Residential Mortgage Underwriting

VENUE DETAILS :

HCL Technologies Limited, Block 1, Sandhya info city / ETA 3 Special Economic Zone, No : 33, Rajiv Gandhi Salai, Navalur, Tamil Nadu 603103

DATE - 11TH OCT 25

TIMING DETAILS : 9AM - 2PM

This is a Residential Mortgage Underwriting process which involves a complete analysis of the loan parameters Job Summary :

and the borrowers’ details pertaining to Income, credit and assets.

Candidate shall be responsible for conducting daily and weekly audits to ensure the decisions rendered on credit applications are in par with the Mortgage Underwriting guidelines as prescribed by Fannie Mae / Freddie Mac. Shall ensure that the loan applications have been thoroughly reviewed in all aspects of the Credit, Income and Asset.

Shall ensure that the overall risk has been taken into consideration while providing the underwriting recommendations.

Responsibilities :

• Works under moderate supervision; acquires and applies maturing knowledge of the business, its products, and processes.
• Shall be responsible for performing daily and weekly audits on the transactions completed by the team.
• Shall ensure that a sampling methodology based on the complexity of the loan, Error trends, History of errors is worked out to ensure maximum coverage to minimise risk of error
• Shall ensure that the loan has been reviewed in accordance with the SOP / Process manuals and any updates to the process have been followed and incorporated as part of the processing.

Skills Required :

Minimum Requirements