Mortgage Purchase Agreement Review Specialist

4 weeks ago

Pune, Maharashtra, India Mphasis Full time

Position Overview:

The Purchase Agreement Review Specialist is responsible for reviewing and validating purchase agreements and related documentation to ensure compliance with company policies and investor guidelines. This role requires attention to detail, strong analytical skills, and the ability to communicate effectively with internal and external stakeholders. The ideal candidate will be highly organized and capable of working in a fast-paced, deadline-driven environment.

Essential Job Functions:

  • Review purchase agreements and related documents for accuracy and completeness
  • Verify property details, buyer/seller information, and contract terms including but not limited to Property Type, Building Status, Occupancy, PUD Information, Purchase Price, Down payment/Earnest money, Personal Property, PA Closing Date, Contingency Date ,Financing, Appraisal, Interested Party Credit Amount , Applicable Fees & Services, Buyer Paid, Seller Paid, Others, Excl from Excess Cred Calc, Transfer Taxes - Current responsible party, Associated Parties to the Transaction, Seller, Builder, Listing Agent, Buyer's Agent, Settlement Agent
  • Identify duplicate Purchase agreements / Updated agreements with new information
  • Ensure compliance with investor and company guidelines
  • Identify and resolve discrepancies or missing information in documentation
  • Coordinate with internal teams to obtain necessary documentation or clarification
  • Update loan origination systems with accurate and timely information
  • Communicate effectively with stakeholders to ensure smooth processing
  • Maintain knowledge of current regulatory and investor requirements
  • Support underwriting and processing teams with document validation
  • Multitask, follow up and prioritize daily workflow to meet productivity and quality standards.

Requirements:

  • 2–4 years of experience in mortgage or financial services with a focus on document review
  • Strong understanding of purchase agreements and real estate documentation
  • Excellent attention to detail and organizational skills
  • Strong written and verbal communication skills
  • Ability to follow complex task process and complete notation and documentation
  • Ability to work independently and manage multiple tasks
  • Proficiency in Microsoft Office and loan origination systems
  • Ability to work in a paperless, fast-paced environment
  • Availability to work U.S. hours

Notice Period: 0 to 30 days.

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