Mortgage Underwriter US Res

Job Description

QRight Solutions is looking for ” Due Diligence - US Residential Mortgage Underwriters ” for a US BPO at Chennai. Please share the profiles to career@qright.in 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): Exp in US Residential Mortgage Underwriting ? Available for F2F interview at Chennai office ? Immediate joiner ? Work Location: In person