Top 8 Mortgage underwriter Jobs in Milwaukee, Wi

UW, Construction & Renovation
Ixonia Bank —Brookfield, WI
- Remote
- Microsoft Excel
- Microsoft Outlook
- Mid-level
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Loan Coordinator
Novus Home Mortgage —Brookfield, WI
- Remote
- Writing skills
- Mid-level
- 1 year
Quick Apply
3d
Loan Delivery Credit Specialist
Novus Home Mortgage —Brookfield, WI
- $75,000 - $95,000 a year
- 5 years
- Research
- Mid-level
Quick Apply
13d
Mortgage Loan Closer
Tri City National Bank —West Allis, WI
- $24 - $30 an hour
- Full-time
- Mid-level
- Office
- High school diploma or GED
- Health insurance
- Dental insurance
8d
Commercial Credit Analyst
Johnson Financial Group —Milwaukee, WI
- Full-time
- Mid-level
- Office
- Finance
Mortgage Lender
Bank Five Nine —Hartland, WI
- Full-time
- Computer literacy
- Mid-level
- Windows
- Wellness program
- Paid holidays
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Mortgage Loan Processor, Full-Time (West Allis)
GUARDIAN CREDIT UNION —West Allis, WI
- Full-time
- Microsoft Word
- Mid-level
- Office

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Mortgage Underwriter
Bank Five Nine —Oconomowoc, WI
Level of position is determined by experience and valid licensing/certifications. Compliance: Ensure all activities comply with state and federal laws,…
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MORTGAGE LOAN OFFICER (200BPS)
Modern Valley Home Loans LLC —Ohio
Active MLO license in *MI, VA, FL, TX, OH, AL*. ✅ Free client credit pulls and credit repair services (Preferred Lender). ✅ Earn top-tier commission (200+ BPS).
$60,000 - $500,000 a year
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1d
Mortgage Underwriter
Equity Resources, Inc —Newark, OH
Bachelor’s Degree in Business, Finance, or related field preferred (or equivalent combination of education and experience); minimum HS diploma or equivalent.

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mortgage underwriter jobs near milwaukee, wi

UW, Construction & Renovation

Ixonia Bank -
Brookfield, WI

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Job Details

Qualifications

Underwriting verification process
Automated underwriting system
Construction specifications
Microsoft Excel
Loan compliance checks
Regulatory compliance evaluation
Microsoft Outlook
Underwriting guidelines adherence
Federal Housing Administration (FHA) loans
Valuation
Consumer lending analysis in risk and credit
Conventional mortgage loans
Mid-level
Real estate quality control
3 years
Quality control audit
Construction mortgage loans
Real estate appraisal regulatory compliance
Analysis skills
Construction plans
Construction drawing review
Staff training
Industry knowledge of financial regulations
Mentoring
SharePoint
Real estate (financial collateral)
Loan approval guidance
FHA Direct Endorsement Certification
Collateral evaluation (loan underwriting)
FNMA

Full Job Description

The Construction and Renovation Underwriter is responsible for analyzing, evaluating, and underwriting residential construction, construction-to-permanent, renovation, rehabilitation, and specialty renovation mortgage loans. This position ensures loan applications meet agency, investor, regulatory, and company guidelines while delivering sound credit decisions and maintaining exceptional service levels. The Underwriter works closely with loan officers, processors, contractors, appraisers, and internal stakeholders to assess borrower qualifications, construction feasibility, project budgets, and collateral adequacy.

The ideal candidate possesses extensive knowledge of residential mortgage underwriting, construction lending, renovation financing programs, and applicable regulatory requirements. This role requires strong analytical skills, attention to detail, and the ability to effectively communicate underwriting decisions and requirements.

Essential Duties and Responsibilities:

Underwrite residential construction, renovation, and rehabilitation mortgage loan applications in accordance with agency, investor, and company guidelines.
Analyze borrower creditworthiness, including income, assets, liabilities, employment, reserves, and overall financial capacity.
Review construction and renovation plans, budgets, contractor information, draw schedules, and project feasibility.
Evaluate appraisal reports, plans and specifications, permits, inspections, and related collateral documentation.
Assess risk factors and determine eligibility for construction-to-permanent financing and renovation loan programs.
Review and validate contractor credentials, licensing, insurance coverage, and project experience as required.
Ensure loan files meet FHA 203(k), Fannie Mae HomeStyle®, Freddie Mac Choice Renovation®, USDA, VA, and proprietary loan program guidelines as applicable.
Calculate qualifying income for self-employed, commissioned, and complex borrowers.
Issue credit decisions, conditions, suspense notices, and final approvals within established service-level expectations.
Collaborate with processing, closing, quality control, compliance, and secondary marketing teams to resolve underwriting concerns.
Provide clear and concise explanations regarding loan decisions and required conditions.
Review and approve construction draw requests and project milestones when applicable.
Maintain a thorough understanding of evolving agency, investor, and regulatory requirements.
Participate in audits, quality control reviews, and investor examinations.
Serve as a subject matter expert for construction and renovation lending products.
Assist with training and mentoring junior underwriters and operations staff.
Perform additional duties as assigned.

An individual in this position must be able to successfully perform the essential duties and responsibilities listed above. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.

Knowledge, Skills and Abilities:

Comprehensive knowledge of residential mortgage underwriting principles and risk assessment.
Strong understanding of construction-to-permanent and renovation loan products.
Knowledge of FHA, VA, USDA, Fannie Mae, Freddie Mac, and non-agency underwriting guidelines.
Familiarity with construction budgeting, project funding, draw administration, and contractor management.
Understanding of residential appraisal methodologies and property valuation standards.
Knowledge of mortgage lending regulations and compliance requirements.
Excellent verbal and written communication skills.
Effective problem-solving and risk evaluation skills.
Proficiency with Loan Origination Systems (LOS), Automated Underwriting Systems (AUS), and mortgage technology platforms.
Strong attention to detail and accuracy.

Qualifications:

Minimum of 3-5 years of residential mortgage underwriting experience.
Minimum of 2 years underwriting construction, renovation, or rehabilitation loans preferred.
DE, SAR, VA LAPP, or other underwriting certifications are a plus.
Experience with FHA 203(k), HomeStyle®, Choice Renovation®, and construction-to-permanent lending strongly preferred.
Experience using Microsoft Office products (i.e. Word, Excel, Outlook, PowerPoint, SharePoint).

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.

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mortgage underwriter jobs in milwaukee, wi

UW, Construction & Renovation

Loan Coordinator

Loan Delivery Credit Specialist

Mortgage Loan Closer

Commercial Credit Analyst

Mortgage Lender

Mortgage Loan Processor, Full-Time (West Allis)

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