Homeownership Underwriter
Date Posted: Sep 9, 2026
Requisition ID: 483227
Location:
Indianapolis, IN, US, 46204
Work for Indiana
Begin a fulfilling career with the State of Indiana by joining one of the largest employers in the state, offering a range of opportunities across 60+ agencies. At the state, you'll find competitive compensation, a robust benefits package and a commitment to work-life balance. Most importantly, you'll have the chance to make a real and measurable impact on the lives of Hoosiers across Indiana.
About the Indiana Housing and Community Development Authority (IHCDA):
The Indiana Housing and Community Development Authority (IHCDA) is a quasi-agency of the State of Indiana and is committed to serving the entire spectrum of housing, from homelessness to homeownership. Our charge is to provide housing opportunities, promote self-sufficiency, and strengthen communities, in order to build an Indiana with a sustainable quality of life for all Hoosiers in the community of their choice. To learn more about IHCDA visit us at:www.in.gov/ihcda.
Role Overview:
The IHCDA Homeownership Department (HOD) seeks an individual who is willing to work on a tenured team of individuals who excel in creating homeownership opportunities in the State of Indiana. HOD creates and administers a variety of homeownership programs designed to assist potential homebuyers achieve homeownership in the State of Indiana, while focusing on IHCDA's Mission and Vision.
The Underwriter (UW) position is the core of HOD and works under the direct supervision of the Operations Manager. The UW is responsible for ensuring the accuracy of mortgage loan files submitted daily by Participating Lenders (PL's). The PL's rely on prompt and professional responses in order to determine the correct course of action to ensure their clients can close on their new home as quick as possible. The UW assists in providing any support and training required by the PL's in understanding and utilizing the HOD programs.
Some of the responsibility include:
Promote and expand the knowledge of the HOD programs.
Process opinions for lenders on problematic situations.
Process incoming correspondence from lenders pertaining to deficiencies related to submissions.
Underwrite submissions for homeownership.
Salary:
The salary for this position traditionally starts at $53,222.00 but may be commensurate with education and work experience. Use our Compensation Calculator (https://in.accessgov.com/spd/Forms/Page/spd/compensation-calculator/0) to view the total compensation package.
A Day in the Life:
The essential functions of this role are as follows:
Answer question relating to all aspects of the HOD with anyone. (potential homebuyers, PL's, real estate agents, co-departments, etc)
Assist in developing metrics to forecast, analyze and track participation in HOD programs and the Indiana Housing Market.
Assist in answering PL's and potential homeowner's questions by email and incoming phone calls.
Assist in ancillary duties of HOD, including, DPA wires, posting of fees, data transmissions, pooling of loans, issuing directive letters, and anything else required in the daily operations of HOD.
Collaborate on data collected to help develop or update homeownership programs.
Collaborate on developing marketing strategies to reach more potential Hoosier homeowners.
Ensure PL's receive any requested program training and information in a timely manner.
Ensure pipeline of loan applications is up to date by communicating regularly with the PL's.
Help identify opportunities to create efficiencies in the HOD's processes and procedures.
Help identify opportunities which reduce barriers to low-income individuals participating in HOD homeownership programs.
Assist in basic programming of the department's software system.
This position is exempt from overtime compensation for additional work hours which may be required to complete essential functions or other assigned work. Exempt employees may work more than 75 hours in a pay period without additional compensation and must report a minimum of 75 hours per pay period of work hours and/or paid leave taken to receive their base biweekly salary.
What You'll Need for Success:
Individuals in this role should minimally be able to articulate or demonstrate the following:
Able to think logically and analytically.
Able to be proactive in anticipating and alerting others to problems with system enhancements or new Homeownership Programs.
Able to prioritize, organize tasks and time, and follow up on assignments.
Able to work well in a team environment and as part of a team.
Able to effectively communicate with a variety of individuals with diverse backgrounds, education, and economic levels.
Able to analyze data and determine if a potential homebuyer qualifies for a HOD program.
Demonstrates proficiency in public speaking
Demonstrates strong presentation skills. Can facilitate both large and small group presentations. Comfortable with presenting and teaching information on the various Homeownership Programs.
Demonstrates a strong sense of customer service and commitment.
Demonstrates effective verbal and written communication skills.
Takes initiative and needs little supervision.
Able to perform essential functions with or without reasonable accommodation .
Supervisory Responsibilities/Direct Reports:
This role may be utilized in a supervisory capacity based on agency needs.
Benefits of Employment with the State of Indiana:
The State of Indiana offers a comprehensive benefit package for full-time employees which includes:
Three (3) medical plan options (including RX coverage) as well as vision and dental plans
Wellness Rewards Program: Complete wellness activities to earn gift card rewards
Health savings account, which includes bi-weekly state contribution
Deferred compensation 457(b) account (similar to 401(k) plan) with employer match
Two (2) fully-funded pension plan options
A robust, comprehensive program of leave policies covering a variety of employee needs, including but not limited to:
150 hours of paid New Parent Leave and up to eight weeks of paid Childbirth Recovery Leave for eligible mothers
Up to 15 hours of paid community service leave
Combined 180 hours of paid vacation, personal, and sick leave time off
12 paid holidays, 14 on election years
Education Reimbursement Program
Group life insurance
Referral Bonus program
Employee assistance program that allows for covered behavioral health visits
Qualified employer for the Public Service Loan Forgiveness Program
Free Parking for most positions
Free LinkedIn Learning access
Equal Employment Opportunity:
The State of Indiana is an Equal Opportunity Employer and is committed to recruiting, selecting, developing, and promoting employees based on individual ability and job performance. Reasonable accommodations may be available to enable individuals with disabilities to complete the application and interview process as well as perform the essential functions of a role. If you require reasonable accommodations to complete this application, you can request assistance by contacting the Indiana State Personnel Department at jobs@spd.IN.gov.
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