Mortgage Underwriter

TEKsystems • Pensacola, FL

3d • $19 - $36 • Hybrid

About The Position

Evaluate and underwrite all mortgage loan types according to specific state and federal requirements to limit risk exposure.

Requirements

• Strong mortgage and appraisal knowledge.
• Experience in managing a pipeline.
• Understanding of equity and debt-to-income ratios.
• Ability to communicate effectively with various stakeholders.
• Proficiency in evaluating property contracts and conditions.

Nice To Haves

• Familiarity with International Building Code and local building and zoning regulations.
• Experience in using online real estate databases and tax records.

Responsibilities

• Manage a pipeline of appraisals, keeping track of pending due dates, and ensuring member service expectations are met.
• Communicate changes, revisions, or corrections to production staff, appraisers, and appraisal vendors after initial delivery.
• Respond to inquiries from production staff and other business units about appraisals in review and advanced underwriting issues.
• Review and make decisions on appraisal reports, including adding conditions, issuing counter offers, and denials.
• Consider effects of property-related contracts such as age restrictions, HOAs, and private water/septic/roads.
• Conduct thorough examinations of appraisal reports to ensure deficiencies, repairs, or special requirements are noted.
• Determine the acceptability and marketability of properties to ensure sufficient collateral for securing loans.
• Utilize information from various resources to ensure an exceptional member experience without compromising risk.
• Make decisions on investment risk acceptability using established guidelines and recommend denial or exception for properties that do not meet them.
• Communicate professionally and proactively with appraisers, vendors, and business partners.
• Provide timely, accurate, and clear information based on research or existing knowledge.

Benefits

• Medical, dental & vision
• Critical Illness, Accident, and Hospital
• 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
• Life Insurance (Voluntary Life & AD&D for the employee and dependents)
• Short and long-term disability
• Health Spending Account (HSA)
• Transportation benefits
• Employee Assistance Program
• Time Off/Leave (PTO, Vacation or Sick Leave)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees