Analyst, Credit and Income

0 - 8 years

4 - 5 Lacs

Posted:2 weeks ago| Platform: Naukri logo

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Work Mode

Work from Office

Job Type

Full Time

Job Description

  • Complete quality control post loan closing/Pre-funding. Review pre-closing/Prefunding documentation to ensure accuracy prior to document release and review post-closing documentation to ensure accuracy after loan closing and confirm supporting documents are all present and correctly executed. Record and report loan exceptions.
  • Expertise on RADD, Forensic review, QM(Conventional, FHA, VA and USDA), non-QM and Portfolio loans review.
    • Credit and Income review; Income calculation; Employment Income, self-employed income, rental income and other income.
    • Identify red flags on loan file(Income documents review, asset documents review, credit report, Fraud report, exclusionary list).
  • Review entity documentation to understand business structure and authorized signers.
  • Knowledge of applicable federal regulations and state laws a plus.
  • Ability to prioritize and decipher policies, programs, and guidelines.
  • Strong attention to detail, organizational and communication skills.
  • Ability to handle multiple tasks, take on new responsibilities, and prioritize work in a deadline-intensive environment.
  • Strong interpersonal and teamwork skills and ability to influence through collaboration.
  • Self-motivated, high level of personal energy and commitment.
  • Flexible to work on Night shifts.

  • Bachelors Degree, Masters Degree.
  • 5+ years of experience in retail US residential mortgage banking and QC/post-closing/Prefunding is required.

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Altisource

Financial Services / Real Estate

Southfield

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