Mortgage Risk Manager

6 days ago


salem, India beBeeUnderwriter Full time

As a senior underwriter, you will be responsible for reviewing loan documents and making approval or denial decisions.4+ years of experience in US mortgage underwriting is required.A sound knowledge of US residential mortgage and underwriting processes & guidelines is essential.Excellent critical thinking, problem-solving, and sound judgment are necessary for analyzing and calculating qualifying income from salaried tax documents such as 1040s, Schedule E, 1065, 1120, 1120S, K1, transcripts, etc.Well-versed with FNMA, FHLMC, GNMA, and investor guidelines is an additional benefit.Good analytical and problem-solving skills are required for decision-making when applying business judgment.Evaluating complete loan documents for 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 statements, retirement accounts, mutual funds, and other investments.Credit analysis based on borrower's Income, Asset, Liability, and Collateral (4C's of Underwriting) to determine the credit worthiness of a customer.Validating and processing the Loan documents on behalf a Mortgage lender organization.Evaluating evidence of borrower's willingness and ability to repay the obligation.Key Skills: Residential Underwriting, US mortgage



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