Jobs in India

About this role

• Hands on experience in MS office applications
• Good verbal & written communication -Ability to handle demanding working environment and work under pressure.
• Candidates with 3-4 years of mortgage processing experience and a background in Mortgage Originations Ops
• Willingness to learn / Trainable / Problem solver.
• Attention to detail – Has to be accurate on numbers and deliver in timely manner
  
  

• Ability to manually underwrite complex transactions to ensure the loan meets established guidelines.
• should have experience in mortgage insurance guidelines
• Underwriter should have the ability to read the guidelines to determine whether each loan meets the requisite guideline as specified by the Client.
• Should know how to run the AUS and verify the data integrity off the Desktop UW / Loan Prospector
• Review the Employment Guideline Requirements
• Perform Income calculations (salaried / Self-employed / Rental / Other Incomes)
• Validate all type of Assets including 401K, Bank Statements, Mutual funds etc.,
• Usage of Assets against Income requirement / qualification
• Calculate Debt-to-Income Ratio, Loan-to-value Ratio, Housing Payments
• Review appraisal and perform Property Valuation and use property valuation tools
• Review Credit Report including Credit Scores, Existing liens, payments etc.,
• Should also review on the alternate / support documents for credit review.
• Title review and lien validations
• Review loan details in Loan application, Letter of explanations, gift letters
• Income verification on Bank statement loans.
• Client specific guideline review with alternate documentations
• Understanding on Counteroffer and Solution the loan
• Review on compliance documents