Residential Mortgage Underwriter II

Job overview

The Residential Mortgage Underwriter II role follows a hybrid schedule in Swansea, MA, with three to four days onsite and one to two days remote each week. The stated salary range is $69,891–$91,000 per year. The role supports BayCoast Mortgage Company’s residential lending operations. The underwriter evaluates borrower and collateral information to make prudent credit decisions within delegated authority. By managing a varied loan pipeline, clearing conditions, and coordinating with originators and operations staff, the role supports compliant, timely loan delivery and quality standards.

What you'll do

• Underwrite and approve residential mortgage loans within delegated authority
• assess income, assets, credit, collateral, and eligibility
• review and clear conditions
• use underwriting systems
• advise originators and operations staff
• identify and escalate risks
• assist with audits and quality initiatives
• collaborate on process improvements.

What we're looking for

Skills & competencies

residential mortgage underwriter

mortgage underwriting

conventional loans

fha

va

jumbo loans

construction loans

hybrid

swansea ma

baycoast mortgage

$69,891–$91,000/year

3–4 days onsite

1–2 days remote

Work arrangement

• Weekend coverage required

Benefits & perks

• Competitive benefits and career development opportunities are noted
• specific benefit details are not provided.

Why this role

Handles conventional, FHA, VA, jumbo, portfolio, self-employed borrower, construction, and renovation loans. FHA Direct Endorsement certification and Massachusetts or Rhode Island housing underwriting experience are preferred.

About the employer

Baycoast Bank is hiring for this role. Industry: Real Estate Credit. Sector: 52.