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Underwriting_US Mortage

Underwriting_US Mortage

ConfidentialBengaluru / Bangalore
4 days ago
Job description

'A Mortgage Underwriter here will determine the eligibility of loan applicants or authorize purchases through underwriters for lenders

You will be analysing and verifying loan applications, evaluating financial risks and making final decisions on eligibility

Ultimately, you will work with a team of financial experts to determine the qualifications of applicants to accept or decline different types of loans'

Roles and Responsibilities

  • 'Problem solving ability by connecting the dots across the loan documentation
  • Perform end to end risk analysis of a loan file
  • Evaluate loan risk through verification of loan application
  • Maintain a thorough working knowledge of industry standards and guidelines
  • Ability to interpret & action for any guideline changes
  • Reviewing & responding to loan conditions as necessary
  • Ensuring compliance with regulatory standards
  • Perform other duties as assigned by Management
  • Meet daily targets & all SLAs as communicated

Requirements

  • Graduate in any discipline
  • 2 - 5 years of relevant experience in pre-underwriting / processing.
  • General knowledge of Fannie Mae, Freddie Mac, FHA and VA guidelines a plus
  • Detail oriented
  • Adhere to strict timelines prescribed by the Management and provide the review Experience working in a production environment preferred.
  • Good Verbal and written communication skills
  • Should have good analytical skills and have the ability to make decisions based on facts
  • Competent with MS office applications, LOS, LMS, Selling guide navigation
  • Knowledge of standard mortgage nomenclature
  • Shift : Should be flexible with both day & night shift & okay to work over the weekends if required
  • Skills Required

    Us Mortgage

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    Mortage • Bengaluru / Bangalore

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