Pre-Purchase Reviewer - Pune Drive

Job Description

Role- Pre-Purchase Reviewer Work Location : Chennai ( Work from Office ) US Mortgage Process Mandatory (Only Night Shifts) Interview- Assessment/ Ops Round / HR Round Exp- Must have experience in Mortgage origination for 1 to 4 years like Loan Processing, Pre UW, Closing & Funding etc. Drive Date- 30th May 2025/31st May 2025/1st June 2025 Drive Location- Pune Interested Immediate Connect- Ranjan- 7892648654 (Call/wtsapp) Apply Link- https://foeurope.my.salesforce-sites.com/jobboard/JobRegister?JobId=a1hSa000001eRSLIA2 CONSULTANCY- ADECCO Job Overview PPR: - The role of the Pre-Purchase Reviewer is to review the closed loan file documents and ensure that the loan closed according to the approval, meets all federal, state, local and investor requirements and that the data in the LOS matches the data in the mortgage loan documents. The position requires a thorough understanding and familiarity of both credit, income, assets and closing documents to complete the applicable review questions in the questionnaire and provide results to Client Key Responsibilities: Review and analyze the mortgage loan application to ensure eligibility, accuracy, completeness, and compliance with internal and regulatory guidelines to minimize risk factors. Knowledge of Loan Origination Cycle- Loan Application, Origination, Due Diligence, Pre-Purchase Review or Underwriting process Knowledge of different types of mortgages and its functioning and ability to review various documents involved in Closing, Funding and Underwriting Review the loan documents using the Pre-Purchase Review checklist for completeness and accuracy Strong knowledge of ATR/QM, RESPA, TRID and mortgage compliance regulations Review of Conventional, FHA, VA & USDA loan types General knowledge of Fannie Mae, Freddie Mac, FHA and VA guidelines Add suspense conditions in a clear concise manner in LOS for any deficiencies noted as part of the above review Strong Customer Service Skills, Detail Oriented with good analytical skills and the ability to make decisions based on the situation. Qualifications & Requirements: Degree or Equivalent 2 - 10 years of experience in PPR / Underwriting Should be flexible working in night shifts Good written and oral communications skills in English Open to working extended periods/weekends when necessary Computer Skills - comfortable with MS office Good written and oral communications skills in English