US-Residential Mortgage Live Underwriter/Pre-Purchase Reviewer
3 days ago
Job Description:Role:Live Underwriter/Pre-Purchase ReviewerExp:2+yrsLocation:Chenna(Work From Office)Two way cab will be providedNotice Period:Immediate to 2 MonthsJob Overview:(Pre-Purchase)JDThe role of the Pre-Purchase Reviewer is to review the closed loan file documents and ensure that the loan closedaccording to the approval, meets all federal, state, local and investor requirements and that the data in the LOS matchesthe data in the mortgage loan documents. The position requires a thorough understanding and familiarity of both credit,income, assets and closing documents to complete the applicable review questions in the questionnaire and provideresults to ClientJob Roles and Responsibilities: Review and analyze the mortgage loan application to ensure eligibility, accuracy, completeness, andcompliance with internal and regulatory guidelines to minimize risk factors. Knowledge of Loan Origination Cycle- Loan Application, Origination, Due Diligence, Pre-PurchaseReview or Underwriting process Knowledge of different types of mortgages and its functioning and ability to review variousdocuments involved in Closing, Funding and Underwriting Review the loan documents using the Pre-Purchase Review checklist for completeness andaccuracy Strong knowledge of ATR/QM, RESPA, TRID and mortgage compliance regulations Review of Conventional, FHA, VA & USDA loan types General knowledge of Fannie Mae, Freddie Mac, FHA and VA guidelines Add suspense conditions in a clear concise manner in LOS for any deficiencies noted as part of theabove review Strong Customer Service Skills, Detail Oriented with good analytical skills and the ability to makedecisions based on the situation.Job Overview:(LIve Underwriter)JDThe Conventional Underwriter reviews, conditions and underwrites mortgage loans in accordance with establishedpolicies and procedures and appropriate guidelines; examines all documentation for accuracy and completeness.Job Roles and Responsibilities: Review and analyse the mortgage loan application to ensure eligibility, accuracy, completeness, andcompliance with internal and regulatory guidelines to minimize risk factors. Review all required loan data, reports, and inspections to insure the collateral is acceptable to investorand the company. Knowledge of Lending & Underwriting Guidelines | Credit & Income Analysis | Cash Flow Analysis | RiskAssessment | Loan-to-Value Ratios | Debt-to-Income Ratios Review Initial application - Verify loan, property, borrowers’ information with other available documents -Verify borrower's monthly income and expenses - Verify other relevant sections. Review all the documents related to borrower’s Credit, Capacity, Collateral and Capital. Calculate asset required for closing and reserve purpose for the transaction (as per guideline) Responsible for making independent decisions regarding acceptance and risk of loans according toHUD, company, and investor guidelines.
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Chennai, India Brace Infotech Private Ltd Full timeJob Description:Role: Live Underwriter/Pre-Purchase ReviewerExp:2+yrsLocation: Chenna(Work From Office)Two way cab will be providedNotice Period: Immediate to 2 MonthsJob Overview:(Pre-Purchase)JDThe role of the Pre-Purchase Reviewer is to review the closed loan file documents and ensure that the loan closedaccording to the approval, meets all federal,...
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Chennai, India Brace Infotech Private Ltd Full timeJob Description: Role:Live Underwriter/Pre-Purchase Reviewer Exp:2+yrs Location:Chenna(Work From Office) Two way cab will be provided Notice Period:Immediate to 2 Months Job Overview:(Pre-Purchase)JD The role of the Pre-Purchase Reviewer is to review the closed loan file documents and ensure that the loan closed according to the approval, meets all federal,...
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Chennai, India Brace Infotech Private Ltd Full timeJob Description: Role:Live Underwriter/Pre-Purchase Reviewer Exp:2+yrs Location:Chenna(Work From Office) Two way cab will be provided Notice Period:Immediate to 2 Months Job Overview:(Pre-Purchase)JD The role of the Pre-Purchase Reviewer is to review the closed loan file documents and ensure that the loan closed according to the approval, meets all federal,...
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Chennai, India Brace Infotech Private Ltd Full timeJob Description: Role:Live Underwriter/Pre-Purchase Reviewer Exp:2+yrs Location:Chenna(Work From Office) Two way cab will be provided Notice Period:Immediate to 2 Months Job Overview:(Pre-Purchase)JD The role of the Pre-Purchase Reviewer is to review the closed loan file documents and ensure that the loan closed according to the approval, meets all federal,...
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Chennai, India Brace Infotech Private Ltd Full timeJob Description:Role:Live Underwriter/Pre-Purchase ReviewerExp:2+yrsLocation:Chenna(Work From Office)Two way cab will be providedNotice Period:Immediate to 2 MonthsJob Overview:(Pre-Purchase)JDThe role of the Pre-Purchase Reviewer is to review the closed loan file documents and ensure that the loan closedaccording to the approval, meets all federal, state,...
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Chennai, India Brace Infotech Private Ltd Full timeJob Description:Role:Live Underwriter/Pre-Purchase ReviewerExp:2+yrsLocation:Chenna(Work From Office)Two way cab will be providedNotice Period:Immediate to 2 MonthsJob Overview:(Pre-Purchase)JDThe role of the Pre-Purchase Reviewer is to review the closed loan file documents and ensure that the loan closedaccording to the approval, meets all federal, state,...
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Chennai, Tamil Nadu, India, Tamil Nadu Brace Infotech Private Ltd Full timeJob Description:Role:Live Underwriter/Pre-Purchase ReviewerExp:2+yrsLocation:Chenna(Work From Office)Two way cab will be providedNotice Period:Immediate to 2 MonthsJob Overview:(Pre-Purchase)JDThe role of the Pre-Purchase Reviewer is to review the closed loan file documents and ensure that the loan closedaccording to the approval, meets all federal, state,...
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Live Underwriter( US Mortgage)
2 days ago
Chennai, Tamil Nadu, India 2coms Full time ₹ 9,00,000 - ₹ 12,00,000 per yearSUMMARY Our Client is an Indian multinational corporation that provides information technology, consultant and business process services. It is one of the leading Big Tech companies. Its capabilities range across cloud computing, computer security, digital transformation, artificial intelligence, robotics, data analytics, and other consulting...
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Live Underwriter( US Mortgage)
3 days ago
Chennai, India 2coms Full timeOur Client is an Indian multinational corporation that provides information technology, consultant and business process services. It is one of the leading Big Tech companies. Its capabilities range across cloud computing, computer security, digital transformation, artificial intelligence, robotics, data analytics, and other consulting services...
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Mortgage Underwritter
4 weeks ago
Chennai, India Newbie Soft Solutions Full timeJob Description:We are seeking an experienced Mortgage Underwriter to join our team, specializing in US Residential Mortgage processes. The ideal candidate should have hands-on expertise across the complete mortgage lifecycle, from pre-underwriting to post-closing. Key Responsibilities: Conduct Pre-Underwriting reviews to ensure loan applications meet...
