Mortgage Underwriter

TEKsystems is currently searching for career-driven candidates interested in a Mortgage Underwriter opportunity with a Fortune 100 Financial Institution in the Pensacola area!

Job Details:

• Schedule: Monday- Friday, 8am-4:30pm
• Work Environment: Hybrid: Commuting on-site 2 days a week
• Start Date: 7/22
• Pay ranges from $19.29/hour to $30/hour based on years of Underwriting experience

Qualifications and Requirements:

• MINIMUM OF 3+ years of recent MORTGAGE Processing experience is REQUIRED
• SAR experience is strongly preferred
• Associates or Bachelors degree strongly preferred
• Proficient in Microsoft Office and data entry skills
• Strong written and verbal communication skills

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.

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.

If interested, please apply with updated resume and complete the application questions.

*As of January 1st 2024, Aston Carter has integrated with TEKsystems*