US Mortgage Underwriter

The Conventional Underwriter reviews, conditions and underwrites mortgage loans in accordance

with established policies and procedures and appropriate guidelines; examines all documentation

for accuracy and completeness.

Experience : -

4years and above

Education Qualification : -

Degree Or Equivalent

Preference : -

US Mortgage Process (Only Night Shifts)

Work From Home / Remote.

Key Required Skills : -

 Candidate must have experience in live underwriting & Real Time Analysis.

 Excellent at Income Calculation and Debt-to-Income(DTI) Ratio Calculation.

 Expertise in 4C's framework (Credit, Capacity, Collateral and Capital),

 Familiar in Credit report Analysis & LOX (Letter of Explanation).

 Knowledge on Credit Bureau, Documents to approve the loan, Familiar with different

account types.

Job Roles and Responsibilities :

 Review and analyse the mortgage loan application to ensure eligibility, accuracy, completeness,

and compliance with internal and regulatory guidelines to minimize risk factors.

 Review all required loan data, reports, and inspections to insure the collateral is acceptable to

investor and the company.

 Knowledge of Lending & Underwriting Guidelines | Credit & Income Analysis | Cash Flow Analysis |

Risk Assessment | Loan-to-Value Ratios | Debt-to-Income Ratios

 Review Initial application - Verify loan, property, borrowers’ information with other available

documents - Verify borrower's monthly income and expenses - Verify other relevant sections. 

Review all the documents related to borrower’s Credit, Capacity, Collateral and Capital.

 Calculate asset required for closing and reserve purpose for the transaction (as per guideline)

 Responsible for making independent decisions regarding acceptance and risk of loans according to

HUD, company, and investor guidelines.

 Provides final approval underwriting of mortgage loans.

 Completes all required paperwork and forms in a timely and accurate manner; prepares required

forms.

 Sign off conditions in a timely manner set by management.

 Work with staff and management to find solutions on escalated loans.

 May be requested to make recommendations for improving Internal Audit’s policies and practices.

 Manage loans by using all functions of Encompass.

 Effectively communicate underwriting decisions with processors and advisors

 Maintain high level of customer service and communication with other departments.

 Other duties as assigned. Qualification & Experience

 Degree or Equivalent

 Minimum 3 years of experience in conventional / govt end to end underwriting.

 Well-versed with all 4C’s of Underwriting (Asset, Income, Credit and Collateral)