Mortgage Equity Underwriter

TEKsystems
$28.00 - $30.00 / hr
life insurance, sick time, 401(k), retirement plan
United States, Virginia, Winchester
Nov 22, 2024
Location: Winchester, VA (Hybrid Remote - 2 days onsite required/3 days remote) CANDIDATES MUST LIVE WITHIN COMMUTABLE DISTANCE OF WINCHESTER, VA Position Title: Commercial Underwriter Experience Required: Minimum of 3 years in Commercial Underwriting Start Date: Potentially 12/1/2024 or 1/6/2025 Training Period: 8 weeks of new hire training Proposed Wage: $28/hour Location: Winchester, VA (Hybrid Remote - 2 days onsite required/3 days remote) Shift Schedule: 8am-430pm (In their respective time zone) Training: Typically 8am-430pm CST Time Off Policy - NO TIME OFF IN THE FIRST 6 MONTHS! Job Description: * Extensive Mortgage Underwriting or Loan Processing experience. Analyze loans to make a valid recommendation. * True underwriting experience, calculating income and/or VA SAR ability. * Ability to do a manual underwrite * The system pulls red flags to deny loans; ex. Credit, income liabilities etc. they get about 300-400 per day. This team would manage that specific case load, identify which ones have the potential to clear and pass it along to a higher-level UW. * 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 Additional Skills & Qualifications: * Must have at least 3 years of Mortgage Underwriting or Processing experience * 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 Top Skills Details: Conventional, FHA, VA, desktop underwriter/processing experience (certifications are preferred, not required) * * Work environment: * Hybrid Remote Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following: * 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) #priorityeast 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. The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.