Junior Underwriter
4 weeks ago
Review loan submissions for completeness and compliance with New Penn's program parameters, including but not limited to the loan products credit report, income and asset documentation, purchase agreement, title report
Keeps abreast of all new credit regulations and laws and ensures compliance with such
Assist in Formulation of plans, programs, policies and procedures
Document lending decisions and completes required screens in the LOS that include the accurate completion of the credit assessment memo adding and/or creating applicable conditions of the loan approval
Discuss relevant underwriting issues with borrower, mortgage consultant and real estate professional
Prepare underwriting checklist
Development Modeling
Assess all pertinent risk factors and arrive at sound underwriting decisions, within underwriting authority
Explain underwriting decisions in a clear and customer-focused manner
Pay: ₹200,000.00 - ₹350,000.00 per year
**Benefits**:
- Health insurance
- Provident Fund
Schedule:
- Day shift
- Morning shift
Supplemental pay types:
- Overtime pay
- Performance bonus
- Quarterly bonus
- Yearly bonus
Ability to commute/relocate:
- Bengaluru, Karnataka: Reliably commute or planning to relocate before starting work (required)
**Education**:
- Bachelor's (required)
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