Mortgage Underwriter - Winchester, VA

* 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)

* Qualifications and Requirements:
*
* * MINIMUM* OF 1-2 years of recent
* MORTGAGE* Underwriting 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

* * Comfortable with a lifetime Federal
** Background
* * Check
*
* * Comfortable with a Soft Credit Check and Collections Check
* * 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.

* 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

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
* * Job Type & Location
* This is a Contract to Hire position based out of Martinsburg, WV.

* Pay and Benefits
* The pay range for this position is $19.29 - $36.29/hr.
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…