Mortgage Underwriter

5 months ago


Chennai Tamil Nadu, India OAF Global Private Limited Full time

**Roles & Responsibilities**:
**Essential duties shall include but not necessarily be limited to**:

- **Loan File Inventory**:ensuring residential mortgage loan packages contain all necessary documentation required to formulate a complete assessment.
- **Credit Review**:assess all elements of the credit decisioning process undertaken to approve the loan including underwriting guidelines, income calculation and validation of assets.
- **Fraud Review**:review the credit package and related background search on mortgage loan borrowers to identify potential fraud risks.
- **Property Valuation Review**:review appraisals and alternative value products for conformity to client specified requirements to assess accuracy of the property valuation.
- **Legal Doc Review**:assess all legal documents included in residential mortgage loan files to ensure proper execution, enforceability, and sufficiency for title perfection.
- **Regulatory Compliance Review**:gather regulatory compliance data elements from the loan file for capture in the due diligence review system.
- **Servicing History Review**:review the servicing history of residential mortgage loans by assessing payment histories and servicing commentary in a manner consistent with client requirements.
- **Credit Risk Grading**:leveraging the utility of the due diligence review system, assess loan quality grades based on client specifications and standards set forth within applicable credit rating agency grading criteria.

**Qualifications**:
**Required Education and Experience**:

- **Experience**: underwriting residential mortgage loans with demonstrable proficiency in understanding underwriting guidelines and an understanding of mortgage loan regulatory compliance
- **Computer Skills**:strong background with the use of computer programs used to manufacture or review mortgage loans and standard knowledge of Microsoft Office product suite.

**Desirable Attributes**:

- Servicing review experience.
- Familiarity with credit rating agency review standards.
- Strong written communication skills.
- Bachelor’s degree preferred.
- **Soft skills**: time management, thoughtfulness, reason, and problem solving, and professional communication.

**Job Types**: Full-time, Permanent

Pay: Up to ₹650,000.00 per year

**Benefits**:

- Commuter assistance
- Health insurance
- Provident Fund

Schedule:

- Day shift
- Monday to Friday
- Night shift
- US shift

Supplemental pay types:

- Performance bonus
- Yearly bonus

Application Question(s):

- What is your notice period?

**Experience**:

- Mortgage servicing: 2 years (required)

**Location**:

- Chennai, Tamil Nadu (required)

Shift availability:

- Night Shift (required)

Work Location: In person


  • Mortgage Underwriter

    5 months ago


    Chennai, Tamil Nadu, India Openings Advisory Firm Full time

    **Location**: Chennai **Work Mode**: Work from Office **Experience**: 3+ years **Qualification**:Any Graduate **Work Timings**: US Shift **Notice**: Immediate Joiners Preferred - JOB DESCRIPTION: **Key Responsibilities**: **Essential duties shall include but not necessarily be limited to**: - **Loan File Inventory**:ensuring residential mortgage loan...


  • Chennai, Tamil Nadu, India Saaki Argus & Averil Consulting Full time

    About Client - A leading Mortgage Company **Skills**: - End - End core underwriting Experience. - 4C’s of underwriting. - Should have experience in conventional, FHA and VA loan products. - 2c’s experience can be considered for component underwriting. **Exp**:3 to 6 Years. **Underwriting: (Live Underwriting / Modular Underwriting / Component...


  • Chennai, India Venpa Staffing Services India Private Limited Full time

    Notice : Immediate Joiners OnlyWork Mode : Initial 4 Months Onsite, then Work from HomeInterview Mode : Walk-in (Chennai) Must have Experience in Live UnderWriting. Job Summary: We are seeking a meticulous and experienced US Mortgage Live Underwriter to join our dynamic team. The primary responsibility of this role is to conduct thorough and accurate...


  • Chennai, Tamil Nadu, India Ara resources Full time

    **About The Company**: Mphasis is a leading IT solutions provider, offering Applications, Business Process Outsourcing (BPO) and Infrastructure services globally through a combination of technology knowhow,domain, and process expertise. The accolades Mphasis has been garnering can be attributed to their undeterred focus in delivering quality solutions across...


  • Chennai, Tamil Nadu, India 2COMS Consulting Pvt. Ltd. Full time

    Senior Mortgage UnderwriterJob SummaryWe are seeking a highly skilled Senior Mortgage Underwriter to join our team at 2COMS Consulting Pvt. Ltd. The ideal candidate will have a strong background in residential mortgage underwriting and excellent leadership skills.Key ResponsibilitiesLead a team of underwriters in the review and approval of residential...


  • Chennai, Tamil Nadu, India WNS Global Services Full time

    Mortgage Underwriting Associate Job SummaryThe Mortgage Underwriting Associate evaluates and determines the eligibility of loan applications for residential mortgage (1-4 family) loans. This role involves analyzing and verifying loan applications, reviewing all 4 C's, evaluating risks, and making loan eligibility decisions. The incumbent ensures the...


  • Bengaluru / Bangalore, Chennai, India Venpa Staffing Services India Private Limited Full time

    Job Overview: The Conventional Underwriter reviews, conditions and underwrites mortgage loans in accordance with established policies and procedures and appropriate guidelines; examines all documentation for accuracy and completeness.Experience:4 years and above; recent experience of at least 2 years in Live Underwriting.Preference:US Mortgage Process (Only...


  • Chennai, Tamil Nadu, India 2COMS Consulting Pvt. Ltd. Full time

    Job DescriptionKey Responsibilities- Independently handle all transactions and tasks, including repetitive, critical, and exceptional cases.- Achieve a minimum of 90% on Domain Knowledge Check.- Lead a team of 20+ individuals to meet client Service Level Agreements.- Publish weekly and monthly management review decks.- Develop and publish content related to...


  • Chennai, Tamil Nadu, India 2COMS Consulting Pvt. Ltd. Full time

    Mortgage Underwriter Team LeadWe are seeking a highly skilled Mortgage Underwriter Team Lead to join our team at 2COMS Consulting Pvt. Ltd. This is a challenging role that requires strong leadership and technical skills to manage a team of mortgage underwriters.Main Responsibilities:Lead a team of mortgage underwriters to ensure timely and accurate...


  • Chennai, Tamil Nadu, India 2coms Full time

    About the RoleAt 2coms, we are seeking a highly skilled Senior Mortgage Underwriter to join our team. As a Senior Mortgage Underwriter, you will be responsible for manually underwriting complex transactions to ensure that loans meet established guidelines. You will have the ability to read guidelines to determine whether each loan meets the requisite...

  • Senior Underwriter

    3 weeks ago


    Chennai, Tamil Nadu, India 2COMS Consulting Pvt. Ltd. Full time

    Job DescriptionProfile - We are seeking a senior level underwriter for our residential mortgage team. The ideal candidate will have strong underwriting experience and leadership skills.Key ResponsibilitiesReview and underwrite residential mortgage applicationsLead a team of underwriters to meet client SLAsDevelop and publish weekly and monthly management...

  • Us Mortgage

    6 months ago


    Chennai, India Ara Resources Full time

    **About The Company**: ARA's Client is a leading IT solutions provider, offering Applications, Business Process Outsourcing(BPO) and Infrastructure services globally through a combination of technology knowhow, domain, and process expertise. It has been garnering can be attributed to their undeterred focus in delivering quality solutions across verticals...


  • Chennai, Tamil Nadu, India 2coms Full time

    About the RoleAs a Senior Mortgage Underwriter at 2coms, you will be responsible for manually underwriting complex transactions to ensure loans meet established guidelines. This involves reviewing employment guideline requirements, performing income calculations, validating assets, and calculating debt-to-income ratios. You will also review credit reports,...


  • Chennai, Tamil Nadu, India 2coms Full time

    About Our ClientOur Client is a leading provider of information technology, consulting, and business process services. With capabilities spanning cloud computing, computer security, digital transformation, artificial intelligence, and data analytics, they serve customers across 167 countries. The company employs around 1.5 Lakhs staff members across...


  • Chennai, India FinacPlus Full time

    SME - US Mortgage UnderwritingWe provide virtual business process services to various types of overseas clients and this position is to be part of the team which provides Mortgage Underwriting Services to USA clients from Mortgage Lending industry.RESPONSIBILITIESTo Work on US Mortgage Underwriting Process of various types of Loan ProductsExperience in...


  • Chennai, Tamil Nadu, India QRight Solutions Full time

    **QRight Solutions is looking for ” US Residential Mortgage Underwriters ” for a US BPO at Chennai.** **Title - Analyst / Sr Analyst / SME (25 positions)** **Exp - Any degree with 1 - 10 years UW exp.** **Pay - upto 9 LPA (based on evaluation)** **Availability - Should join by end of Dec’ 2024.** **Responsibilities**: **Loan Application...

  • Us Mortgage

    6 months ago


    Chennai, Tamil Nadu, India QRight Solutions Full time

    **DESCRIPTION**: The Due Diligence Underwriter will be responsible for assessing residential mortgage loans for adherence to investor criteria including but not limited to those criteria stipulated by the nationally recognized statistical rating organizations for third party review of residential mortgage loans. This assessment will encompass aspects of data...


  • 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...


  • Chennai, Tamil Nadu, India 2coms Full time

    About Our ClientOur Client is a leading Indian multinational corporation that provides information technology, consulting, and business process services. It is one of the top Big Tech companies, with capabilities spanning cloud computing, computer security, digital transformation, artificial intelligence, robotics, data analytics, and other consulting...


  • Chennai, Tamil Nadu, India QRight Solutions Full time

    **DESCRIPTION**: The Due Diligence Underwriter will be responsible for assessing residential mortgage loans for adherence to investor criteria including but not limited to those criteria stipulated by the nationally recognized statistical rating organizations for third party review of residential mortgage loans. This assessment will encompass aspects of data...