Highly Experienced Mortgage Specialist Required

5 days ago


visakhapatnam, India beBeeMortgage Full time

Senior Mortgage Underwriter RoleThis is a senior underwriter position that requires 4+ years of US mortgage underwriting experience, with an emphasis on strategic decision-making.The candidate should have total 4+ years of US mortgage underwriting experience.A sound knowledge of US Residential mortgage products and guidelines is essential.Exposure to underwriting processes & guidelines is necessary for this role.Excellent critical thinking, problem-solving, and sound judgment are required for analysis and calculation of qualifying income from salaried tax documents such as 1040s, Schedule E, 1065, 1120, 1120S, K1, transcripts etc.Well-versed in FNMA, FHLMC, and knowledge of GNMA and investor guidelines is beneficial.Good analytical and problem-solving skills are required for success in this position.Decision-making skill when applying business judgment is essential.Evaluate complete loan documents and provide approval or denial decisions.Complete review of credit reports to verify trade lines, derogatory accounts, public records, and credit reconciliation.Thorough income calculation – salaried income, business income, retired other income, and rental income.Complete review of collateral and property valuation.Assets verification include borrower's bank account statement, retirement accounts, mutual funds, and other investments.Credit analysis based on borrower's Income, Asset, Liability, and Collateral (IALC) to determine the credit worthiness of a customer.Validating and processing the Loan documents on behalf of a Mortgage lender organization.Evaluating evidence of borrower's willingness and ability to repay the obligation.Good communication, presentation skills, self-motivated, and hard working.



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