New

Home Equity Underwriter

TEKsystems
$34.00 - $40.00 / hr
life insurance, sick time, 401(k), retirement plan
United States, Michigan, Troy
Apr 22, 2025
Job Description: Seeking Home Equity Underwriters to join the Lending Team. These positions involve full-cycle home equity underwriting. Responsibilities: * Analyze applicants' financial status, credit, and property evaluations to make sound loan decisions within established time frames. * Apply consistent decisions across all products without bias or discrimination, adhering to federal and state regulations and investor policies. * Document files/systems thoroughly to ensure clarity for members and team members regarding approval, denial, or counteroffer reasons. * Analyze loan documentation, personal and business financial statements, and other financial information to support loan decisions. * Research and explain loan calculations within all systems, assist others as a subject matter expert on home equity products, and maintain general knowledge of all loan products. * Apply in-depth knowledge of custom and credit scoring models, knowing when to override the models. * Maintain awareness of current market forces and conditions affecting loan underwriting, such as real estate secondary markets, local and national economy, competitor rates and products, membership product/service needs, and housing market trends. * Identify and suggest process or efficiency improvements related to area of responsibility. * Maintain confidentiality and security of applicant information and data at all times. Skills & Qualifications * At least 2+ years of full-cycle mortgage or home equity underwriting experience. * Home equity, FHA, VA, or conventional mortgage experience. * High member contact, with a strong customer service focus. Must be willing to communicate with members throughout the process. Work Environment: * Monday through Friday, flexible hours (8am to 5pm, 8:30am to 5:30pm, or 9am to 6pm) * The work environment includes a newly renovated building with cubicles on the 2nd floor, accommodating 20-30 people at all times. * The dress code is business casual (no leggings, sandals, or jeans). * No cell phone usage is allowed due to handling financial information. The building features a nice cafeteria and break room, and an actual branch on the first floor for convenient banking. 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 Apr 30, 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.