Remote Mortgage Underwriter
About The Position
TEKsystems is currently searching for career-driven candidates interested in a Mortgage Underwriter opportunity with a Fortune 100 Financial Institution! The basic purpose of this role is to evaluate and underwrite all mortgage loan types according to specific state and federal requirements to limit the risk exposure to the company's mortgage portfolio. The underwriter will analyze required loan documentation and information presented in the mortgage loan request, to condition and make appropriate loan decisions based on the acceptability of the credit risk using established guidelines, secondary market investors, and applicable state and government regulations.
Requirements
- MINIMUM OF 1-2 years of recent MORTGAGE Underwriting experience is REQUIRED
- Proficient in Microsoft Office and data entry skills
- Strong written and verbal communication skills
- Must have high speed cable or fiber optic internet
- Comfortable with a lifetime Federal Background Check
- Comfortable with a Soft Credit Check and Collections Check
Nice To Haves
- SAR experience is strongly preferred
- Associates or Bachelors degree strongly preferred
Responsibilities
- Analyze mortgage loan information on loan documents such as income, assets, and credit criteria to confirm loan eligibility based on company's guidelines as well as adherence to investor requirement with or without independent scoring systems Moderate analysis.
- Analyze exceptions and rejections; recommend alternative mortgage products to could bring the loan withing guidelines Moderate analysis.
- Analyze self-employed borrower income documentation Moderate analysis
- Approve mortgage loans and authorize loan disbursements based on complete analysis of submitted documentation and applicable rules and regulations Moderate analysis.
- Determine the acceptability and marketability of the real estate property to ensure there is sufficient collateral to secure the loan
- Prepare and present counter-offers on marginal loans; prepare adverse action (loan disapproval) notifications, with awareness of the compliance provisions of the regulatory agencies
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)
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
