Mortgage Underwriter - Winchester, VA

TEKsystems•Martinsburg, WV

1d•$19 - $36•Hybrid

About The Position

TEKsystems is currently searching for career-driven candidates interested in a Mortgage Underwriter opportunity with a Fortune 100 Financial Institution in the Winchester, VA area! Job Details: Schedule: Monday- Friday, 8am-4:30pm Work Environment: Hybrid: Commuting on-site 2 days a week (Must live within 60 miles of Winchester, VA) Basic Purpose: To evaluate and underwrite all mortgage loan types according to specific state and federal requirements to limit the risk exposure to company's mortgage portfolio. To 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. Works on assignments requiring judgment in resolving issues or making recommendations. Identifies key issues and patterns. Takes a broad perspective to solve problems. Works under minimal supervision. If interested, please apply with updated resume and complete the application questions. Completing questions and answering them honestly allows our recruiting team to move quickly and better partner you in opportunities that align with your goals, skills, and interests As of January 1st 2024, Aston Carter has integrated with TEKsystems About TEKsystems: We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company. About TEKsystems and TEKsystems Global Services We’re a leading provider of business and technology services. We accelerate business transformation for our customers. Our expertise in strategy, design, execution and operations unlocks business value through a range of solutions. We’re a team of 80,000 strong, working with over 6,000 customers, including 80% of the Fortune 500 across North America, Europe and Asia, who partner with us for our scale, full-stack capabilities and speed. We’re strategic thinkers, hands-on collaborators, helping customers capitalize on change and master the momentum of technology. We’re building tomorrow by delivering business outcomes and making positive impacts in our global communities. TEKsystems and TEKsystems Global Services are Allegis Group companies. Learn more at TEKsystems.com.

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
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
Review/understand effects of contracts related to real estate, such as age restrictions, HOAs, etc.
Work closely and collaboratively with loan originator and processor to ensure all appropriate data and required documentation is obtained
Participate in mentoring sessions for Mortgage Processors, Mortgage Closers and Mortgage Loan Officers.
Maintain current knowledge of all mortgage products and any changes to guidelines, investor, or government agencies that impact the processing mortgage loan products
Collaborate with training team to maintain the on-line manual to ensure all guidelines are conveyed accurately and consistently Assist in leading
Perform secondary review of loans that are suspended and/or declined Advanced analysis
Perform other duties as assigned