Job Description

Job Description

Ark Temporary Staffing is looking for a Senior Underwriter.

A Mortgage underwriter plays a crucial role in the home loan process, assessing the risk associated with lending money to potential homeowners. Here's a typical job description for a mortgage underwriter:

Job Title: Mortgage Underwriter

Job Summary: As a mortgage underwriter, you will be responsible for evaluating and determining the creditworthiness of individuals or businesses applying for mortgage loans. Your primary objective will be to assess the risk involved in extending loans based on factors such as credit history, income, employment stability, and property value. You will ensure that all loan applications adhere to company and regulatory guidelines.

Key Responsibilities:

1. Loan Evaluation : Review and analyze mortgage loan applications to determine eligibility and risk level.
2. Credit Assessment : Assess borrowers' creditworthiness by examining credit reports, credit scores, and other financial documents.
3. Income Verification : Verify applicants' income and employment details to ensure they have the financial capacity to repay the loan.
4. Property Appraisal : Evaluate property appraisals to confirm the value and condition of the collateral.
5. Risk Assessment : Evaluate overall risk and make informed decisions regarding loan approval or rejection.
6. Compliance : Ensure all loan applications comply with company policies, underwriting guidelines, and regulatory requirements.
7. Communication : Communicate with loan officers, borrowers, and other stakeholders to gather necessary information and clarify details.
8. Documentation : Maintain accurate and detailed records of the underwriting process, including loan decisions and supporting documentation.
9. Problem Resolution : Identify and address any discrepancies or issues in loan applications, working to resolve them efficiently.
10. Team Collaboration : Collaborate with other departments, such as loan processing and closing, to facilitate smooth loan transactions.

Qualifications:

• Bachelor's degree in finance, business, or a related field (preferred).
• Proven experience in mortgage underwriting or a similar role in the financial industry.
• Strong knowledge of mortgage lending regulations, guidelines, and procedures.
• Excellent analytical skills and attention to detail.
• Effective communication and interpersonal skills.
• Ability to make sound decisions under pressure.
• Proficiency in using underwriting software and other relevant tools.

Working Conditions:

• Typically office-based.
• May require occasional overtime to meet deadlines.
• Must adhere to strict confidentiality and data security protocols.

Note: The specific duties and qualifications may vary depending on the employer and the complexity of the mortgage lending operations.

Company Description

ARK Temporary Staffing is a leading provider of staffing services providing reliable, quality Temporary and Permanent personnel for corporate clients and government agencies since 2004. With over fifty years of combined staffing experience the company is able to provide each customer unparalleled world-class attention and superior Customer Service.

Our recruiters and employees enjoy the caring, cooperative team environment created and maintained by our experienced management team. The company offers various placement options Temp, Temp-to-Perm and Permanent to assure the right fit for our clients. Focused on contingent workforce management of Office, Professional and Labor segment occupations.

Company Description

ARK Temporary Staffing is a leading provider of staffing services providing reliable, quality Temporary and Permanent personnel for corporate clients and government agencies since 2004. With over fifty years of combined staffing experience the company is able to provide each customer unparalleled world-class attention and superior Customer Service. \r\n\r\nOur recruiters and employees enjoy the caring, cooperative team environment created and maintained by our experienced management team. The company offers various placement options Temp, Temp-to-Perm and Permanent to assure the right fit for our clients. Focused on contingent workforce management of Office, Professional and Labor segment occupations.