Underwriter - US Mortgage - BFSI

Underwriter - US Mortgage

- Our Client helps title agents build better, more efficient and cost-effective businesses through industry-leading title services, including title search, production and curative.

There are 2 different roles :

Senior Analyst : Candidates should have 3+ years of experience in US Mortgage Underwriting

Team Leader : Candidates should have 5+ years of experience in US Mortgage Underwriting

Job Location : Andheri

Candidates from Mumbai who can join immediately only apply.

Salary : UP to 10 LPA

Keywords :

- US Mortgage, US Residential Mortgage, Loan Origination

- Underwriting / Credit Mortgage Underwriter, Credit report, Credit risk analysis, Income analysis/calculation, Assets, Bank Statements, Debt to income ratio (DTI), LTV (Loan to Value ratio) Collateral, Appraisal, Title, Underwriting loan, Fannie Mae (FNMA), Freddie Mac (FHLMC), Conventional, Automated Underwriting system (AUS), investor guidelines, FHA, VA, USDA, loan decision.

Job Description :

- Review loan files in compliance with all agency guidelines.

- Scrutiny of application for completeness of forms

- Co-ordination and collaboration with sales for login and issuance.

- Pre-login verification of cases.

- Follow up and coordination with insurers

- Maintenance of login and issuance MIS

Requirements :

- Must be aware of income calculations for various income types like salaried, self-employed & other income

- Should be able to calculate income & review credit report, assets & collateral and Appraisal

- Should be aware of all the mortgage documents & agency guidelines