Senior Underwriter

About the role

At AD Mortgage, we’ve been helping clients achieve their homeownership dreams for over 20 years — and we couldn’t do it without our team.

With more than 400 passionate professionals (and growing!), we’ve built a culture rooted in collaboration, continuous growth, and shared success.

Join a company that listens to your voice, invests in your development, and celebrates every win — big or small.

Key Responsibilities

• Reviews all items and conditions provided by borrowers and ensures they meet the required guidelines by utilizing internal and external (e.g., agency) policies and procedures [e.g., automated underwriting systems such as Desktop Underwriter (DU)]
• Knowledge of FANNIE / FREDDIE is a must.
• Wholesale / Correspondent experience is preferred
• Non-QM and VA experience are preferred.
• Ensures that Company operating standards are met for underwriting and compliance by utilizing internal and external (e.g., agency) policies and procedures
• Reviews applications and all pertinent disclosures to ensure compliance with all Federal, State, and investor requirements are met and upheld
• Monitors property appraisal process to ensure the value of a property is accurately presented
• Analyzes documentation such as credit, income, assets, and appraisals to make sound underwriting decisions based on this analysis by using an internal checklist
• Analyzes loan applications to identify any risk issues and/or potential misrepresentation.
• Reviews documentation and ensures documents are properly classified and organized
• Makes quality underwriting decisions while maintaining Company turn-time expectations
• Reviews and clears conditions on all loans to ensure a complete loan package prior to closing
• Utilizes proprietary and online tools [e.g., Lexis/Nexis, Real Quest, Mortgage Electronic Registration System (MERS), AVM’s, etc.] to help combat fraudulent activity and ensure quality loan decisions
• Have the ability to rework loans to new terms, and identify additional conditions as needed.
• Must be able to provide quick and accurate answers on multiple loan project guidelines
• Engages specific strategies (e.g., determines appropriate individuals to resolve escalated customer issues, etc.) to resolve customer questions and concerns
• Continually reviews underwriting environment, and suggests improvement opportunities to management
• Acts as a recognized subject matter expert within the Company and partners with management on underwriting-related issues by providing analytical support, and counseling advice for their functional areas

Location and Schedule

This is a full-time, office-based position in a modern, cozy environment in our Troy, MI office.

Our standard working hours are Monday to Friday, 9:00 AM to 6:00 PM.

Skills & Qualifications

• Intermediate knowledge in Microsoft Word, Excel and Outlook
• Expert knowledge of conventional and/or government loan underwriting and selling guidelines (e.g., Fannie Mae, Freddie Mac, FHA, VA, etc.)
• Exceptional customer service
• Excellent attention to detail
• Ability to communicate effectively with all levels
• Ability to positively project the Company and department

What We Offer | Career and Culture

• Company Culture: Inclusive, supportive company culture where you are not a number, but a voice that's heard and brings value.
• Growth Path: Defined paid training and clear pathways for career development.
• Benefits: Comprehensive benefits package including PTO, sick days, paid volunteer hours, medical, dental, vision insurance, and 401(k).

Department

Mortgage Operations | Underwriting

Role

Senior Underwriter

Locations

Troy MI

Yearly salary

$70,000 - $90,000

About AD Mortgage

AD Mortgage is a broker-voted Top 5 U.S. wholesale lender, and recognized as a top Non-QM lender in the U.S. With 20 years in the industry, we offer a full range of loan programs, including DSCR, Bank Statement, FHA, and Conventional loans.