Applicant - Mortgage

Sutherland Global; Ernakulam; Hybrid; INR 750,000 - 1,050,000; Full time

Job summary

Sutherland is hiring a Mortgage Underwriter to analyze, evaluate, and underwrite residential mortgage loan applications across Conventional and Non-QM programs, including DSCR loans and alternative documentation products. The role ensures compliance with investor and regulatory guidelines while assessing borrower eligibility and risk in a fast-paced mortgage lending environment.

The ideal candidate has strong analytical skills, attention to detail, and the ability to make sound underwriting

Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, or related field; equivalent industry experience considered.
• Minimum 2–5 years mortgage underwriting experience (Conventional and/or Non-QM).
• Strong knowledge of Conventional underwriting guidelines (Fannie Mae & Freddie Mac).
• Experience underwriting Non-QM products (DSCR and alt documentation).
• Proficiency with LOS/AUS including DU/LP and electronic document management systems.

Responsibilities

• Review and underwrite residential mortgage loans (Conventional, Non-QM, DSCR).
• Analyze borrower credit, income, assets, employment, stability, and collateral for eligibility and risk.
• Evaluate alternative documentation loan programs (bank statements, asset depletion, ITIN, 1099, P&L).
• Calculate DSCR and perform income and risk analyses.
• Ensure compliance with agency, investor, company, and regulatory guidelines.

Skills

Analytical skills

Attention to detail

Decision making

Communication skills

Time management

Education

Bachelor's degree or equivalent experience

Tools

LOS

AUS (DU/LP)

Electronic document management

Job description

Company Description:

Artificial Intelligence. Automation. Cloud Engineering. Advanced Analytics.
For Enterprises, these are key factors of success. For us, they're our core expertise.

We work with global iconic brands. We bring them a unique value proposition through market-leading technologies and business process excellence. At the heart of it all is Digital Engineering - the foundation that powers rapid innovation and scalable business transformation.

We've created 363 unique and independent inventions, 250 of which are AI-based and rolled up under several patent grants in critical technologies. Leveraging our advanced products and platforms, we drive digital transformation at scale, optimize critical business operations, reinvent experiences, and pioneer new solutions, all provided through a seamless "as-a-service" model.

For each company, we provide new keys for their businesses, the people they work with, and the customers they serve. With proven strategies and agile execution, we don't just enable change - we engineer digital outcomes.
Sutherland
Digital Outcomes.

Job Description:

The Mortgage Underwriter is responsible for analyzing, evaluating, and underwriting residential mortgage loan applications across Conventional and Non-Qualified Mortgage (Non-QM) programs, including Debt Service Coverage Ratio (DSCR) loans and alternative documentation products. This role ensures compliance with investor, agency, company, and regulatory guidelines while assessing borrower eligibility, mitigating lending risk, and supporting timely loan decisions. The ideal candidate possesses strong analytical skills, attention to detail, and the ability to make sound underwriting decisions in a fast-paced mortgage lending environment.

Key Responsibilities

• Review and underwrite residential mortgage loan applications, including Conventional, Non-QM, and DSCR loan products.
• Analyze borrower credit profiles, income, assets, employment history, financial stability, and collateral to determine loan eligibility and risk exposure.
• Evaluate alternative documentation loan programs, including bank statement, asset depletion, ITIN, 1099, and P&L-only loans.
• Calculate and assess Debt Service Coverage Ratios (DSCR) and perform complex income and risk analyses.
• Ensure compliance with agency, investor, company, federal, and state lending guidelines, including Fannie Mae, Freddie Mac, ATR/QM, TRID, RESPA, TILA, HMDA, HOEPA, and other applicable regulations.
• Perform manual underwriting when required and evaluate exception requests within established risk parameters.
• Issue loan approvals, conditional approvals, suspensions, or denials based on underwriting guidelines and risk assessment.
• Review loan documentation for accuracy, completeness, consistency, and regulatory compliance, identifying discrepancies and potential risk factors.
• Communicate underwriting requirements and decisions to loan officers, account executives, brokers, processors, and other stakeholders.
• Review resubmitted conditions and documentation to ensure timely loan processing and closing.
• Maintain accurate records of underwriting decisions and loan documentation.
• Support internal audits, quality control reviews, and post-closing documentation requests.
• Stay current on mortgage industry trends, investor requirements, agency guidelines, regulatory changes, and Non-QM product offerings.
• Contribute to process improvement initiatives aimed at enhancing operational efficiency, loan quality, and customer service levels.
• Manage multiple loan files while meeting service level agreements and production deadlines.

Qualifications:

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, or a related field preferred; equivalent industry experience may be considered.
• Minimum 2–5 years of mortgage underwriting experience, including Conventional and/or Non-QM loan products.
• Strong knowledge of Conventional underwriting guidelines, including Fannie Mae and Freddie Mac requirements.
• Experience underwriting Non-QM products, including DSCR and alternative documentation loans, preferred.
• Thorough understanding of mortgage lending regulations and compliance requirements.
• Proficiency with Loan Origination Systems (LOS), Automated Underwriting Systems (AUS), including DU and LP, and electronic document management systems.
• Strong analytical, critical thinking, and decision-making skills.
• Ability to perform detailed income calculations, credit analysis, collateral review, and risk assessment.
• Good written and verbal communication skills.
• High attention to detail with strong organizational and time-management abilities.
• Ability to work independently and effectively manage a high-volume pipeline in a fast-paced environment.

Preferred Qualifications

• Experience working with wholesale, correspondent, or retail mortgage lending channels.
• Familiarity with secondary market requirements and investor-specific guidelines.
• Knowledge of quality control, audit processes, and post-closing reviews

Additional Information:

• Working Conditions

• Full-time position with 6 months of Work-from-Office (WFO), followed by a transition to Work-from-Home (WFH)
• Requires management of multiple loan files and deadlines simultaneously.
• Frequent collaboration with loan officers, processors, account executives, operations teams, auditors, and management.
• Immediate joiner
• US Rotational Night Shifts