Contract Mortgage Underwriter
Contract | Remote | Per-File Compensation
FocusOne Mortgage Solutions is seeking an experienced Contract Mortgage Underwriter to support conventional loan production on a per-file basis. This role is ideal for an underwriter who is efficient, detail-oriented, and comfortable working within SLA-driven turn times while maintaining strong credit quality.
This is a 1099 contract position and does not include employee benefits. Prefer a candidate located in Houston, Texas and surrounding area.
Scope of Work
The Contract Mortgage Underwriter will be responsible for underwriting conventional, non-complex loan files in accordance with Fannie Mae and investor guidelines.
Key ResponsibilitiesPerform initial underwriting reviews and issue underwriting decisions on complete loan submissions
Review and analyze loan documentation including:Credit reports
Income and asset documentation
Tax returns and bank statements
Appraisals and collateral documentation
Ensure loans meet Fannie Mae, investor, and company underwriting guidelines
Identify and assess risk factors and mitigating circumstances
Review conditions and perform Clear-to-Close (CTC) reviews as assigned
Communicate underwriting decisions and conditions clearly to internal production staff
Maintain quality, consistency, and compliance while meeting established turn-time expectations
QualificationsMinimum 5 years of recent conventional mortgage underwriting experience
Strong working knowledge of Fannie Mae guidelines
Experience underwriting wage-earner income (self-employed or complex income not required)
Ability to manage workload independently and meet SLA-based deadlines
Strong written and verbal communication skills
Experience with Encompass preferred
Proficient with Microsoft Office tools
Contract DetailsIndependent contractor (1099)
Per-file compensation, based on performance and turn times
Work volume provided based on business needs
Equipment, licensing, and work environment provided by contractor