Credit Underwriter

TEKsystems•Madison Heights, MI

4d•$66,560 - $83,200•Remote

About The Position

The Credit Underwriter is responsible for issuing credit decisions based on the documented borrower profile, adhering to program and client guidelines. This role requires achieving minimum daily production goals, clearing conditions, and maintaining department audit standards.

Requirements

Ability to work in a fast-paced, metrics-driven environment.
Strong analytical and problem-solving skills.
Ability to prioritize multiple objectives to meet client deadlines and department goals.
Excellent verbal and written communication skills.
Proficiency in Microsoft Office Suite, including Word, Excel, and PowerPoint.
Strong underwriting knowledge of Prime or standard Full Documentation.
In-depth knowledge of HVCC guidelines and federal, state, and local compliance regulations.
Experience with Fannie/Freddie guidelines, back-end quality control, and fraud audit.
Use of Desktop Underwriter (DU), Loan Prospector (LP), and other loan operations systems.
Associate degree or equivalent industry experience required.
3+ years of relevant industry experience.
3+ years of securitization experience.
3+ years of recent frontline underwriting experience.

Nice To Haves

Experience with Conventional, FHA, VA, and Non-Qualified Mortgage products

Responsibilities

Underwrite residential mortgage loans following Conventional guidelines.
Input and analyze data using Loan Prospector, Desktop Underwriter, Assetwise, and other AUS engines.
Identify and assess overall risk and potential fraud exposure.
Meet daily production goals and quality targets, clearing conditions within department audit standards.
Review credit reports to determine credit patterns, current liabilities, outstanding judgments, and collections.
Review residential mortgage appraisal forms and calculate Loan to Value ratios.
Analyze income from various sources including salaried, commissioned, self-employed, investments, and fixed income.
Analyze asset statements for all types of asset accounts.
Work overtime and weekends if needed.
Perform other related duties as assigned.

Benefits

Medical Plans - 2 different plans offered
Goodpath - available at no cost if enrolled in a Covius medical health plan. Virtual care for pain, stress, sleep, etc.
Health Savings Account - tax free savings account. Eligible if enrolled in a medical health plan
Dental - 2 different plans offered
Vision - one plan offered
Life and Disability - company paid employee basic life and AD&D insurance. Can purchase supplemental life and/or AD&D coverage
Supplemental Insurance - can purchase accident, hospital indemnity, and/or critical illness supplement insurance
Medicare - free online resources for anyone who is Medicare-eligible
Employee Assistance Program - 24/7 access to life assistance resources at no cost
401 (K) Retirement Savings - up to 3% company match, fully vested in company contributions after 1 year