Government Mortgage Underwriter (Wholesale)

CMG Financial is seeking an experienced Wholesale Government Underwriter with an active FHA Direct Endorsement (DE) designation and, preferably, an active VA (SAR/LAPP) designation. This role is responsible for underwriting residential mortgage loans in accordance with investor guidelines, agency requirements, and CMG Financial credit policy.

The ideal candidate will demonstrate strong credit judgment, production efficiency, and the ability to communicate clearly with internal partners while protecting the financial and operational interests of the company.

Essential Duties and Responsibilities:

• Underwrite FHA and/or VA loans (SAR/LAPP preferred) in accordance with agency guidelines.
• Underwrite additional loan products, including:

• Conventional (Fannie Mae & Freddie Mac)
• Bond programs and Renovation (preferred)
• USDA, Jumbo and Non-QM (preferred)

• Maintain production standards of 45+ initial underwrites per month, while meeting quality expectations.
• Review and re-review files promptly as conditions are cleared or new documentation is received.
• Communicate loan decisions, conditions, and status updates clearly and professionally with Loan Officers and Processors using company technology platforms.
• Accurately document underwriting decisions and maintain detailed conversation logs in Byte.
• Interpret and analyze DU and LP findings and document conclusions appropriately.
• Stay current on product guidelines, agency updates, and company credit policies.
• Provide guidance and informal leadership within the underwriting team, supporting credit policy execution.
• Assist with training and knowledge-sharing across mortgage operations as needed.
• Complete ad hoc reporting and additional responsibilities as assigned.

Required Qualifications & Experience:

• Minimum 5 years of recent government underwriting experience.
• Active FHA DE designation (CHUMS required).
• Active VA SAR/LAPP designation preferred.
• Proficient in completing manual underwriting of government loans. 
• Recent experience underwriting Conventional loans.
• Demonstrated knowledge of DU and LP submission, interpretation, and documentation.
• Strong understanding of agency guidelines and investor overlays.
• Ability to manage high volume in a fast-paced, production-driven environment.
• Proficiency in Microsoft Word, Excel, and standard email systems.
• Excellent communication, organizational, and interpersonal skills.
• Proven ability to exercise sound credit judgment with integrity and confidentiality.
• Demonstrated leadership capability and collaborative mindset.

SUPERVISORY RESPONSIBILITIES: Direct Reports: No

PHYSICAL and ENVIRONMENTAL CONDITIONS:

This role operates in an ADA compliant office environment, utilizing typical office equipment and tasks including computer work. The position may involve partial stationary positions and moving throughout the day. Flexibility to work overtime to meet project deadlines is required.

Base Compensation Information – For residents of the states of CA & CO, and for NY + other areas requiring disclosure:

CMG pays a competitive base which ranges from $90,000 - $100,000+ as well as per file bonus and OT as needed. Factors that affect base salary may include: Underwriter experience including active FHA and VA designations, overall knowledge, number of years worked in mortgage industry, types of roles performed, computer skills, experience specific to working with mortgage lenders, and education.