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(High Salary) U.K Mortgage Underwriter

(High Salary) U.K Mortgage Underwriter

Selections HR Services Private LimitedIndia
1 day ago
Job description

We are seeking a skilled U.K Mortgage Underwriter with expertise in the 4 C’s of underwriting (Credit, Capacity, Collateral, and Capital). The ideal candidate will have experience in risk assessment, income calculations, and property evaluation, ensuring compliance with underwriting guidelines and regulatory standards.

Shift & Working Days :

  • Shift : U.K (11am -11pm).
  • Working Days : 5 days of working.

Key Responsibilities :

  • Underwriting Activities : Review, analyze, and approve / deny mortgage applications based on risk assessment and investor guidelines.
  • 4 C’s of Underwriting : Evaluate borrower’s Credit, Capacity, Collateral, and Capital to determine loan eligibility.
  • Income Calculation : Assess borrower income using tax returns, W-2s, pay stubs, and financial statements.
  • Risk Assessment : Analyze creditworthiness, property valuation, and overall lending risks to ensure sound decision-making.
  • Compliance & Quality Control : Ensure adherence to federal, state, and investor regulations, maintaining high-quality underwriting standards.
  • Collaboration : Work closely with loan officers, processors, and other stakeholders to streamline the underwriting process.
  • Requirements :

  • Experience : Minimum 2 years in mortgage underwriting, preferably in U.S. or U.K. or global residential loans.
  • Attention to Detail : Strong analytical skills to assess financial documents and property risks accurately.
  • Communication : Ability to articulate underwriting decisions effectively to internal teams and external stakeholders.
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