Mortgage Credit Underwriter - Non-Agency Home Lending

JPMorgan Chase; Philippines; On-site; PHP 500,000 - 900,000; Full time

Job summary

JPMorgan Chase in the Philippines seeks an experienced Non-Agency Credit Underwriter for Home Lending Operations Consumer Underwriting. You will review mortgage loan applications, assess creditworthiness and collateral risk, and render well-documented underwriting decisions in line with policy and regulatory guidelines.

The role involves analyzing income, assets, liabilities, and debt ratios, communicating decisions clearly to loan officers, and maintaining up-to-date knowledge of investor

Qualifications

• Experience underwriting non-agency, agency, and/or home equity mortgage loans
• Ability to assess creditworthiness, repayment capacity, and collateral risk and document a clear underwriting rationale
• Skill in reviewing income documentation and assessing complex income scenarios
• Skill in reviewing asset documentation and validating funds and reserves
• Skill in reviewing credit reports and debt obligations and evaluating repayment capacity
• Ability to identify documentation deficiencies and set appropriate underwriting conditions
• Familiarity with mortgage underwriting requirements and investor/agency guidelines
• Knowledge of fair lending principles and consistent customer treatment
• Strong written and verbal communication to explain decisions and conditions
• Ability to manage underwriting pipeline with attention to quality and productivity

Responsibilities

• Underwrite non-agency, agency, and home equity mortgage loan files within assigned authority
• Analyze borrower income, employment, assets, liabilities, and risk factors
• Review loan applications, disclosures, and supporting documentation for completeness and accuracy
• Evaluate property and collateral documentation to assess collateral risk
• Calculate qualifying income and debt ratios and verify funds
• Identify gaps and policy exceptions and set underwriting conditions
• Render timely approval, suspension, or denial decisions with escalation as needed
• Communicate underwriting decisions and rationale to loan officers and processors
• Identify fraud indicators and escalate concerns
• Maintain current knowledge of policy and regulatory updates while meeting productivity expectations

Skills

Underwriting mortgage loans

Credit risk assessment

Income analysis

Asset valuation

Documentation review

Regulatory knowledge

Communication skills

Attention to detail

Policy interpretation

Fraud indicators

Job description

JPMorgan Chase in the Philippines seeks an experienced Non-Agency Credit Underwriter for Home Lending Operations Consumer Underwriting. You will review mortgage loan applications, assess creditworthiness and collateral risk, and render well-documented underwriting decisions in line with policy and regulatory guidelines.

The role involves analyzing income, assets, liabilities, and debt ratios, communicating decisions clearly to loan officers, and maintaining up-to-date knowledge of investor