Home Equity Lending Underwriter

Confirmed live in the last 24 hours

Peak Credit Union

Compensation

$33.17 - $37.69

Remote

Posted April 15, 2026

Job Description

To maintain a strong connection with our members and local communities and better understand their unique needs, we are currently considering applications from candidates residing in Oregon and Washington for all open positions. We appreciate your understanding as we focus our hiring efforts in these specific regions. And, we encourage all qualified candidates from these states to apply, as we look forward to learning more about your unique skills and experience!

Applicants are encouraged to apply by April 20th, 2026, at 5:00 PM PST. Job postings are subject to close early or extend longer than the anticipated closing date. We recommend applying as soon as possible.

Where You Will Work: Remote role open to candidates residing in Washington (WA) or Oregon (OR). (Branches)

Pay Range: The target hourly pay range for this position is $33.17 - $37.69. The full hourly pay range is $30.15 - $45.23.

Compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training. Should an offer of employment be made, we will consider individual qualifications. In addition to your salary, compensation incentives are available for the hired applicant. Incentives are performance based and targets vary by role.

Job Overview:

This position is responsible for reviewing and analyzing home equity loan applications to determine borrowers’ eligibility based on credit, financial, and collateral risk factors. Makes sound credit decisions after fully evaluating borrowers’ financial profiles and underwriting the subject property, while ensuring compliance with all regulatory and company standards.

What You’ll Do:

Analyzes home equity loan applications and supporting documentation for accuracy and completeness.
Evaluates borrowers credit histories, income sources, ability to repay, and collateral sources.
Performs risk review and determines loan to values (LTV), combined loan to value (CLTV), and debt to income (DTI) ratios are acceptable.
Decisions loans within designated authority levels ensuring sound and responsible lending practices, while maintaining a solutions-based mindset. Issues counter offers when feasible.
Supports team members by answering questions, assisting with problem resolution, and providing counsel on complex loan scenarios.
Collaborates with and develops strong relationships with loan officer team while working towards solutions to facilitate loan approval, ensuring an exceptional member experience.
Maintains a high level of knowledge on all types of loans offered and the features and benefits of all related credit union services and products, with an emphasis on home equity products.
Manages the underwriting pipeline to ensure service and regulatory standards are maintained.
Ensures adherence to all federal and state regulatory requirements, confirming and documenting Home Mortgage Disclosure Act (HMDA) action take reasons are appropriate.
Skilled in analyzing income documentation, tax returns, credit risk, property valuations, title reports, and all aspects of the credit decisioning process.
Identifies potential issues with loan files and resolves accordingly and/or collaborates with management to resolve as needed.<