Us mortgage income calculation

This role is for one of the Weekday's clients

Salary range: Rs 300000 - Rs 700000 (ie INR 3-7 LPA)

Requirements

Key Responsibilities

• Review residential mortgage loan files to ensure all income-related documentation is complete, accurate, and compliant with underwriting guidelines
• Analyze borrower income using pay stubs, tax returns, bank statements, W-2s, and other supporting documents
• Assess employment stability, income consistency, and overall borrower financial capacity
• Evaluate credit reports to determine creditworthiness and identify potential risk factors
• Calculate debt-to-income (DTI) and loan-to-value (LTV) ratios accurately
• Verify property values using appraisal and valuation reports
• Ensure loan files meet applicable regulatory requirements and internal lending standards
• Identify discrepancies or missing information and coordinate resolutions within defined timelines
• Maintain detailed records and updates in mortgage processing systems
• Support quality control and audit requirements by ensuring proper documentation and analysis
• Collaborate with internal teams to ensure smooth loan review and approval processes
  

What Makes You a Great Fit

• Bachelor's degree in any discipline with relevant experience in mortgage processing or underwriting
• 2-5 years of hands-on experience in residential mortgage operations, underwriting, or due diligence
• Strong understanding of income calculation methods, credit analysis, and mortgage regulations
• Ability to interpret financial statements, tax documents, and credit reports with precision
• Excellent analytical, problem-solving, and decision-making skills
• High attention to detail with strong organizational and documentation abilities
• Proficiency in mortgage processing software and financial analysis tools
• Effective communication skills to coordinate across teams and clarify findings
• Ability to work efficiently in a fast-paced environment and meet strict deadlines
• Willingness to work night shifts and handle time-sensitive deliverables
• Certification in mortgage underwriting or related areas is an added advantage