US Mortgage Underwriter

Job Description

Role & responsibilities Good Experience in Live underwriting and Income calculation is mandatory. Good Knowledge in US Mortgage Underwriting is mandatory. Initial 3 to 4 months (WFO) and post 3 to 4 months (WFH). Should be Ready to Relocate to Pune or Chennai at least for 3 to 4 months. Good Knowledge in End to End Underwriting. Good Knowledge in reviewing of Credit report and Public report. Evaluate the value of the property being financed to ensure it aligns with the loan amount requested. Identify and assess potential risks associated with the loan, considering factors like loan-to-value ratio, loan type, and applicant's financial situation. Ensure compliance with lender guidelines, industry regulations, and government regulations. Based on the analysis and risk assessment, make a decision to approve, deny, or conditionally approve the loan application. Generate detailed underwriting reports and documentation to support their decisions. Communicate effectively with loan officers, borrowers, and other stakeholders, addressing questions and providing updates. Stay up-to-date with changes in lending regulations, industry trends, and underwriting practices. Monitor the performance of approved loans and provide regular updates to management. Reference is also welcomed. If you are interested, please apply for the job and reference is also welcomed