Remote Mortgage Underwriter

TEKsystems•Tampa, FL

3d•$22 - $40•Hybrid

About The Position

To evaluate and underwrite all mortgage loan types offered by the client according to specific state and federal requirements to limit the risk exposure to the client's mortgage portfolio. This role involves analyzing loans to make valid recommendations, calculating income, and performing manual underwrites. The underwriter will review collected documentation against company, NCUA, USPAP, and other relevant industry loan acceptance guidelines, as well as contracts related to real estate. Collaboration with loan originators, processors, and mortgage leadership is expected, including participating in mentoring sessions. Maintaining current knowledge of all company mortgage products and guideline changes is crucial.

Requirements

At least 1 year of Mortgage Underwriting experience.
Extensive Mortgage Underwriting or Loan Processing experience.
True underwriting experience, calculating income and/or VA SAR ability.
Ability to do a manual underwrite.
Knowledgeable of the Mortgage Industry.
Familiar with agency guidelines i.e. Fannie, Freddie, VA.
Ability to quickly adjust.
Quick decision making.
Comfortable with conditions, especially DU conditions.
Familiar with/ability to calculate income.
Experience reviewing CBR's.
Experience in a production-based environment.
Underwriting, mortgage, loans, appraisal, equity, debt to income rations.

Nice To Haves

Experience in Equity Underwriting would be beneficial.
Conventional, FHA, VA, desktop underwriter/processing experience (certifications are preferred, not required).

Responsibilities

Evaluate and underwrite all mortgage loan types according to specific state and federal requirements.
Analyze loans to make a valid recommendation.
Perform manual underwrites and calculate income.
Review collected documentation against company, NCUA, USPAP, and all other relevant industry loan acceptance guidelines.
Review contracts related to real estate, such as age restrictions, HOAs, etc.
Work closely and collaborate with loan originator and processor to ensure all appropriate data is obtained.
Collaborate with Mortgage leadership and participate in mentoring sessions for Mortgage Processors, Mortgage Closers, and Mortgage Loan Officers.
Maintain current knowledge of all company mortgage products and any changes to guidelines by company, investor, or government agencies that impact the processing of mortgage loan products.
Identify loans with potential to clear and pass them along to a higher-level UW.
Manage a caseload of red flags identified by the system (e.g., Credit, income liabilities).