Loan Credit Specialist

1 week ago


kollam, India beBeeCredit Full time

Senior Mortgage UnderwriterAs a seasoned mortgage professional, you will play a pivotal role in evaluating loan applications and making informed decisions about creditworthiness. With 4+ years of experience in US mortgage underwriting, you will have a solid understanding of US residential mortgage and exposure to underwriting processes & guidelines.Key skills include:Critical thinking and problem-solvingAnalysis and calculation of qualifying income from various tax documentsWell-versed with FNMA, FHLMC, and knowledge of GNMA and investor guidelines is an additional benefitResponsibilities include:Evaluating complete loan documents and providing approval or denial decisionComplete review of credit report to verify trade lines, derogatory accounts, public records, and credit reconciliationThorough income calculation – salaried income, business income, retired other income, and rental incomeComplete review of collateral and property valuationAssets verification includes borrower's bank account statement, retirement accounts, mutual funds, and other investmentsCredit analysis based on borrower's income, asset, liability, and collateral (4C's of underwriting) to determine the credit worthiness of a customerValidating and processing the loan documents on behalf of a mortgage lender organizationEvaluating evidence of borrower's willingness and ability to repay the obligationGood communication, presentation skills, self-motivated, and hard working



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