Senior Mortgage Underwriter

CareerGenix Consultancy LLP; Pune District; On-site; INR 446,400 - 669,600; Full time

Job summary

A consultancy firm is seeking a Mid-Senior level Mortgage Underwriter in Pune to review mortgage applications and ensure compliance with underwriting guidelines. Candidates should have 2+ years of experience and a Bachelor's degree. Knowledge of FHA, VA, and conventional guidelines is essential. Offering a salary package of 40,000 to 60,000 INR per month.

Qualifications

• 2+ years of increasingly responsible experience in related areas.
• Complete understanding of conventional, FHA, and VA underwriting guidelines.
• Working knowledge of real estate lending criteria and compliance.

Responsibilities

• Review all mortgage applications and documentation for accuracy and completeness.
• Analyze credit, income, and assets on a loan-by-loan basis.
• Provide exceptional customer care to internal and external customers.

Skills

Mortgage underwriting knowledge

Analytical skills

Problem-solving skills

Organizational skills

Communication skills

Education

Bachelor's degree in any stream

Tools

Microsoft Office

Job description

Responsibilities

Knowledge of mortgage underwriting and Agency automated underwriting systems Demonstrate a full understanding of agency guidelines as well as posted Lender internal guidelines Review all mortgage applications and documentation for accuracy and completeness Review and be able to complete a full analysis of all types of income (Self/Rental/Wage/etc), Assets, Liabilities, Credit and Collateral. Analyze credit, income, and assets on a loan-by-loan basis to properly assess individual risk, and promptly provide underwriting decisions to Mortgage Originators Review property documentation including title commitments, sales contracts, insurance, and flood determinations Maintain a well-developed knowledge of loan product guidelines and industry regulations, including assisting in the prevention, detection, and resolution of mortgage fraud Review and analyze appraisals for value and compliance with industry requirements Demonstrate the ability to independently make sound decisions based on the creditworthiness of the applicants based on established underwriting guidelines, policies, procedures, knowledge, and experience Provide exceptional customer care (both internal and external) in a manner that satisfies the individual needs of each customer and builds loyalty to the client Maintain confidentiality of all customer and employee information Respond positively to feedback. Meeting daily production. Meeting the daily SLA requirement.

Qualifications

Education: Bachelors in any stream.

Experience

2+ years’ increasingly responsible experience in related areas.

Knowledge / Skills / Abilities

Experienced mortgage professional with 2-3 years with mortgage underwriting. Has a complete understanding of Conventional, FHA and VA underwriting guidelines. Has working knowledge of real estate lending criteria and federal, state, and agency compliance Can multi-task and manage time efficiently Has strong organizational skills, attention to detail, and basic Microsoft Office skills Good analytical and problem-solving skills. Strong organization and verbal and written communications skills. Salary Package- 40 to 60 k per month. Location - Pune, Delhi, Haryana, Bangalore, Nagpur, Mumbai Indore.

Details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Finance and Sales
• Industries: IT Services and IT Consulting