Home Equity Underwriter

TEKsystems
$34.00 - $40.00 / hr
life insurance, sick time, 401(k), retirement plan
United States, Michigan, Troy
Apr 19, 2025
Description Looking for Home Equity Underwriters to join their Lending Team. Hours: Monday through Friday 8am to 5pm or 8:30am to 5:30pm or 9am to 6pm <-- Flexible These individuals will be doing full cycle home equity Underwriting. Responsibilities: - Analyzes applicants' financial status, credit, and property evaluations to make sound, consistent, and logical decisions on loan applications within established time frames. - Applies consistent decisions across all products and without bias or discrimination. Makes decisions consistent with federal and state regulations and 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 approval, denial, or counteroffer. - 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 home equity 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. - Identifies and suggests process or efficiency improvements related to area of responsibility. - Maintains confidentiality and security of applicant information and data at all times. Skills & Qualifications - 2+ years full cycle mortgage or home equity UNDERWRITING experience. - Experience in Home Equity, FHA, VA or Conventional Mortgages - attention to detail - Encompass system experience a plus Pay and Benefits The pay range for this position is $34.00 - $40.00/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 fully onsite position in Troy,MI. Application Deadline This position is anticipated to close on May 2, 2025. 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 characteristic protected by law.