Job Description
Job Description
Position Overview:
The Underwriter’s primary responsibilities include reviewing mortgage files submitted to Underwriting. This position requires calculating income, analyzing debt and assets, as well as completing an in-depth review of the completed appraisal and title. Additional responsibilities include entering data into the client’s loan operating system, utilizing an automated underwriting system to determine approval and clearing conditions for Final Approval. Candidates must possess a strong sense of urgency with an ability to work in a team environment, maintaining excellent organizational, communication, and PC skills.
Essential Job Functions:
· Underwrite loans in accordance with guidelines; utilizing AUS or manual underwrites
· Utilize client’s loan operating system
· Evaluate and ensure overall loan documents are accurate, complete, and compliant
· Ability to identify and/or clear red flag or alerts
· Issue loan decision and condition file accordingly
· Review and approve conditions for compliance and completion of loan file
· Ability to interpret and apply client overlays and investor guideline requirements
· Resolve pre and post-closing issues as they relate to underwriting
· Assist Processors/Loan Officers in understanding underwriting decisions and conditions
Requirements:
· Minimum 3+ years current conventional mortgage loan underwriting experience
o Strong knowledge of income calculations, tax returns, reading credit reports, identifying red flags
o Basic knowledge of appraisal and ineligible properties
· Thorough working knowledge of GSE underwriting guidelines, manual and automated underwriting engines (DU/LP)
· Strong analytic, interpersonal, and verbal and written communication skills
· Detail-oriented with strong ability to time manage
· Ability to work in a flexible and production-oriented environment
· Must be willing and able to work as part of a team
· Strong capability to work in multiple systems - paperless environment
· NMLS-MLO Licensure preferred but not required
Company DescriptionK-Tek Resourcing is a consulting organization with offices in Houston TX and St. Paul, MN. It is supported by 2 global delivery centers, located in India. With its global employee strength of over 250, K-Tek has been supporting its clients for over 9 years.
Why K-Tek
K-Tek has a tenet of excelling at delivering resources and solutions based on its experience, integrity, distinction in delivery, reduced turn-around time and the consistency at being the "First Time Right".
Vision / Mission
At K-Tek we believe in understanding the specific needs of the customer and tailor-creating innovative solutions to meet these needs. We invest in our employees and customers. We build a relation of trust with our customers through empathy, solutions and being the first time right.
K-Tek Resourcing LLC is one of the leaders in Resourcing industry with a portfolio of over 300+ consultants working at different client’s sites. Our commitment to compliance, excellent client servicing and superior quality has positioned us for sustained success.
Company Description
K-Tek Resourcing is a consulting organization with offices in Houston TX and St. Paul, MN. It is supported by 2 global delivery centers, located in India. With its global employee strength of over 250, K-Tek has been supporting its clients for over 9 years.\r\n\r\nWhy K-Tek\r\nK-Tek has a tenet of excelling at delivering resources and solutions based on its experience, integrity, distinction in delivery, reduced turn-around time and the consistency at being the "First Time Right".\r\n\r\nVision / Mission\r\nAt K-Tek we believe in understanding the specific needs of the customer and tailor-creating innovative solutions to meet these needs. We invest in our employees and customers. We build a relation of trust with our customers through empathy, solutions and being the first time right.\r\n\r\n K-Tek Resourcing LLC is one of the leaders in Resourcing industry with a portfolio of over 300+ consultants working at different client’s sites. Our commitment to compliance, excellent client servicing and superior quality has positioned us for sustained success.