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Intern, Correspondent Operations
4 weeks ago
POSITION SUMMARY:
Were seeking a motivated and detail-driven individual to join our team as a Loan Setup Reviewer and/or Underwriting Component Reviewer. This is an ideal opportunity for recent graduates looking to break into the mortgage and lending industry. Youll receive hands-on training to review closed loan documents, ensure accuracy and compliance, and build your career in a fast-paced, professional environment.
JOB FUNCTION AND RESPONSIBILITIES:
Review closed loan documents for completeness and accuracy using our Loan Setup / Underwriting Component checklist.
- Learn to identify deficiencies and enter suspense conditions into the Loan Origination System (LOS)
- Work with different loan types such as Conventional, FHA, VA, and USDA
- Support data entry and updates into LOS for loan delivery
- Gain a working knowledge of investor guidelines like Fannie Mae, Freddie Mac, FHA, and VA
- Adhere to internal deadlines and work as part of a production team.
- Be open to flexible work schedules, including night shifts if required.
QUALIFICATION:
- Recent graduate with a bachelor's degree (any field, preference for Finance or related areas)
- Strong attention to detail and good comprehension skills
- Effective communication skills—both written and verbal
- Eager to learn and adapt quickly to changing requirements.
WORK SCHEDULE OR TRAVEL REQUIREMENTS:
This role follows a Day/Mid shift schedule.
The position is structured as hybrid: while most responsibilities can be fulfilled remotely, training will be conducted on-site at our Mumbai office (Onity Group Inc).
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