Mortgage Underwriter

TEKsystems; Winchester (VA); Hybrid; USD 80,000 - 100,000; Full time

Job summary

TEKsystems seeks a Mortgage Underwriter to join their team in Winchester, VA. In this hybrid role, you will evaluate mortgage loan applications, ensuring compliance with company standards and applicable regulations. This entry-level position requires strong analytical skills and attention to detail, offering a competitive hourly wage and benefits.

Benefits

Medical, dental & vision

401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available

Short and long-term disability

Employee Assistance Program

Time Off/Leave (PTO, Vacation or Sick Leave)

Qualifications

• Solid understanding of mortgage loan documentation and underwriting processes.
• Ability to analyze financial information and assess credit risk.
• Familiarity with relevant state and federal regulations.

Responsibilities

• Evaluate and underwrite mortgage loans based on underwriting guidelines.
• Make recommendations for loans and determine eligibility.
• Collaborate with loan originators and process documentation.

Skills

Loan Analysis

Credit Risk Assessment

Financial Documentation Review

Education

Bachelor's Degree in Finance or related field

Job description

1 week ago Be among the first 25 applicants

• Work Environment: Hybrid: Commuting on-site 2 days a week
  
  
  

Job Details

• Schedule: Monday- Friday, 8am-4:30pm
• Work Environment: Hybrid: Commuting on-site 2 days a week
  
  
  

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
  
  
  

Pay And Benefits

The pay range for this position is $30.24 - $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 & vision
• Critical Illness, Accident, and Hospital
• 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
• Life Insurance (Voluntary Life & AD&D for the employee and dependents)
• Short and long-term disability
• Health Spending Account (HSA)
• Transportation benefits
• Employee Assistance Program
• Time Off/Leave (PTO, Vacation or Sick Leave)
  
  
  

Workplace Type

This is a hybrid position in Winchester,VA.

Application Deadline

This position is anticipated to close on Jun 17, 2025.

About TEKsystems And TEKsystems Global Services

We’re a leading provider of business and technology services. We accelerate business transformation for our customers. Our expertise in strategy, design, execution and operations unlocks business value through a range of solutions. We’re a team of 80,000 strong, working with over 6,000 customers, including 80% of the Fortune 500 across North America, Europe and Asia, who partner with us for our scale, full-stack capabilities and speed. We’re strategic thinkers, hands-on collaborators, helping customers capitalize on change and master the momentum of technology. We’re building tomorrow by delivering business outcomes and making positive impacts in our global communities. TEKsystems and TEKsystems Global Services are Allegis Group companies. Learn more at TEKsystems.com.

The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  IT Services and IT Consulting

Referrals increase your chances of interviewing at TEKsystems by 2x

Get notified about new Mortgage Underwriter jobs in Winchester, VA.

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.