Job Description
Hi
TOP MNC's Hiring for US Mortgage Under writing Process (Work Form Home) @ Bangalore, Chennai, Pune
Process : Under Writing Mortgage ( Semi Voice )
Skills :
Live Under writing, Collateral, Closing and Complains ,Credit & Income
US Mortgage Underwriter
Skills:
Credit Review (Residential)/ Underwriting, Credit Report, Credit Risk
Analysis, AUS, Title and Appraisal, Compliance, Collateral, Post
Closing, Pre underwriting, DTI, LTV, Hazard Insurance, Closing and
Compliance, TRID, REPA Integrated Disclosures, TIL, APR Tolerance
Candidate
who has worked in Processing, Closing, Post Closing, Collateral, Credit
and Income, Closing and Compliance role can apply for Underwriting
DUTIES AND RESPONSIBILITIES:
Review
loan files for completeness and accuracy including but not limited to
calculation and verification of income & assets, evaluation of
credit reports, purchase contracts, appraisals, title commitments, VOE,
tax returns, divorce decrees, and other loan pertinent compliance
documentation Evaluate debt & loan-to-value ratios, credit score,
property valuation and various other factors Determine and document loan
conditions, communicate requirements, and/or decisions Identify sale
ability issues, potential fraud and portfolio risks based on trends, red
flags and clients business practices Maintain knowledge of all
applicable agency and non-agency underwriting guidelines Exhibit working
knowledge of AUS to determine applicable loan conditions Such other
activities as may be assigned by your manager
SKILL SETS REQUIRED:
Demonstrated
understanding of mortgage guidelines and policies for VA, FHA, FNMA,
FHLMC & USDA Analysis and Calculation of qualifying income from
various tax documents such as 1040s, Schedule E, 1065, 1120, 1120S, K1,
transcripts, etc. Analysis of Credit Reports and Bank Statements
QUALIFICATIONS/ REQUIREMENTS:
3+
years of recent US Mortgage underwriting and/or due diligence
(post-close) experience in the residential mortgage industry Knowledge
and familiarity with current mortgage policies/procedures, compliance
laws and regulations including TRID and understanding of mortgage
regulatory changes
PERKS & BENEFITS:
Night
Shift Allowance over and above salary Weekend working allowance up-to
1500 per week Joining Bonus of 1 lac for immediate joiners Notice Period
Buyout Option is available Work from home opportunity till pandemic
Systems and necessary equipment will be provided for WFH