Senior Mortgage Risk Analyst

1 week ago


alappuzha, India beBeeRiskAnalysis Full time

Job OverviewMortgage underwriting involves maintaining a comprehensive knowledge of US mortgage originations and closing procedures.A strong understanding of the 4C's of underwriting, encompassing creditworthiness, collateral, capacity to repay, and conditions, is essential.Proficiency in end-to-end underwriting of conventional loans is necessary.Interpreting state rules, federal regulations, investor guidelines, and applying them to specific loans is crucial.Knowledge of Fannie Mae & Freddie Mac Guidelines is required.Key responsibilities include analyzing income & employment data, credit strength, capacity to repay, property appraisal, title report, calculating LTV/CLTV/HCLTV/DTI/HTI, and identifying red flags for decision-making.Ability to calculate various types of income and make sound decisions based on loan risk analysis.Working knowledge of fraud detection tools and documenting missing documents effectively is also required.Regular audit of files from a compliance standpoint is necessary to ensure accuracy and adherence to lender standards.



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