Mortgage Underwriter

HCL Technologies Limited; Highlands Ranch (CO); Hybrid; USD 75,000 - 80,000; Full time

Benefits offered by this job

401(k)

401(k) 4% Match

Flexible spending account

Health insurance

Health savings account

Life insurance

Paid time off

Vision insurance

Job summary

HCLTech in Highlands Ranch, CO is seeking a Mortgage Loan Underwriter with 5+ years of underwriting experience to evaluate residential mortgage files against GSE and investor guidelines.

The role offers hybrid work with a $75–$80k salary, comprehensive benefits, and opportunities to contribute to underwriting standards while ensuring compliance. Strong knowledge of Fannie Mae/Freddie Mac guidelines and proficiency with Encompass 360 and MS Office are preferred.

Qualifications

• 5+ years of underwriting experience required.
• Strong analytical and organizational skills.
• Excellent written and verbal communication.

Responsibilities

• Analyze loan files to ensure compliance with investor guidelines.
• Evaluate credit packages and collateral for residential mortgages.
• Verify calculations for accuracy.
• Maintain knowledge of secondary market guidelines and private mortgage insurance.
• Assist in maintaining compliance with laws and policies.
• Assist in developing underwriting standards.
• Support loan processors with interpretations on files.
• Respond to post-closing reviews and QC audits.
• Multi-task in high-volume environment, including weekends.

Skills

5+ years underwriting experience

Excellent organization and analytical

Excellent written and communication

Ability to multi-task

Adaptability

Education

High school diploma or GED equivalent (Required)

Tools

Encompass 360

MS Office

Mortgage loan applications/Software

Job description

As a Mortgage Loan Underwriter, for one of our client projects, you will bring your practical experience underwriting residential mortgage loans in accordance with GSE and internal guidelines ensuring compliance with company and investor standards. You have current, in-depth knowledge of Fannie Mae and Freddie Mac lending guidelines and understand how those relate to internal and investor guidelines. You have a thorough knowledge of complex personal and business financial analysis and expertise in tax return and balance sheet analysis. You can make timely, accurate decisions on all loan transactions.

Essential Functions/Duties:

• Completes a thorough analysis of loan files to determine compliance with investor
• Evaluates the entire credit package and collateral for residential mortgage loans and ultimately ensures an investment quality loan product and creditworthiness of the borrowers and acceptability of the collateral. Identifies potential quality loans to be held in portfolio if secondary market guidelines cannot be met.
• Verifies the accuracy of all calculations.
• Maintains a working knowledge of secondary market underwriting guidelines, private investor and private mortgage insurance guidelines.
• Assists with maintaining compliance with all applicable federal, state and local laws, regulations and ordinances by abiding by compliance program and all policies, procedures, rules and regulations.
• Assists in the development of underwriting standards.
• Helps loan processors, giving general guideline interpretations and answering questions on specific loan files.
• Responds to post closing review and quality control audits in a timely fashion.
• Multi-tasking, high volume, available to be flexible and work weekends as needed.

Preferred Education & Experience:

• 5+ years of Underwriting experience REQUIRED
• Excellent organization and analytical skills required.
• Excellent written and communication skills required.
• High School Diploma or GED equivalent required, some college preferred, College degree desired.
• Intermediate to computer proficiency skills with MS Office, Excel and Mortgage Loan Applications/Software) Encompass 360 desired.
• Ability to multi-task, prioritize and function in a high-volume, fast-paced environment.
• Adaptability and acceptance to change.

Experience:

5+ years of Underwriting experience REQUIRED

Education:

• High school or equivalent (Required)

HCLTech is an equal opportunity employer, committed to providing equal employment opportunities to all applicants and employees regardless of race, religion, sex, color, age, national origin, pregnancy, sexual orientation, physical disability or genetic information, military or veteran status, or any other protected classification, in accordance with federal, state, and/or local law. Should any applicant have concerns about discrimination in the hiring process, they should provide a detailed report of those concerns to [e-mail] for investigation.

A candidate’s pay within the range will depend on their work location, skills, experience, education, and other factors permitted by law. This role may also be eligible for performance-based bonuses subject to company policies. In addition, this role is eligible for the following benefits subject to company policies: medical, dental, vision, pharmacy, life, accidental death & dismemberment, and disability insurance; employee assistance program; 401(k) retirement plan; 10 days of paid time off per year (some positions are eligible for need-based leave with no designated number of leave days per year); and 10 paid holidays per year.

Pay and Benefits Pay Range Minimum: $75,000 annually

Pay Range Maximum: $80,000 annually

Job Type: Full-time

• 401(k)
• 401(k) 4% Match
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Vision insurance

Application Question(s):

• Do you have 5+ years of experience in Mortgage Underwriting?

Experience:

• Underwriting: 5 years (Required)
• Mortgage servicing: 5 years (Required)

Ability to Commute:

• Highlands Ranch, CO 80129 (Required)

Job description:

Pay: $75,000.00 - $80,000.00 per year

Role- Underwriter 1

Hybrid Highlands Ranch, CO

As a Mortgage Loan Underwriter, for one of our client projects, you will bring your practical experience underwriting residential mortgage loans in accordance with GSE and internal guidelines ensuring compliance with company and investor standards. You have current, in-depth knowledge of Fannie Mae and Freddie Mac lending guidelines and understand how those relate to internal and investor guidelines. You have a thorough knowledge of complex personal and business financial analysis and expertise in tax return and balance sheet analysis. You can make timely, accurate decisions on all loan transactions.

Essential Functions/Duties:

• Completes a thorough analysis of loan files to determine compliance with investor
• Evaluates the entire credit package and collateral for residential mortgage loans and ultimately ensures an investment quality loan product and creditworthiness of the borrowers and acceptability of the collateral. Identifies potential quality loans to be held in portfolio if secondary market guidelines cannot be met.
• Verifies the accuracy of all calculations.
• Maintains a working knowledge of secondary market underwriting guidelines, private investor and private mortgage insurance guidelines.
• Assists with maintaining compliance with all applicable federal, state and local laws, regulations and ordinances by abiding by compliance program and all policies, procedures, rules and regulations.
• Assists in the development of underwriting standards.
• Helps loan processors, giving general guideline interpretations and answering questions on specific loan files.
• Responds to post closing review and quality control audits in a timely fashion.
• Multi-tasking, high volume, available to be flexible and work weekends as needed.

Preferred Education & Experience:

• 5+ years of Underwriting experience REQUIRED
• Excellent organization and analytical skills required.
• Excellent written and communication skills required.
• High School Diploma or GED equivalent required, some college preferred, College degree desired.
• Intermediate to computer proficiency skills with MS Office, Excel and Mortgage Loan Applications/Software) Encompass 360 desired.
• Ability to multi-task, prioritize and function in a high-volume, fast-paced environment.
• Adaptability and acceptance to change.

Experience:

5+ years of Underwriting experience REQUIRED

Education:

• High school or equivalent (Required)

HCLTech is an equal opportunity employer, committed to providing equal employment opportunities to all applicants and employees regardless of race, religion, sex, color, age, national origin, pregnancy, sexual orientation, physical disability or genetic information, military or veteran status, or any other protected classification, in accordance with federal, state, and/or local law. Should any applicant have concerns about discrimination in the hiring process, they should provide a detailed report of those concerns to [e-mail] for investigation.

A candidate’s pay within the range will depend on their work location, skills, experience, education, and other factors permitted by law. This role may also be eligible for performance-based bonuses subject to company policies. In addition, this role is eligible for the following benefits subject to company policies: medical, dental, vision, pharmacy, life, accidental death & dismemberment, and disability insurance; employee assistance program; 401(k) retirement plan; 10 days of paid time off per year (some positions are eligible for need-based leave with no designated number of leave days per year); and 10 paid holidays per year.

Pay and Benefits Pay Range Minimum: $75,000 annually

Pay Range Maximum: $80,000 annually

Job Type: Full-time

• 401(k)
• 401(k) 4% Match
• Dental insurance
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Vision insurance

We offer:

HCLTech is an equal opportunity employer, committed to providing equal employment opportunities to all applicants and employees regardless of race, religion, sex, color, age, national origin, pregnancy, sexual orientation, physical disability or genetic information, military or veteran status, or any other protected classification, in accordance with federal, state, and/or local law. Should any applicant have concerns about discrimination in the hiring process, they should provide a detailed report of those concerns to our company website for investigation.

A candidate’s pay within the range will depend on their work location, skills, experience, education, and other factors permitted by law. This role may also be eligible for performance-based bonuses subject to company policies. In addition, this role is eligible for the following benefits subject to company policies: medical, dental, vision, pharmacy, life, accidental death & dismemberment, and disability insurance; employee assistance program; 401(k) retirement plan; 10 days of paid time off per year (some positions are eligible for need-based leave with no designated number of leave days per year); and 10 paid holidays per year.

Pay and Benefits Pay Range Minimum: $75,000 annually

Pay Range Maximum: $80,000 annually

Beverly Bishop

HCLTech

Human Resource Manager

Email: [e-mail] https://www.hcltech.com/

https://www.linkedin.com/company/hcltech/