Analyst - US Mortgage Underwriting- LMQ FinacPlus

2.0 - 6.0 years

0 Lacs

hyderabad, telangana

On-site

As an Analyst in US Mortgage Underwriting at our organization, you will be an integral part of the team that offers Mortgage Underwriting Services to clients in the Private Mortgage Lending industry in the USA. Your primary responsibility will be to handle the US Mortgage Underwriting Process for 12M/30 Year Loan Products. This involves working on residential real estate assets and evaluating various documents such as Credit & Background reports, Loan application forms, financial statements, entity documents, and other processing documentation. You will be expected to have a comprehensive understanding of all aspects of real estate, including underwriting valuation, purchases/sales, due diligence, and legal, title, and escrow documentation. Additionally, you should be well-versed in property appraisal reports, insurance, title review, and various facets of construction loans, ranging from small renovations to ground-up construction. Collaboration with different departments to gather information, provide rate quotes, propose solutions, and elucidate company underwriting policies will be a crucial aspect of your role. Furthermore, you will be responsible for verifying market comparables for rental and property sale values, as well as staying updated on multiple loan product guidelines and risk assessment tools used for loan decisions. Your ability to assess risks and effectively communicate recommendations to senior management for approval will be instrumental in this position. To qualify for this role, you should ideally possess 2-4 years of experience in US Mortgage 12M/30 Year Loan Underwriting, along with proficiency in reviewing and analyzing Property Appraisals. A strong understanding of guidelines associated with Fannie Mae and Freddie Mac is essential. Excellent oral and written communication skills are imperative, including the capability to deliver presentations to senior management. A Bachelor's degree in finance, MBA, M. Com, or any other post-Graduate Degree in Finance would be advantageous. Proficiency in Advanced Excel Skills is also required. This position is based in Hi-Tech City, Hyderabad, with working hours from IST 5:30 pm to 2:30 am. We offer a competitive salary range that is among the best in the industry. If you meet the qualifications and are excited about this opportunity, please send your application to hr@finacplus.com.,

Posted 2 weeks ago

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