Job Description
Mortgage Underwriter OpportunityTEKsystems is currently searching for career-driven candidates interested in a Mortgage Underwriter opportunity with a Fortune 100 Financial Institution!Job Details:Schedule:Monday- Friday, 8am-4:30pm (EST)Work Environment:Fully RemoteTargeted Start Date:May 26thQualifications and Requirements:Minimum of 1-2 years of recent MORTGAGE Underwriting experience is requiredSAR experience is strongly preferredAssociates or Bachelors degree strongly preferredProficient in Microsoft Office and data entry skillsStrong written and verbal communication skillsComfortable with a lifetime Federal Background CheckComfortable with a Soft Credit Check and Collections CheckBasic 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 within guidelines Moderate analysis.Analyze self-employed borrower income documentation Moderate analysisApprove 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 loanPrepare and present counter-offers on marginal loans; prepare adverse action (loan disapproval) notifications, with awareness of the compliance provisions of the regulatory agenciesReview/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 obtainedParticipate 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 productsCollaborate with training team to maintain the on-line manual to ensure all guidelines are conveyed accurately and consistently Assist in leadingPerform secondary review of loans that are suspended and/or declined Advanced analysisPerform other duties as assignedIf 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 interestsThis is a Contract to Hire position based out of Minneapolis, MN.The pay range for this position is $22.02 - $39.93/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 & visionCritical Illness, Accident, and Hospital401(k) Retirement Plan Pre-tax and Roth post-tax contributions availableLife Insurance (Voluntary Life & AD&D for the employee and dependents)Short and long-term disabilityHealth Spending Account (HSA)Transportation benefitsEmployee Assistance ProgramTime Off/Leave (PTO, Vacation or Sick Leave)This is a hybrid position in Minneapolis, MN.This position is anticipated to close on May 5, 2026.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 cha