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Mortgage Underwriter

Description

Overview of Responsibilities: Efficiently underwrites mortgage loan applications according to service level expectations in order to deliver the desired member experience. Evaluates loans in order to provide members with options that will help them achieve their home ownership objectives while mitigating risk. Addresses application shortcomings, documentation needs, down payment requirements, and resolves problems.

Essential Duties and Responsibilities:
 Analyzes applicants' financial status, credit, and property evaluations to make sound, consistent, and logical decisions on requested loans within established time frames.
 Applies consistent decisions across all products and without bias or discrimination. Makes decisions consistent with federal and state regulations, investor policies and procedures in collaboration with other members of the underwriting team.
 Sufficiently documents files/systems so members and team members fully understand the reasons for an approval, denial, or counter offer.
 Professionally presents counter offers by explaining options and alternatives.
 Analyzes loan documentation, personal and business financial statements, and any other financial information needed to support loan decisions.
 Researches and explains loan calculations within all systems, and assists others as a subject matter expert on mortgage products and maintains general knowledge of all loan products.
 Applies in-depth knowledge of custom and credit scoring models and knows when to override the models.
 Maintains an awareness of current market forces and conditions that affect loan underwriting, such as real estate secondary markets, local and national economy, competitor rates and products, membership product/service wants and needs, and local and regional housing market trends.
 Responds to individual and investor audits by explaining prior actions and decisions.
 Supports the leadership team by providing meaningful data analysis as requested.
 Identifies and suggests process or efficiency improvements related to area of responsibility.
 Maintains confidentiality and security of applicant information and data at all times.




About Aerotek:

We know that a company's success starts with its employees. We also know that an individual's success starts with the right career opportunity. As a Best of Staffing® Client and Talent leader, Aerotek's people-focused approach yields competitive advantage for our clients and rewarding careers for our contract employees. Since 1983, Aerotek has grown to become a leader in recruiting and staffing services. With more than 250 non-franchised offices, Aerotek's 8,000 internal employees serve more than 300,000 contract employees and 18,000 clients every year. Aerotek is an Allegis Group company, the global leader in talent solutions. Learn more at Aerotek.com.



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.

If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please call 888-237-6835 or email accommodation@aerotek .com for other accommodation options. However, if you have questions about this position, please contact the Recruiter located at the bottom of the job posting. The Recruiter is the sole point of contact for questions about this position.

Requirements

 

Job Snapshot

Location US-MI-Troy
Employment Type Full-Time
Pay Type Hour
Pay Rate $30.00 - $35.00 /Hour
Store Type Finance
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Company Overview

Aerotek

We know that a company’s success starts with its employees. We also know that an individual’s success starts with the right career opportunity. As a Best of Staffing® Client and Talent leader, Aerotek’s people-focused approach yields competitive advantage for our clients and rewarding careers for our contract employees. Since 1983, Aerotek has become a leader in recruiting and staffing services by building quality relationships that allow us to place quality people in quality jobs. With more than 230 non-franchised offices, Aerotek’s 6,000 internal employees serve more than 300,000 contract employees and 17,000 clients every year. To learn more, visit Aerotek.com. Learn More

Contact Information

US-MI-Troy
Nicholas Stepp
8102373605
Snapshot
Aerotek
Company:
US-MI-Troy
Location:
Full-Time
Employment Type:
Hour
Pay Type:
$30.00 - $35.00 /Hour
Pay Rate:
Finance
Store Type:

Description

Overview of Responsibilities: Efficiently underwrites mortgage loan applications according to service level expectations in order to deliver the desired member experience. Evaluates loans in order to provide members with options that will help them achieve their home ownership objectives while mitigating risk. Addresses application shortcomings, documentation needs, down payment requirements, and resolves problems.

Essential Duties and Responsibilities:
 Analyzes applicants' financial status, credit, and property evaluations to make sound, consistent, and logical decisions on requested loans within established time frames.
 Applies consistent decisions across all products and without bias or discrimination. Makes decisions consistent with federal and state regulations, investor policies and procedures in collaboration with other members of the underwriting team.
 Sufficiently documents files/systems so members and team members fully understand the reasons for an approval, denial, or counter offer.
 Professionally presents counter offers by explaining options and alternatives.
 Analyzes loan documentation, personal and business financial statements, and any other financial information needed to support loan decisions.
 Researches and explains loan calculations within all systems, and assists others as a subject matter expert on mortgage products and maintains general knowledge of all loan products.
 Applies in-depth knowledge of custom and credit scoring models and knows when to override the models.
 Maintains an awareness of current market forces and conditions that affect loan underwriting, such as real estate secondary markets, local and national economy, competitor rates and products, membership product/service wants and needs, and local and regional housing market trends.
 Responds to individual and investor audits by explaining prior actions and decisions.
 Supports the leadership team by providing meaningful data analysis as requested.
 Identifies and suggests process or efficiency improvements related to area of responsibility.
 Maintains confidentiality and security of applicant information and data at all times.




About Aerotek:

We know that a company's success starts with its employees. We also know that an individual's success starts with the right career opportunity. As a Best of Staffing® Client and Talent leader, Aerotek's people-focused approach yields competitive advantage for our clients and rewarding careers for our contract employees. Since 1983, Aerotek has grown to become a leader in recruiting and staffing services. With more than 250 non-franchised offices, Aerotek's 8,000 internal employees serve more than 300,000 contract employees and 18,000 clients every year. Aerotek is an Allegis Group company, the global leader in talent solutions. Learn more at Aerotek.com.



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.

If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please call 888-237-6835 or email accommodation@aerotek .com for other accommodation options. However, if you have questions about this position, please contact the Recruiter located at the bottom of the job posting. The Recruiter is the sole point of contact for questions about this position.

Requirements

 
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