Mortgage Underwriter

As a Mortgage Underwriter at TEKsystems, your key responsibilities will include managing your individual pipeline, conducting Underwriting Reviews and Conditions Reviews, identifying document deficiencies, and requesting additional documentation from clients. You'll also assist other departments with interpreting underwriting guidelines, providing loan status updates, and communicating with clients about outstanding conditions on loans.

To qualify for the Mortgage Underwriter position at TEKsystems, you should have at least 5 years of experience in the mortgage industry, including 3 years of recent underwriting or loan review experience. While a college degree is preferred, it is not required. Familiarity with FNMA and FHLMC guidelines, as well as advanced proficiency in automated underwriting systems, will also be advantageous.

Success as a Mortgage Underwriter at TEKsystems requires a strong background in conventional and FHA loans, excellent customer service skills, and the ability to work in a fast-paced environment. You'll need to be self-reliant, dependable, and possess great communication abilities, alongside good time management and prioritization skills to meet specific time constraints.

The Mortgage Underwriter position at TEKsystems is a hybrid role, which means that you will have the flexibility to work both remotely and in-person at our Westlake Village, CA location. This arrangement allows you to enjoy the benefits of working from home while still maintaining valuable face-to-face interactions with your team.

Mortgage Underwriters at TEKsystems enjoy a comprehensive benefits package that includes medical, dental, and vision coverage, as well as critical illness and accident insurance. You'll also have access to a 401(k) retirement plan, life insurance options, short and long-term disability coverage, and various employee assistance programs, among other benefits aimed at promoting your well-being.

In response to this question, you should focus on specific underwriting guidelines you've worked with. Highlight your experience with FNMA and FHLMC guidelines, and any other regulations pertinent to the mortgage industry. Discuss how you navigated these guidelines in past roles to ensure compliance and manage risk effectively.

An effective answer will demonstrate your organizational skills. Explain your method for prioritizing tasks based on urgency and impact. You might mention tools or software that help you keep track of deadlines and outstanding conditions, as well as how you communicate updates with clients and team members.

Here, you should describe a specific case that highlights your problem-solving and analytical skills. Talk about the challenges you encountered, the steps you took to gather additional information, and how your actions led to a successful resolution. This can show your potential employers your aptitude for critical thinking in stressful situations.

Discuss your hands-on experience with systems like Desktop Underwriter and Loan Prospector. Explain how you've utilized these tools to streamline the underwriting process, conduct effective reviews, and make sound decisions based on the automated recommendations.

In your answer, you should emphasize the importance of clear and timely communication. Explain your approach to keeping clients informed about their loan status, updates, and any outstanding conditions. Discuss your strategies for ensuring clients feel supported and understood throughout the process.

Talk about qualities such as attention to detail, analytical thinking, self-motivation, and strong communication skills. Explain how these attributes contribute to effective underwriting and compliance with guidelines, ultimately benefiting the client and the company.

Your answer should include your methods for keeping updated, such as participating in webinars, reading industry publications, and networking with peers in the mortgage industry. Emphasizing a commitment to continuous learning and adaptation shows employers your dedication to your professional development.

Provide an example that showcases your ability to perform under pressure. Describe the scenario, the deadline you faced, the steps you took to manage your time, and how you communicated with your team or clients during that high-pressure situation.

Discuss your attention to detail and systematic approach to reviewing documents. Mention any specific checklists or techniques you utilize to ensure all necessary documentation is present and accurate. This showcases your thoroughness and commitment to quality assurance in the underwriting process.

When answering this question, align your values and career aspirations with TEKsystems' goals. Mention how the company’s commitment to innovation and growth resonates with you and refer to how you envision contributing to their mission as a Mortgage Underwriter. This reflects that you’ve done your research and are genuinely interested in the role.