping our members build their futures. As a Senior Real Estate Underwriter, you’ll be a trusted expert making high-impact lending decisions, navigating complex scenarios, and bringing deals to life—while ensuring full alignment with regulatory excellence.

In this role, you’ll evaluate complex mortgage transactions, ensure compliance with lending and investor guidelines, and assess risk to support sound decision-making. You’ll partner closely with originations, processing, and branch teams to clear conditions, provide guidance, and keep loans moving efficiently through the pipeline—all while delivering an exceptional member experience.

If this sounds like the right opportunity for you, we’d love to connect.

Want to know more? Here are a few more details. 

• Underwrite conforming, nonconforming, and jumbo loans including first mortgages, HELOCs, and equity loans
• Analyze complex financials, including personal/business tax returns (1040, 1120, 1120S, 1065) to determine income and risk
• Review and clear advanced underwriting conditions; recommend alternative solutions when needed
• Evaluate appraisals, collateral, and purchase contracts for compliance and accuracy
• Conduct default risk assessments and ensure compliance with ATR/QM, TRID, CFPB, and secondary market guidelines
• Present exception loans and counteroffers to Loan Committee when applicable
• Partner cross-functionally with processors, originators, and branch teams to ensure smooth loan progression
• Provide guidance, second-level reviews, and mentorship to underwriters and team members
• Maintain working knowledge of PMI guidelines and ensure proper coverage
• Support continuous improvement by identifying process enhancements and efficiencies

What We’re Looking For

• Bachelor’s degree (or equivalent experience)
• 6 years of mortgage underwriting experience
• Strong knowledge of:
  • FNMA (DU) & FHLMC (LPA)
• Conforming, nonconforming & jumbo loans
• ATR/QM, TRID, CFPB, and regulatory compliance
• Experience analyzing complex income structures and financial documents
• Strong decision-making, analytical, and problem-solving skills
• Ability to communicate clearly and collaborate cross-functionally

Tools & Systems Knowledge

• FNMA Desktop Underwriter (DU), DU Early Check
• FHLMC Loan Product Advisor (LPA)
• Black Knight Empower, OnBase
• Microsoft Office Suite
• PMI platforms (MGIC, Enact, Arch)

What we offer:

• The opportunity to work with a great team!
• You can’t beat a role in sunny San Diego!
• 18 days of annual PTO, plus 12 holidays
• 6% 401(k) match
• Full benefits package including medical, dental, vision, life insurance, and so much more
• On-site gym

If this sounds like an amazing opportunity to you (because ya, it is!), we want to hear from you! 

Base Pay/Salary: $100,800 - $123,200 per year*

*Actual base pay within this range will be determined by several components, including but not limited to, relevant experience, internal equity, skills, qualifications, and other job-related factors permitted by law.

Your privacy is very important to Mission Federal Credit Union. The California Consumer Privacy Act (“CCPA”)/ California Privacy Rights Act (CPRA) requires Mission Federal Credit Union to inform California residents, including job applicants, of the categories of personal information we collect and the purpose for which the personal information will be used. This job applicant notice and the CCPA/CPRA notice provides the disclosures required by the CCPA/CPRA and applies only to applicants who are subject to the CCPA/CPRA.   

Mission Federal Credit Union is an Equal Opportunity Employer. All applicants will receive consideration without regard to race, sex, color, creed, religion, age, marital status, sexual orientation, national origin, physical or mental disability, veteran status, or any other class protected by law. INDMF #Li-Hybrid

Salary : $101 - $123