Full Underwriter - US Residential Mortgage

3 - 5 years

4 - 9 Lacs

Posted:1 week ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

The Full Underwriter will be responsible for analysing and verifying residential mortgage loan applications to ensure compliance with company policies and regulatory requirements. The role involves assessing borrower creditworthiness, reviewing property appraisals, and identifying potential risks to support sound lending decisions.

Role & responsibilities

  • Analyse and verify loan applications, ensuring all required documents are complete and accurate
  • Assess borrowers credit history, employment, income, and debt levels
  • Confirm property value through appraisal reports and alternative valuation products
  • Evaluate credit reports to determine borrowers creditworthiness
  • Review financial statements, tax returns, pay stubs, and other income documentation
  • Calculate debt-to-income (DTI) and loan-to-value (LTV) ratios
  • Ensure loans comply with federal, state, and local regulations
  • Adhere to company policies and guidelines
  • Identify potential risks and assess overall risk level of the loan

Preferred candidate profile

  • 3+ years of experience in US residential mortgage underwriting
  • Strong knowledge of mortgage regulations and compliance standards
  • Proficiency in financial analysis and credit evaluation
  • Detail-oriented with excellent analytical and decision-making skills
  • Ability to work independently and collaboratively in a fast-paced environment

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