Sr. Mortgage Loan Underwriter - Construction (WA, ID & OR Only)

Is it surprising to hear that a financial institution of 1.5 million members and over $30 billion in managed assets say that success comes from focusing on people, not profits?

Our “people helping people” philosophy has guided us since 1935, driving our deep commitment to serving our members, communities, and each other. When you join our team, you become part of a purpose-driven organization where your work makes a real difference.

While we’re proud of our history, we’re even more excited about our future. With business and technology transformation on the horizon, there’s never been a better time to be part of BECU.

PAY RANGE

The Target Pay Range for this position is $46.59-$56.92 hourly. The full Pay Range is $36.21-$67.36 hourly. At BECU, compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training. Should an offer for 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. hourly. At BECU, compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training. Should an offer for 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.

BENEFITS – because people helping people starts with supporting you

• 401(k) Company Match (up to 3%)

• 4% annual contribution to your 401(k) by BECU

• Medical, Dental and Vision (family contributions as well)

• PTO Program + Exchange Program

• Tuition Reimbursement Program

• BECU Cares volunteer time off + donation match

IMPACT YOU’LL MAKE:

As a Sr. Mortgage Loan Underwriter at BECU, you’ll play a meaningful role in helping members achieve homeownership while protecting the integrity and quality of our lending portfolio. Your expertise in underwriting, problem-solving, and relationship-building will directly support members through one of the most important financial decisions of their lives.

In this role, you’ll use your knowledge of construction lending programs, along with conventional, FHA/VA, and other specialized mortgage programs to make thoughtful, consistent lending decisions that align with investor and agency guidelines while keeping the member experience at the center of every interaction. You’ll collaborate across teams, offer creative lending solutions, mentor others, and contribute to continuous improvement initiatives that shape the future of mortgage lending at BECU.

Your work will help create confidence, trust, and financial well-being for our members while empowering you to grow your expertise and influence within a collaborative, people-first environment.

To join our dynamic team in this role, we require candidates to be residents of WA, ID or OR. If you’re located in Washington state and within a reasonable driving distance to our Tukwila Headquarters (TFC), we encourage you come into the office on Tuesdays & Wednesdays each week.  For those candidates that live outside the commutable distance to TFC and in any of our approved remote work locations, this role will be primarily remote. Remote or onsite, we are committed to ensuring you are fully engaged and included in our collaborative environment. 

WHAT YOU’LL DO:

• Deliver Sound Underwriting Decisions: Perform prudent underwriting on conventional, FHA/VA, and special loan programs offered by the Credit Union while balancing risk management with exceptional member service.
• Analyze Complex Loan Scenarios: Complete detailed reviews of loan files to ensure compliance with investor, FHA/VA, and BECU guidelines while identifying opportunities to structure solutions that support members’ goals.
• Create Member-Focused Solutions: Develop counteroffers and alternative lending options that help members qualify while maintaining underwriting quality and regulatory standards.
• Evaluate Overall Loan Quality: Review the complete credit package and collateral documentation to ensure residential mortgage loans meet investment-quality standards.
• Validate Financial Accuracy: Confirm the accuracy of income calculations, loan-to-value ratios, and other critical financial components to support sound lending decisions.
• Escalate High-Authority Loan Requests: Recommend loan disposition decisions to the Underwriting Manager, Mortgage Cred