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Lead Underwriter, Correspondent Lending - APAC

Lead Underwriter, Correspondent Lending - APAC

PHH Mortgage Corporation

4 - 8 years

20 - 25 Lacs

Mumbai

Posted:2 months ago| Platform:

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Skills Required

Loans US mortgage mortgage underwriting

Work Mode

Work from Office

Job Type

Full Time

Job Description

To work on loan underwriting and complete the daily target or assignments. Have experience in US Mortgage Underwriting. Working on 4 C s (Credit, Capacity, Capital, and Collateral). Knowledge on Income Calculations (Wage, Self Employed and other incomes). Knowledge on Credit review (liability reconciliations and guideline requirements) Knowledge on Assets/Capital review with guideline requirements. Knowledge in LTV, CLTV calculations, PITI and DTI calculations. Knowledge in Fannie Mae and Freddie Mac guideline requirements. Knowledge in Govt. loans (FHA, VA and USDA) Knowledge on FHA/VA/USDA guideline requirements. Good communication skill. EDUCATION / EXPERIENCE Any degree with US Mortgage Underwriting experience.

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Lead Underwriter, Correspondent Lending - APAC