Underwriter Housing Trust Silicon Valley

Another Sources clientHousing Trust Silicon Valley is recruiting anUnderwriterto join their team inSan Jose CA. This is ahybridopportunity with2 days onsite and 3 days remoteeach week.

Heresa little about Housing Trust Silicon Valley:

Housing Trust Silicon Valley is dedicated to creating housing opportunities for individuals and families throughout the Bay Area. Through innovative lending programs down paymentassistance and strategic partnerships Housing Trust Silicon Valley helps make homeownership more accessible while strengthening communities and expanding economicopportunity.

As part of the Homebuyer Programs teamyoulldirectly support first-time homebuyers on their path to homeownership. This highly client-facing role combines underwritingexpertisewith relationship-building allowing you to work closely with borrowers throughout the loan process while ensuring responsible lending practices compliance and an exceptional customer experience.

About this role:

The Underwriter reports to the Manager of the Homebuyer Programs and plays a key role in evaluating loan applications for down paymentassistanceand other homebuyer programs. The Underwriter ensures compliance with program guidelines regulatory standards and internal policies while delivering excellent service to borrowers and partners.

In addition the Underwriter takes ownership of files from application through approval resolves standard to complex scenarios and supportstimelyaccurateloan decisions under the supervision and guidance of the Manager of Homebuyer Programs. The Underwriter also contributes to process improvements and collaborates across departments to support successful outcomes for first-time homebuyers.

Yourcontributionwilllikelyinclude:

Program Knowledge & Compliance

• Demonstrate knowledge of all homebuyerassistanceprograms eligibility requirements and underwriting standards

• Apply program guidelines accurately and consistently in underwriting decisions

• Maintain compliance with internal policies program regulations and lending laws including TILA RESPA ECOA FCRA and HMDA

• Stay informed of updates to underwriting practices program requirements and regulatory guidelines

• Assistwithmaintainingcomplete and organized documentation for compliance and audit purposes

Underwriting & Loan Processing

• Review and analyze loan applications todetermineprogram eligibility and assess loan risk

• Verify and evaluate income asset credit and collateral documentation

• Underwrite loansin accordance withprogram and regulatory guidelines; issue decisions with clear rationale

• Review and clear loan conditions to ensure complete andaccuratefiles

• Prepare files for final review and approval/denial by the Manager of Homebuyer Programs

• Escalate complex scenarios or policy questions to management as appropriate

• Maintain accountability for assigned files from application through approval meetingdeadlinesand service standards

• Ensureaccuratedata entry and documentation using systems such as Salesforce and Excel-based loan worksheets

• Meet department productivity and quality expectations

Customer Service & Stakeholder Communication

• Provide responsive professional support to borrowers internal staff and external partners

• Collaborate with processors program specialistslendingand real estate professionals to complete documentation

• Communicate underwriting decisions and status updates clearly to team members and professionally to external stakeholders

• Promote transparency and alignment throughtimelyand effective communication

Team Collaboration Training & Continuous Improvement

• Participate in quality control activities and peer reviews to support consistent underwriting standards

• Provide feedback to support process improvements and efficient program operations

• Occasionally support outreach and educational activities related to homeownership programs

• Manage workload effectively to meet established timelines

Additional Responsibilities (as needed)

• Conduct borrower counseling sessions covering documents disclosures and closing procedures

• Support the funding process by clearing conditions and preparing fund release documentation

• Conduct post-closing reviews for compliance with program standards

• Prepare and organize closed loan files for audit or transfer to Asset Management

Experienceyouwillbring:

• Minimum 3-5 years of residential mortgage underwriting experience required; affordable housing experience strongly preferred

• Knowledge of homebuyerassistanceprograms FHA/VA/Conventional underwriting and affordable housing best practices

• Strong analytical skills in evaluating income assets credit and collateral

• Ability to manually underwrite mortgage loan applications

• Strong written and verbal communication with attention to detail and time-management skills

• Familiarity with applicable compliance regulations including TILA RESPA ECOA HMDA FCRA etc.

• Familiarity with FNMA FHLC FHA and VA guidelines preferred

• Proficient in Microsoft Office; experience with Salesforce and file-sharing tools (e.g. ) preferred

• Ability to manage multiple tasks and adapt to changing priorities

• Strong interpersonal skills and ability to work across diverse communities

• Commitment to outstanding customer service and first-time homebuyer support

• NMLS license preferred

• Bilingualproficiencyin a language reflecting the communities we serve is a plus

Compensation & Benefits:

The hourly salary range for this position is$42.78- $50.00per hour.

Housing Trust offers a competitive total compensation package including:

• Medical dental and vision coverage fully paid for employees with 50% of premiums covered for eligible dependents

• Employer-funded 401(k) contribution of 3% plus anadditionalmatch of up to 2%

• Generous paid time off including three weeks of vacation twelve sick days eleven holidays and a year-end office shutdown

• Eligibility for an annual performance-based bonus

• Tuition reimbursement andadditionalbenefits

Another Source works with their clients on a retained project basis. We are committed to building inclusive candidate pools as we partner with hiring teams. As youread throughthe job posting and review the list of qualifications (and/or preferred) please do not self-select out if you feel you do not meet every qualification. No one is 100% qualified. We encourage you to apply and share your story with us.

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