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.