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Underwriting Team Lead

Job Details

Job Location

Remote East Coast - Linthicum, MD

Remote Type

Fully Remote

Position Type

Full Time

Salary Range

$105000.00 - $115000.00 Salary

Description

Position Summary:

The Underwriting Team Lead is responsible for overseeing the day-to-day workflow of a team of mortgage underwriters, ensuring timely, accurate, and compliant credit decisions. This role acts as a bridge between underwriting and key stakeholders across sales and operations, supporting departmental goals through pipeline management, mentorship, and process execution. The Team Lead combines expert-level knowledge of underwriting guidelines with strong leadership skills to drive performance, service, and quality across the team.

Qualifications:

+ College degree in business, finance or related field; equivalent experience may be considered.

+ Minimum of four (4) years of mortgage underwriting experience.

+ FHA Direct Endorsement (DE) certification with at least two (2) years of DE experience required.

+ VA SAR/Credit Authority with at least two (2) years of experience preferred (in progress may be considered).

+ Familiarity with a wide range of loan products, including Bond, Jumbo, USDA, and specialty programs.

+ Strong understanding of federal and state lending regulations, along with agency/investor guidelines (FNMA, FHLMC, FHA, VA, etc.).

+ Demonstrated ability to lead, coach, and support underwriting team members in a fast-paced environment.

+ Excellent communication, collaboration, and problem-solving skills.

+ Proficient in mortgage loan origination systems and underwriting technology tools.

+ High attention to detail with sound analytical and credit decision-making abilities.

Essential Job Functions include, but are not limited to:

+ Manage daily underwriting pipeline to ensure timely credit decisions and meet service level agreements (SLAs).

+ Support underwriters with complex files and perform second-level reviews as needed.

+ Underwrite files within delegated authority to maintain productivity and expertise.

+ Provide guidance and mentorship to team members; support training and onboarding initiatives.

+ Act as a primary point of contact for internal departments including sales, processing, and operations.

+ Approve, suspend, decline, or counteroffer loans in accordance with investor and company guidelines.

+ Ensure data integrity, complete documentation, and compliance with regulatory and investor standards.

+ Monitor team performance and contribute to process improvements and operational efficiencies.

+ Communicate updates on underwriting policies, procedures, and investor changes clearly and effectively.

+ Support the resolution of escalations, condition clearing, and exception requests.

+ Track and address delivery errors or audit findings on assigned files.

+ Lead team meetings and represent underwriting in leadership or cross-functional discussions.

+ Promote a culture of quality, compliance, collaboration, and customer service excellence.

+ Maintain reliable attendance and flexibility to work overtime or travel as needed.

+ Perform other duties as assigned.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, skills, efforts, or working conditions associated with a job.

Working Conditions Information:

The physical demands described here must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

While performing the duties of this job, the employee is frequently required to sit and talk or hear. The employee is often required to walk; use hands to finger, handle, or operate computers, objects, tools, or controls; and reach with hands and arms. Specific vision abilities this job requires include close vision and the ability to adjust focus.

This job description is not a contract of employment. The employer, in its sole discretion, may modify or adjust the position to meet the organization’s changing needs.

NFM Lending, Inc. is an equal-opportunity employer. We value diversity and do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. NFM believes success is created by a diverse workforce of individuals with different ideas, strengths, interests, and cultural backgrounds.

Additional Information:

The range provided reflects the expected compensation for this role and is considered a general guideline. Actual compensation will be decided based on factors such as geographic location, skills, education, experience assessed during the interview process, and internal pay equity. Compensation may also include incentives such as per-file bonuses and discretionary bonuses as applicable to the role.

In addition to a competitive compensation package, qualifying employees are eligible to participate in our Total Rewards program. Additional information can be found by clicking on the following link: Benefits and Total Rewards (https://nfmlending.com/careers/benefits/)