Underwriter

Role - Underwriter and Sr Underwriter Experience required for the Job: 3+ years Work Mode - Remote Location - Pan India (Anywhere from India) Key skills: Underwriting, US mortgage Position Overview Candidate should have total 3+ years of US mortgage underwriting experience · Well versed with FNMA. FHLMC, knowledge of GNMA and investor guidelines is an additional benefit · Should have good analytical and problem-solving skills · Should have decision-making skill when applying in business judgment · Evaluate complete loan documents and should provide approval or denial decision · Complete review of credit report to verify trade lines, derogatory accounts, public records and credit reconciliation · Thorough income calculation – Salaried income, business income, retired other income and rental income · Complete review of Collateral and property valuation · Assets verification include borrower’s bank account statement, retirement accounts, mutual funds and other investments. · Credit analysis based on borrower’s Income, Asset, Liability and Collateral (4C of Underwriting) to determine the credit worthiness of a customer · Validating and processing the Loan documents on behalf a Mortgage lender organization. · Evaluating evidence of borrower’s willingness and ability to repay the obligation · Good communication, Presentation skills, Self-motivated and hard working   About you: •             Minimum 3 years of Underwriting experience in US Mortgage. •             Sound knowledge of US Residential mortgage •             Exposure of Underwriting processes & guidelines. •             Excellent critical thinking, problem solving and sound judgment. Analysis and Calculation of qualifying    income from Salaried various tax documents such as 1040s, Schedule E, 1065, 1120, 1120S, K1, transcripts, etc.