US Mortgage Underwriting Specialist

6 days ago


ahmedabad, India beBeeCredit Full time

Mortgage Underwriter Job DescriptionRole OverviewCandidates should have a minimum of 3 years' experience in US mortgage underwriting.Proficient knowledge of FNMA, FHLMC, and understanding of GNMA and investor guidelines is beneficialExcellent analytical and problem-solving skills are necessaryThe ability to make informed decisions based on business judgmentEvaluate loan documents thoroughly and provide approval or denial decisionsReview credit reports to verify trade lines, derogatory accounts, public records, and credit reconciliationA thorough examination of income calculations including salaried income, business income, retired other income, and rental incomeA comprehensive review of collateral and property valuationVerification of assets including bank account statements, retirement accounts, mutual funds, and other investmentsCredit analysis based on borrower's Income, Asset, Liability, and Collateral (4C of Underwriting) to assess the customer's credit worthinessValidating and processing loan documents on behalf of a mortgage lender organizationEvaluating evidence of borrower's willingness and ability to repay the obligation



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