15 Income Calculations Jobs

The primary responsibility of an Underwriter is to review mortgage files submitted for underwriting. This includes calculating income, analyzing debt and assets, as well as conducting a thorough review of the completed appraisal and title. The Underwriter must enter data accurately into the clients" loan operating system and use an automated underwriting system to determine approval and clear conditions for Final Approval. It is essential for candidates in this role to possess a strong sense of urgency, work well in a team environment, and maintain excellent organizational, communication, and PC skills. Key Responsibilities: - Conduct a comprehensive review of mortgage loan files, covering income, assets, credit, and collateral - Ensure accurate data entry using the clients" loan operating system - Underwrite loans in compliance with client guidelines, utilizing automated underwriting systems or manual guidelines - Evaluate and verify the accuracy, completeness, and compliance of overall loan documents - Identify and address any red flags or alerts - Make loan decisions and condition files accordingly - Review and approve conditions for compliance and completion of loan files - Provide exceptional customer service to internal and external clients - Stay updated on client and investor requirements - Resolve pre and post-closing issues related to underwriting - Assist Processors/Loan Officers in understanding underwriting decisions and conditions - Ability to work efficiently in a high-stress environment while delivering top-notch customer service - Willingness to work more than 40 hours, as needed Qualifications: - Minimum of 2+ years of current conventional mortgage loan underwriting experience Required Skills: - Proficient in income calculations, tax returns, reading credit reports, and identifying red flags - Basic knowledge of appraisals and ability to spot red flags and ineligible properties - Thorough understanding of GSE underwriting guidelines and automated underwriting engines (DU/LP) - Strong analytical, interpersonal, verbal, and written communication skills - Detail-oriented with excellent time management abilities - Ability to thrive in a flexible and production-oriented environment - Team player with the capability to work in multiple systems in a paperless environment - Willingness to work in a highly secure environment - NMLS-MLO Licensure preferred - Availability to work outside of normal business hours when required If you are interested in a challenging role as an Underwriter with an opportunity to work onsite for 4 months in Chennai/Pune followed by work from home, kindly reach out to Meenakshi Verma at meenakshi.verma@mphasis.com or call at 9596024539. Mphasis is at the forefront of providing next-generation design, architecture, and engineering services to global enterprises, with a focus on delivering scalable and sustainable software and technology solutions. We are committed to customer centricity and offer hyper-personalized digital experiences through our innovative Front2BackTM Transformation approach. Join us in shaping the future of technology and driving impactful change in the industry.,

As a U.K. Mortgage Underwriter at one of the Top MNCs, your primary responsibility will be to assess and underwrite mortgage applications while ensuring compliance with underwriting guidelines and regulatory standards. You will need to have expertise in the 4 Cs of underwriting Credit, Capacity, Collateral, and Capital. Your role will involve taking ownership of mortgage applications from initial submission through to offer, providing a seamless service to brokers and partners. You will be responsible for reviewing and screening residential owner-occupied and buy-to-let mortgage applications, ensuring the correct packaging requirements are set based on the customer and application type. Anticipating the needs of the underwriter, you will assess risks, interpret lending policy, and ensure data accuracy by identifying and correcting inaccuracies in customer information, property portfolios, and income details. Meeting and exceeding set SLAs at each touchpoint and managing all mortgage documents and supporting information will be crucial aspects of your job. You will also be responsible for conducting customer due diligence, including document assessment and validation, proof of ID, proof of address checks, and adherence to CDD policies to prevent fraud and ensure compliance with anti-money laundering regulations. Having a strong technical knowledge of mortgage origination systems and supporting systems, as well as understanding system rules and affordability calculators, will enable you to make informed decisions that align with bank risk appetite. Adhering to Standard Operating Procedures and continuously reviewing and improving processes to enhance the customer experience will be key elements of your role. Your expertise in both residential and commercial lending, particularly in the UK market, will be valuable in supporting the successful progression of mortgage applications and prioritizing work to meet service KPIs. By identifying and reviewing changes to SOPs and implementing improvement ideas, you will contribute to enhancing the overall efficiency and effectiveness of the underwriting process.,

The Underwriter reviews, conditions, and underwrites mortgage loans in accordance with established policies and procedures and appropriate guidelines; examines all documentation for accuracy and completeness. Review and analyze the mortgage loan application to ensure eligibility, accuracy, completeness, and compliance with internal and regulatory guidelines to minimize risk factors Review all required loan data, reports, and inspections to insure the collateral is acceptable to investor and the company. Responsible for making independent decisions regarding acceptance and risk of loans according to HUD, company, and investor guidelines. Provides final approval underwriting of mortgage loans Conventional, Correspondent, FHA, VA, Reverse. Completes all required paperwork and forms in a timely and accurate manner; prepares required forms. Sign off conditions in a timely manner set by management. Work with staff and management to find solutions on escalated loans. May be requested to make recommendations for improving Internal Audits policies and practices. Manage loans by using all functions of Encompass. Effectively communicate underwriting decisions with processors and advisors Maintain high level of customer service and communication with other departments. Requirements Bachelors degree or equivalent of fifteen years of education mandatory Minimum of 1 years of experience in Mortgage Underwriting with thorough knowledge of Financial and nonfinancial supporting documentation, Income calculations, Asset/ Liabilities & Appraisal verification, Credit report review. Knowledge about risk and compliance in Lending especially the FNMA & FHLMC Underwriting standards. Knowledge about Underwriting procedures of Conventional, Correspondent Lending, Reverse mortgage, FHA, VA (Government loans) underwriting Ready to do any shifts including night shift as per Business unit requirements. Ready to travel to office for training and other learning work related activities as per Business unit requirements. Show more Show less

As an Underwriter at Digital Risks, your main responsibility will be reviewing mortgage files submitted for underwriting. This role involves evaluating income, debt, assets, as well as conducting a thorough analysis of appraisals and titles. You will also be tasked with inputting data into the loan operating system, utilizing automated underwriting systems for approval decisions, and clearing conditions for final approval. It is essential that you possess a sense of urgency, excel in a team environment, and have excellent organizational, communication, and PC skills. Your duties will include performing comprehensive reviews of mortgage loan files, underwriting loans according to client guidelines, evaluating loan documents for accuracy and compliance, issuing loan decisions, approving conditions, providing exceptional customer service to clients, and staying updated on client and investor requirements. You will also be responsible for resolving underwriting-related issues, assisting processors and loan officers in understanding decisions and conditions, and working in high-stress environments when needed. To qualify for this role, you need a minimum of 2+ years of current conventional mortgage loan underwriting experience, strong knowledge of income calculations, tax returns, credit reports, and appraisal basics. Familiarity with GSE underwriting guidelines and automated underwriting engines, as well as strong analytical, interpersonal, and communication skills are essential. Additionally, you should be detail-oriented, have excellent time management skills, be flexible in a production-oriented environment, and work effectively as part of a team. A willingness to work outside normal business hours and NMLS-MLO Licensure are preferred qualifications for this position.,

As a QA Underwriter at Digital Risk, you will play a crucial role in the mortgage underwriting process by reviewing mortgage files submitted for underwriting. Your responsibilities will include assessing income, analyzing debt and assets, as well as conducting a thorough review of appraisals and titles. You will be required to enter data into the loan operating system, utilize automated underwriting systems, and ensure compliance with client guidelines for loan approval. Your essential job functions will involve reviewing all aspects of mortgage loan files, underwriting loans based on client guidelines, evaluating document accuracy and compliance, identifying and resolving issues, providing excellent customer service, and staying updated on client and investor requirements. Additionally, you will assist processors and loan officers in understanding underwriting decisions and conditions, working efficiently in a high-stress environment, and being available to work beyond regular business hours. To qualify for this role, you must have a minimum of 5 years of current conventional mortgage loan underwriting experience. You should possess strong knowledge of income calculations, tax returns, credit reports, and appraisal basics. Familiarity with GSE underwriting guidelines, automated underwriting engines, excellent analytical and communication skills, detail-oriented approach, flexibility in a production-oriented environment, and the ability to work collaboratively in a team are essential requirements. NMLS-MLO Licensure is preferred, and willingness to work in a strict security environment and across multiple systems is necessary. Join Digital Risk's team of over 1,500 professionals and contribute to the mission of making mortgages safe through the effective blending of human expertise and cutting-edge technology. If you are a proactive, detail-oriented underwriter with a passion for ensuring loan quality and customer satisfaction, this role offers you the opportunity to excel in a dynamic and challenging work environment.,

As a US Mortgage Underwriter, your main responsibility will involve reviewing mortgage files submitted for underwriting. This role requires you to analyze income, debt, assets, as well as conduct a thorough review of appraisals and titles. You will need to input data into the loan operating system, utilize automated underwriting systems for approvals, and clear conditions for final approval. It is essential for you to work efficiently in a team setting, demonstrating strong organizational, communication, and PC skills. Your duties will include: - Conducting a comprehensive review of mortgage loan files, covering income, assets, credit, and collateral - Ensuring accurate data entry in the loan operating system - Underwriting loans in compliance with client guidelines, using automated underwriting systems or manual guidelines - Verifying the accuracy, completeness, and compliance of loan documents - Identifying and addressing red flags or alerts - Issuing loan decisions and addressing file conditions - Reviewing and approving conditions to meet compliance and complete loan files - Providing exceptional customer service to internal and external clients - Staying updated on client and investor requirements - Resolving underwriting-related pre and post-closing issues - Assisting Processors and Loan Officers in understanding underwriting decisions and conditions - Working efficiently in a high-pressure environment while maintaining a high level of customer service - Being available to work beyond regular hours as necessary Qualifications: - Minimum of 2+ years of current conventional mortgage loan underwriting experience Required Skills: - Proficiency in income calculations, tax returns, credit report analysis, and identifying red flags - Basic knowledge of appraisals and ability to spot red flags and ineligible properties - Thorough understanding of GSE underwriting guidelines and automated underwriting engines (DU/LP) - Strong analytical, interpersonal, verbal, and written communication skills - Detail-oriented with excellent time management abilities - Ability to thrive in a flexible and production-oriented environment - Team player with proficiency in working across multiple systems in a paperless setting - Willingness to work in a highly secure environment - NMLS-MLO Licensure preferred - Availability to work outside of regular business hours when required This is a full-time position that will require working in person. If you meet the qualifications and are ready to take on the responsibilities of a US Mortgage Underwriter, we encourage you to reach out to the employer at +91 9176017587. Regards, Swathy Bhaskaran,

The Lead Underwriter position involves working on loan underwriting to meet daily targets or assignments. The ideal candidate should possess experience in US Mortgage Underwriting and be familiar with the 4 Cs - Credit, Capacity, Capital, and Collateral. Additionally, knowledge of Income Calculations, Credit review, Assets/Capital review with guideline requirements, LTV, CLTV calculations, PITI, DTI calculations, Fannie Mae, Freddie Mac guideline requirements, Govt. loans (FHA, VA, USDA), and FHA/VA/USDA guideline requirements is required. The successful candidate should also have good communication skills. The educational requirement is any degree with US Mortgage Underwriting experience. The work schedule includes night shifts and hybrid work, with the flexibility to work from the office based on business requirements.,

The role of an Underwriter involves reviewing mortgage files submitted for underwriting, which includes tasks such as calculating income, analyzing debt and assets, and conducting a thorough review of appraisals and titles. As an Underwriter, you will be responsible for entering data into the loan operating system, utilizing automated underwriting systems to determine approval, and ensuring all conditions are met for final approval. It is essential to have a strong sense of urgency, work well in a team, and possess excellent organizational, communication, and PC skills. Your responsibilities will include performing a comprehensive review of mortgage loan files, verifying income, assets, credit, and collateral information. You will need to ensure accurate data entry in the loan operating system, underwrite loans based on client guidelines, evaluate loan documents for accuracy and compliance, and address any red flags or alerts that arise. Additionally, you will issue loan decisions, review conditions, provide customer service, stay updated on client requirements, resolve underwriting-related issues, and assist other team members as needed. To qualify for this position, you should have a minimum of 2 years of current conventional mortgage loan underwriting experience. Strong knowledge of income calculations, tax returns, credit reports, appraisal processes, underwriting guidelines, and automated underwriting engines is required. Excellent analytical, interpersonal, and communication skills are essential, along with the ability to manage time effectively, work in a fast-paced environment, and collaborate with team members. Possessing NMLS-MLO licensure is preferred, and willingness to work outside of normal business hours when necessary is expected. If you are looking to join a dynamic team and contribute your expertise in underwriting, this role offers an opportunity to work in a challenging yet rewarding environment where customer-centricity and excellence are paramount. For further details or to apply for this position, please contact Meenakshi Verma at meenakshi.verma@mphasis.com or call 9596024539.,

As an Underwriter at Digital Risks, your primary responsibility will involve reviewing mortgage files submitted for Underwriting. This role requires you to meticulously calculate income, analyze debt and assets, and conduct a thorough evaluation of the completed appraisal and title. Moreover, you will be tasked with entering data into the client's loan operating system, utilizing automated underwriting systems to determine approval, and clearing conditions for Final Approval. It is imperative that you possess a strong sense of urgency, excel in a team environment, and maintain exceptional organizational, communication, and PC skills. Your essential job functions will include performing comprehensive reviews of mortgage loan files encompassing income, assets, credit, and collateral. Utilizing the client's loan operating system accurately and adhering to client guidelines for underwriting, whether through automated underwriting systems or manual processes. You will evaluate loan documents for accuracy, completeness, and compliance, identify and address red flags, issue loan decisions, and ensure file conditions are met. Providing outstanding customer service to both internal and external clients, staying updated on client and investor requirements, resolving underwriting-related issues, and supporting Processors/Loan Officers in interpreting underwriting decisions and conditions will also be part of your responsibilities. To excel in this role, you must have a minimum of 2+ years of current conventional mortgage loan underwriting experience. A strong understanding of income calculations, tax returns, credit report analysis, and red flag identification is essential. Basic knowledge of appraisals and the ability to spot ineligible properties and red flags is required. Proficiency in GSE underwriting guidelines, automated underwriting engines (DU/LP), and strong analytical, interpersonal, verbal, and written communication skills are also necessary. Being detail-oriented, adept at time management, flexible, and able to work efficiently in a production-oriented environment is crucial. Moreover, you should be comfortable working in a paperless environment, possess the willingness to work in a strict security setting, and ideally hold an NMLS-MLO Licensure. Availability to work beyond normal business hours when required is a must for this role.,

The primary responsibility of the Underwriter is to review mortgage files submitted for underwriting. This role involves calculating income, analyzing debt and assets, conducting a thorough review of appraisals and titles, and entering data into the client's loan operating system. Additionally, the Underwriter utilizes an automated underwriting system to determine approval and clear conditions for Final Approval. To excel in this role, candidates should demonstrate a strong sense of urgency, the ability to work effectively in a team, and possess excellent organizational, communication, and PC skills. Key responsibilities include performing a comprehensive review of mortgage loan files, ensuring accurate data entry in the loan operating system, underwriting loans in compliance with client guidelines, evaluating the accuracy and completeness of loan documents, and issuing loan decisions based on established criteria. The Underwriter also plays a crucial role in providing exceptional customer service to both internal and external clients, staying updated on client and investor requirements, and resolving underwriting-related issues before and after loan closings. Qualified candidates for this position should have a minimum of 2+ years of current conventional mortgage loan underwriting experience. They should possess a strong understanding of income calculations, tax returns, credit reports, and appraisal basics. Proficiency in GSE underwriting guidelines and automated underwriting engines such as DU/LP is essential. Strong analytical, interpersonal, and communication skills are required, along with excellent time management abilities and the capacity to thrive in a fast-paced, production-oriented environment. The ability to collaborate effectively in a team, work across multiple systems in a paperless environment, and adapt to working outside normal business hours as needed are also important attributes for success in this role. NMLS-MLO Licensure is preferred for candidates applying for this position.,

The primary responsibility of an Underwriter is to review mortgage files submitted for underwriting. This role involves tasks such as calculating income, analyzing debt and assets, and conducting a thorough review of appraisals and titles. Additionally, you will be required to input data into the client's loan operating system, use automated underwriting systems for approvals, and clear conditions for Final Approval. It is crucial for candidates to exhibit a strong sense of urgency, work effectively in a team setting, and possess excellent organizational, communication, and PC skills. Your essential job functions will include conducting comprehensive reviews of mortgage loan files, ensuring accurate data entry into the loan operating system, underwriting loans based on client guidelines, evaluating loan documents for accuracy and compliance, identifying and addressing any red flags, issuing loan decisions, approving conditions, delivering exceptional customer service, staying updated on client and investor requirements, resolving underwriting-related issues, and assisting Processors/Loan Officers in understanding underwriting decisions and conditions. You must be capable of managing a high-stress environment while maintaining a high level of customer service and be willing to work beyond regular hours when needed. To qualify for this role, you must have a minimum of 2+ years of current conventional mortgage loan underwriting experience, a strong understanding of income calculations, tax returns, credit reports, and red flag identification, basic knowledge of appraisals and property eligibility, familiarity with GSE underwriting guidelines and automated underwriting engines, strong analytical and communication skills, attention to detail, effective time management skills, adaptability to a production-oriented environment, willingness to collaborate in a team, proficiency in working across multiple systems in a paperless setup, readiness to work in a secure environment, and preference for NMLS-MLO Licensure. Candidates should also be prepared to work outside of regular business hours as required.,

As a skilled U.K. Mortgage Underwriter at one of the Top MNCs, your expertise in the 4 Cs of underwriting (Credit, Capacity, Collateral, and Capital) will be crucial. Your responsibilities will include reviewing, analyzing, and making decisions on mortgage applications while ensuring compliance with underwriting guidelines and regulatory standards. Your ability to assess risk, income, and property values accurately will be essential for sound decision-making. You will be working afternoon shifts in the U.K. for 5 days a week. Your key responsibilities will involve evaluating borrowers based on the 4 Cs of underwriting, conducting risk assessments, and maintaining high-quality underwriting standards to meet federal, state, and investor regulations. Collaboration with loan officers, processors, and other stakeholders will be key to streamline the underwriting process effectively. To excel in this role, you are required to have a minimum of 2 years of experience in mortgage underwriting, preferably in U.S. or U.K. or global residential loans. Strong attention to detail and analytical skills are essential for accurate assessment of financial documents and property risks. Additionally, your communication skills will play a vital role in effectively conveying underwriting decisions to internal teams and external stakeholders.,

The QA - Underwriting position at our company is a Level 3 role that involves reviewing mortgage files submitted for underwriting. As an Underwriter, your main responsibilities will include assessing income, analyzing debt and assets, and conducting a thorough review of appraisals and titles. You will also be responsible for data entry into the loan operating system, utilizing automated underwriting systems for approvals, and addressing conditions for Final Approval. The ideal candidate must demonstrate a strong sense of urgency, work effectively in a team setting, and possess excellent organizational, communication, and PC skills. Key Responsibilities: - Conduct comprehensive reviews of mortgage loan files, covering income, assets, credit, and collateral - Ensure accurate data entry in the loan operating system - Underwrite loans in adherence to client guidelines, using AUS or manual guidelines - Verify the accuracy, completeness, and compliance of all loan documents - Identify and address any red flags or issues - Make loan decisions and set conditions accordingly - Review and approve conditions for loan file completion - Provide exceptional customer service to both internal and external clients - Stay updated on client and investor requirements - Resolve underwriting-related pre and post-closing matters - Assist Processors/Loan Officers in interpreting underwriting decisions and conditions - Handle high-stress situations while delivering top-notch customer service - Willingness to work beyond standard hours when required Requirements: - At least 2 years of current conventional mortgage loan underwriting experience - Proficient in income calculations, tax returns, credit report analysis, and red flag identification - Basic knowledge of appraisals and ability to spot red flags and ineligible properties - Familiarity with GSE underwriting guidelines and automated underwriting engines (DU/LP) - Strong analytical, interpersonal, and verbal/written communication skills - Detail-oriented with excellent time management abilities - Comfortable working in a dynamic, production-driven environment - Team player with the capability to work across multiple systems in a paperless setup - Willingness to operate in a high-security environment - NMLS-MLO Licensure preferred - Availability to work outside regular business hours as necessary If you are interested in this opportunity, please submit your resume to Elizebeth.Gullanki@mycloudxtreme.com. We look forward to hearing from qualified candidates who meet the specified requirements.,

We are seeking an experienced Mortgage Trainer to manage multiple training requirements, implement them, and measure their impact. A successful candidate will be passionate about learning and excited about the prospect of leading by example. Mandatory Experience: Training US Mortgage Underwriting / Pre-Underwriting Income Calculations Loan Origination Credit Report Job Responsibilities & Requirements: Past mortgage originations experience to design, develop, and deliver training with two or more years of experience Must have excellent presentation skills Evaluating individual and organizational performance to ensure training is meeting business needs and improving performance Identifying training needs by consulting with business stakeholders and using needs assessments Developing and delivering training solutions that meet business needs Optimizing training processes for efficiency Manage supply chain in terms of planning, organizing, ensuring high conversion and retention from onboarding new hires till handover to business Exhibit agility in both method and approach to accommodate planned and ad hoc requirements of the business Competency Requirement (with desired proficiency level): Communication Skills (Oral and Written): Advanced Mortgage Domain: Expert Evaluating Others: Advanced Facilitation Skills: Advanced Instructional Design: Intermediate People Management: Advanced Employee Engagement: Advanced Stakeholder Management: Advanced Excel Skills: Intermediate Flexibility, Integrity and Accountability: Expert Additional Requirement: Graduate in any field Experience/certification in mortgage industry with expertise in loan processing & initial underwriting in US Residential Mortgage

Designation - QA - Underwriting Level L3 Shift – US night shift ( WFO) Qualification - Graduate JD: Position Overview: The Underwriter’s primary responsibilities include reviewing mortgage files submitted to Underwriting. This position requires calculating income, analyzing debt and assets, as well as completing an in-depth review of the completed appraisal and title. Additional responsibilities include entering data into the client’s loan operating system, utilizing an automated underwriting system to determine approval and clearing conditions for Final Approval. Candidates must possess a strong sense of urgency with an ability to work in a team environment, maintaining excellent organizational, communication, and PC skills. Essential Job Functions: Perform complete and in-depth review of mortgage loan files including; income, assets, credit and collateral Utilize client’s loan operating system to ensure accurate data entry Underwrite loans in accordance with client guidelines; utilizing AUS or manual guidelines Evaluate and ensure overall loan documents are accurate, complete, and compliant Ability to identify and/or clear red flag or s Issue loan decision and condition file accordingly Review and approve conditions for compliance and completion of loan file Provide excellent customer service to internal and external clients Maintain current knowledge of client and investor requirements Resolve pre and post-closing issues as they relate to underwriting Assist Processors/Loan Officers in understanding underwriting decisions and conditions Must be able to work in a high stress environment while delivering a high-level of customer service Ability to work more than 40 hours, on an as needed basis Requirements: Minimum 2+ years current conventional mortgage loan underwriting experience Strong knowledge of income calculations, tax returns, reading credit reports, identifying red flags Basic knowledge of appraisal and ability to recognize red flags and ineligible properties Thorough working knowledge of GSE underwriting guidelines and automated underwriting engines (DU/LP) Strong analytic, interpersonal, and verbal and written communication skills Detail-oriented with strong ability to time manage Ability to work in a flexible and production-oriented environment Must be willing and able to work as part of a team Strong capability to work in multiple systems - paperless environment Must be willing to work in strict security environment NMLS-MLO Licensure preferred Candidates must be available to work outside of normal business hours when necessary