Mortgage Underwriting /SME -Mumbai / Hyderabad

3 - 8 years

10 - 20 Lacs

Posted:1 month ago| Platform: Naukri logo

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Work Mode

Work from Office

Job Type

Full Time

Job Description

SUMMARY
Job Description    
 
 
Job Type : Full Time 
Job Summary : Responsible for performing  post close  audits ensuring 100% adherence to investor  
and agency  non - agency  guidelines    
 
 
Job Responsibilities: 
Analyse loan files, including Borrower creditworthiness and ability to repay, red flag alerts,  
collateral valuation and worthiness, occupancy and employment verifications, title policies,  
and property  insurance 
Examine and analyse assets, liabilities, income, and debt information related to applicants,  
which was used to make credit  decision  
Ensure all debts in credit report are considered for calculating DTI and is compliant with  client,  
Reverse Mortgage & FHA  guidelinesv 
Ensure Financial Assessment requirements are met as per Client ,   Reverse Mortgage & FHA  
guidelines 
Evaluate and review appraisal reports and collateral issues related to real estate in order to  
determine whether it may properly  supports  the approval of a loan application. 
Work on third party verification from ordering stage  uptil  completion. Ensure validation of re-
verification with original documents and highlight any discrepancies / red  flag  
Work with  relevant parties  to acquire required documents  in order to  verify the income and  
employment details of the applicant, review the applicant's credit profile, analyse financial  
statements, and consider other information in order to act on loan and credit requests. 
Ensure all discrepancies in the application files  were addressed and properly documented in  
writing  
Cure red flags, if any, that makes it eligible for sale in secondary market /  investors 
 
 
 
 
 
 
 








 





 
 
Education & Experience Education & Experience :    
Any  Bachelor’s or Master’s  degree (Any discipline)    
Must have a minimum of 3 + year of underwriting audit experience in US Residential Mortgage  
(FHA underwriting experience is mandatory) 
Prior exposure to Reverse Mortgage will be an added  advantage 
Post - close underwriting  experience would add to selection  possibility 
Ability to effectively communicate to lines of business and senior  management 
Effective oral and written communication skills  
Fast paced with attention to detail 
Hands on experience in Outlook and MS Office Tools 
 
 
Working Hours:    
Should be flexible to  night  shift  
 
 
Work Location:    
Should be flexible to work out of office full time from Mumbai    

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