Loan Origination Specialist

1 week ago


surat, India beBeeUnderwriter Full time

Job OverviewMaintain a thorough knowledge of US Mortgage Originations, closing processes, federal and state lending regulations to ensure compliance with regulatory and client guidelines.The ideal candidate will have a strong understanding of the 4C's of underwriting and experience in end-to-end underwriting of Conventional loans using Desktop Underwriter (DU) and Loan Prospector (LP).Key responsibilities include interpreting state laws, statute regulations, federal statutes, and investor guidelines to apply them to specific loans. This involves reviewing loan files for compliance, analyzing income and employment data, credit strength, property appraisal, title report, and calculating LTV/CLTV/HCLTV/DTI/HTI.In addition, you will be responsible for identifying red flags, approving or denying files accordingly, and analyzing risk involved in approving loans. Experience with various fraud tools and ability to obtain and decipher AUS findings is also required.


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