Mortgage Underwriter

5 days ago


Pune, India Mphasis Full time

Responsibilities -


  • The Underwriter’s primary responsibilities include reviewing mortgage files submitted to Underwriting.
  • This position requires calculating income, analyzing debt and assets, as well as completing an in-depth review of the completed appraisal and title.
  • Additional responsibilities include entering data into the client’s loan operating system, performing a manual underwrite, clearing conditions for Final Approval and communicating outstanding requirements to customers.
  • Candidates must possess a strong sense of urgency with an ability to work in a team environment, maintaining excellent organization and communication skills, maintaining high level of quality standards and commitment to a superior level of customer service.


Required Skills


  • Maintain conforming signing authority and quality standards
  • Maintain current knowledge of client and investor requirements
  • Perform complete and in-depth review of mortgage loan files including income (inclusive of rental income, IRA, annuity and 401K), assets, credit and collateral
  • Utilize client’s loan operating system to ensure accurate data entry
  • Evaluate and ensure overall loan documents are accurate, complete, and compliant
  • Manually underwrite loans in accordance with client guidelines
  • Restructure non-conforming loans in order to meet conforming loan limits
  • Complete POA review
  • Identify and/or clear red flags or alerts
  • Issue loan decision and condition file accordingly
  • Review and approve conditions for compliance and completion of loan file
  • Provide excellent customer service to internal and external clients
  • Assist Processors/Loan Officers in understanding underwriting decisions and conditions
  • Resolve pre- and post-closing issues as they relate to underwriting


Preferred Skills


  • Minimum 2+ years current mortgage loan underwriting experience in US Mortgage.
  • Strong knowledge of income calculations, tax returns, reading credit reports, identifying red flags
  • Knowledge of appraisal and title, and ability to recognize red flags and ineligible properties
  • Strong analytic, interpersonal, and verbal and written communication skills
  • Detail-oriented with strong ability to time manage
  • Ability to work in a flexible and production-oriented environment
  • Must be able to work in a high stress environment while delivering a high-level of customer service
  • Must be willing and able to work as part of a team
  • Strong capability to work in multiple systems - paperless environment
  • Must be willing to work in strict security environment
  • Ability to obtain NMLS-MLO Licenses preferred
  • Candidates must be available to work outside of normal business hours when necessary



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