Us Mortgage Core Underwriter

3 weeks ago


Chennai Tamil Nadu, India HIRD Services Pvt ltd Full time

Ability to manually underwrite complex transactions to ensure the loan meets established guidelines.
- should have experience in mortgage insurance guidelines
- Underwriter should have the ability to read the guidelines to determine whether each loan meets

the requisite guideline as specified by the Client.
- Should know how to run the AUS and verify the data integrity off the Desktop UW / Loan Prospector
- Review the Employment Guideline Requirements
- Perform Income calculations (salaried / Self-employed / Rental / Other Incomes)
- Validate all type of Assets including 401K, Bank Statements, Mutual funds etc.,
- Usage of Assets against Income requirement / qualification
- Calculate Debt-to-Income Ratio, Loan-to-value Ratio, Housing Payments
- Review appraisal and perform Property Valuation and use property valuation tools
- Review Credit Report including Credit Scores, Existing liens, payments etc.,
- Should also review on the alternate / support documents for credit review.
- Title review and lien validations
- Income verification on Bank statement loans.
- Client specific guideline review with alternate documentations
- Understanding on Counteroffer and Solution the loan
- Review on compliance documents

**Salary**: ₹30,000.00 - ₹100,000.00 per month

**Benefits**:

- Provident Fund

Schedule:

- Night shift
- US shift

**Experience**:

- total work: 2 years (preferred)

Work Location: In person



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