IQA – Lead Associate (Grade I2)

Indecomm Global Services (India); Salem; On-site; INR 800,000 - 1,200,000; Full time

Job summary

Indecomm Global Services (India) is seeking a US Mortgage Underwriter (End-to-End) responsible for reviewing and underwriting residential mortgage loan applications. This role involves assessing borrower creditworthiness and ensuring compliance with investor guidelines and internal policies.

Applicants should have a minimum of 3 years of experience in US mortgage underwriting, with strong analytical abilities and communication skills. The position may require work during US business hours or rotational shifts.

Qualifications

• Minimum 3 years of experience as a US Mortgage Underwriter.
• Strong written and verbal communication skills.
• Flexibility to work in US business hours or rotational shifts.

Responsibilities

• Perform end-to-end underwriting of US residential mortgage loans.
• Review and verify loan applications and supporting documentation.
• Evaluate property appraisals to confirm value, condition, and marketability.

Skills

Analytical ability

Risk-assessment skills

Attention to detail

Decision-making capability

Communication skills

Education

Bachelor’s degree in finance, Business, Commerce, or related field

Job description

We are seeking an US Mortgage Underwriter (End‑to‑End) who is responsible for reviewing, analyzing, and underwriting residential mortgage loan applications from initial submission through final approval and clear‑to‑close. The role requires assessing borrower creditworthiness, evaluating financial and collateral risk, and ensuring full compliance with investor guidelines, regulatory standards, and internal underwriting policies. The underwriter will deliver well‑documented credit decisions based on a comprehensive risk assessment, including the borrower’s ability and willingness to repay, financial stability, and the marketability/value of the collateral property.

• Perform end‑to‑end underwriting of US residential mortgage loans from initial credit analysis to final approval or clear‑to‑close.
• Review and verify loan applications and all supporting documentation for accuracy, completeness, and adherence to guidelines.
• Review and calculate income for salaried and self‑employed borrowers using pay stubs, W‑2s, tax returns, and relevant documents.
• Validate assets, bank statements, gift funds, and sources of funds, including scrutiny of large or unusual deposits.
• Evaluate property appraisals to confirm value, condition, and marketability meet investor and company standards.
• Identify and assess credit, compliance, and fraud risks, applying mitigation strategies where appropriate.
• Deliver underwriting decisions, approvals, conditional approvals, suspensions, or denials with clear and concise justification.
• Ensure strict compliance with regulatory requirements, investor guidelines, and internal policies.
• Communicate underwriting conditions, documentation requirements, and decision rationale to processors, closers, and cross‑functional teams.
• Maintain accurate and detailed documentation to support audits, QC reviews, and post‑closing assessments.
• Consistently meet defined SLAs for productivity, quality, and turnaround time.

Requirements

• Experience: Minimum 3 years of experience as a US Mortgage Underwriter with complete end‑to‑end underwriting exposure.
• Skills: Strong analytical ability, sound decision‑making capability, and solid risk‑assessment skills with high attention to detail.
• Education: Bachelor’s degree in finance, Business, Commerce, or related field (preferred).
• Certifications: Professional underwriting certifications/training (preferred but not mandatory).
• Communication: Strong verbal and written communication skills with the ability to collaborate across functions.
• Shifts: Flexibility to work in US business hours and/or rotational shifts.
• Technical Expertise: Strong knowledge of US mortgage underwriting guidelines, credit analysis, income assessment, and appraisal review.