Senior Underwriter

5 Star Recruitment; Mumbai; Hybrid; INR 500,000 - 900,000; Full time

Benefits offered by this job

Transportation provided

Job summary

5 Star Recruitment is seeking a candidate for US Mortgage Underwriting in Mumbai. The role involves analyzing loans, applying 4 Cs, and meeting daily targets.

Candidates must have US Mortgage underwriting experience, be comfortable with night shifts (6:30 pm–3:30 am), and be willing to work in a hybrid model with initial training at the office. Transportation is provided for all shifts.

Qualifications

• US mortgage underwriting experience required.
• Domestic experience is not considered.
• Night shift 6:30 pm to 3:30 am.
• Hybrid model—office attendance as required.
• 2 months training at office.
• Two rounds of interviews, 1 hour each.
• Transportation provided both ways.

Responsibilities

• To work on loan underwriting and complete the daily target or assignments.

Skills

US Mortgage Underwriting

Loan Underwriting

Credit Analysis

Income Calculations

Credit Review

Assets Review

LTV/CLTV

PITI/DTI

Govt Loans

FHA VA USDA

Education

Any degree

Job description

Rs 500,000.00 - 900,000.00 (Indian Rupee)

• To work on loan underwriting and complete the daily target or assignments.
• Have experience in US Mortgage Underwriting.
• Working on 4 Cs (Credit, Capacity, Capital, and Collateral).
• Knowledge on Income Calculations (Wage, Self Employed and other incomes).
• Knowledge on Credit review (liability reconciliations and guideline requirements)
• Knowledge on Assets/Capital review with guideline requirements.
• Knowledge in LTV, CLTV calculations, PITI and DTI calculations.
• Knowledge in Govt. loans (FHA, VA and USDA)
• Knowledge on FHA/VA/USDA guideline requirements.

EDUCATION / EXPERIENCE

Any degree with US Mortgage Underwriting experience

Must-Haves

Only US Mortgage underwriting experience
(Domestic experience is not considered - Australian, UK mortgage experience is not considered )
06.30 pm to 03.30 am - night shifts
Hybrid model - When ever it is required they are suppose to come to office
Initial training for 2 months will be done at office
Interviews 2 round 1 Hr and 1 operations
transportation is provided 2 ways

Strict No-Nos

Fidelity
SLK - Coforge
First American
XL Dynamics
Altisource
Domestic experience is not considered
Bangalore candidates
Loan Modification underwriters a