We are currently seeking to hire a qualified Mortgage Due Diligence Specialist. Please find the detailed job description below: Review Loan Documentation: Ensure that all necessary documentation (e.g., loan application, income verification, credit reports, purchase contracts and lease agreements) is complete and accurate. Verify Compliance: Ensure that the loans comply with investor guidelines. Analyze Credit Risk: Assess borrower creditworthiness by analyzing credit scores, and other factors. Assess Property Valuation: Review property appraisals and ensure that property values are in line with market conditions and the loan’s risk profile. Spot Potential Red Flags: Identify any discrepancies, missing information, or potential fraud indicators within the loan files. Prepare Reports: Generate reports on findings, such as compliance issues, missing documents, or any risks that might affect the loan's performance.
Role & responsibilities 1) Review Loan Documentation : Ensure that all necessary documentation (e.g., loan application, income verification, credit reports, purchase contracts and lease agreements) is complete and accurate. 2) Compliance review: Ensure that the loans comply with investor guidelines. 3) Analyze Credit Risk: Assess borrower creditworthiness by analyzing credit scores, and other factors. 4) Property Valuation: Review property appraisals and ensure that property values are in line with market conditions and the loans risk profile. 5) Spot Potential Red Flags: Identify any discrepancies, missing information, or potential fraud indicators within the loan files. 6) Prepare Reports: Generate reports on findings, such as compliance issues, missing documents, or any risks that might affect the loan's performance. Preferred candidate profile 1) Strong communication skills. 2) Willingness to learn and grow. 3) Good excel skills. 4) Should be a team player 5) Experience in pre-underwriting/Underwriting/Due Diligence