Mortgage Underwriter US

QRight Solutions is looking for ” Due Diligence - US Residential Mortgage Underwriters ” for a US BPO at Chennai.

Please share the profiles to [email protected]

Title – Analyst / Sr Analyst / SME (20 positions)

Exp – Any degree with 1 - 7 years UW exp.

Pay - upto 7 LPA (based on evaluation)

Responsibilities:

Loan Application Review:

➢ Analyse and verify loan applications, ensuring all required documents are complete and accurate like 1003, 1008, credit report etc.

➢ Assess the borrower's credit history, employment, income, and debt levels.

➢ Confirm the property's value through appraisal reports.

Credit and Financial Analysis:

➢ Evaluate credit reports to determine the borrower's creditworthiness.

➢ Analyse financial statements, tax returns, pay stubs, and other income documentation.

➢ Calculate debt-to-income (DTI) ratios and loan-to-value (LTV) ratios.

Property Valuation Review:

➢ Review appraisals & alternative value products for conformity & assess accuracy of the property valuation.

Compliance and Risk Assessment:

➢ Ensure loans comply with all federal, state, and local regulations.

➢ Adhere to company policies and guidelines.

➢ Identify potential risks and assess the overall risk level of the loan.

Job Type: Full-time

Pay: ₹400,000.00 - ₹700,000.00 per year

Benefits:

• Health insurance
• Provident Fund

Schedule:

• Day shift

Supplemental Pay:

• Performance bonus

Application Question(s):

• how many years exp in US Res Mortgage Underwriting ?
• Available for F2F interview at Chennai ?
• Immediate joiner ?

Work Location: In person