Top 25 Mortgage Underwriter Interview Questions and Answers in 2022 – Knowledge Hub for Business Management and Technology Professionals

Interview Questions for Mortgage Underwriters:
  • What experience do you have as a mortgage underwriter? …
  • How do you stay up-to-date on mortgage industry trends and regulations? …
  • What do you consider to be a red flag in loan applications? …
  • How do you ensure the accurate and timely delivery of your work?

Mortgage Underwriter Interview

2. How Come You Stay Motivated Being A Mortgage Underwriter?

I always start my day by securing the most difficult tasks. The feeling of relief that comes when you tick off a difficult task from the list is one of the biggest motivations. Once I know that the weight is off my shoulder now and I can have an easier day ahead by doing other important and miscellaneous tasks. I also had a great team who would share the burden of responsibilities with each other. Bi-weekly, we would all go out for a coffee or lunch together and enjoy ourselves doing team-building activities.

Software can be a huge help to underwriters. Can you tell me a bit about the kinds of programs you’ve used in the past?


Computer applications can help underwriters manage and organize the legal processes or documents they are tracking for your company. This question tells you a bit about the potential hire’s previous experience, how knowledgeable they are about programs that relate to their field and how they use software to improve efficiency. What to look for in an answer:

  • Past experience with applications
  • Knowledge of specific software in the field
  • How certain programs are effective
  • “In my experience, software solutions like Applied Epic are useful here. This program automates a lot of the underwriting process and helps me insert rules or policy changes quickly.”


    17. How Long Does The Mortgage Underwriting Process Take?

    Normally it should close within 30 to 45 days from the time of contract. Closing time should be one of the criteria for evaluating a lender. Many lenders have taken steps to control the amount of business that they want and can take in. Those who have not, however, may have a slower underwriting process. Avoid incurring any new debt during the underwriting process, whether through a credit card, a new auto loan, or anything else. In other words, new credit can both delay and derail the underwriting process.

    17 questions about experience and background

    Here are 17 questions you may get during a mortgage underwriter interview that focus on your experience and background:

  • What drew you to mortgage underwriting?
  • What experience do you have in this role?
  • What steps do you take to reject mortgage applications?
  • Do you have experience in other jobs that contribute to succeeding as a mortgage underwriter?
  • Can you describe a typical day at work?
  • Whats your favorite part about working as a mortgage underwriter?
  • What about your work might you change going forward?
  • Do you subscribe to any mortgage industry journals, magazines or newspapers?
  • Can you describe the difference between manual automating and automated underwriting?
  • How long does the underwriting process typically take you?
  • How long does it take you to review a mortgage application?
  • What types of programs or software do you use?
  • Whats the best approach a lender might take if it has an automated system?
  • How might you make the underwriting process go quicker?
  • Can you describe a time when you successfully communicated with a difficult client?
  • Can you describe what type of documents a client needs to provide to apply for a mortgage?
  • What might you do if you cant find a lot of information about a clients financial standing?
  • Here are 16 in-depth questions about being a mortgage underwriter that you may hear in your interview:

  • What do you consider green flags and red flags on mortgage applications?
  • What steps do you take to ensure your work is accurate?
  • If I were to talk with your previous boss, what would they say about you?
  • How do you stay organized in your work?
  • How do you ensure that you meet deadlines?
  • Was choosing a career as a mortgage underwriter a good choice for you?
  • Can you describe a typical day at work?
  • Can you describe the process of reviewing a mortgage application from start to finish?
  • How have you prepared yourself for this role?
  • How might a co-worker describe you?
  • How might a supervisor describe you?
  • How well do you perform under pressure?
  • How might you verify income details for someone whos self-employed?
  • Can you describe a time you had to deliver difficult news to a client?
  • How might you evaluate success as a mortgage underwriter?
  • Can you describe a time you met a tight deadline in your role?
  • Here are three mortgage underwriter interview questions with sample answers for reference:

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